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Replies to post #115987 on Vystar Corp (VYST)
Wellwhatdoyaknow
08/30/19 3:36 PM
#115990 RE: Honolulu Trader #115987
Increasing awareness pertaining to employee health and safety, coupled with rising concern regarding skin diseases in the industrial sector, is expected to drive the market over the projected period. Technological innovation, supported by availability of customized designs to cater to specific industry demands, is likely to have a positive impact on demand.... Natural rubber dominated the global market by material and accounted for a revenue share of 36.3% in 2017. The product is highly elastic and offers chemical resistance while handling chemicals. High product demand while handling volatile chemicals in laboratory and cleanroom applications is projected to benefit segment growth. Allergies caused by natural latex acts as a major restraining factor, hampering demand for natural rubber as a raw material in the food industry. As cited by health agencies, latex comprising fibrinogen may cause allergy, owing to which, market players have shifted focus toward synthetic disposable gloves made of nitrile, vinyl, neoprene, and other synthetic rubber.