Analysis of global nitrile glove industry

Nitrile latex gloves, referred to as nitrile gloves, are safety and protective gloves made of nitrile latex, with excellent anti-organic chemical properties, physical properties and anti-static properties, comfortable style, in addition, because nitrile gloves do not contain protein, it is not easy to produce allergic reactions to people with allergies. Compared with PVC gloves and natural latex gloves, nitrile gloves are stronger and more breathable, and are commonly used in medical, food, automotive and other industries, and are also widely used in clean rooms in medicine, electronic information and aerospace.

Global nitrile glove production capacity is mainly concentrated in Malaysia, China and Thailand. More than 55% of global nitrile glove production capacity is concentrated in Malaysia, 17% in China, 15% in Thailand, and 10% in Vietnam and other regions.

The major manufacturers of nitrile gloves are Hartalega HoldingsBerhad, Top GloveCorporation Berhad, KossanRubber Industries Bhd. and SuppermaxCorporation Berhad in Malaysia in 2020. Hartalega Holdings' nitrile glove production capacity accounts for approximately 18% of the total global production capacity and is the largest producer of nitrile gloves in the world. top Glove's nitrile glove production capacity increases from 25 billion to 30 billion gloves per year in 2020 and will increase to 45.8 billion gloves in 2021 and is planned to be the largest nitrile glove producer in the world in terms of production capacity.

The global nitrile glove production capacity will be about 190 billion pieces/year in 2020, with the start-up rate nearly at full capacity. The average annual growth rate of production capacity and output in the past few years is 8.2% and 11.5%.

Future nitrile glove new production capacity is mainly concentrated in countries such as Malaysia and China. Global nitrile glove production capacity is expected to reach 600 billion gloves/year in 2025, with an output of about 500 billion gloves, with an average annual growth rate of more than 20% in both capacity and output from 2020 to 2025.

The proliferation of global public health events in 2020 led to a sharp and sustained growth in demand for medical gloves, especially in the United States and Europe, where the main consumption is more urgent. Before the epidemic because they will not wear medical gloves for a long time, many people do not know they are allergic to latex, after the epidemic data show that 17% of medical staff and 8% of patients in the U.S. healthcare system will be allergic to latex exposure, so the epidemic accelerated nitrile gloves to replace natural latex gloves, the market gap amplifies.

According to the U.S. Supply Chain Task Force report, the average monthly demand for nitrile gloves from March to July 2020 is about 9 billion, about three times the pre-epidemic level (about 3 billion gloves in a single month before the epidemic), with hospital demand increasing from about 1 billion gloves in a single month to about 5 billion gloves in a 4-fold increment, with long-term care and emergency care both increasing by more than a factor of 1. However, due to insufficient supply of capacity, the global consumption of nitrile gloves will be about 188 billion in 2020.

Nitrile gloves are mainly used in the medical and health care, food industry, automotive industry, household cleaning, mechanical industry, chemical and pharmaceutical industries. Before the outbreak, medical and health care accounted for about 60%; food industry accounted for 10%; automotive industry, household cleaning and mechanical industry each accounted for 5%; others accounted for 15%. 2020 outbreak, nitrile gloves are almost all used in medical and health care.

Global nitrile gloves consumption is mainly concentrated in the United States, Europe, Japan and other developed countries and regions, including the United States accounted for about 40%; Europe accounted for 30%; Latin America accounted for about 10%; Japan accounted for about 8%; other regions accounted for about 12%. 2018 world annual per capita use of disposable gloves is 33, the Netherlands per capita consumption category 276, the United States 250, Japan 106, China only 6. However, with the growing concern for safety and protection, Asia Pacific has become the fastest growing nitrile glove consumption region.

After the epidemic brought about 120 billion nitrile gloves permanent demand increment, and the epidemic accelerated nitrile replacement of natural rubber, nitrile gloves demand growth accelerated, the global nitrile gloves demand is expected to more than 500 billion in 2025, the average annual growth rate of 21.7% from 2020 to 2025.
Translated with (free version).

Post time: Sep-30-2021