Synthetic Rubber Gloves Market is expected to grow at a healthy CAGR

Synthetic Rubber Gloves Market is expected to grow at a healthy CAGR

By Knowledge Sourcing Intelligence Press Releases

Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market of “Synthetic Rubber Gloves Market” - which is forecasted from 2020 to 2027”.

The key factors propelling the growth of the Synthetic rubber gloves market are the rising cases of latex allergy, and the increasing focus on worker safety.

As per the report, the Synthetic rubber gloves market is projected to grow at a moderate pace throughout the anticipated period.

Synthetic rubber is man-made rubber. The European Rubber Chemical Association highlights that synthetic rubber is made by linking polymer molecules together. These polymers are mainly synthesized from petroleum by-products. Synthetic rubber gloves are preferable alternatives to latex gloves owing to their wider range of applications where there is the involvement of individuals who may be allergic to latex. Synthetic rubber gloves are free from latex yet they offer similar properties to latex gloves.

Across different industries, gloves are considered to have the utmost importance as they offer protection from a wide variety of hazards like chemicals, and substances that can affect the skin of the workers working across diverse industries. The growing concern of businesses for their employees' safety coupled with expanding use of these gloves in the domestic sector for a variety of tasks including washing and cleaning are the main reasons driving the demand for synthetic rubber gloves.

The Synthetic rubber gloves market has been categorized based on material, end-user industry, and geography.

By Material, the Synthetic rubber gloves market has been classified into nitrile, neoprene, PVC, butyl, and Others. Nitrile surgical gloves are expected to hold a notable share in the synthetic rubber gloves market during the forecast period. Hence, during the forecast, the nitrile synthetic rubber gloves market is expected to hold a considerable share.

By end-user industry, the Synthetic rubber gloves market is divided into healthcare, food and beverage, chemical, electronics, automotive, and others. The healthcare segment is expected to hold a significant share of the synthetic rubber glove market owing to the rising incidence of latex allergies among healthcare workers.

Geographically, the market is divided into North America, South America, Europe, the Middle East and Africa, and Asia-pacific. During the forecast period, the North American region is anticipated to hold a considerable share of the market, as the Food and Drug Administration (FDA) banned Powdered Surgeon’s gloves, Powdered Patient Examination Gloves, and Absorbable Powder for lubricating a surgeon’s gloves, effective on January 2017. FDA concluded the risks of powdered gloves including healthcare workers and patient sensitization to natural rubber latex. Thus, the synthetic rubber gloves market is expecting positive growth in this region.

The COVID-19 pandemic had a positive impact on the Synthetic rubber gloves market owing to rising cases of COVID-19 patients across the globe and increasing demand for synthetic rubber gloves from the healthcare industry.

As a part of the report, the major players operating in the Synthetic rubber gloves market, that have been covered are ANSELL LTD., Cardinal Health, Kossan Rubber Industries Bhd, PAUL HARTMANN AG, Top Glove Corporation Bhd, Rubberex Spain S.L.U., Owens & Minor, 3M, Molnlycke Health Care AB, and Sempermed.

View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/synthetic-rubber-gloves-market

This analytics report segments the Synthetic rubber gloves market on the following basis:

  • By Material
    • Nitrile
    • Neoprene
    • PVC
    • Butyl
    • Others
  • By End-User Industry
    • Healthcare
    • Food and Beverage
    • Chemical
    • Electronics
    • Automotive
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Taiwan
      • Thailand
      • Indonesia
      • Others