Global Cleanroom Gloves Market, by Raw Material (Nitrile gloves, Vinyl gloves, Polyisoprene gloves, Latex gloves, Neoprene gloves, and others), by Category (Sterile and Non Sterile), by End User (Hospital & Clinics, Pharmaceutical & Biotechnological, Medical Device Companies, and Diagnostic Laboratories), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 1,668.5 Mn in 2022 and is expected to exhibit a CAGR of 9.8% during the forecast period (2022-2030), as highlighted in a new report published by Coherent Market Insights.
The key players in the market are expanding their product capacities, which is expected to drive the market growth over the forecast period. For instance, in May 2021, Riverstone Resources (RRSB), a subsidiary of Riverstone Holdings Company, specialized in manufacturing nitrile cleanroom gloves, purchased an industrial land located in the Malaysian state of Selangor to support the expansion of its production capacity for cleanroom gloves. Hence, increase in production capacity has driven the global cleanroom gloves market.
Global Cleanroom Gloves Market– Impact of Coronavirus (COVID-19) Pandemic
The coronavirus (COVID-19) pandemic is the most recent outbreak, which was first reported on December 31, 2019, in Wuhan, China. The COVID-19 pandemic has increased awareness among industry participants regarding the importance of safety from corona virus. The increasing prevalence of COVID-19 pandemic is expected to rise in demand of nitrile gloves among leading healthcare workers for testing and inspection purposes. There has been substantial increase in demand for nitrile gloves owing to necessity in healthcare and medical application. The increase in demand for nitrile gloves increase from COVID-19 outbreak has driven the global cleanroom gloves market. Hence, the COVID-19 pandemic has positively affected the cleanroom gloves market by increasing production due to consciousness towards safety of healthcare and medical.
Browse 53 Market Data Tables and 29 Figures spread through 210 Pages and in-depth TOC on “Global Cleanroom Gloves Market”- Forecast to 2030, Global Cleanroom Gloves Market, by Raw Material (Nitrile gloves, Vinyl gloves, Polyisoprene gloves, Latex gloves, Neoprene gloves, and others ), by Category (Sterile and Non Sterile), by End User (Hospital & Clinics, Pharmaceutical & Biotechnological, Medical Device Companies, and Diagnostic Laboratories), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
To know the latest trends and insights prevalent in the Global Cleanroom Gloves Market, click the link below:
https://www.coherentmarketinsights.com/market-insight/cleanroom-gloves-market-5046
The key players in the market are adopting inorganic strategies such as acquisition has led to an expansion of their product portfolio. For instance, in March 2021 RS Components (RS), a worldwide omini channel solution NS partner for industrial customers and suppliers proclaimed the acquisition of John Liscombe Limited (Liscombe), a chief supplier of industrial safety and PPE – Personal Protection Equipment. Moreover, in December 2020, RS components' parent company, Electrocomponents plc, acquired Needlers, a leading U.K. manufacturer of Personal Protection Equipment (PPE) and hygiene products. The strategy of acquisition has increased the production of Personal Protection Equipment.
Key Takeaways of the Global Cleanroom Gloves Market:
- The global cleanroom gloves market is expected to exhibit a CAGR of 9.8% during the forecast period due to the increasing adoption of inorganic growth strategies such as acquisition by the key players in the market. For instance, in October 2018, Ansell healthcare product LLC, an indirect subsidiary of Ansell limited and a global head in protection solutions announced acquisition of Digit care Corporation, a foremost glove distributor to the U.S. Specialty Acute markets and Emergency Medical Services (EMS).
- Among region, North America is estimated to account for largest market share in the global cleanroom gloves market in 2022, owing to launch of nitrile gloves by American Nitriles. For instance, in September 2021, American Nitrile, a newly launched Columbus, Ohio-based company proposed manufacturing facility committed to producing nitrile gloves for the government, healthcare, and industrial use.
- Major players operating in the global cleanroom gloves market include Semperit AG Holding, Dia Rubber Co. Ltd., Asiatic Fiber Corporation, Woojin ACT Co. Ltd., Kimberly-Clark Corporation, Riverstone Holdings, Careplus Group Berhad, UG Healthcare Corporation, Nitritex Limited, Valutek, Jiujiang Haorui Industry & Trade Co. Ltd., Ansell Healthcare, Hartalega Holdings Berhad, Supermax Corporation Berhad, Kossan Rubber Industries Ltd., Rubberex Corporation Berhad, Top Glove Corporation Berhad, Adventa Berhad, Cardinal Health, Dynarex Corporation, Ramson Health Care pvt.Ltd., Airvent Human Solution, Cole-Parmer, Fiona Surgical & Scientific, Progressive Alliance, Shield Scientific.
