Nitrile gloves are gloves produced by processing synthetic material nitrile rubber (NBR), which have certain advantages such as acid and alkali corrosion resistance, good physical properties, short degradation time, and environmental friendliness. Therefore, they are widely used.
Medical-Grade Nitrile Gloves Dominate the Market and Healthcare is the Largest Downstream Application Market.
According to different quality standards, nitrile gloves can be divided into two types: medical grade and industrial grade. Among them, medical-grade nitrile gloves dominate the main market, with an estimated market share of 79.59% in 2023.
From the perspective of downstream applications, nitrile gloves are mainly used in fields such as healthcare, food processing, automobiles, oil and gas, and construction. Among them, the healthcare sector is the largest downstream application market. According to our research data, the application revenue of nitrile gloves in the healthcare field is expected to reach $3875 million in 2023, with an estimated market share of 65.96%.
Global Nitrile Gloves Market Size Forecast and Market Segmentation Analysis
Source: www.globalmarketmonitor.com
The Market Concentration is Moderate, with a Total Share of over 40% among the Top 3 Enterprises.
Data shows that the total size of the global nitrile glove market is expected to reach $5875 million in 2023, and may continue to increase to $7322 million in 2025. From the perspective of market competition patterns, the concentration of the global nitrile glove market is moderate. According to our data, the total production value of nitrile gloves by the top 3 enterprises in the industry in 2020 was 1970 million, accounting for 40.82% of the global market share. The top 3 companies were Hartalega Holdings Berhad, Top Glove Corporation, and Kossan Rubber Industries. In 2020, these three companies accounted for 19.02%, 14.92%, and 40.82% of the global total output value of nitrile gloves, respectively.
Nitrile Gloves Production Value and Share of Main Enterprises in 2020
|
Enterprises
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Production Value (Million USD)
|
Share
|
|
Hartalega Holdings Berhad
|
918
|
19.02%
|
|
Top Glove Corporation
|
720
|
14.92%
|
|
Kossan Rubber Industries
|
332
|
6.88%
|
|
Top3
|
1970
|
40.82%
|
Source: www.globalmarketmonitor.com
For more infromation, please click:《2023 Global Nitrile Gloves Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast》.
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