Global Consumer Market for Nitrile Gloves is envisioned to Reach 66.8 Billion Dollars by the Year 2027.
There has been a lot of dilemma revolving around which gloves are effective and the ones which are suitable to use for medical, food, and cleaning purposes. Also known as, ‘Acrylonitrile-Butadiene rubber’, disposable nitrile gloves are made of synthetic rubber compound, ‘Nitrile’. Primarily since the 1990s, these gloves were promoted for medical professionals especially dentists because of high abstinence to puncture. However, in recent times, nitrile gloves have been gaining popularity due to its high resistance to puncture, oils, and aqueous chemicals relative to any other glove material. The following table highlights the efficiency of nitrile gloves in relevance to specific parameters over other glove materials as illustrated below:
As evident, disposable nitrile gloves are increasingly preferred and popular alternative over other glove types. The benefits of Nitrile gloves are highlighted below:
- Nitrile gloves have high resistance to puncture: Nitrile by default is puncture resistant and 3 to 5 times stronger than other disposable gloves. They are highly durable and one can opt for powder-free nitrile gloves to avoid the messiness.
- Nitrile gloves have hypo-allergenic properties: As latex can cause allergic reactions, many people have switched on to nitrile gloves. These gloves not only offer protection to the wearer from contracting allergies, but also to other patients/clients coming in contact with the gloves. Exam grade nitrile gloves are not only strong and durable but can withstand any medical hazards.
- Nitrile gloves have superior chemical resistance: Being synthetic rubber, nitrile gloves have a strong resistance to acidic elements, chemicals, and oil in comparison to natural gloves such as latex. Thus, making nitrile gloves a safe option virtually in any industrial sector, including automotive jobs.
- Nitrile gloves have adequate fit: When pair of gloves fit adequately, it considerably increases comfort and convenience in working. Nitrile as a material conveniently fits and conforms to the hand and body by warming through. Even the thicker nitrile gloves exhibit the same properties.
- Nitrile gloves have less abstinence to friction: As nitrile gloves do not cause friction, donning and doffing these gloves is easier. Thus, providing increased tactility, particularly because of micro-roughened digits. The glove texture either lessens the surface friction or enhances the grip.
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Global Market Trends of Nitrile Gloves
The global market of nitrile gloves accounted for 3.12 billion dollars in the year 2019 and is estimated to grow at a CAGR (compounded annual growth rate) of 14.4 percent between the years 2020-2027. Increasing awareness regarding the benefits of latex allergies is estimated to increase the nitrile market over the forecasted tenure. As nitrile gloves are latex-free, it facilitates their use among people with allergies to latex. Thus, the market size is expected to climb 8.98 billion dollars by the year 2027.
In relevance to product type, the global market for nitrile gloves is differentiated as ‘powdered’ and ‘powder-free’. The market for powder-free nitrile gloves is estimated to grow at a higher CAGR during the forecasted tenure considering the increasing health concerns about the use of powdered gloves. In specific to an industry, the nitrile market is classified as oil & gas, food-processing, chemical, construction, medical/healthcare and others. Medical & Healthcare has been dominating the nitrile glove market across the globe and is anticipated to exercise market monopoly until the end of forecasted tenure.
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Geographically, the nitrile market is categorized as South America, North America, Africa, Middle East, and Europe & Asia Pacific. The global revenue for powder-free nitrile gloves contributed to 71.3%. In the year 2019, with the medical & healthcare sector contributing to 69.4% of the total revenue. The demand for powder-free nitrile gloves erupt from the increasing cases of allergic reactions in individuals. Considering the Covid-19 pandemic, the global consumer market for nitrile gloves is envisioned to reach 66.8 billion dollars by the year 2027. The key brand players in the global nitrile gloves market are Hartalega Holdings Berhad, Unigloves, Supermax Corporation Berhad, Ansell, BM Polyco, Barber Heathcare, Robinson Healthcare, Paul Hartmann, HPC Healthline, Davis Schottlaner & Davis, Fannin, and Shermond.
Indian Market for Nitrile Gloves
As per reports, the Asia Pacifica market for nitrile gloves would experience a growth rate of 6.5%. The reasons for the market surge are attributable to the growing healthcare and food sector in leading nations of India, China, and South Korea. In the year 2017, the disposable gloves market generated 303 million dollars. As per forecasts, the disposable gloves market would grow at a CAGR of 17.4 percent from 2018 – 2025 to reach 760 million dollars. Because the Indian medical & healthcare sector is experiencing substantial growth due to health awareness among the Indian population. Thus, there has been a rising demand for developing disposable gloves across the nation.
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India is foreseen to be one of the fastest-growing disposable markets for gloves in Asia in the nearing future. As illustrated in the given figure below based on the product type, the market is classified as gloves made from natural rubber, nitrile, vinyl, neoprene, polyethylene and others. And considering the segment type, they are segregated as powdered and non-powdered. The non-powdered ones are less clumsy and reduce the risk of any chemical interactions during surgeries and evaluation processes.
The natural rubber gloves leading the market, followed by Nitrile and other glove materials. Thus, the nitrile gloves market offers a viable business option to invest into. Some of the vital brand names in the Indian market for nitrile gloves are Primus, Kleenguard, Nirjhar, Curad nitrile gloves, Raven nitrile gloves, and Medline venom steel nitrile gloves.
NPCS is one of the trusted brands in the industrial domain providing holistic technical consultations. Having analysed the market of ‘Nitrile gloves (powder-free)’ for business ventures and start-ups, it is deemed to grow in the coming future and would be a beneficial venture!
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