Your industry news - first
Rubber glove market to grow steadily thanks to rising hygiene and infection control nous
The global rubber glove market is set to grow at an exponential Compound Annual Growth Rate during the forecast period attributed to its increasing demand across several industrial applications.
The improving global economy, along with the growing need for cleanliness and hygiene is driving the market growth.
The use of rubber gloves has gained prominence in the medical field since the outbreak of HIV in the early 1980s. Healthcare professionals across the globe, in an attempt to implement enhanced safety measures and sterilised patient care reforms, are focusing on the awareness of rubber gloves. All these factors are majorly contributing to the global rubber glove market development.
Based on product type, the market has been segmented into Nitrile Gloves, Natural Rubber Gloves, and Others. By type, the rubber gloves market has been split into household, food, healthcare, industrial, and others. Nitrile rubber gloves are accounted for its features such as puncture and chemical resistance, its ability to prohibit the inhibition of pollen allergy, and its widespread application in surgeries, laboratory examination, and cleanroom use. Attributed to its safety and reliability, nitrile rubber gloves hold a major chunk of the global rubber glove market.
The comprehensive overview of the rubber glove market has identified North America, Europe, Latin America, the Middle East & Africa, and Asia Pacific as the key regions. North America and Europe are currently leading due to the presence of a large number of manufacturers and their adoption of advanced automation machinery. Also, the developing economies of the Middle East & Africa are demonstrating steady growth due to the growing awareness about basic hygiene and infection control.
Thailand and Malaysia are among the top manufacturers of rubber gloves as they are the largest producers of natural rubber in the global market space. Japan has registered a significant producer of synthetic rubber and is a chief exporter due to its high-quality glove standards.
The rubber glove market is dominated by the international players due to their high investments in merger and acquisition activities, R&D, patents, high brand value, and minimisation of other operational costs, etc. Some of the prominent players operating in this global market space include Tianjiao Nanyang, Top Glove, Supermax, Kossan, Sempermed, Hartalega, YTY Group, Riverstone, Tan Sin Lian, Rubbercare, DPL, Ansell, Kanam Latex, Yuyuan, Comfort Rubber Gloves Industries, Dayu, Haojie, Xingyu, Suzhou Colour-way, Hongyu, Dengsheng, and Baimei.
YTY Group (pictured) is a pioneer in the field of medical services and has emerged as a leading supplier of rubber gloves. The organisation has incorporated automation and several other propitiatory technologies to meet all world-class industry leading standards of consistency, efficiency and quality. Non-sterile powder free chlorinated latex examination gloves, non-sterile powder free polymer coated latex examination gloves and non-sterile powder free nitrile examination gloves are some of the products launched by the Group.
The 124-page report: 'Global Market for rubber gloves to 2023' offers detailed coverage of the rubber glove industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading rubber glove producers to provide exhaustive coverage of the rubber glove.
9th May 2019