According to the research report titled ‘Global Nitrile Gloves Market Size by Type (Powdered, Powder-Free), by Grade (Medical, Industrial, Food), by Texture (Smooth, Micro-Roughened, Aggressively Textured), by End-Use (Medical & Healthcare, Food & Beverage, Automotive, Oil & Gas, Construction, Chemical, Pharmaceutical, Metals & Machinery), Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global nitrile gloves market is slated to expand at a substantial CAGR over the forecast period 2021-2027.
 

Increasing prevalence of infectious illnesses, and escalating product demand in industrial & healthcare settings are fostering global nitrile gloves market growth.

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Notably, the World Health Organization stressed on the need for PPEs after the COVID-19 outbreak in 2020. It primarily emphasized on the importance of using disposable gloves for medical professionals and personnel involved in providing direct care to infected patients, which has in turn boosted the product demand.

Furthermore, these gloves prevent users from contracting infections, while protecting against cross-contamination and blood-borne pathogens. They are also puncture-resistant, which makes them an ideal option for healthcare and surgical settings. All these factors are further stimulating the market remuneration scope for the upcoming years.

Based on product type segmentation of worldwide nitrile gloves industry, powdered segment is estimated to generate revenues worth USD 2,835 million by the end of 2027, on the back of high product demand from medical & healthcare sectors.

In terms of end-user scope, oil & gas segment is anticipated to be valued at USD 340 million by the end of the stipulated timeframe. This can be credited to favorable product characteristics such as superior resistance to aqueous chemicals and oils as compared to latex and vinyl.

On the regional front, Latin America market is slated to grow at a CAGR of 12.4% over 2021-2027, driven by increasing emphasis on ensuring workers' health and safety. Meanwhile, MEA market is slated to see a 10.9% CAGR over 2021-2027, owing to the booming oil & gas sector in the region.

Key players operating in global nitrile gloves industry sphere are MAPA SAS, Atlantic Safety Products, Globus (Shetland) Ltd., Medline Industries Inc., Supermax Corporation Berhad, MCR Safety, Kossan Rubber Industries Bhd, Adenna LLC, Unigloves (UK) Limited, Hartalega Holdings Berhad, Top Glove Corp. Berhad, and Ansell Ltd. among others.