Thermoplastic Elastomers Gloves Market

Market Overview

The Global Thermoplastic Elastomers Gloves Market Size is projected to grow at a CAGR of 4.2% during the forecast period.

Disposable thermoplastic and elastomeric materials are combined to create thermoplastic elastomer (TPE) gloves. TPE gloves are a well-liked substitute for conventional latex gloves, which some people may be allergic to.

Thermoplastic elastomers, or TPE, are polymers that can be heated and molded several times. Rubber-like elasticity is also a property of thermoplastic elastomers. Thermoplastic elastomers are categorized by industrial fabricators as "specialty" plastic resins for two reasons.
TPE gloves are distinguished by its flexibility and elasticity, which enable them to conform closely to the user's hand while delivering great dexterity and tactile sensitivity. Different compounds, such as acids and bases TPE gloves are resistant to this and offer good protection against tears and punctures.

These gloves are considered to be more environmentally friendly than any other kinds of disposable gloves because they can be recycled and are made of materials that are easier to produce than conventional latex and nitrile. This is in addition to their other qualities, such as chemical resistance and flexibility.

The demand for disposable gloves is growing across a number of industries, including food service, healthcare, and manufacturing, and this demand is one of the key factors driving the market for TPE gloves. Although the demand for personal safety equipment (PPE) has grown significantly in recent years, the COVID-19 pandemic has also contributed to the expansion of the TPE glove industry.

Market Dynamics

Thermoplastic Elastomers Gloves Market Drivers

• Raising Allergy Awareness

There are many people who are allergic to latex, which is a substance derived from rubber trees or a rubber-like material produced from the plant and used to make plastic. As a result, TPE gloves are becoming more and more popular as an alternative because people are becoming more conscious of their health, skin, and allergies. TPE gloves are a common option for people with latex allergy because they don't contain latex and are therefore hypoallergenic.

• Emphasis on Safety & Hygiene

In various businesses, especially in light of the COVID-19 epidemic, safety and hygiene are becoming increasingly important. TPE gloves are a necessary piece of personal protection equipment for maintaining a clean and sanitary working environment.

• Benefits over Other Disposable Glove Types

TPE gloves have a number of benefits over other disposable glove types like latex and nitrile. TPE gloves offer better flexibility and elasticity, are more affordable, and are more environmentally friendly.

• Demand for Disposable Gloves is Rising

Demand for disposable gloves is rising in a number of different areas, including healthcare, food service, the chemical industry, and manufacturing. The COVID-19 epidemic has increased demand for PPE and disposable gloves, which is propelling the market for TPE gloves.

Thermoplastic Elastomers Gloves Market Restraints

• Lack of Awareness

Despite the fact that TPE gloves provide a number of advantages, many consumers might not be aware of them. This may reduce consumer demand for TPE gloves. To inform consumers about the advantages of TPE gloves, manufacturers and distributors of TPE gloves may need to step up their marketing initiatives.

• Competition from Other Materials

Latex, nitrile, and vinyl gloves are some of the other glove materials that TPE gloves must contend with. Customers may favour one material over another depending on their unique demands, as each offers advantages and cons of its own.

• Comfort

TPE gloves may not be as comfortable for some users as other types of gloves, which could lower demand. TPE gloves, on the other hand, are typically soft and cosy to wear, and many users could find them more so than latex or nitrile gloves.

Thermoplastic Elastomers Gloves Market Opportunities

• Rising Demand for Eco-Friendly Products

Demand for ecologically friendly products is rising, and TPE gloves are among the more eco-friendly disposable gloves available since they can be recycled and are constructed of materials that are easier to create than classic latex or nitrile ones. This has increased consumer demand for environmentally friendly goods generally, giving TPE gloves a chance to increase their market share.

• Features of the Product that are Novel

TPE gloves can be produced with novel qualities like improved sensitivity or antibacterial capabilities. These characteristics could benefit users more and boost demand for TPE gloves.

• Options for Customization

To meet the demands of particular sectors, TPE gloves are easily modified. Gloves with improved grip capabilities, for instance, can be created for use in the food processing or automotive industries. TPE gloves are more appealing to a larger number of sectors because of their flexibility.

Market Scope

Segmental Analysis

Segment by Type

• XS
• S
• M
• L
• XL

Segment by Application

• Electronic Industry and Assembly

TPE gloves are used for handling small electronic components, like microchips, capacitors, and resistors, which call for a high degree of dexterity and precision. TPE gloves are utilized in a wide range of applications in the electronic industry and assembly. TPE gloves are utilized during quality assurance and inspection procedures when personnel must check electronic parts and goods for damage or flaws.

• Food Processing and Food Service

In the food processing and food service industries, TPE gloves are utilized in a variety of applications. When handling and preparing food, such as when chopping, dicing, and mixing ingredients, TPE gloves are employed. They are moreover utilized in the food industry to manage and provide food to clients. In addition to these uses, TPE gloves are also used to package food items, such as sandwiches and containers. While handling and storing food products, such as when unpacking and shifting food boxes, TPE gloves are employed.

• Manufacturing Industry

TPE gloves are used in maintenance and repair work to protect workers from sharp edges and other risks. TPE gloves are utilized in manufacturing for assembly work, where workers may be required to handle small or intricate pieces.

• Chemical Industry

TPE gloves are used for a variety of tasks in the chemical industry, such as handling solvents, acids, and bases. They are also used in laboratories for a variety of tasks, such as handling chemicals, preparing samples, and cleaning equipment.

• Medical Industry

In the medical field, TPE gloves are utilized for patient care, including examination and therapy. For handling samples and other things, it is frequently utilized in laboratories. they are employed to sanitise and clean surfaces and medical equipment. Workers are shielded from exposure to cleaning agents and other chemicals by the chemical resistance of the gloves.

Regional Analysis

The Global Thermoplastic Elastomers Gloves Market is segmented by region as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

North America

The demand for TPE gloves is being driven by sectors like healthcare, food processing, and manufacturing. The region's strict laws governing worker health and safety have also aided in the market's expansion. The market's expansion has also been aided by the existence of significant players in the area, including Ansell, Hartalega Amercare Royal, AMMEX Corporation, and Top Glove Company Bhd. The region's need for TPE gloves has surged as a result of the COVID-19 pandemic, particularly in the healthcare sector.

Europe

Because of the region's stringent rules governing worker safety and hygiene, the TPE glove market in Europe is expanding. TPE gloves are in great demand in sectors including food processing, pharmaceuticals, and chemicals where strict hygiene requirements must be upheld. The market's expansion has also been aided by the existence of significant firms in the area, including Celeanese, Kossan Rubber, and Dermatrill.

Asia-Pacific

Due to the rising demand from the manufacturing, food processing, and healthcare sectors, the Asia-Pacific region has the fastest-growing market for TPE gloves. The market is expanding as a result of rising disposable income levels and increased hygienic and safety awareness.

South America

The rising demand from sectors like healthcare, food processing, and chemicals, the Latin American TPE glove market is a developing industry that is expanding. The market is growing in part because of the increased attention being paid to worker cleanliness and safety. The market's expansion has also been aided by the presence of significant businesses in the area like Ansell and Hartalega Holdings Berhad.

Middle East and Africa

Despite being a tiny market, the Middle East and Africa's TPE glove industry is anticipated to expand because to rising demand from sectors like healthcare, food processing, and oil & gas. The expansion of infrastructure projects and the growing emphasis on worker safety are both factors in the market's expansion.

Key Players

1. Top Glove
2. Omni International Corp.
3. Supertouch
4. Bitoor
5. Polycom Protective Products
6. Dihong
7. Hongray Group
8. Jiawen Plastic Products
9. Okuny Group