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Rubber Gloves Market Insights into Competitive Landscape and Market Forecast In Latest Study

05-07-2024 11:25 AM CET | Chemicals & Materials

Press release from: Allied Market Research (AMR)

Rubber Gloves Market

Rubber Gloves Market

The rubber gloves market, according to Allied Market Research's report, is set to experience substantial growth in the coming years. The report outlines key drivers, such as increased demand in medical and healthcare sectors, as well as from industries like chemical, oil & gas, and petrochemical. However, challenges such as latex sensitivity and limited tactile sensitivity of nitrile gloves may hinder growth. Nonetheless, rising awareness of hygiene practices presents new opportunities.

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In the wake of the COVID-19 pandemic, disrupted supply chains impacted manufacturing negatively, although demand from medical and residential sectors surged, leading to higher raw material prices. Governments invested in disposable medical gloves production, and heightened awareness about health and safety benefits boosted market growth.

The powder-free segment is expected to dominate the market, driven by increased demand from hospitals and laboratories. Similarly, the disposable segment is projected to maintain its lead, supported by sectors like food & catering, healthcare, and automotive.

North America led the market in 2020 due to significant demand from R&D activities, while Asia-Pacific is expected to witness the fastest growth.

Key players in the industry include Hartalega Holdings Berhad Corporation, Atlantic Safety Products Inc., Kimberly Clark Company, and others.

Obtain Report Details: https://www.alliedmarketresearch.com/rubber-gloves-market-A11847

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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