PUBLISHER: Polaris Market Research | PRODUCT CODE: 1507201
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1507201
The global nitrile gloves market size is expected to reach USD 12,796.28 Million by 2032, according to a new study by Polaris Market Research. The report "Nitrile Gloves Market Share, Size, Trends, Industry Analysis Report, By Type (Powdered, Powder-Free); By Product; By End-Use; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing demand for nitrile gloves is being driven by several key factors, including heightened workplace safety concerns, growing awareness of healthcare-related infections, and the expansion of healthcare infrastructure in developing nations. The COVID-19 pandemic has significantly contributed to the surge in demand for nitrile gloves, particularly due to their extensive use in healthcare and pharmaceutical sectors during such outbreaks. Anticipated constraints in the supply of nitrile gloves are expected to widen the global demand-supply gap, primarily due to factors such as limited manufacturing capacity, lengthy setup times for new production facilities, and constraints related to workforce availability.
The manufacturers are incorporating advanced technologies to produce and deliver the product to different end-use industries. These manufacturers either utilize licensed technology from other market players or have their proprietary technology. The rising demand for nitrile gloves has led to an expansion of production capacities by key manufacturers. Companies are investing in new manufacturing facilities, acquiring existing glove manufacturers, and implementing strategies to ramp up production to meet the growing market demand.
The demand for nitrile gloves has rapidly increased across various industries, leading to a surge in production and distribution. Nitrile gloves, known for their superior strength, durability, and chemical resistance, have become essential to personal protective equipment (PPE) in healthcare, manufacturing, automotive, food processing, and more sectors. Several driving factors contribute to these industries' rising demand for nitrile gloves. The healthcare sector is a major driving force behind the increased demand for nitrile gloves. In hospitals, clinics, and other healthcare settings, using disposable gloves is critical for maintaining hygiene and preventing the spread of infections. Nitrile gloves offer more protection than other glove materials, making them an ideal choice for healthcare professionals. With the growing focus on infection control and safety protocols, the demand for nitrile gloves has soared, prompting manufacturers to ramp up their production to meet the needs of the healthcare industry.
In 2023, the powder-free segment has become the leading category in the global market for gloves. Powder-free gloves are typically preferred because they are treated with a chlorine solution, rinsed with water, and dried to eliminate any powdered residue.
The disposable gloves market is anticipated to experience significant growth in the coming years. Disposable gloves are designed for single use and are meant to be discarded after use. They are commonly made from materials such as latex, nitrile, or vinyl and are used in a wide range of applications to maintain cleanliness and prevent cross-contamination.
The North American market has seen significant revenue share growth in the global nitrile gloves market. This rise is attributed to the increasing preference for nitrile gloves over latex gloves, primarily due to their superior properties, including chemical resistance, allergen sensitivity, and puncture resistance.
The global key market players include AMMEX, ANSELL LTD, Atlantic Safety Products, Cardinal Health, Globus Group, Hartalega Holdings Berhad, Hospeco Brands Group, Kossan Rubber Industries Bhd, MAPA Professional, Thermo Fisher Scientific Inc, etc.
Polaris Market Research has segmented the nitrile gloves market report based on type, product, end-use, and region: