Nitrile Gloves Market Growth Opportunities and Recent Trends by Application
The global nitrile gloves market research report provides insights on industry scope, key players, growth driving factors, key application, and regional estimates. It offers numerous opportunities for market players to invest in research and development. This syndicated research report also provides insights on market size, revenue drivers, supply chain analysis, and data-driven answers to many industry-level questions.
Market Overview:
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.
Key Players:
• Cardinal Health
• Top Glove Corporation Bhd
• Hartalega Holdings Berhad
• Supermax Corporation Berhad
• DPL
• Longcane Industries Sdn. Bhd.
• Kossan Rubber Industries Bhd
• Honeywell International Inc.
• Towa Corporation
• MCR Safety, Riverstone Holdings Limited
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Growth Drivers:
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.
Market Segment:
Key Region:
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Regional Insights:
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.
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