Thai Officials Recommend Rubber Gloves As A Key National Industry Support

- Aug 06, 2020-

As of 12:00 on March 31, the cumulative number of confirmed cases of new coronary pneumonia worldwide reached 785,836, and the overseas epidemic continued to spread. In this special period, rubber gloves have become the most basic protective equipment and medical supplies, andthe global demand for rubber gloves has surged. Regarding the current development trend of the epidemic, Thailand reported on March 30 that Thai officials suggested that rubber gloves should be a key national industry to support the development. 

There are endless synthetic rubber gloves on the market, but natural rubber gloves occupy an irreplaceable low temperature in medical gloves. At present, the global demand for rubber gloves is huge, and it is facing shortages and out-of-stocks at any time. Malaysia, as the largest rubber glove producer, has already seen a capacity shortage; if the Thai government promotes domestic rubber glove production, it is expected to alleviate the global shortage of rubber gloves .

It is understood that the export growth rate of Thai rubber gloves during the epidemic has increased significantly. The number of medical rubber gloves exported to China in January and February of this year has exceeded 192%, with a total value of 410.67 million baht, a record high; Thailand in January and February The total value of exported medical rubber gloves exceeded 6.355 billion baht, an increase of 0.97%. The United States is the largest export market for Thailand's rubber gloves. In 2019, the total export value was 17.3 billion Baht, and the export value in the first two months of this year was 2.876 billion Baht.

Judging from the current demand for rubber gloves, the global medical rubber gloves market will increase by 10% year-on-year in 020, and the total demand for rubber gloves is expected to exceed 330 billion. Thailand is the main producer of natural rubber in the world, but the export volume of rubber gloves is not large. Thai officials stated that it is necessary to take this to elevate Thailand's rubber gloves to a higher level, as a policy-focused industry to support the development, make full use of natural rubber Advantages of raw material resources.