Rubber Gloves Market Scope
Rubber gloves, as the name implies, are gloves made up of various types of rubbers, either in a combination with other materials, such as textiles, plastics, or only rubber. They cover a wide range of applications, ranging from medical gloves to utility gloves for almost any kind of work. They can also be worn during dish-washing, as they can protect the skin and hands from the detergent.
According to AMA, the Global Rubber Gloves market is expected to see growth rate of 8.3% Research Analyst at AMA estimates that Malaysian and Chinese Manufacturers will contribute to the maximum growth of Global Rubber Gloves market throughout the predicted period.
Top Glove [Malaysia], Kossan [Malaysia], Supermax [Malaysia], Hartalega [Malaysia], Sempermed [United States], YTY Group [Malaysia], Riverstone [Malaysia], Rubbercare [Malaysia], Ansell [Australia], DPL [Sri Lanka], Kanam Latex [India], Comfort Rubber Gloves Industries [Malaysia], Yuyuan [China], Dayu [China], Xingyu [China], Haojie [China], Suzhou Colour-way [China], Dengsheng [China], Hongyu [China], Tianjiao Nanyang [China] and Baimei [China] are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Cardinal Health [United States], Latexx Partners Berhad [Malaysia], Honeywell International Inc [United States], MCR Safety Inc [United States], RUBBEREX [Malaysia], TOWA CORPORATION [Japan] and Longcane Industries Sdn. Bhd. [Malaysia].
Segmentation Overview
The study have segmented the market of Global Rubber Gloves market by Type (Natural Rubber Gloves, Nitrile Gloves and Others), by Application (Household, Industrial, Healthcare and Others) and Region with country level break-up.
On the basis of geography, the market of Rubber Gloves has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Rising Application in Healthcare, Shift from Natural Gloves to NBR (Nitrile rubber) Gloves and Rising Demand for Powder-Free Latex Gloves
Market Growth Drivers:
Rising Industrial Application and Stringent Workers' Safety Regulations with Increasing Focus on Maintaining Hygiene at the Workplace
Challenges:
Preventing Allergies and Eco-friendly Deign
Restraints:
Volatility in Raw Materials Cost and Hike in Natural Gas Tariff
Opportunities:
Growth in Automotive and Healthcare Sectors in Emerging Economies and Rising Focus on Maintaining Hygiene Across Industries
Market Leaders and their Expansionary Development Strategies
January 2018 - : Top Glove, a Malaysian rubber giant buys Aspion. The company further intended to acquire two more companies in order to expand its rubber glove manufacturing facilities worldwide and strengthen its local presence.
US hygiene push could fuel a rubber glove boom in Malaysia which holds 63 % of total market share. Demand for medical gloves is increasing following the guidelines from United States Pharmacopeia convention. Known as USP 800, the best practices standard for pharmacies and hospitals recommend health workers don two pairs of gloves to handle hazardous drugs. US accounts for a third of global demand for medical gloves.
The United States Food and Drug Administration (FDA) passed a rule in December 2016 to ban use of all powdered medicals gloves. The rule becomes effective from January 2017. In the absence of powder, they are made easy to don treating them with chlorine.
Key Target Audience
Original Equipment Manufacturers, Healthcare Industries, Government Agencies, Potential Investors and Research Institute
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.