Click to read the article Baltimore, MD -- United Safety Technology (UST) plans to bring back to life an abandoned Bethlehem Steel Factory in Sparrows Point, just outside of Baltimore, Maryland to manufacture personal protective equipment (PPE). Today, that effort...
Like other manufacturing industries, the medical supply business has seen increased demand for goods produced outside the United States. This is due to several factors, including cheaper labor costs, access to raw materials, and lower tariffs on imported goods....
China’s Race to the Bottom Historically, the market acquisition price for Nitrile Gloves progressed steadily between $0.025 and $0.033 per glove. This is not the “sell price” within the U.S. market but the price at which a large buyer could purchase finished goods...
Usage of nitrile gloves spiked to unprecedented levels during 2021, however, demand is estimated to remain strong for the foreseeable future. This trend is driven by the fact that these products are the "first line of defense" in most healthcare settings and are being...
The Nitrile Glove market experienced unprecedented demand from 2020 to 2022 as a result of the pandemic and increased utilization across all sectors. Historically, Malaysia has been the clear manufacturing leader for this product with a market share as high as 80%....
The combination of demand surge and supply scarcity led to price led to significant price escalation in 2020 and 2021. As additional capacity has come online and raw material costs have been subsidized, pricing is returning to more normal levels. Market pricing...