Asia-Pacific Cleanroom Disposables Gloves Market to Rise at a CAGR of 9.8% During 2016–2022
Considering that industrial robots are deployed for manufacturing of Semiconductors and Electronics products ?“ primarily across the developed countries such as Japan, South Korea and Singapore; manufacturers of cleanroom disposable gloves can focus on tapping opportunities in the manufacturing base of pharmaceutical industry where adoption of robots is minimal
Portland, OR -- (SBWire) -- 09/22/2017 --According to a latest report published by Allied Market Research, titled, "Asia-Pacific Cleanroom Disposable Gloves Market", the industry is expected to reach $886 million from $465 million in 2022 and 2015, respectively. In addition, it is expected that the market would register a CAGR of 9.8% for the period, 2016–2022.
The research segments the Asia-Pacific cleanroom disposables gloves market into material, end-user, and country. Based on material, the industry is classified into natural rubber /latex, vinyl, nitrile, and neoprene. According to it, the market its end-users in industries, such as aerospace, flat panels, disk drives, food, hospitals, pharmaceuticals, medical devices industry, and semiconductors. Countries assessed in the report include China, Taiwan, Japan, South Korea, India, Philippines, and Vietnam.
The natural rubber gloves is anticipated to is anticipated to grow at a CAGR of 8.8% and lead the segment in terms of revenue, whereas vinyl gloves is expected to contribute maximum in terms of volume. Japan is expected to continue to be the major contributor in the Asia-Pacific cleanroom disposable gloves market throughout the study period. The rise in number of industries across the Asia-Pacific region has accelerated the demand for the market. The Semiconductor industry was the highest revenue generator in this regional market and expected to grow at the CAGR of 9.2%, during 2016–2022. This trend is observed due to high usage of the gloves by cleanroom personnel to prevent themselves from contamination of the manufactured products. In addition, development of the modified cleanroom gloves for various industries to retain cleanroom environment has added advantage to the manufacturers. It is due to the fact that these gloves are costly and generate higher revenue in comparison to regular gloves. Therefore, increase in consumer bases and awareness have propelled demand of the market.
Key findings of Asia-Pacific Cleanroom Disposable Gloves Market Report:
- Japan is estimated to be the highest contributor to the market throughout the forecast period.
- India is the fastest growing market and anticipated to register a CAGR of 15.6%.
- China contributed for one-fourth share in the industry in 2015.
Furthermore, the report provides a comprehensive competitive analysis and company profiles of the leading manufacturers of the Asia-Pacific cleanroom disposable gloves market. The firm include Ansell Healthcare, Supermax Corporation Berhad, Hartalega Holdings Berhad, Kossan Rubber Industries Ltd., Top Glove Corporation Berhad, Rubberex Corporation Berhad, Dynarex Corporation, Adventa Berhad, Cardinal Health, Inc., and Semperit AG Holding.
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