Nitrile Gloves Market, by Type (Powdered, Powder-Free), Product Type (Disposable, Durable), End-Use Industry Type (Medical & Healthcare, Automotive, Oil & Gas, Food & Beverage, Metal & Machinery, Chemical & Petrochemical, Pharmaceuticals, Cleanroom, and Others), and Region (North America, Europe, Asia-Pacific, and the Rest of the World).
Nitrile Gloves Market, by Type (Powdered, Powder-Free), Product Type (Disposable, Durable), End-Use Industry Type (Medical & Healthcare, Automotive, Oil & Gas, Food & Beverage, Metal & Machinery, Chemical & Petrochemical, Pharmaceuticals, Cleanroom, and Others), and Region ...
Nitrile Gloves market is likely to grow from USD 8.97 billion in 2021 to USD 13.22 billion by 2028 at a CAGR of 5.64% during the forecast period of 2022-2028.
Nitrile gloves are manufactured by utilizing the copolymer NBR which is composed of Acrylonitrile and Butadiene. It is a synthetic option to natural rubber latex gloves which are known to induce allergies. Nitrile gloves can be categorized based on type into powdered and powder-free. Based on the product type into disposable and durable. Based on end-use industries into medical & healthcare, automotive, oil & gas, food & beverage, metal & machinery, chemical & petrochemical, pharmaceutical, cleanroom, and others.
The prime factors that are driving the nitrile gloves market are rising awareness in the healthcare industry, an outbreak of COVID-19, and better performance than latex gloves.
Based on the type, the market is segmented as powdered and powder-free. The powder-free segment dominated the market in 2019 and is expected to maintain its position during the forecast period. Increasing demand from healthcare and medical industries owing to increased demand for disposable gloves is the major driving factor for the powder-free segment.
Product Trends
Based on the product type, the nitrile gloves market is segmented as disposable and durable. The disposable segment holds the major share of the pie and is also expected to witness a healthy growth during the forecast period. The outbreak of COVID-19, increasing demand from all the end-use industries, and better performance than latex gloves are the major driving factors of the segment.
End-Use Industry Trends
Based on the end-use industry type, the nitrile gloves market is segmented as medical & healthcare, automotive, oil & gas, food & beverage, metal & machinery, chemical & petrochemical, pharmaceutical, cleanroom, and others. The medical & healthcare segment holds the major share of the market and is expected to maintain its leading position in the market.
Regional Analysis
In terms of regions, North America is estimated to be the largest market for nitrile gloves during the forecast period. Developed healthcare and medical industries, increasing elderly population, and growing awareness pertaining to healthcare-acquired infections are the major factors fueling the market growth. Europe and Asia-Pacific are the other major markets and are expected to witness significant growth during the forecast period.
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In-depth analysis of the Nitrile Gloves Market
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Market forecast and trend data and emerging trends
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Global, regional and country level historical data and forecasts
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Market segment analysis and forecast
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The nitrile gloves market is segmented into the following categories-
By Type:
Powdered
Powder-Free
By Product Type:
Disposable
Durable
By End-Use Industry Type:
Medical & Healthcare
Automotive
Oil & Gas
Food & Beverage
Metal & Machinery
Chemical & Petrochemical
Pharmaceutical
Cleanroom
Others
By Region:
North America (Country Analysis: the USA, Canada, and Mexico)
Europe(Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
Asia-Pacific(Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
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Top Glove Corporation Bhd; Hartalega Holdings Berhad; Ansell Ltd.; Supermax Corporation Berhad; Kossan Rubber Industries Bhd; Superior Gloves; MCR Safety; Medline Industries, Inc.; Unigloves (UK) Limited are among the key players in the market.