NITRILE GLOVES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Nitrile gloves are made using synthetic polymers and provide excellent chemical and puncture resistance as compared to natural rubber latex gloves. These are extensively used across various industries such as healthcare, automotive, manufacturing, construction and others due to their affordability and suitability for people with latex allergies. Technological advancements have led to the development of nitrile gloves with improved thickness, strength and durability to withstand demanding industrial applications involving chemicals and hazards. Stringent regulations regarding personal protection equipment along with growing awareness about health and safety can boost uptake of nitrile gloves.

Market Dynamics:

Global nitrile gloves market growth is driven by increasing healthcare and medical spending, rapid industrialization and strict employee safety laws. Nitrile gloves are widely adopted in the healthcare sector due to their anti-allergen properties and provides effective protection against contaminated bodily fluids. Their high puncture and abrasion resistance makes them ideal for cleaning and surgical applications. There has been huge demand for nitrile gloves from automotive, oil & gas, construction, chemicals and food &beverage sectors due to stringent employee safety and product contamination prevention norms. However, pricing pressures due to low entry barriers for new manufacturers and availability of cheaper alternatives such as rubber and vinyl gloves can hamper the market growth. Moreover, fluctuations in raw material prices poses challenge for established players. The development of antimicrobial and chemical-resistant premium variants can expand the scope for nitrile gloves in new applications, thus, offering lucrative opportunities for key market players.

Key Features of the Study:

• -This report provides in-depth analysis of the global nitrile gloves market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global nitrile gloves market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Top Glove Corporation Bhd, Hartalega Holdings Berhad, Kossan Rubber, Supermax Corporation Berhad, 3M, Honeywell International, Ansell Ltd., Cardinal Health, Semperit AG Holding, Kimberly-Clark
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global nitrile gloves market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global nitrile gloves market

Detailed Segmentation-

• By Type
  
  • Powdered
  • Powder-free
    
• By Product
  
  • Disposable
  • Durable
    
• By End User
  
  • Hospitals & Clinics 
  • Research Laboratories
  • Medicals
  • Food Processing
  • Others
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
  • Cardinal Health
  • Medline Industries, Inc.
  • Ansell Ltd
  • Top Glove Corporation Bhd
  • Hartalega Holdings Berhad
  • Kossan Rubber Industries Bhd
  • Supermax Corporation Berhad
  • Superior Gloves
  • MCR Safety
  • Adenna LLC
  • Ammex Corporation
  • Unigloves (UK) Limited
  • Globus (Shetland) Ltd.
  • Atlantic Safety Products, Inc.
  • MAPA Professional