Published Date: 2021-06-08
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European Nitrile Butadiene Rubber (NBR) Latex Market size is expected to surpass USD 102 million by 2027, according to a latest forecast report by Graphical Research.
In the view of surging COVID-19 infection rate, several health authorities, such as the WHO and European Medicines Agency, have mandated the use of personal protective equipment for medical staff as well as gloves and masks for healthcare workers such as cleaning and janitorial staff, line workers, assemblers and fabricators, and first aid. Due to the rising number of cases, there has been a huge spike in the demand for medical gloves to minimize the risk of transmission of infection. NBR latex has a penetration rate of over 70% in production of these gloves. NBR latex as disposable glove materials offers several advantages such as chemical and puncture resistance, strength, powder free, and reducing potential allergic reactions.
Increasing count of surgeries in specialized hospitals, medical centers, and clinics will subsequently enhance the market progression. Medical gloves are also used in the healthcare industry during drug formulation and testing. There are various legislation imposed on NBR latex market regarding its storage, transportation, application, and disposal. For instance, EN 455, according to this regulation, the standards are specified for the product application based on impermeability, sizing, strength, and thickness in the medical industry.
Browse detailed statistical insights from the report, “Europe Nitrile Butadiene Rubber (NBR) Latex Market Forecast 2027 by Application (Gloves [Medical, Industrial]), End-user (Industrial, Healthcare & Cleanroom, Food), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
Rising government expenditure toward building world class healthcare infrastructure along with supportive government incentive schemes will positively influence the market size. Production capacity expansion strategies along with patent filing initiatives and new product development activities are prominently aiding industry players to increase their sales revenue.
The industrial gloves application segment held around USD 8.50 million revenue share in 2020. Strong growth indicators in the energy sector, metal fabrication, chemical manufacturing, aerospace, and automotive industries in Europe. Industrial gloves are gaining more popularity due to their non-allergic advantage. They provide insurance against ice, heat, harm by erosion, scraped area, chemicals, and maladies. They also offer sensitivity and dexterity of use and are highly durable. The stringent European directives on safety and health at work along with OSHA worker safety norms have surged the utility of protective gloves in end-use industries in recent years. Hence, these factors will escalate market growth by 2027.
The European nitrile butadiene rubber (NBR) latex market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:
Europe Market, By Application
Europe Market, By End-user
The above information has been provided for the following countries:
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