According to
a new market research report published by Inkwood Research, the Global
Cleanroom Disposable Gloves Market is projected to evolve at a CAGR of 8.15% in
terms of revenue, and 7.47% in terms of volume during the forecasting years of
2019-2028.
“Browse 85
market Data Tables and 77 Figures spread over 223 Pages, along with an in-depth
TOC on Global Cleanroom Disposable Gloves Market Forecast 2019-2028.”
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Cleanroom disposable gloves are mainly
utilized pharmaceutical, semiconductors, and electronics industries as a
protection tool for the cleanroom personnel, and to prevent the contamination of
the final manufactured product. These gloves are manufactured from natural
rubber or latex, vinyl, neoprene, and nitrile. Natural rubber cleanroom
disposable gloves are the most conventional type of gloves widely used in the
market as they are user-friendly.
Development
of the Consumer Sector Augments Market Growth
In the manufacturing sectors of pharmaceuticals, healthcare,
and life sciences, installation and regular maintenance of cleanrooms are
essential for maintaining a clean environment. Hence, the growth of the consumer
sectors is supplemented by the increasing usage of all disposable consumables,
including disposable gloves by the cleanroom personnel. A major concern of the
pharmaceutical industries is to avoid the contamination of biological
activities, which is possible by frequently changing the gloves. Healthcare
professionals use medical gloves for surgeries and other related activities,
which can be contagious and harmful. Other industries, such as electronics and
semiconductors, are also fueling the market growth.
Natural
Rubber Gloves Garners the Largest Revenue Share
Natural rubber is made of polymers of an organic compound
named isoprene. Natural rubber is majorly used in the production of disposable
gloves in medical and non-medical industries. The main attributes of natural
rubber, such as low cost of raw materials, eco-friendly compositions, and convenient
production processes, enhance the latex cleanroom disposable gloves market. Moreover,
handling of objects becomes much easier during critical procedures due to their
flexibility and tear resistance properties. High-risk latex gloves are
primarily used in automotive industries and chemical laboratories involving
hazardous chemicals and risk of contamination, as they provide protection due
to their thickness and less reactivity. Thus, the growth of natural rubber
gloves is anticipated to be influenced by largescale use of cleanroom
disposable gloves by different industries.
Asia
Pacific is projected to record the Highest CAGR on Account of Volume and
Revenue
The Asia Pacific region is estimated to be the fastest-growing
market both in terms of revenue and volume during the forecast period. The Asia
Pacific is one of the largest consumers of the cleanroom disposable gloves, owing
to a rise in the biotechnology and pharmaceutical industries, particularly in
India, Japan, and China. This growth is amplified by the expanding need for
cleanroom technology in various industries. The Asia Pacific has surpassed
other regions in increasing cleanroom spaces due to its dominance in the semiconductor
industry. China, Taiwan, and South Korea are the leading investors in
semiconductor plants, which is boosting the market growth.
The competitive rivalry is intense in the global cleanroom
disposable gloves market due to low product differentiation. New players can
easily enter the market due to low exit barriers. Furthermore, there are many
regional and small-sized suppliers of cleanroom disposable gloves, which resort
to discounted pricing and aim to gain market share. The leading companies
actively operating in the global market are 3M Company, Semperit AG Holding, B.
Braun Melsungen AG, Johnson & Johnson, Kossan Rubber Industries Bhd, and
others.
About Inkwood
Research
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relevant fact-based research are customized across industry verticals such as
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objective comprehension that acknowledges the business environments. Our
geographical analysis comprises of North & South America, CEE, CIS, Middle
East, Europe, Asia, and Africa.
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