Nitrile gloves Market: Impacts and Opportunities by [2023-2032] | Ansell, Top Glove, Top Glove Corporation Berhad, Dynarex

The global nitrile gloves market revenue was around US$ 9.5 billion in 2021 and is estimated to reach US$ 17 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.1% during the forecast period from 2022 to 2031.

Nitrile gloves are naturally anti-static. They are odorless and have improved solvent resistance, making them suitable for use in food and dairy applications. Because Nitrile gloves can tolerate ISO Propyl Alcohol, they are frequently utilized in the food industry. Furthermore, these gloves are perfect for surgeons or other medical professionals who frequently suffer from latex allergy due to their latex-free origin and production method. Synthetic gloves called disposable nitrile gloves are typically applied in the dental field.

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Factors Influencing Market Growth

The practical and frequently used gloves by dentists and surgeons are nitrile gloves because they can tolerate or provide resistance to solvents and chemicals. Additionally, these gloves are created, put through a battery of abrasion resistance tests, and then authorized for medical use by the Food and Drug Administration. These factors fuel the expansion of market growth.

The rise in demand for robust nitrile gloves surges is expected to create lucrative opportunities in the market.

Less tactile sensitivity than latex gloves is predicted to hamper the market growth.

Study of the COVID-19 Pandemic

The COVID-19 pandemic had a significant impact on the nitrile glove market due to the rise in demand for primary protective gear, including medical gloves, masks, and other items, during COVID-19 infections. Medical masks and gloves are essential in preventing the transmission of viruses and protecting both patients and healthcare workers from infection. To reduce the transmission of viruses, some nations throughout the world are accelerating the import and sales of PPE kits, notably nitrile-based medical gloves. As a result, of the COVID-19 pandemic situation, certain governmental agencies are accepting new production facility licenses for medical gloves.

Regional Insights

Asia-Pacific dominates the nitrile gloves market. The main market trend is that nitrile gloves are becoming important in the medical and healthcare sectors due to their benefits for human health. Healthcare workers frequently wear gloves and are at an elevated risk of developing hand dermatitis. Additionally, it might be difficult for professionals to maintain clean hands and healthy hand skin. The healthcare sector in Asia-Pacific is expanding quickly due to population changes, technological advancements, and assistance from governmental organizations. Additionally, it is projected that this feature will present fresh growth prospects for the nitrile glove market.

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Leading Competitors

The leading competitors in the global nitrile gloves market are:
Ansell
Top Glove
Top Glove Corporation Berhad
Dynarex
Unigloves (UK) Ltd
Superior Gloves
Adenna LLC
Medline
MCR Safety
Rubberx
Kossan Rubber Industries
Carolina
Adventa Berhad
Ammex Corporation
Cardinal Health Inc
Hartalega Holdings
Others
Segmentation Analysis
The global nitrile gloves market segmentation focuses on Type, Product, End-Use, and Region.
Segmentation based on Type
Powdered
Powder-free
Segmentation based on Product
Disposable
Durable
Segmentation based on End-Use
Medical and Healthcare
Automotive
Oil and Gas
Food and Beverage
Metal and Machinery
Chemical and Petrochemical
Pharmaceutical
Cleanroom
Others

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Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific

Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA

South America
Brazil
Argentina
Rest of South America

Reasons to Buy This Report

(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.

(B) The report offers comprehensive analysis of Nitrile gloves market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.

(C) The research includes segmentation of the Nitrile gloves market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.

(D) Analysis of the Nitrile gloves market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.

(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.

(F) The study helps evaluate Nitrile gloves business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.

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This release was published on openPR.