May 11, 2021
According to the business intelligence report titled ‘Global Nitrile Gloves Market - Analysis By Outlook Type (Powdered, Powder-Free), Grade (Medical, Industrial), End Users, By Region, By Country (2021 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2021-2026)’, available with Market Study Report, global nitrile gloves market was assessed at USD 5069.82 million in 2020 and is projected to grow substantially between 2021-2026.
Surging geriatric population, rising healthcare awareness, better hygiene standards, and strict medical regulations in emerging and developed economies are key factors boosting global nitrile gloves market growth.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/3542230/
The report cites that the covid-19 pandemic has increased demand for nitrite gloves due to which producers are focusing on research & development to accelerate production. These companies are developing artificial intelligence systems which will visually screen gloves while using Big Data analytics to make a feedback loop, thus enhancing the quality of products.
Worldwide nitrile gloves market sphere is analyzed at a granular level by segmenting it on the basis of region, product gamut, and application scope. Industry share and growth rate projections of each segment over the analysis period are provided in the document.
Based on type, global nitrile gloves market is bifurcated into powder-free, and powdered. Among these, powder free gloves segment is projected to capture majority of the market share in the upcoming years, due to increasing application across various sectors.
Speaking of grade, the industry is segregated into industrial grade, and medical grade. Industrial grade nitrile gloves are gaining significant traction in the recent years.
Moving on to application scope, worldwide nitrile gloves industry is segmented into in automotive, healthcare, food processing, construction, chemicals, oil & gas, and others.
Regionally speaking, North America is anticipated to lead global nitrile gloves industry forecast through 2026, with Canada being the major revenue generator.
Key players influencing the industry dynamics are Top Glove Corporation Berhad, Ansell Ltd., AMMEX Corporation, Comfort Gloves Berhad, Dynarex Corporation, Owens & Minor Inc., Hartalega Holdings Berhad, Synthomer plc, AMD Medicom Inc., and Supermax Corporation Berhad.
With information about the latest mergers & acquisitions, investments, alliances, and product launches, the report dissects the financials of these players and estimate their stake in the global market scenario.