PORTLAND, Oregon, April 1, 2015 /PRNewswire/ --
According to a new report, by Allied Market Research titled, "Europe Cleanroom Disposable Gloves Market - Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013-2020", the market for disposable gloves in cleanroom settings is forecast to reach $265.1 million by 2020, registering a CAGR of 7.9% from 2014 to 2020. Nitrile Gloves and Vinyl Gloves currently accounted for about half of the market revenue; however, Neoprene gloves will consolidate its share with fastest growth during the forecast period.
To view the report, visit the website at http://www.alliedmarketresearch.com/europe-cleanroom-disposable-gloves-market
An aseptic and contaminant-free environment in semiconductor, pharmaceutical and electronics industries, can be achieved by setting up cleanrooms, which calls for the need of cleanroom disposable gloves. Prime factors responsible for the growth of Europe cleanroom disposable gloves market are increasing area of cleanroom spaces (especially in pharmaceuticals and semiconductor industry), stringent regulatory requirement and popularity of "cleanroom-customized" variants of gloves. These factors altogether spurred the demand for cleanroom disposable gloves and would reach 6,728.4 million pairs by 2020. On contrary, high cost of raw materials such as nitrile, vinyl, neoprene, and increased deployment of industrial robots in semiconductor industries limit the growth of Europe cleanroom disposable gloves market. Growing demand of industrial robots in semiconductor and electronics industries would lead to reduced usage of cleanroom disposable gloves.
Lately, there has been fluent transition in material used for cleanroom gloves from traditional natural rubber/latex to newly developed nitrile and vinyl gloves. These gloves provides unique benefits over natural rubber/latex gloves, such as allergy free, high biological, chemical, oil and acid resistance. However, natural rubber gloves would continue to lead the market throughout the forecast period, owing to their lower cost and wider availability. However, Nitrile cleanroom gloves are emerging as a promising option for pharmaceuticals and semiconductor cleanroom spaces owing to their high resilience and capacity to withstand a wide range of temperatures. This would allow the segment to grow at a CAGR of 8.4% from 2014 to 2020.
Geographically, United Kingdom, would continue to lead Europe cleanroom disposable gloves market through 2020. Furthermore, U.K. and Germany collectively accounted for ~35% share in the Europe cleanroom disposable gloves market in terms of value. This is due to the high expenditure and increasing semiconductor and electronics industries, which exhibits more demand for cleanroom gloves.
View the Global Cleanroom Disposable Gloves Market Report at http://www.alliedmarketresearch.com/cleanroom-disposable-gloves-market
Key companies profiled in the report are Ansell Healthcare, Supermax Corporation Berhad, Top Glove, Hartalega Holdings Berhard, Rubberex, Semperit AG Holding, Kossan Rubber Industries Ltd, Kimberly-Clark Corporation, Dynarex Corporation, Cardinal Health, Inc., Adventa Berhad, and Riverstone Holdings Ltd.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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SOURCE Allied Market Research