Disposable Nitrile Gloves Market Growth Prediction, Market Trends, Upcoming Trends and Opportunity Assessment 2027 from priya Raut's blog

Market Highlights
The global Disposable Nitrile Gloves Market is expected to register a CAGR of 14.11% during the forecast period and hit USD 5,294.71 million by 2027.

Nitrile rubber is more resistant to oils, chemicals, and acids than natural rubber and has greater strength. Gloves made from latex are less puncture-resistant as compared to nitrile gloves. Similarly, gloves made from vinyl are less chemical resistant as compared to nitrile gloves. Nitrile is now the choice material for manufacturing disposable mechanics gloves and other industrial-grade gloves that are used in risky work environments where all kinds of sharp objects are in use.

The global disposable nitrile gloves market is growing steadily. Factors that influence the disposable nitrile gloves market are increasing preference for use at workplaces across several industries and growing awareness on prevention of healthcare-associated infection (HAI).

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Segment Analysis

The global disposable nitrile gloves market has been divided based on type and application.

Based on type, the market isbifurcated into powder-freeand powdered. The powder-free segment dominated the market in 2020 and is projected to be a faster-growing segment during the forecast period.This is attributed to thehigh strength and durability powder-free disposable nitrile gloves, making them useful for manufacturing industries where workers may encounter materials made of glass and metal.

Based on application,the global disposable nitrile gloves market is segmented into medical and non-medical. The medical segment dominated the market in 2020 and is projected to record a faster growth rate during the forecast period.The disposable nitrile gloves are used in healthcare facilities primarily for examining patients and are worn by healthcare workers and sometimes patients as well.

Regional Analysis

Based on region, the market is studied acrossthe Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas accounted for the largest market share in 2020 and is anticipated to dominate the global disposable nitrile gloves market during the forecast period. However, Asia-Pacific is projected to register the highest CAGR during the forecast period.

The Americas is expected to dominate with the largest market share due to a well-developed healthcare sector, high imports of disposable nitrile gloves, and the increasing number of healthcare-related infections over the past decade. In the region, modern healthcare employs various types of invasive procedures and devices to treat patients and facilitate their recovery process. Healthcare-related infections in the region are commonly associated with devices such as catheters, ventilators, and surgical operations. The market in the Americas has been divided into North America and Latin America.The market in North America has been divided further into the US and Canada. The US accounts for the largest market share in the North American disposable nitrile gloves market. In the US, the Centers for Disease Control and Prevention (CDC) has been working to monitor and prevent such hospital-related infections, as they pose serious health concerns.The availability of government regulations regarding imports of essential goods and a large volume of imports are the drivers for the disposable nitrile gloves market in the region.For instance, an increase of 35.7% was observed in the import of medical gloves in Canada in May 2020 compared to April 2020. A considerable portion of demand for disposable nitrile gloves is expected to come from new industries that are emphasizing implementing policies for wearing disposable gloves for grocery clerks and e-commerce packing & delivery staff.

Europe is the second-largest market for disposable nitrile gloves. The growing demand for disposable nitrile gloves in Europeis attributed to the increasing utility of disposable nitrile gloves across major industries, including healthcare, pesticide, petrochemical & auto motive, government initiatives towards promoting safer work conditions, and more eco-friendly nitrile gloves. The increasing prevalence of healthcare-associated infections in European countries is also one of the major factors responsible for the rising demand for disposable nitrile gloves in the region. According to the European Centre for Disease Prevention and Control, the average prevalence of hospital-acquired infections is estimated to be 7.1% in European countries.

Asia-Pacific is the fastest-growing market for disposable nitrile gloves. The growth can be primarily ascribed to the presence of major manufacturers of the disposable nitrile gloves industry in the region, such as VRG Khai Hoan JSC (Vietnam), Top Glove (Malaysia), Hartalega Holdings Berhad (Malaysia), Kossan Rubber Industries Ltd. (Malaysia), Sri Trang Gloves (Thailand), and Supermax Corporation Berhad (Malaysia). Malaysia, Vietnam, and Thailand are the key manufacturers of disposable nitrile gloves. In addition, the exports of disposable nitrile gloves to major markets across the world make Asia-Pacific the fastest growing regional market in the world. About 70 billion gloves manufactured in the region are imported annually by the US alone. Moreover, the easy accessibility to raw materials and cheap labor make the conditions favorable for the growth of the disposable nitrile gloves industry in the region.

Countries in the Middle East and Africa, such as Algeria, Egypt, and Iraq, have made substantial improvements in developing their health care systems.Factors such as improvement in healthcare infrastructure in low-income countries of the region and high risk of infectious diseases are creating demand for nitrile gloves. Moreover, increasing awareness of hospital-associated infections and promoting the safe use of examination gloves are expected to drive the demand for disposable nitrile gloves in the region.

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Key Findings of the Study

• The Americas accounted for the largest share of the global disposable nitrile gloves market. It is expected to reach USD 2,096.18 million by 2027.
• Based on type, the powder-free segment accounted for a larger market share of 67.39% in 2020.
• On the basis of application, the medical segment is expected to register a higher CAGR of 14.74% during the forecast period.
• By region, Asia-Pacific is expected to register a significant CAGR during the forecast period. China is anticipated to witness a CAGR of 18.32% to reach USD 335.38 million by 2027.
• Ansell (US), Medline Industries (US), Paul Hartmann (Germany),Polyco Healthline (UK),andAurelia Gloves(UK) are the key market players.
  

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