Global Nitrile Gloves Market Size to grow USD 15.6 Billion

New York, United States, Oct. 12, 2022 (GLOBE NEWSWIRE) — The Global Nitrile Gloves Market Size is expected to grow from USD 9.2 billion in 2021 to USD 15.6 billion by 2030, at a CAGR of 6.1% during the forecast period 2021-2030. according to a new research report published by Spherical Insights & Consulting. The Asia Pacific is expected to grow the fastest during the forecast period.

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The report identifies that a lack of raw materials constrained the nitrile gloves’ global production capacity, and the market for sterile nitrile gloves saw a large increase in demand. Nitrile-based gloves are frequently used to handle chemicals in laboratories and carry out surgical procedures because of their inherent qualities. Additionally, the market for nitrile gloves is benefiting from a growing switch by healthcare professionals from latex to nitrile gloves due to allergy issues with latex gloves. The COVID-19 epidemic boosted the market and exploded demand for nitrile gloves. Nitrile gloves were chosen as a compelling alternative due to the importance of these gloves in avoiding the transmission of infection and maintaining hygienic conditions during laboratory and medical procedures.

Increasing occurrences of allergies and side effects to fuel the demand for powder-free nitrile gloves

Powder-free nitrile gloves are anticipated to observe a growth of 7% during the forecast period. Healthcare institutions are switching from latex gloves to powder-free nitrile gloves because powder-free gloves are less form-fitting after being chlorinated or coated with acrylic, silicone, or hydrogels. Gloves without powder don’t leave behind any residue, thus the automotive industry can utilise them. Their growing preference across numerous industries might be credited with the increase. Additionally, during the projection period, the market for powder-free nitrile gloves is projected to benefit from…