Global Cleanroom Technologies Market to Grow USD 8 Billion By 2026: Facts & Factors
Global Cleanroom Technologies market is expected to grow at a CAGR of 6.8% and is anticipated to reach around USD 8.10 Billion by 2026.
NEW YORK, UNITED STATES, June 25, 2020 /EINPresswire.com/ -- Findings from Facts and Factors report “Cleanroom Technologies Market1 By Product (Equipment, Consumables, and Controls), By Construction Type (Drywall/Standard Cleanrooms, Hardwall Cleanrooms, Softwall Cleanrooms, and Pass-Through Cabinets), By End-User (Pharmaceutical Industry, Biotechnology Industry, Medical Device Manufacturers, Hospitals, and Others), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Cleanroom Technologies market in 2019 was approximately USD 5.10 Billion. The market is expected to grow at a CAGR of 6.8% and is anticipated to reach around USD 8.10 Billion by 2026.
A cleanroom is a facility basically utilized in case of scientific research ore any specialized industrial production which includes the production of CRT, integrated circuits, OLED, LCD, microLED displays, and pharmaceutical items. In pollutants such as airborne microorganisms, dirt, aerosol particles, and chemical vapors.
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Market Drivers:
The primary reasons expected to boost the global Cleanroom Technologies market is the strict government rules and regulations and also the development taking place in the biologics area. In addition to this, the rising demand for sanitized pharmaceutical formulations along with the immense technological improvements in cleanroom technology is expected to bolster the growth of the Cleanroom Technology market during the forecast period. Furthermore, the growing requirement for medical equipment in hospitals, clinics, homes, etc. is also likely to supplement the global Cleanroom Technology market expansion.
Market Segment Dominance:
Consumables are anticipated to dominate the global Cleanroom Technologies market
Consumables are estimated to exhibit the highest market value in the global Cleanroom Technologies market owing to the increasing number of biotech, pharmaceutical, and medical equipment firms that use more of disposable protective clothing. Apart from this, the mounting number of R&D activities in the healthcare sector is also attributing to the growth of the Cleanroom Technologies market.
Hardwall cleanrooms are expected to grow at a significant rate
By construction type, the hardwall category is predicted to dominate the global Cleanroom Technologies market owing to the mounting requirement for hardwall cleanrooms as they are more flexible in terms of design, stress-free to expand or reconfigure easy installation, and freestanding for easy portability.
Pharmaceutical industry end-user category is expected to lead the global Cleanroom Technologies market
The pharmaceutical industry end-user category is expected to dominate the market owing to the industrial developments, growing pipeline of injectable formulations, and increasing demand to maintain the quality of healthcare products.
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Regional Dominance:
The Asia Pacific is expected to exhibit the highest growth in the global Cleanroom Technologies market
The Asia Pacific is estimated to grow at the highest rate over the forecast period owing to the stringent government regulations, increasing spending on healthcare, and the budding base of pharma organizations in the region are some of the factors anticipated to drive the global Cleanroom Technologies market in the Asia Pacific.
Key Market Players:
Some of the major players include Kimberly-Clark Corporation, Azbil Corporation, Ardmac, Clean Air Products, Labconco Corporation, Exyte AG, Dynarex Corporation, Airtech Japan, Ltd., DowDuPont Inc., Illinois Tool Works Inc., Taikisha Ltd., ABN Cleanroom Technology, COLANDIS GmbH, Clean Rooms International, Inc., Terra Universal, Inc., Bouygues Group, Connect 2 Cleanrooms Ltd., OCTANORM-Vertriebs-GmbH, Camfil, and Parteco Srl.
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This report segments the global Cleanroom Technologies market as follows:
Global Cleanroom Technologies Market: Product Segmentation Analysis
Equipment
HVAC Systems
HEPA Filters
Fan Filter Units
Laminar Air Flow Systems & Biosafety Cabinets
Air Diffusers and Showers
Others
Consumables
Safety Consumables
Cleaning Consumables
Controls
Global Cleanroom Technologies Market: Construction Type Segmentation Analysis
Standard/Drywall Cleanrooms
Hardwall Cleanrooms
Softwall Cleanrooms
Pass-through Cabinets
Global Cleanroom Technologies Market: End User Segmentation Analysis
Pharmaceutical Industry
Biotechnology Industry
Medical Device Manufacturers
Hospitals
Others
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