According to a new report published by Allied Market Research, titled, "Cleanroom Disposable Gloves Market by Material Type and End Use: Global Opportunity Analysis and Industry Forecast, 2021-2030,"
The global cleanroom disposable gloves market was valued at $1.5 billion in 2020, and is projected to reach $3.2 billion by 2030, growing at a CAGR of 7.7% from 2021 to 2030.
Cleanroom disposable gloves are used to maintain a sterile environment in various industries such as food, pharmaceuticals, hospitals, medical devices, disk drives, flat panel displays, semiconductors, and aerospace. Such sterile or controlled environmental conditions are maintained by establishing a separate and isolated clean room. Disposable clean room gloves are used to prevent cross-contamination between different products manufactured in the laboratory. Clean room disposable gloves are made from variety of materials such as natural rubber/latex, neoprene, nitrile, and vinyl, depending on intended use. These gloves have unique features and uses. For example, natural rubber gloves have higher elasticity and strength compared to nitrile, vinyl, or neoprene gloves, while nitrile disposable clean room gloves have better puncture and abrasion resistance than latex gloves.
The global clean room disposable gloves market is growing at a considerable pace, driven by factor such as increase in demand from a large customer base. In addition, stringent government regulations on safety measures drives the growth of the cleanroom disposable gloves market. As a result, the demand for disposable gloves for clean rooms increases as variety of products from electronic industry and pharmaceutical industry that meet specific safety requirements rises. However, increase in use of robots in the semiconductor industry hinders the growth of the clean room disposable gloves market. Conversely, the growth of the pharmaceutical industry may offer favorable opportunities for market participants in the future.
The spread of COVID-19 increased the demand for cleanroom disposable gloves from the pharmaceutical & medical devices sector and hospitals. Multinational companies faced lockdown restrictions in different countries, hindering manufacturing operations during the pandemic. Procurement of raw materials was challenging, owing to the disruption in logistics. The COVID-19 spread in China and across the globe impacted the healthcare system and health expenditure. This positively impacted the demand for cleanroom consumables such as disposable gloves. Preventive practices followed by medical staff such as double gloving and frequent change of gloves caused an increase in the use of gloves
The cleanroom disposable gloves market is segmented on the basis of material type, end use, and region.
Depending on material type, the global cleanroom disposable gloves market is categorized into natural rubber gloves, vinyl gloves, nitrile gloves, neoprene gloves, and others. In terms of value, the natural rubber gloves segment accounted for the largest share in 2020. By end use, the market is classified into aerospace industry, disk drive industry, flat panels industry, food industry, hospitals, medical devices industry, pharmaceuticals industry, semiconductors industry, and other industries. In terms of value, semiconductor industry segment accounted for the largest share in 2020.
Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounted for the largest share of the market in 2020, with Asia-Pacific being the fastest growing region.
The major companies profiled in this report include Ansell Healthcare, Hartalega Holdings Berhad, Supermax Corporation Berhad; Kossan Rubber Industries Ltd., Rubberex Corporation Berhad, Top Glove Corporation Berhad; Adventa Berhad, Cardinal Health, Inc., Dynarex Corporation, and Semperit AG Holding.
In addition to the abovementioned companies, other Dia Rubber Co. Ltd.; Asiatic Fiber Corporation, Woojin ACT Co. Ltd., Kimberly-Clark Corporation, Riverstone Holdings Ltd., Careplus Group Berhad, UG Healthcare Corporation, Nitritex Limited, Valutek, and Jiujiang Haorui Industry & Trade Co. Ltd. are competing for the share of the market through product launch, joint venture, partnership, and expanding the production capabilities to meet the future demand for the cleanroom disposable gloves in the forecast period.
Impact Of Covid-19 On The Global Cleanroom Disposable Gloves Market
- Emergence of COVID-19 had a less impact on the growth of the global cleanroom disposable gloves market during this period.
- This impact is mostly attributed to the significant disruptions in the raw material transportation, presence of low-labor, led to shutdown of many manufacturing industries led to decline of demand for cleanroom disposable gloves during this period.
- The decrease in demand for many non-essential products and shut down of construction has created a negative impact on the development of global cleanroom disposable gloves market.
- Thus, the abovementioned factors are expected to have negative impact the global cleanroom disposable gloves market growth during the pandemic period.
Key Findings Of The Study
- Region wise, Asia-Pacific accounted for the largest market share in 2020.
- Depending on material type, natural rubber segment holds the largest market share in 2020.
- By end use, semiconductor industry segment holds the largest market share in 2020.