Europe Nitrile Butadiene Rubber Latex Market Size to Cross USD 102 Million by 2027

According to a recent study from market research firm Graphical Research, the Europe nitrile butadiene rubber latex market size is poised to expand at substantial CAGR during the forecast period. The intensifying focus toward hygiene and health worldwide in the wake of the COVID-19 pandemic is driving Europe nitrile butadiene rubber latex market outlook. The need for high performance gloves in the region has been surging since the coronavirus struck European nations, wherein the healthcare professionals have had to cope with an increasing number of COVID-19 cases. 
 
Using these gloves can ensure protection from heat, ice, chemicals, scraped areas, erosion, and other maladies. Apart from providing dexterity and sensitivity during use, they are highly durable and thereby cost-effective. With the implementation of several EU directives, including the OSHA worker safety norms, the NBR latex market appears to witness substantial opportunities.
 
Get sample copy of this research report @ https://www.graphicalresearch.com/request/1819/sample
 
Nitrile butadiene rubber latex gloves are considered an ideal solution across numerous applications as they are oil resistant and possess high tensile strength as well. Owing to these properties, they offer a superior performance than natural rubber latex gloves. These are deployed across multiple industry verticals including chemicals, metalworking, electronics, automotive, and mining, among others.
 
Through 2027, the Europe nitrile butadiene rubber latex market size is slated to be worth $102 million in value. Although other industrial applications are contributing considerably toward the market share, the pharmaceutical and healthcare applications in Europe is likely to account for over 73.6% of the total regional share through 2027.

 
A considerable portion of these products are imported from Asia. Ukraine and Russia particularly have been ordering these gloves from Indonesia, Thailand, and Malaysia. In preparation of future healthcare emergencies, several hospitals and other healthcare establishments across Europe are stocking up on these products, fueling Europe nitrile butadiene rubber latex market forecast.
 
Health organizations including the European Medicines Agency and the World Health Organization (WHO) have issued mandates regarding the compulsory adoption of personal protective equipment (PPE), not only for the medical staff but also for the janitorial and cleaning staff, first aid providers, assemblers, line workers, and fabricators. As these gloves can prevent the risk of contagion, the NBR latex industry share is certain to make a substantial headway.
 
The high number of surgeries across European AMCs, clinics, and specialized hospitals is pushing the demand for NBR latex products in the region. The material offers a host of advantages including disposability, puncture and chemical resistance, superior strength, and reduced risk of allergic reactions. Drug formulation and testing applications also require these products.
 
The expanding government expenditure toward the construction of state-of-the-art healthcare infrastructure across European countries is another key accelerator of NBR latex market trends. Leading NBR latex manufacturers in the region are expanding their production capacities to fulfil the augmenting demand.
 
 
The industrial gloves segment is set to represent a considerable chunk of the total Europe nitrile butadiene rubber latex market share through 2027. This is because of the steady expansion of chemical manufacturing, energy, automotive, aerospace, and metal fabrication industries. The product use has been increasing across these areas due to non-allergic features.
 
Some leading NBR latex product manufacturers and suppliers in Europe include Omnova Solutions, Synthomer, Zeon Chemicals, LG Chem, Jubilant Group, Brenntag, and Versalis S.p.A.
 
Table of Contents (ToC) of the report:

Chapter 1   Methodology & Scope
1.1    Research Methodology
1.2    Market estimation & forecast parameters
1.3    List of Data sources
1.3.1    Primary
1.3.2    Secondary

Chapter 2   Executive Summary
2.1    Europe nitrile butadiene rubber latex market snapshot

Chapter 3   Europe NBR Latex Industry Insights
3.1    Industry coverage
3.2    Industry size and forecast, 2017 - 2027
3.3    Industry ecosystem analysis
3.3.1    Vendor matrix
3.4    Future trends
3.4.1    Innovation Landscape
3.5    Raw material analysis
3.6    Regulatory norms & directives
3.7    Drivers & restraints
3.7.1    Drivers
3.7.2    Restraints
3.8    End-user growth mapping
3.9    Industry analysis: Porter’s
3.10    Competitive benchmarking
3.10.1    Strategy dashboard
3.11    PEST analysis
 
About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Contact Us:
Parikhit B.
Corporate Sales,
Graphical Research
Phone: 1-208-273-9852

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