Being a necessity item, especially in the healthcare and food
industry, the demand for rubber gloves remained robust in 2012 despite
the Euro-zone debt crisis. Other major factors that boosted demand
include improvement in healthcare awareness, healthcare reforms with
more stringent regulations following H1N1 scare and decreasing raw
material costs. The emerging economies represent the greatest potential
for growth given the low penetration of glove usage in their healthcare
industry. With substantial rise in natural rubber latex prices over the
past 2 years, there was a shift in demand towards nitrile gloves. As a
result, most of the gloves manufacturers are either building up new
nitrile glove production capacity or switching existing production
capacity from natural rubber to nitrile rubber.
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Malaysia still dominates the global glove market as the largest
producer and exporter of rubber gloves worldwide. Malaysia holds
advantage in raw material availability, infrastructure, R&D,
development of supporting industries and support from government
agencies over other countries. Other leading nations that produce rubber
gloves include Thailand and Indonesia.
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