Asia Pacific NBR Latex Market

1. Asia Pacific Bitumen Market Size to Hit USD 60 Billion by 2027: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

2. The Asia Pacific nitrile butadiene rubber latex market share from gloves segment is slated to exhibit a 12.5% CAGR over 2021-2027, driven by the versatility of these products. With the growing demand for high-quality latex gloves across the region due to the COVID-19 pandemic, Asia Pacific nitrile butadiene rubber (NBR) latex market forecast is set to gain notable momentum through the next few years. Although the consumption of NBR has been expanding across numerous industrial domains, the healthcare sector is seeing maximum use of the material. The Asia Pacific nitrile butadiene rubber latex market outlook is also receiving a significant boost from the efforts of manufacturers toward foraying into new application areas, through the launch of specialized and innovative products. Since the material is primarily deployed in the production of gloves, the augmenting use of industrial and medical gloves is expected to add to the industry revenue through 2027. The growing consumption of medical gloves in the healthcare sector can be attributed to the rising hospital admissions, preference for personalized medicine, high incidence of chronic illnesses, and technological advancements in the medical arena. Most importantly, the outbreak of COVID-19 pandemic has been adding to the demand across Asia Pacific nitrile butadiene rubber latex market. As NBR latex offers a superior performance even under extreme conditions, it is replacing natural rubber latex especially in the gloves segment. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

3. Browse detailed statistical insights from the report, “Asia Pacific Nitrile Butadiene Rubber (NBR) Latex Market” along with the table of contents (ToC) @https://bit.ly/3CXT3I0 Get sample copy of this research report @ https://www.graphicalresearch.com/request/1817/sample ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

4. Rubber gloves are extensively deployed across pharmaceutical, medical, electronics, industrial, food, and other sectors. During the pandemic, healthcare professionals are increasingly using single-use gloves for reducing the risk of contagion during treatment and check-ups. Owing to the abundant availability of natural and nitrile rubber the region, Asia Pacific is one of the foremost producers of nitrile butadiene rubber latex. Thailand, Malaysia, and Indonesia are leading manufacturers of these products. A large volume of these gloves is exported to North America and Europe by the leading glove manufacturers in Asia Pacific. In terms of end-user, the Asia Pacific nitrile butadiene rubber latex market share from the healthcare & cleanroom segment is set to expand at a 12.5% CAGR through the assessment timeline. The growing demand across these applications is due to the rising need for single-use gloves for patient examination and surgical procedures by healthcare practitioners. Exam gloves are tested for thickness, pinholes, strength, and require regulatory approval. Since they function as a barrier protection against pathogens, protecting both the patient and the frontline worker, the nitrile butadiene rubber latex industry forecast is poised for considerable expansion. While the general use gloves are primarily used by caregivers and healthcare workers for guarding themselves against the any form of infection during medical exams, surgical gloves are used by surgeons for conducting medical procedures. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

5. Other major end-users of NBR latex based products are electronics manufacturers, pharmaceutical companies, and food processing cleanrooms. With the thriving food & beverage industry adopting these products to ensure optimal hygiene and cleanliness, the APAC nitrile butadiene rubber latex market share is certain to expand. Cleanroom gloves are used to ensure protection of the product or process from the individual handling or performing them. Zeon Chemicals, Kumho Petrochemical, Versalis S.p.A., Emerald Performance Materials, OMNOVA Solutions, Apcotex Industries Limited, LG Chem, Nantex Industry Co., Ltd., and Synthomer are some leading Asia Pacific nitrile butadiene rubber latex market. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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