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Surgical Latex And Nitrile Gloves

A surgical (surgeon’s) glove is made of natural or synthetic rubber intended to be worn by operating room personnel to protect a surgical wound from contamination. Surgical gloves have more precise sizing (numbered sizing, generally from size 5.5 to size 9), and are made to higher specifications. They are hand specific. Due to the increasing rate of latex allergy among health professionals as well as in the general population, there has been an increasing move to gloves made of non-latex materials such as vinyl or nitrile rubber. However, these gloves have not yet replaced latex gloves in surgical procedures, as gloves made of alternate materials generally do not fully match the fine control or greater sensitivity to touch available with latex surgical gloves. Nitrile gloves are a type of disposable gloves made from synthetic rubber, this means there is no risk of latex allergies. They are the most popular gloves type in our range and offer superior strength, dexterity and resistance to oils and aqueous chemicals in comparison to vinyl or latex. For these reasons, they are often used in the medical, laboratory and manufacturing industries. India disposable gloves market generated $303 million in 2017, and is projected to reach $760 million by 2025, growing at a CAGR of 12.4% from 2018 to 2025. In terms of volume, the market is growing at a CAGR of 8.3% from 2018 to 2025. The Indian market for medical gloves is still evolving. While the global market is growing at a compound annual growth rate (CAGR) of two per cent, the Indian market is at seven per cent growth. Every day there is a new hospital or nursing home popping up in India, so the demand for medical gloves is expected to increase. Medical tourism is also driving the growth of this product category in our country. The market size therefore only for surgical gloves in India is Rs 300 crore. In view of all this, there is a good scope to initiate small-scale rubber gloves manufacturing unit. The demand for rubber gloves is rapidly increasing on account of rapid industrialization and urbanization of our country currently taking place. Several workers in the chemical, electrical and food processing industries use rubber gloves. Similarly, the number of people using gloves for household purposes during handling of detergents, floor polishes, pesticides and the like is also increasing especially in the urban areas. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Wellness Forever Medicare Pvt. Ltd. T T K Biomed Ltd. Sara Healthcare Pvt. Ltd. Narang Medical Ltd. Mallcom (India) Ltd. London Rubber India Ltd. Honeywell International (India) Pvt. Ltd. Accent Industries Ltd
Plant capacity: Surgical Latex Gloves (4 gm ± 0.02 gm) each: 250,000 Pcs / Day Nitrile Gloves (Powder Free) (5.5 gm ± 0.02 gm) each: 250,000 Pcs / DayPlant & machinery: Rs 1357 lakhs
Working capital: -T.C.I: Cost of Project : Rs 3753 lakhs
Return: 31.00%Break even: 41.00%
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  • T.C.I is Total Capital Investment
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