Nitrile Gloves Market Trends and Forecast Till 2027

1. Nitrile Gloves Market Analysis, Statistics, Revenue, Demand and Trend Analysis Research Report by 2032

2. The global nitrile gloves market is anticipated to expand substantially through 2032 owing to the increasing healthcare expenses. In addition, the prevalence of COVID-19 is likely to boost the use of nitrile gloves. • The need for nitrile gloves is poised to increase due to the changing customer expectations, transforming patient demographics, and new market entrants in North America's developing healthcare sector. Nitrile gloves would also experience an increase due to the region's strict regulations surrounding health and safety standards when handling drugs and medicines. • Nitrile gloves industry behemoths are as well working on strengthening their reach in the marketplace. For instance, in March 2022, Supermax Corporation Berhad officially confirmed the development of a glove manufacturing factory in Texas, United States, through its subsidiary Maxter Healthcare Inc. The strategic plan is intended to strengthen the company's footprint in the manufacturing industry. • The nitrile gloves market has been divided in terms of type, grade, texture, end-use, and region. • Based on type, the powder-free segment is slated to grow significantly over the review timeline. Non-powdered gloves are skin-friendly and may be worn for longer durations since they are stronger and reduce the risk of allergies owing to the lack of powder. This feature of the product improves its use in mechanics as well as the food market.

3. With respect to grade, the food grade segment is poised to grow at over 6.5% CAGR from 2023 to 2032 owing to the nitrile gloves' durability and absence of impurities and additives. Moreover, food-grade nitrile gloves are thought to be safe for use with food and food packaging. • In terms of texture, the aggressively textured segment is set to witness sizable market expansion through the forthcoming years. Aggressively textured gloves feature an extreme level diamond raised texture that is used for holding nuts and bolts and provide greater grip and protection. These features increase its use across the automotive, construction, metal, and machinery industries, which is expected to accelerate market growth. • Under end-use, the oil & gas segment share is estimated to proliferate steadily by the end of the research timeline. The oil and gas industry involves serious risk of injuries including refining, drilling, construction, transportation, and others. This has led to an increased awareness about hand safety of workers, thus impelling the market demand. • From the regional perspective, the Latin America nitrile gloves market is estimated to grow at nearly 6.5% CAGR from 2023 to 2032 fueled by the surging industrial focus toward employee health and safety. Additionally, the region is seeing an increase in health and hygiene awareness, which could encourage the business growth.

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