Albany, NY -- (SBWIRE) -- 02/12/2019 -- Disposable gloves offer excellent protection in a variety of applications. These gloves are FDA approved for medical use and provide excellent protection from blood borne pathogens and other environmental contaminants. Disposable gloves are resistant against most chemicals like acids, bases, chlorine, iodine, and formaldehyde.

An Australian company which manufactures protective industrial and medical gloves and condoms named Ansell, claims to develop the thinnest chemical resistant disposable glove. It is 0.19mm thick and prevents direct contact from chemicals through a three-layer design.

The global disposable gloves market was valued at US$ 10.420 bn in 2017 and is anticipated to expand at a CAGR of 6.8% from 2018 to 2026. The global disposable gloves market is driven by a rise in demand for surgical as well as examination gloves from the medical industry.

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How is innovation playing a key role in market growth?

Growing demand for the product in several industries including automotive, food and beverages, pharmaceuticals, chemical and petrochemical, oil and gas, mining, industrial research and development (R&D), academic R&D, and cleanrooms is expected to promote market growth over the forecast period. Stringent regulations regarding safety of workers will also benefit the global disposable gloves market.

Rising importance of raw materials offering lightweight properties, comfort, higher heat resistance, and elasticity have been major incentives for companies to conduct extensive R&D. These initiatives are primarily aimed at achieving multi-functionality of the product and widen its application scope by including innovative add-ons to existing designs.

Technological advancements and increasing concerns pertaining to employee health and safety are estimated to provide lucrative opportunities to market participants in the global disposable gloves market. Product innovation and usage of sustainable raw materials for glove manufacturing are further estimated to positively impact the global disposable gloves market over the next few years.

Apart from innovation, what else is majorly fueling the market?

According to the Occupational Safety and Health Administration (OSHA), the global usage of disposable gloves is expected to grow in industries such as pharmaceutical, research laboratories, and healthcare. However, unavailability of data pertaining to precise workplace incidents in industrial sectors acts as a major challenge in the global disposable gloves market.

Nevertheless, growing awareness pertaining to health and safety measures associated with treatment of patients and emergency response incidents has played a crucial role in boosting the usage of medical gloves in the healthcare industry. This is likely to bring relief to players in the global disposable gloves market.

Which regions are serving to drive most of the growth in the market?

Geographically, North America accounted for a major share of the global disposable gloves market in 2017. Growth in healthcare sector is likely to propel the global disposable gloves market during the forecast period. The rise in the usage of disposable gloves among health care practitioners, as the bacteria and viruses can be harmful to human health. As a result, the demand for disposable gloves has increased in recent years. The demand for better health care services is likely to increase significantly in the near future, due to arise in population, improving income levels, and better education standards across developing economies.

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