Global nitrile gloves market is anticipated to grow considerably in the forecast period owing to the increase in number of pandemics and viral diseases. Nitrile gloves, also known as medical grade are the synthetic rubber or latex gloves that are commonly used in the medical field. They provide protection against punctures, cuts, and other chemicals and eliminate the risk of allergic reactions. Before application in medical industry, these gloves undergo several examinations conducted by (FDA) Food and Drug Administration for durability check.
Nitrile gloves market is driven by high demand for medical disposable gloves, improving healthcare infrastructure in developing economies, and increasing investment by market players to manufacture gloves according to industry requirement. Additionally, strict policies concerning the use of gloves in various end-use industries for labour safety and hygiene maintenance is also driving the market growth. However, fluctuations in raw material prices is hampering the growth of nitrile gloves market.
Affordable prices of nitrile gloves, aggressive expansion strategies, and rise in number of industry alliances are few trends witnessed in the market. Likewise, inclination towards to nitrile gloves from natural rubber gloves is another trend in the market.
Nitrile gloves market is categorized on the basis of type, texture, application, end user, and geography. On the basis of type, market is divided into powder free and powdered. Powder free nitrile gloves segment is expected to hold significant share of the market due to less chances of reaction as compared to the powdered nitrile gloves.
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Based on texture, market is divided into micro-roughened, smooth, and aggressively textured. All of the textured gloves are extensively used in industries depending on their requirement. Precisely, micro-roughened textured nitrile gloves are popular since they offer additional grip for medical applications. In terms of application, market is divided into industrial, medical, and others. Industrial application segment is expected to lead the market due to high demand from various industries.
On the basis of end user, market is divided into healthcare, automotive, construction, oil & gas, chemical, food processing, and others. Oil & gas, automotive and construction industry are expected to hold larger share of the market.
Geographically, the market is segmented as North America, South America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to dominate the market owing to developing end use industries in the region. Further, North America and Europe are also expected to lead the market in the forecast period.
The leading players in nitrile gloves market are Cardinal Health, Top Glove Corporation Bhd, Hartalega Holdings Berhad, Supermax Corporation Berhad, DPL, Longcane Industries Sdn. Bhd., Kossan Rubber Industries Bhd, Latexx Partners Berhad, Honeywell International Inc., Towa Corporation, MCR Safety, Riverstone Holdings Limited, and RUBBEREX.
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