A recent report published by Infinium Global Research on the cleanroom technology market provides an in-depth analysis of segments and sub-segments in the global as well as regional cleanroom technology market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional cleanroom technology market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global cleanroom technology market. According to the report, the global cleanroom technology market is projected to grow at a CAGR of 5.3% over the forecast period of 2019-2025.
Market Insight
Cleanrooms are part of the industries where small particles can adversely affect the manufacturing process. Clean rooms are designed to maintain an environment that has a low level of pollutants such as dust, airborne microbes, chemical vapors, and aerosol particles. Industries like Semiconductor manufacturing, pharmaceuticals, biotech, medical device, as well as critical process manufacturing uses cleanroom technologies for the manufacturing of contamination-free products.
A growing number of research and development institutes/centers across the globe is one of the major factors contributing to the growth of the cleanroom technology market. Research activities with in vitro and in vivo studies have increased by the significant rate in last decade, for such studies, cleanrooms plays an important role, additionally, lab-scale fermentation process, manufacturing of pharmaceutical drugs like tablet and capsule, plant tissue culture labs require cleanroom, that in turn boosting the demand of cleanroom technology market. Moreover, stringent regulation of FDA and WHO for food and drug safety has globally set the measure and specifications for the manufacturing process, which in turn is boosting the demand for cleanroom technology. On the other hand, high cost associated with the cleanroom equipment such as laminar airflow and HEPA filters and consumables can hamper the growth of the market. However, the growing the healthcare industry and research and development activities for the manufacturing of more efficient cleanroom equipment can provide better opportunities to the market.
Based on the region's cleanroom technology market segmented into North America, Europe, Asia-Pacific, and RoW. North America especially the U.S dominates the global market and expected to keep a large share of the market in the forecast period. presence of major players in the market, rising number of pharmaceutical and food processing industries and stringent government regulation for food and drug safety are some factors contributing to the growth of the market. The market in Europe is expected to grow at a significant rate in the forecast period. Increasing funding research studies, growing healthcare industrialization and stringent regulatory laws are contributing to the growth of the market. The Asia-Pacific region is estimated to grow with a lucrative rate in the forecast period. Growth in this region is attributed to growing healthcare and agriculture industries, heavy investments by the government and private sector for research.
Segment Covered
The report on global cleanroom technology market covers segments such as type, and end user. On the basis of type, the sub-markets include cleanroom equipment, cleanroom consumables, and cleaning consumables. On the basis of end user, the sub-markets include biotechnology industry, medical device manufacturers, pharmaceutical industry, hospitals, and other end users.
Companies Profiled:
The report provides profiles of the companies in the market such as Azbil Corporation, E.I. Du Pont De Nemours And Company, Taikisha Ltd., Kimberly-Clark Corporation, Illinois Tool Works, Inc., Royal Imtech N.V., Ardmac, Ltd., Alpiq Group, Clean Air Products, M+W Group, and Other companies.
Report Highlights:
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of cleanroom technology market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
