Manufacturing Opportunities in Disposable Nitrile Gloves. The Most Profitable Industry to Launch Startups.

Nitrile gloves are a type of disposable gloves made from synthetic rubber, this means there is no risk of latex allergies. They are the most popular gloves type in our range and offer superior strength, dexterity and resistance to oils and aqueous chemicals in comparison to vinyl or latex. For these reasons, they are often used in the medical, laboratory and manufacturing industries.

Nitrile gloves are a great compromise between latex and vinyl. Our Blue Nitrile gloves offer protection from bodily fluids providing a barrier that prevents infection, cross-infection or cross-contamination. Tests revealed that Nitrile gloves are three times more puncture-resistant than rubber gloves.

Disposable gloves market is segmented based on the type available. They are latex gloves, vinyl gloves, nitrile gloves, chloroprene, synthetic gloves, polyvinyl chloride gloves, and neoprene gloves. There are available in different forms like powdered and non-powdered. Non-powdered gloves have more demand than powdered gloves.

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Advantages

1)       Price: Thin nitrile examination gloves can compete directly in price with latex examination gloves, yet offer significant other benefits.

2)       Comfort: Nitrile softens rapidly on the skin to provide the most comfortable experience, even when the glove is used for extended periods.

3)       Tactility: Close fitting nitrile provides enhanced tactility, especially with micro roughened fingertips.

4)       Chemical Resistance: Nitrile is inherently more chemical resistant than latex.

Application

Medical

Examination

Surgical

Non-Medical

Food Service

Clean Room

Industrial

Market Outlook

The global disposable gloves market size was estimated at USD 6.71 billion in 2019 and is expected to expand at a compounded annual growth rate (CAGR) of 11.2% from 2020 to 2027. Growing product demand in medical and healthcare, pharmaceutical, automotive finishing, chemical, and oil and gas industries has been a major factor driving market growth.

Disposable gloves are very thin, which are generally produced from latex, nitrile, or vinyl. Occasionally, these are powdered. The powder is usually made from cornstarch, which helps in easy donning, improving grip, and reducing moisture and sweat inside of the glove. However, when worn for a long duration, the product may lead to sensitivities or allergies.

Non-powdered gloves are anticipated to dominate the market over the forecast period owing to increasing preference for non-powdered gloves across numerous industries, including medical, chemical, and food processing, among others. Furthermore, stringent regulations on powdered gloves by many governments across the globe are anticipated to have a positive impact on the non-powdered gloves market.

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The disposable medical gloves market in Europe is primarily driven by an increase in the global occurrence of pandemics. For example, pandemic diseases like the swine flu outbreak in 2009 and the current COVID-19 pandemic have proliferated the disposable medical gloves market.

Indian glove market is growing at 15% while the demand for examination gloves has been rising by 20%per annum. St Mary’s is the largest supplier of centrifugal latex under the brand Cenex, a crucial raw material for manufacturing rubber dipped goods like gloves, balloons, condoms and rubber bands

Indian glove market is growing at 15 per cent while the demand for examination gloves has been rising by 20 per cent per annum. St Mary’s is the largest supplier of centrifugal latex under the brand Cenex, a crucial raw material for manufacturing rubber dipped goods like gloves, balloons, condoms and rubber bands.

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Rise in Demand for Nitrile Gloves to Act as a Growth Opportunity for the Market

Nitrile gloves are manufactured from synthetic rubber. Nitrile gloves are expected to provide lucrative opportunities to market players in the global disposable gloves market due to their properties such as low allergy; high flexibility; tear resistance; and high resistance to oil, fuel, and other chemicals. A ban on powdered latex gloves has prompted glove manufacturers to ramp up their capacities, especially for nitrile gloves, over the last few years. Gloves made of natural rubber or latex cause Type-I allergies such as coughing, sneezing, and rashes on the face as well as rashes on the skin under the gloves. Rise in awareness regarding latex allergy among people across the globe is boosting demand for nitrile gloves, as they carry a very low allergy rate, offer high chemical and puncture resistance, and provide protection from bacterial infections.

Impact of COVID-19

Impact of COVID-19 on the Worldwide Disposable Gloves Industry to 2025

The global disposable gloves market is highly competitive. Innovations, sustainability, and regulatory adherence constitute three pillars for the disposable gloves market success. Factors such as the growth in the aging population, awareness of infection prevention standards, and expansion of healthcare infrastructure are the major factors contributing to market growth. However, growth in medical tourism, advancement in surgical techniques and medical equipment, increase in public and private investments and government initiatives, the onset of pandemic diseases, and the rise in chronic diseases are other drivers stimulating the demand for disposable gloves.

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The demand for medical gloves has surged up rapidly in countries such as the UK, China, the US, India, Iran, and Italy due to the outbreak of the COVID-19 pandemic. The disease has increased the importance of hygiene among individuals. The market landscape of disposable gloves, which are fast turning into retail commodities, is expected to be accelerated.

When a person touches an object/surface contaminated by COVID-19 infected person, and then touches his own eyes, nose, or mouth, he may get exposed to the virus. Although this is not thought to be a predominant mode of transmission, care should be exercised while handling objects/surface potentially contaminated by suspect/confirmed cases of COVID-19.

Nitrile gloves are preferred over latex gloves because they resist chemicals, including certain disinfectants such as chlorine. There is a high rate of allergies to latex and contact allergic dermatitis among health workers. Non powdered gloves are preferred to powdered gloves.

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India disposable gloves market generated $303 million in 2017, and is projected to reach $760 million by 2025, growing at a CAGR of 12.4% from 2018 to 2025. In terms of volume, the market is growing at a CAGR of 8.3% from 2018 to 2025.

Key players:-

Accent Industries Ltd

Casil Health Products Ltd.

Honeywell International (India) Pvt. Ltd.

London Rubber India Ltd.

Mallcom (India) Ltd.

Narang Medical Ltd.

Sara Healthcare Pvt. Ltd.

T T K Biomed Ltd.

Wellness Forever Medicare Pvt. Ltd.

For More Details, Click here: https://niir.org/profile-project-reports/profiles/business-ideas-after-covid-breakdown/z,,e3,0,a/index.html

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