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Nitrile Gloves Market Size
Nitrile Gloves Market was valued at around USD 28.7 billion in 2023 and is anticipated to register a CAGR of over 8.4% between 2024 and 2032, driven by their high resistance to alkalis, acids, and chemical solvents. Additionally, the expanding chemical industry worldwide is contributing to this growth. Stricter health and safety regulations in pharmaceutical and medical handling in many countries are also supporting the industry's expansion.
Technological advancements in glove manufacturing, such as creating thinner and more durable gloves with better tactile sensitivity, have also driven market growth. The expanding healthcare infrastructure in emerging economies and strict safety and hygiene regulations in developed regions have further boosted the demand for nitrile gloves. As a result, manufacturers are increasing production capacities and investing in new solutions to meet consumer needs and stay competitive in the growing market.
Nitrile Gloves Market Report Attributes
Report Attribute |
Details |
Base Year: | 2023 |
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Nitrile Gloves Market Size in 2023: | USD 28.7 Billion |
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Forecast Period: | 2024 – 2032 |
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Forecast Period 2024 – 2032 CAGR: | 8.4% |
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2024 – 2032 Value Projection: | USD 60.2 Billion |
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Historical Data for: | 2021-2023 |
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No. of Pages: | 160 |
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Tables, Charts & Figures: | 250 |
Segments covered: | Type, Grade, Texture, End Use |
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Growth Drivers: | - North America: Rising healthcare expenditure
- Asia Pacific: Substantial growth of the chemicals industry
- Europe: Increased demand for personal protective equipment (PPE) due to heightened awareness of health and safety
- Possibility of allergies owing to additive chemicals
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Pitfalls & Challenges: | - Fluctuating costs of raw materials such as nitrile butadiene rubber impact production costs
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Glove manufacturers utilize accelerators in the vulcanization process of nitrile gloves. Allergies to nitrile gloves often stem from the accelerators' chemical components. These chemical allergies can manifest as skin rashes, hives, and itching. Such reactions not only limit product adoption but also hinder industry growth. To counter this, industry participants are actively developing accelerator-free alternatives, a move expected to bolster the sector's resilience against this challenge.