There were 1,638 press releases posted in the last 24 hours and 399,222 in the last 365 days.

Ever-rising Demand for Medical-Grade Disposable Gloves Main Driver for Nitrile Gloves Market Growth: Fact.MR Study

One Of The Main Reasons Nitrile Gloves Have Become More Popular In The Medical And Healthcare Fields Is The COVID-19 Outbreak. Furthermore, Demand Is Also Increasing Rapidly From Food Service, Retail, Workplace, School, and Outdoor Industries

Seoul, South Korea, Aug. 23, 2022 (GLOBE NEWSWIRE) -- The global nitrile gloves market is currently valued at around US$ 41 billion and is anticipated to expand at a stupendous CAGR of 23% through 2026, reveals Fact.MR analyst, a market research and competitive intelligence provider.

Around the world, the number of surgical procedures keeps going up. The use of allergy-free and sterile nitrile gloves in surgical procedures for different health issues is anticipated to increase. Leading manufacturers of nitrile gloves are concentrating on clinical research and cutting-edge new product launches to facilitate successful surgeries for trauma and other conditions.

For Critical Insights on Nitrile Gloves Market, Request a Sample Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=7626

The need for surgical gloves has increased dramatically over the past ten years as a result of periodic disease outbreaks such as Ebola, Zika, and the current debilitating COVID-19 pandemic. Medical nitrile gloves are crucial to the healthcare system because they safeguard both patients and caregivers. Some of the main growth factors for the market include rising need for surgeries, improved healthcare systems, and the growing need for sterile nitrile gloves.

Since nitrile gloves are a generic medical product, the market for them is extremely cutthroat. The combination of simple manufacturing processes, low entry barriers, and cheap access to raw materials is predicted to fuel fierce competition. To achieve large sales volumes and profits, businesses are anticipated to compete mainly on pricing.

Which Latest Trends & Innovations in Nitrile Gloves are Influencing Market Growth?

“Nitrile Coated Gloves - An Emerging Choice in Industrial Gloves Market”

Due to rising concerns about latex allergies and increased awareness about the advantages of gloves in the healthcare sector, the market for nitrile gloves is anticipated to expand rapidly on a global level. The synthetic material used to make nitrile gloves provides the gloves with strength, flexibility, and durability.

These also contain no latex, which encourages users who are allergic to latex to use them. Increasing powder-free nitrile glove use across a variety of industries, including the metal & machinery, chemicals, and oil & gas sectors, is anticipated to fuel market expansion over the coming years.

Nitrile gloves have a good grip and are cut- and abrasion-resistant, as well as resistant to chemical deterioration. These characteristics of nitrile gloves are boosting their demand in a variety of global businesses.

To learn more about Nitrile Gloves Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=7626

Key Segments Covered in the Nitrile Gloves Industry Survey

  • By Type :

    • Powder-free Nitrile Gloves
    • Powdered Nitrile Gloves
  • By Product :

    • Disposable Nitrile Gloves
    • Durable Nitrile Gloves
  • By End Use :

    • Medical & Healthcare
    • Automotive
    • Oil & Gas
    • Food & Beverages
    • Metal & Machinery
    • Chemicals & Petrochemicals
    • Pharmaceuticals
    • Cleanrooms
    • Others

  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

Winning Strategy

Leading companies are focused on two key strategies to expand their product portfolios in the nitrile glove market: product development and new material use. It is expected that the use of special techniques to acquire raw latex devoid of allergies and the introduction of an anti-microbial substance in nitrile gloves will provide value-added gains in clinical uses.

  • As the demand for hand protection has increased as a result of the COVID-19 pandemic, Hartalega Holdings Berhad stated in March 2020 that it had purchased land to expand its glove production facility in Sepang, Malaysia.

Get Customization on Nitrile Gloves Market Report for Specific Research Solutions
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7676

Key players in the Nitrile Gloves Market

  • Ansell Ltd
  • Top Glove Corporation Bhd
  • Hartalega Holdings Berhad
  • Unigloves (UK) Limited
  • Adenna LLC
  • Kossan Rubber Industries Bhd
  • Superior Gloves
  • MCR Safety

Key Takeaways from Nitrile Gloves Market Study

  • Nitrile disposable gloves should only be used once and thrown away. Disposable nitrile gloves have a number of benefits, including cost-effectiveness and safety assurance. Over the coming years, these factors are anticipated to fuel product demand.
  • Healthcare institutions now use powder-free nitrile gloves instead of latex ones because powder-free gloves are less form-fitting after being coated with acrylic, silicone, hydrogels or chlorinated. Since powder-free gloves don't leave any residue, they can be used in the automobile sector as well.
  • Worldwide sales of nitrile gloves are expected to increase rapidly at a CAGR of 23% from 2022 to 2026.
  • The U.S. market for nitrile gloves is valued at around US$ 13 billion in 2022.
  • The global market for nitrile gloves is predicted to bloat to US$ 94 billion by the end of 2026.

Explore Fact.MR's Coverage on the Consumer Goods Domain-

Skin Grooming Market- The global skin grooming market is estimated at USD 207.6 Billion in 2022 and is forecast to surpass USD 352.9 Billion by 2032, growing at a CAGR of 5.4% from 2022 to 2032.

Pet Insurance Market- The global market for pet insurance was valued at US$ 8.5 Bn in 2021, and is expected to increase at a steady CAGR rate of 16.5% during the forecast period. As per this growth rate, this industry can be projected to reach a market size of worth US$ 45.6 Bn by 2032.

Perfume Market- Global sales of perfumes are estimated to reach US$ 40.4 Bn in 2022, and the market is forecasted to surpass a valuation of US$ 69.7 Bn by 2032, expanding at a CAGR of 5.6% from 2022 to 2032.

Sun Screen Market- The global sun screen market is estimated at USD 14.4 Billion in 2022 and is forecast to surpass USD 25.2 Billion by 2032, growing at a CAGR of 5.7% from 2022 to 2032.

Wearable Gaming Accessories Market- The global wearable gaming accessories market is estimated at USD 3.4 Billion in 2022 and is forecast to reach USD 14.9 Billion by 2032, growing at a CAGR of 15.7% during 2022-2032.

Dry Type Dust Control Systems Market- The global dry type dust control system market is estimated at USD 283 Million in 2022 and is forecast to surpass USD 478 Million by 2032, growing at a CAGR of 5.4% from 2022 to 2032.

Vacuum Dust Filters Market- The global vacuum dust filter market is estimated at USD 26 Million in 2022 and is forecast to surpass USD 43 Million by 2032, growing at a CAGR of 5.9 % from 2022 to 2032.

Baby Bottles Market- The global baby bottles market is estimated at USD 3.3 Billion in 2022 and is forecast to surpass USD 5.2 Billion by 2032, growing at a CAGR of 4.7% from 2022 to 2032.

Organic Mattress Market- Organic mattress market analysis shows that global demand enjoyed year-on-year (YoY) growth of 9.2% in 2021 to reach 1.9 Mn units. Worldwide sales of organic mattresses are expected to increase at a CAGR of 8.2% and reach a market valuation of US$ 13.87 Bn by the end of 2032.

Gaming Hardware Market- Sales of gaming hardware reached US$ 34.2 Billion in 2021, and are forecast to register a Y-o-Y increase of 6.1% in 2022 to be valued at US$ 36.3 Billion. Across the 2022-2032 assessment period, the gaming hardware market is projected to expand at a 4.6% CAGR to reach US$ 56.8 Billion.

About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
Mahendra Singh
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
Email: sales@factmr.com
Tel: +1 (628) 251-1583
Follow Us: LinkedIn | Twitter


Primary Logo

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.