Nitrile Gloves Market: Industry Analysis and Forecast (2021-2027) by Type, Product, and Region

By 2027, the Nitrile Gloves Market is expected to reach US $ 8.98 billion, thanks to growth in the industrial product segment. The report analyzes Nitrile Gloves Market dynamics by region and Product industries.

Nitrile Gloves Market Overview:

The synthetic copolymer nitrile is created by combining acrylonitrile and butadiene. Due to the obvious additional processing stage in the production process, nitrile gloves were initially more expensive than latex gloves. However, technological developments have resulted in more cost-effective nitrile glove manufacturing techniques. Nitrile gloves are now on par with latex gloves in terms of cost. Nitrile is also less prone than latex to induce allergies. Nitrile Gloves Market To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2015 to forecast the market through 2027. 2020is considered a base year however 2020's numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done good in lockdown also and specific strategic analysis of those companies is done in the report

Nitrile Gloves Market Dynamics:

Nitrile Gloves Market size was esteemed at US$ 5.04 Bn. in 2020 and the total profits are expected to grow at 14.1% through 2021 to 2027, reaching nearly US$ 8.98 Bn. Over the projection period, the market is expected to rise due to rising awareness of the product's benefits in healthcare facilities, as well as an increase in the number of latex allergies. Nitrile gloves are latex-free, which makes them more appealing to persons with latex allergies. Synthetic rubber is also used in their manufacturing, which helps to provide great strength, durability, and enhanced flexibility, as well as the capacity to alleviate hand fatigue, provide a pleasant fit, and reduce friction. The recent COVID-19 pandemic outbreak is anticipated to be a major factor in rising demand in the United States. The country is one of the most badly hit by the coronavirus in the globe. The rapid spread of COVID-19 throughout the country has heightened demand, particularly in the healthcare sector, to prevent further transmission. Manufacturers of nitrile gloves use innovative technology to create, manufacture and deliver their products to a variety of end-use sectors. They could develop their proprietary technology or license technology from others in the market. To keep prices low, these companies make the product in one area at cheap manufacturing costs and distribute it all over the world. Strong growth for butadiene for Styrene-butadiene Rubber (SBR) is predicted to limit raw material availability for NBR manufacturing, putting downward pressure on NBR prices. Increased shale gas output, on the other hand, is predicted to increase raw material quantities, lower product prices, and boost market profit margins. Nitrile gloves provide several advantages over latex gloves, including long shelf life, minimal friction, and puncture resistance. Furthermore, escalating pandemic disease occurrences, such as COVID-19 and swine flu (H1N1), together with expanding demand for infection management, are expected to drive demand throughout the projection period.

Nitrile Gloves Market Segment Analysis:

The Powder-free segment is leading the Product segment of the Nitrile Gloves Market: Due to the superior strength of powder-free gloves compared to powdered gloves, the powder-free sector accounted for 71.3% of the share of global sales in 2019. In addition, powder-free gloves are frequently utilized in the medical and healthcare industries, where disposable gloves are in high demand and growing rapidly following the breakout of the COVID-19 epidemic. Powder-free nitrile gloves are likely to dominate the market over the forecast period, thanks to their growing popularity in a variety of industries such as medical, food processing, and chemical. Furthermore, several governments around the world are projected to have a favorable impact on the powder-free nitrile gloves market over the forecast period. Nitrile gloves are powdered with cornstarch and calcium carbonate. Cornstarch powder, which is often used, makes it easier to wear, improves grip, and reduces dampness. Allergies to powdered nitrile gloves have not been reported. These gloves, however, may cause skin sensitivities or allergies if worn for a lengthy amount of time. The United States Food and Drug Administration (FDA) banned the manufacture, sale, and distribution of powdered patient examination and surgeon gloves on January 19, 2017. Although powdered gloves for industrial purposes have not been banned by the FDA, they are gradually being phased out, which is predicted to have a detrimental influence on the market The disposable nitrile gloves segment is dominating the Type segment of the Nitrile Gloves Market: In 2019, the disposable nitrile gloves segment had a market share of more than 65.5%, and it is predicted to grow at a high pace in the above-mentioned timeframe. Following the onset of the COVID-19 pandemic, there has been an increase in demand for single-use gloves across all end-use industries. Disposable nitrile gloves also help to prevent the spreading of illnesses and germs in medical settings, which boosts consumption in the healthcare industry sectors. The COVID-19 epidemic has resulted in a surge in demand for personal protective equipment (PPE), especially gloves. Healthcare workers prefer disposable gloves to prevent cross-contamination during treatment or examination. As a result, demand for disposable nitrile gloves is expected to increase over the forecast period. Nitrile Gloves Market The Medical and healthcare segment is ruling the Type segment of the Nitrile Gloves Market: In 2019, the medical and healthcare category accounted for 69.4 % of worldwide revenue, owing to widespread product use in the industry, which helps to minimize cross-contamination and pathogen transmission during medical examinations and surgeries. Furthermore, these gloves provide a barrier of protection against germs, blood-borne diseases, and other environmental toxins that can be transmitted on the job. The most popular gloves used in the automobile sector are nitrile gloves, which are made of synthetic polymer and are latex-free, reducing friction and increasing puncture resistance. Additionally, nitrile gloves are chemically resistant, particularly to grease, oil, and gasoline. As a result, they are in high demand in the automotive industry.

Nitrile Gloves Market Regional Insights:

North America is estimated to dominate the growth of the Nitrile Gloves Market. In 2019, North America had the greatest market share of almost 35%. During the forecast period, regional demand is predicted to grow at a CAGR of about 13.0%. The expansion is expected to be fueled by factors such as rising healthcare costs, an aging population, and more awareness of healthcare-acquired infections. Furthermore, increased rates of chronic disorders, such as obesity, are expected to raise healthcare spending, even more, boosting the market growth. The penetration of nitrile gloves in Europe is expected to increase over the forecast period due to an increase in the number of occupational injuries and a growing demand for highly effective protective gloves in the majority of core industries such as food and beverage, metal manufacturing, oil and gas, automotive, and chemical. Nitrile Gloves MarketThe objective of the report is to present a comprehensive analysis of the Nitrile Gloves Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Nitrile Gloves Market dynamics, structure by analyzing the market segments and projecting the Nitrile Gloves Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the Nitrile Gloves Market make the report investor’s guide.

Nitrile Gloves Market Scope: Inquire before buying

Nitrile Gloves Market

Nitrile Gloves Market, by Region

• North America o US o Canada o Mexico • Europe o U.K o France o Germany o Italy o Spain o Sweden o CIS Countries o Rest of Europe • Asia Pacific o China o India o Japan o South Korea o Australia o ASEAN o Rest of Asia Pacific • The Middle East and Africa o South Africa o GCC Countries o Egypt o Nigeria o Rest of ME&A • South America o Brazil o Argentina o Rest of South America

Nitrile Gloves Market Key Player

Dynarex Corporation (US) • Shield Scientific B.V. (Netherland) • Mercator Medical S.A, (Poland) • Hartalega Holdings Berhad (Malaysia) • Top Glove Corporation Bhd (Malaysia) • Kossan Rubber Industries Bhd (KRI) (Malaysia) • Ansell Healthcare (US) • Medline Industries, In (US) • 3M (US), McKesson Corporation (US) • Honeywell International Inc (US) • Atrium Medical Care (US)B • Kimberly Clark (US) • SHIELD Scientific (France) • Supermax Healthcare Limited (UK FAQs: 1. What is the Nitrile Gloves Market value in 2020? Ans: Nitrile Gloves Market value in 2020 was estimated as 5.04 Billion USD. 2. What is the Nitrile Gloves Market growth? Ans: The Nitrile Gloves Market is anticipated to grow with a CAGR of 14.1% in the forecast period and is likely to reach USD 8.98 Billion by the end of 2027. 3. Which segment is expected to dominate the Nitrile Gloves Market during the forecast period? Ans: North America dominated the nitrile gloves market with a share of 35.6% in 2019 owing to the increasing demand from the healthcare industry and growing awareness pertaining to workplace safety. 4. Who are the key players in the Nitrile Gloves Market? Ans: Some of the key players operating in the nitrile gloves market include Top Glove Corporation Bhd, Hartalega Holdings Berhad, Ansell Ltd., Supermax Corporation Berhad, Kossan Rubber Industries Bhd, Superior Gloves, MCR Safety, Medline Industries, Inc., and Unigloves (UK) Limited. 5. What is the key driving factor for the growth of the Nitrile Gloves Market? Ans: Key factors that are driving the nitrile gloves market include rising demand for disposable nitrile gloves across the end-use industries along with increasing demand in the medical industry post-outbreak of the COVID-19 pandemic.
1. Global Nitrile Gloves Market: Research Methodology 2. Global Nitrile Gloves Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Nitrile Gloves Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Nitrile Gloves Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 5.04 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Nitrile Gloves Market Segmentation 4.1 Global Nitrile Gloves Market, by Type (2020-2027) • Powdered • Powder-free 4.2 Global Nitrile Gloves Market, by Product (2020-2027) • Disposable • Durable 4.3 Global Nitrile Gloves Market, by End-User (2020-2027) • Medical & Healthcare o Surgical o Examination • Automotive • Oil & Gas • Food & Beverage • Metal & Machinery • Chemical & Petrochemical • Pharmaceutical • Cleanroom • Others 4 North America Nitrile Gloves Market (2020-2027) 4.1 North America Nitrile Gloves Market, by Type (2020-2027) • Powdered • Powder-free 4.2 North America Nitrile Gloves Market, by Product (2020-2027) • Disposable • Durable 4.3 Global Nitrile Gloves Market, by End-User (2020-2027) • Medical & Healthcare o Surgical o Examination • Automotive • Oil & Gas • Food & Beverage • Metal & Machinery • Chemical & Petrochemical • Pharmaceutical • Cleanroom • Others 4.3 North America Nitrile Gloves Market, by Country (2020-2027) • United States • Canada • Mexico 5 Asia Pacific Nitrile Gloves Market (2020-2027) 6.1. Asia Pacific Nitrile Gloves Market, by Type (2020-2027) 6.2. Asia Pacific Nitrile Gloves Market, by Product (2020-2027) 6.2. Asia Pacific Nitrile Gloves Market, by End-user (2020-2027) 6.2. Asia Pacific Nitrile Gloves Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 6 Middle East and Africa Nitrile Gloves Market (2020-2027) 7.1. Middle East and Africa Nitrile Gloves Market, by Type (2020-2027) 7.2. Middle East and Africa Nitrile Gloves Market, by Product (2020-2027) 7.3. Middle East and Africa Nitrile Gloves Nitrile Gloves Market, by End-user (2020-2027) 7.4. Middle East and Africa Nitrile Gloves Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 7 Latin America Nitrile Gloves Market (2020-2027) 8.1. Latin America Nitrile Gloves Market, by Type (2020-2027) 8.2. Latin America Nitrile Gloves Market, by Product (2020-2027) 8.3. Asia Pacific Nitrile Gloves Market, by End-user (2020-2027) 8.4. Latin America Nitrile Gloves Market, by Country (2020-2027) • Brazil • Argentina • Rest of Latin America 8 European Nitrile Gloves Market (2020-2027) 9.1. European Nitrile Gloves Market, by Type (2020-2027) 9.2. European Nitrile Gloves Market, by Product (2020-2027) 9.3. Asia Pacific Nitrile Gloves Market, by End-user (2020-2027) 9.4 European Nitrile Gloves Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe 9 Company Profile: Key players 10.1. Veolia 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. MCR Safety 10.3. Medline Industries 10.4. Dynarex Corporation (US) 10.5. Shield Scientific B.V. (Netherland) 10.6. Mercator Medical S.A, (Poland) 10.7. Hartalega Holdings Berhad (Malaysia) 10.8. Top Glove Corporation Bhd (Malaysia) 10.9. Kossan Rubber Industries Bhd (KRI) (Malaysia) 10.10. Ansell Healthcare (US) 10.11. Medline Industries, In (US) 10.12. 3M (US), McKesson Corporation (US) 10.13. Honeywell International Inc (US) 10.14. Atrium Medical Care (US) 10.15. Kimberly Clark (US) 10.16. SHIELD Scientific (France) 10.17. Supermax Healthcare Limited (UK

About This Report

Report ID126531
Category Healthcare
Published DateNov 2021
Updated Date
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