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Global Nitrile Gloves Market to 2030 – by Type, Products, Quality, Texture, End Use and Region – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Nitrile Gloves Market by Type, by Products, by Grade, by Texture, by End-Use, and by Region, Forecast to 2030” report has been added to from ResearchAndMarkets.com offer.

The global nitrile gloves market size is expected to reach USD 15.24 billion by 2030 and register a CAGR of 13.1% over the forecast period, according to the latest report. The growing need for a safe and hygienic healthcare system is expected to support the growth of the market.

Nitrile gloves are commonly used in laboratories, food processing and hair salons. These gloves are made of synthetic rubber, which is a latex-free type of material. Nitrile gloves offer superior puncture and chemical resistance. They are also more comfortable to wear than other types of gloves.

The outbreak of COVID-19 has led to an increase in the demand for nitrile gloves as they provide better protection against the virus compared to other types of gloves such as latex and vinyl gloves. The World Health Organization (WHO) has recommended the use of nitrile gloves as a protective measure against the virus.

The increasing number of accidents and injuries in the construction and manufacturing sectors is expected to fuel the growth of the nitrile gloves market. The need for personal protective equipment (PPE) in these industries is expected to increase the demand for nitrile gloves over the forecast period.

Rising awareness of the importance of hand hygiene is expected to drive the demand for nitrile gloves over the forecast period. WHO has conducted various awareness campaigns to promote hand hygiene and prevent the spread of disease. This is expected to have a positive impact on the growth of the nitrile gloves market.

Some highlights of the report

  • The medical-grade segment accounted for a large share of revenue in 2021 owing to its high demand from the healthcare industry. Government initiatives to promote sanitation and personal hygiene are expected to have a positive impact on the growth of the nitrile gloves market. The increasing number of foodborne illnesses is also leading to the increased use of nitrile gloves in the food industry to prevent contamination.

  • Disposable segment revenue is expected to grow at a significantly high CAGR during the forecast period owing to the growing preference for nitrile gloves as a single-use product in the healthcare, food and beverage industries. beverages and other industries to avoid cross contamination. However, the reusable gloves segment is expected to grow at a relatively higher CAGR over the forecast period owing to their wide applications in the automotive and construction industry who prefer to use reusable gloves due to their cost effectiveness.

  • Growth in the food and beverage industry is another major factor expected to drive the growth of the nitrile gloves market. The growing demand for processed and packaged foods is expected to increase the use of nitrile gloves in the food processing industry.

  • The Asia-Pacific region is expected to witness significant growth over the forecast period due to the rapid growth of healthcare, food & beverage, and construction industries in the region. Rising population and growing disposable income is expected to further drive the market growth in the region.

  • The North American region is expected to be a major contributor to the global nitrile gloves market owing to the presence of prominent players in the region. The United States is a major market for nitrile gloves due to the growing awareness of the importance of hand hygiene and the increasing number of accidents and injuries in the country.

  • The European region is expected to witness significant growth over the forecast period owing to the presence of prominent players in the region. Rising health awareness of people is expected to drive the growth of nitrile gloves market in the region.

Market dynamics

Drivers

  • COVID-19 outbreak leading to increased demand

  • Increased risk of infection and implementation of strict hygiene protocols

  • Growing use of nitrile gloves by healthcare professionals

  • Growing incidences of chronic diseases and the need for surgical interventions

  • Growing use of nitrile gloves in cosmetic and plastic surgeries

Constraints

  • Volatile raw material costs

  • Strict regulations on polymer products imposed by governments

  • Allergic reactions to nitrile gloves

Companies cited

  • Hartalega Holdings Berhad

  • Ansell Limited

  • Dynarex Company

  • United Gant Inc

  • Kossan Rubber Industries Berhad

  • Rubberex Corporation (M) Berhad

  • Top Glove Corporation Berhad

  • Unigloves (UK) Limited

  • YTY Group

  • Riverstone Resources Sdn Bhd

For this report, the editor has segmented the global nitrile gloves market on the basis of type, products, quality, texture, end-use, and region:

Type Outlook (Revenue, USD billion; 2019-2030)

  • Powder-free nitrile gloves

  • Powder Coated Nitrile Gloves

Product Outlook (Revenue, USD Billion; 2019-2030)

Ratings Outlook (Revenue, USD Billion; 2019-2030)

  • Medical grade

  • Industrial level

  • Food grade

Texture Outlook (Revenue, USD Billion; 2019-2030)

  • Smooth

  • Rough mic

  • Aggressive texture

End-Use Outlook (Revenue, USD Billion; 2019-2030)

  • Health care

  • food and drinks

  • Automotive

  • Construction

  • petroleum gas

  • Pharmaceutical

  • Chemical

  • Metal and machinery

  • Clean rooms

  • Others

Regional Outlook (Revenue, USD Billion; 2019-2030)

  • North America

  • WE

  • Canada

  • Mexico

  • Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • Sweden

  • BENELUX

  • The rest of Europe

  • Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Rest of APAC

  • Latin America

  • Brazil

  • Rest of LATAM

  • Middle East and Africa

  • Saudi Arabia

  • United Arab Emirates

  • South Africa

  • Israel

  • Rest of MEA

For more information on this report, visit https://www.researchandmarkets.com/r/rwdvu7