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Global Market Study on Cleanroom Technology: Consumables to Witness
Highest Growth by 2020
According to a new market report published by Persistence Market Research titled
Global Market Study on Cleanroom Technology: Consumables to Witness Highest
Growth by 2020, the global cleanroom technology market was valued at USD 3,156.0
million in 2014 and is expected to grow at a CAGR of 5.2% from 2014 to 2020 to
reach an estimated value of USD 4,290.1 million by 2020. Cleanroom refers to an
enclosed space constructed in such a manner so as to control the concentration of
airborne particles such as particulates (dust, hair), chemicals (oil, grease),
microorganisms (bacteria, fungus), and radiations. Additionally, temperature,
humidity, pressure, electrostatic charge, magnetic flux, and other factors in
cleanrooms can also be maintained as per the requirement.
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Globally, the cleanroom technology market is witnessing significant growth due to
growing regulatory concerns regarding the packaging, manufacturing, and processing
of better quality products, and safety of the working personnel. Additionally,
increasing demand for sterilized pharmaceutical formulations, and development of
new biologics and its wide applications in the medical devices industry is driving the
growth of the cleanroom technology market. However, factors such as lack of skilled
professionals and high cost associated with the setting up and maintenance of
cleanrooms are restraining the growth of the global market for cleanroom technology.
The global cleanroom technology market was valued at USD 3,156.0 million in 2014
and is expected to reach USD 4,290.1 million by 2020, growing at a CAGR of 5.2%.
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North America is the largest segment in the global cleanroom technology market.
This is due to technological advancements and growing applications of cleanroom
technology in the region. The North American market for cleanroom technology was
valued at USD 1,209.3 million in 2014 and is expected to reach USD 1,580.8 million
by 2020, growing at a CAGR of 4.6%. In terms of type, cleanroom consumables are
the fastest-growing segment. In terms of construction, standard/drywall cleanroom is
the largest segment in the global cleanroom technology market. Cleanroom
technology has wide applications in the pharmaceutical industry.
Kimberly-Clark Corporation, Illinois Tool Works, Inc., and E.l. Du Pont De Nemours
And Company are some of the leading players in the global cleanroom technology
market. Some of the other major players in the cleanroom technology market are
Azbil Corporation, Taikisha Ltd., Royal Imtech N.V., Ardmac, Ltd., M+W Group,
Clean Air Products and Alpiq Group.
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