Nitrile Gloves Market Size

Nitrile Gloves Market Size

Nitrile Gloves Market size exceeded USD 25 billion in revenue in 2022 and is estimated to expand at more than 9% CAGR during the projected timeline from 2023 to 2032 owing to the substantial growth of the global chemicals industry.

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The widespread use of nitrile gloves due to their favorable qualities, such as their high resistance to alkalis, acids, and chemical solvents, is the main factor fueling the overall industry's growth. Additionally, the proliferating chemical industry worldwide is largely contributing to business expansion. In 2020, the global chemical industry was valued at more than USD 4.25 trillion. Furthermore, the increasing strictness of health and safety norms in medication and medicine handling across numerous nations is likely to further support industry expansion.

Risk of allergies caused by additive chemicals may limit product uptake

Accelerators are used by glove manufacturers during the vulcanization of nitrile gloves. People who are allergic to nitrile gloves are typically allergic to the chemical components contained in these accelerators. Users who are allergic to chemicals can experience skin rashes, hives, and itching. Such problems may limit product adoption, impeding industry growth. However, market players are working on introducing accelerator-free alternatives to address customer needs, which is foreseen to aid the industry in overcoming this restraint.