Cleanroom Technology Market Is Market Is Anticipated To Witness Significant Growth By 2028

 Cleanroom Technology Industry Overview

The global cleanroom technology market size is expected to reach USD 5.0 billion by 2028 and is expected to expand at a CAGR of 5.4% over the forecast period, according to a new report by Grand View Research, Inc. Growing compliance with stringent regulatory standards for new product approvals, technological advancements by key players to provide customized services to manufacturing companies and increase in awareness about contamination-free products coupled with growing demand in biopharmaceutical and pharma companies to develop high-quality products are some of the key factors driving the market growth.

 

Moreover, an increase in the development of healthcare facilities and an increase in government initiatives to spread awareness are factors anticipated to drive the market. Some of the initiatives responsible for increased awareness about these technologies, such as the establishment of companies dedicated to instructing manufacturing companies about them, online magazines, and cleanroom company directories, are anticipated to boost the market growth in the coming years. Cleanroom Academy, founded in 2008, is an example of an organization dedicated to providing related aids to manufacturing companies to optimize their work processes and training pertaining to this technology.


Cleanroom Technology Market Segmentation

Grand View Research, Inc. has segmented the global cleanroom technology market on the basis of product, end use, and region:

Based on the Product Insights, the market is segmented into Equipment, and Consumables.

  • The consumables segment dominated the market for cleanroom technology and accounted for the largest revenue share of 54.1%. The frequent use of consumables and high sales of cleanroom consumables majorly gloves, unlike cleanroom equipment, is another key factor attributable to the segment’s largest share. Cleanroom consumables are either reusable or disposable and are frequently required in production capacities in various end-use sectors such as pharma companies, biotech companies, hospitals, and diagnostic centers.
  • The equipment segment is expected to be the fastest-growing segment owing to the growing use of various cleanroom equipment including Heating Ventilation and Air Conditioning System (HVAC) systems, laminar airflow units, air showers, air diffusers, fume hoods, desiccating cabinets, pass-through systems, and air filter systems. Key players are offering customized products that are cost-effective.

 

Based on the End-use Insights, the market is segmented into Pharmaceutical industry, Medical device industry, Biotechnology industry, Hospitals and diagnostic centers.

  • The pharmaceutical industry segment dominated the market for cleanroom technology and accounted for the largest revenue share of 40.3% in 2020. The growth is owing to stringent regulations regarding the approval of pharmaceutical products, which has led to an increase in demand for cleanroom technology. For pharmaceutical production, air with low particulate matter is required.
  • The biotechnologyindustry segment is expected to exhibit the fastest growth rate of 7.2% over the forecast period owing to increased acceptance of biotechnology products globally. Cleanroom technology is extremely critical for biotechnology-based operations such as R&D, biocontamination control, pilot studies, and production facilities owing to the sensitivity of processes. Thus, demand for cleanroom technology is expected to increase due to growth in the biotechnology industry, globally, over the forecast period.

 

Cleanroom Technology Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

 

Key Companies Profile & Market Share Insights

The market is highly fragmented in nature with a presence of more regional players than global players. Mergers and acquisitions and R&D pertaining to advancements in cleanroom technology are some of the major strategies undertaken by key players to increase their market share. Some of the prominent players in the cleanroom technology market include:

  • Clean Air Products
  • Kimberley-Clark
  • DuPont
  • Terra Universal
  • Labconco
  • Clean Room Depot
  • Integrated Cleanroom Technologies Private Limited
  • Abtech
  • M+W Group

 

Order a free sample PDF of the Cleanroom Technology Market Intelligence Study, published by Grand View Research.

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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