Nitrile Gloves Market To Reach USD 3.30 Billion By 2026 at CAGR of 6.3% | Ansell, Hartalega Holdings Berhad, Dynarex Corporation, United Glove Inc., etc.

The global nitrile gloves market is expected to reach USD 3.30 Billion by 2026, according to a new report by Reports and Data. The report focuses on the recent market trends and end-use application of nitrile gloves. A growth in occurrence of epidemic diseases and a subsequent demand for infection prevention and control utilities would drive the market demand in the upcoming years.

Nitrile gloves are primarily used across medical sector, as a safety tool to prevent spreading of infection between caretakers and patients. The benefits offered by nitrile gloves comprise superior strength, longevity, and better protection against blood borne pathogens. Further, nitrile gloves being latex-free, it becomes preferable of choice for medical professionals to cure allergic cases.

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Key participants include Ansell, Hartalega Holdings Berhad, Dynarex Corporation, United Glove Inc., Kossan Rubber Industries Ltd., Supermax Corporation Berhad, Rubberex, Adventa Berhad, Kimberly Clark and 3M among others.

Rise in awareness pertaining to wellbeing and hygiene amongst medical professionals and patients is estimated to stimulate the market growth. However, likely risk of price rivalry from local producers limits the growth of the market. Prospects in untapped markets that have high potential owing to developing healthcare infrastructure, growth in occurrences of chronic diseases and requirement for surgical interventions would further create a rise in demand for nitrile gloves in the forecast period.

Asia pacific market is estimated to witness fastest growth rate of 6.5% in the nitrile gloves market. This can be chiefly attributed to the growth in healthcare sector and food processing industry in the countries in this region, especially China, India and South Korea.

For the purpose of this report, Reports and Data have segmented global nitrile gloves market on the basis of type, component, texture, grade, product finish, end-user and region:

Type Outlook (Volume, Thousand Units; 2016-2026 and Revenue, USD Million; 2016-2026)
o Powdered
o Powder Free
o Sterile
o Non-Sterile

Component Outlook (Volume, Thousand Units; 2016-2026 and Revenue, USD Million; 2016-2026)
o Butadiene
o Acrylonitrile

Texture Outlook (Volume, Thousand Units; 2016-2026 and Revenue, USD Million; 2016-2026)
o Smooth
o Micro-Roughened
o Aggressively Textured

Grade Outlook (Volume, Thousand Units; 2016-2026 and Revenue, USD Million; 2016-2026)
o Industrial Grade
o Medical Grade
o Exam Grade

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Product Finish Outlook (Volume, Thousand Units; 2016-2026 and Revenue, USD Million; 2016-2026)
o Chlorinated
o Polymer Coated
o No Finish

End-user Outlook (Volume, Thousand Units; 2016-2026 and Revenue, USD Million; 2016-2026)
o Automotive
o Manufacturing
o Healthcare
o Oil & Gas
o Construction
o Food Processing
o Others

Regional Outlook (Revenue in USD Million; 2016-2026)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

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Further key findings from the report suggest
o Powder-free nitrile gloves is projected to capture the largest market share and would grow at a rate of 6.4% during the forecast period. This dominance of powder-free nitrile gloves is due to the rising incidence of allergic reactions in people using powdered gloves.
o Micro-roughened nitrile gloves would contribute to the largest share of the market growing at a rate of 6.3% during the period 2019-2026. This type of texture is most popular on nitrile gloves. The surface of micro-roughened gloves appears like it has been lightly roughened, which offers a good extent of extra grip to the gloves. Micro-roughened gloves, are extensively used in medical practices allowing the practitioners to easily grip medical tools...Continued

Reasons to buy this market intelligence report:
1. Detailed market evaluation both at regional and global levels.
2. Significant changes in market scenario, along with an extensive competitive analysis
3. Classification of the industry based on product type, application, and region
4. Market segments segregated on the basis of type, application, and geography
5. Comprehensive analysis of the historical data and contemporary market scenario to infer industry size, volume, share, growth, and sales
6. Investigation of significant developments in the market dynamics
7. Market segments and regions

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