The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s nitrile gloves market report forecasts the nitrile gloves market size to grow to $21.73 Billion by 2027, with a CAGR (compound annual growth rate) of more than 9%.

Learn More On The Nitrile Gloves Market Report 2023 – https://www.thebusinessresearchcompany.com/report/nitrile-gloves-global-market-report

Nitrile Gloves Market Size Forecast
The global nitrile gloves market is expected to grow from $13.85 billion in 2022 to $15.18 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The nitrile gloves market size is expected to grow to $21.73 billion in 2027 at a CAGR of 9.4%.

North America held the largest nitrile gloves market share.

Key Nitrile Gloves Market Driver ­– Rise In The Healthcare Expenditure
For instance, in 2020, according to American Medical Association, a US-based organization for physicians, said that health spending in the U.S. increased by 9.7% 2020 to $4.1 trillion. Therefore, the rising healthcare expenditure is driving the nitrile gloves market.

Request for A Sample Of The Global Nitrile Gloves Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8475&type=smp

Key Nitrile Gloves Market Trend – Product Innovations
Major companies operating in the nitrile gloves market are focused on developing new technological solutions to strengthen their position. For instance, in March 2022, Kimtech, a Georgia-based provider of contamination control solutions and safety products for industries launched a new prizm multi-layered neoprene nitrile gloves. The gloves are crafted to protect from a wide range of chemicals and they offer ultra fingertip grip even when wet. The wearer can visually identify mechanical breaches as it comes in the dark violet and dark magenta design and they also reduce the risk of an allergic reaction, as they are made with an accelerator-free donning layer.

Nitrile Gloves Market Segment
1) By Type: Powder-Free Nitrile Gloves, Powder-Coated Nitrile Gloves
2) By Texture: Smooth, Micro Roughened, Aggressively Textured
3) By Grade: Medical Grade, Industrial Grade, Food Grade
4) By End-Use: Healthcare, Food And Beverage, Automotive, Construction, Oil And Gas, Pharmaceutical, Chemical, Metal And Machinery, Cleanrooms, Other End Uses

Nitrile Gloves Market Major Players and Strategies
Major players in the nitrile gloves market are Top Glove Corporation Berhad, Ansell Limited, Hartalega Holdings Berhad, Adenna LLC, Unigloves Limited, Kossan Rubber Industries Berhad, MCR Safety, Ammex Corporation, Dynarex Corporation, Rubberex Corporation (M) Berhad, YTY Group, Superior Gloves and Supermax Corporation Berhad.

In August 2020, Bunzl Healthcare, a British-based provider of a range of healthcare products and solutions acquired MCR Safety for an undisclosed amount. Through this acquisition, combined resources will enable Bunzl to develop high quality and established portfolio which will expand and strengthen its safety operations and solutions in the US. MCR Safety is a US-based protection and safety equipment company.

The Nitrile Gloves Global Market Report 2023 covers regional data on nitrile gloves market size, nitrile gloves market trends and drivers, opportunities, strategies, and nitrile gloves market competitor analysis. The countries covered in the nitrile gloves market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Nitrile gloves refer to synthetic rubber that is formed with acrylonitrile and butadiene molecules combined and it is commonly used as a material for the disposable glove. These gloves are mainly used to handle chemicals in laboratories.

View More Reports Related To The Nitrile Gloves Market –
Industrial Gloves Global Market Report 2023
Rubber Gloves Global Market Report 2023
Disposable Hospital Supplies Global Market Report 2023

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: