1. The number of new additions abroad continues to rise, and the demand for gloves continues to soar
According to the latest official news, the number of newly diagnosed new crowns in the United States exceeded 110,000 for the first time in a single day, and the cumulative number of confirmed diagnoses exceeded 9.5 million, which is about to exceed the 10 million mark. Over 49 million cases have been diagnosed globally.
Since the epidemic, the global glove consumption has increased sharply, and there has been a gap in the demand for medical structures alone, and increased consumption in food factories, airports, railways, and civilian protection industries. In the first half of 2020, the market size of nitrile gloves alone will reach $23.62 billion.
2. The supply of raw materials is in short supply
Due to the further development of the epidemic, the production schedule for all production lines of Guangdong Shenpu Technology's production base has basically been full. In order to cope with the continuous outbreak of foreign demand, not only the continuous supply of raw materials, but also the new production line is needed. However, there are certain technical barriers and the required period is longer. For example, latex, after nearly full demand this year, the shortage of raw materials has appeared. Let's talk about nitrile. Its raw material liquid is a product after petroleum processing, and it is difficult to expand production capacity in the short term. The ability to rapidly produce raw liquid to finished gloves is not realistic.
3. The regular peak season is approaching, and the supply of gloves will face a severe test
According to data from previous years, October-December is the traditional peak season, during which the demand is nearly three times that of the first half of the year. Coupled with the continuous deterioration of the global epidemic, the urgent demand for gloves has been rapidly intensified. So now that KIEYYUEL disposable gloves are still available, go to KIEYYUEL official website and order now!
Contact Person: Ms. Jasmine
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