Cleanroom Technology Market is estimated to be US$ 6.56 billion by 2030 with a CAGR of 4.50% during the forecast period prophecymarketinsights.com
The rise in people living standards, changes in quality of life, and rising demand for high-quality products are all contributing to the worldwide cleanroom technology market growth. Cleanroom technology, also known as enabling technology or cross-sectional technology, is used to reduce the risk of product contamination across all operational and technological procedures. Cabin solutions, conventional cleanrooms, minienvironments, and other cleanroom technology solutions are among the most often used. All of these solutions can be chosen and deployed based on their purity class and process characteristics. Contamination prevention is the primary goal of every cleanroom. Increasing need for medical equipment and sterilised pharmaceutical formulations will aid the global cleanroom technologies market's growth between 2021 and 2031, according to the projection. Following the onset of the coronavirus pandemic, the healthcare industry is currently undertaking a large number of diagnostic tests. Medical ventilators, personal protective equipment (PPE), diagnostic testing, and other critical medical supplies may be included. The likelihood of a high infection risk in such situations is seen as a major source of concern for the market's future growth.
Region Analysis:
North America held the highest share of the cleanroom technology market in 2020. In the coming years, factors such as strict regulatory standards for product approvals, technological advancements in cleanrooms, a large number of hospitals in the region, greater adoption of technologically advanced solutions by pharmaceutical, biotechnology, and medical device manufacturing companies, and the growth of the healthcare sector are expected to contribute to the growth of the cleanroom technologies market in North America.
Key Highlights:
RS Components (UK) announced a collaboration with Kimberly-Clark Professional in 2021. (US). The collaboration will allow 170 new products to be added to the RS line, including well-known brands like Kleenex, Scott, Wypall, and Kimtech.
Exyte Group (Germany) and Wynnchurch Capital (United States) have agreed to buy Critical Process Systems Group (CPS) by Exyte in 2021. CPS is a conglomerate of manufacturing and design firms with annual sales of USD 150 million in 2020. The purchase will help the company to better serve existing and new customers in the semiconductor, biopharmaceutical, and life sciences industries.
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Key Market Insights from the report:
Global Cleanroom Technology Market accounted for US$ 4.25 billion in 2020 and is estimated to be US$ 6.56 billion by 2030 and is anticipated to register a CAGR of 4.50%. The Global Cleanroom Technology Market is segmented based on product, construction, end-user and region.
Based on Product, Global Cleanroom Technology Market is segmented into HVAC, HEPA Filters, Apparel, Vacuum Systems, Gloves, Disinfectants.
Based on Construction, Global Cleanroom Technology Market is segmented into Drywall, hard wall and Soft wall.
Based on End-User, Global Cleanroom Technology Market is segmented into Pharmaceutical, Biotechnology and Hospitals.
By Region, the Global Cleanroom Technology Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Global Cleanroom Technology Market:
The key players operating in the cleanroom technology market are Azbil Corporation, Taikisha Ltd., Kimberly-Clark Corporation, Illinois Tool Works, Inc., Royal Imtech N.V., E.I. Du Pont De Nemours And Company, Ardmac, Ltd., Alpiq Group, Clean Air Products, and M W Group.
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