According to the latest research report by The Wheat Starch Marketwas valued at US$ 9,174.06 million in 2021 and is projected to reach US$ 16,119.54 million by 2028; it is expected to grow at a CAGR of 7.5% from 2021 to 2028.The report highlights key factors driving the market growth and prominent players along with their developments in the market.
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Strong Growth of Wheat Starch Industry in Developing Countries Drives Wheat Starch Market
Wheat Starch are made from materials like nitrile, vinyl, polyethylene, and natural rubber. Different inspections and techniques are utilised during the quality testing of gloves to look for weak points and holes. Wheat Starch are also used in a variety of fields, including construction, manufacturing, food and beverage, oil and gas, healthcare, and pharmaceutical.
The healthcare sector makes extensive use of disposable gloves. The main element to provide a long-standing demand for cleaner practises and barrier protection in healthcare is disposable gloves. These gloves are frequently used by healthcare professionals when they come into touch with bodily fluids, broken skin, blood, or other potentially harmful substances. Disposable exam gloves are frequently used by physicians, nurses, surgeons, general practitioners, and other healthcare professionals as a barrier between them and their patients.
Impact of COVID-19 Pandemic on Wheat Starch Market
The COVID-19 pandemic had a detrimental effect on market expansion. Due to limitations put in place by government agencies in many nations, the COVID-19 epidemic disrupted manufacturing operations. The price of raw materials needed to make Wheat Starch fluctuated as a result of the COVID-19 pandemic. Glove demand from the manufacturing, construction, and chemical industries was significantly impacted by the COVID-19 pandemic’s detrimental effects on these sectors of the economy. However, in order to combat the COVID-19 pandemic and treat the patients, hospitals and other healthcare facilities expanded their use of gloves.
The market for Wheat Starch is concentrated with some very well-established players. Some of the key players in the Wheat Starch Market include
- ANSELL LIMITED
- CAREPLUS GROUP BERHAD
- GLOBUS GROUP
- HARTALEGA HOLDINGS BHD
- HONEYWELL INTERNATIONAL INC
- KOSSAN RUBBER INDUSTRIES BHD
- RIVERSTONE HOLDINGS LIMITED
- SEMPERIT AG HOLDING
- SUPERMAX CORPORATION BERHAD
- TOP GLOVE CORPORATION BHD
Wheat Starch Market is Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
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