According to the latest report published by Variant Market Research, the globalcleanroom technology market is projected to reach $5,171 million by 2024 from $3,474 million in 2016, at a CAGR of 5.1% from 2016 to 2024.
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Strict rules & regulation towards safety to drive the global cleanroom technologymarket
The global cleanroom technology market is boosted by factors such as increase in demand from healthcare and pharmaceutical sectors, severe rules & regulation towards safety, rise in consumer awareness, and high adoption for quality products. High installation and maintenance cost may hinder the market growth. Furthermore, surge in demand for customized cleanroom technology would provide an opportunity for market players of cleanroom technology market.
The global cleanroom technology market is classified into type, construction, application, and geography. Type segment includes equipment (laminar air flow systems and biosafety cabinets,fan filter unites (FFU),HVAC systems,diffusers & showers, HEPA filters, air diffusers & showers, and others) &consumables (safety consumables (gloves, apparel, and others) and cleaning consumables (disinfectants,vacuum systems,wipes, and others)). Standard/drywall cleanrooms, softwall cleanrooms, terminal boxes/pass through cabinets,and hardwall cleanroomsare covered under the construction sub segment. Applications is categorized as pharmaceuticals, biotechnology, medical devices, and other applications. North America (U.S., Mexico, and Canada), Europe (France, Germany, UK, and Rest of Europe), Asia-Pacific (Japan, China, India, and Rest of Asia-Pacific) and RoW (Middle East, South America, and Africa) are the key geographical regions included in the global cleanroom technology market.
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Equipment, by type, is estimated to dominated the global market in 2016
Equipment held for the highest market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024, due to equipment inside cleanrooms are intended to limit air contamination, and thus, help preserve cleanliness levels that comply with regulatory standards.
Standard/drywall cleanrooms, by construction, is estimated to dominated the global market in 2016
Standard/drywall cleanrooms held for the highest market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024, due to high adoption of standard/drywall cleanrooms, by construction.
Pharmaceuticals, by application, is estimated to dominated the global market in 2016
Pharmaceuticals held for the highest market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024, due to developments in pharmaceutical cleanroom technology, both in terms of regulations and technicality.
Asia-Pacific is estimated to witness fastest CAGR from 2016 to 2024
Asia-Pacific is predicted to grow at a fastest CAGR over the forecast period 2016 to 2024. The growth is attributed to rapid industrialization and increase in awareness about certified products.
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The key market players of the market are Clean Air Products, Azbil Corporation,Royal Imtech N.V.,Alpiq Group,Kimberly-Clark Corporation,E.I. du Pont de Nemours and Company, Taikisha, Ltd.,Illinois Tool Works,Ardmac Ltd., Ardmac Ltd., and M+ W Group, among others.
Scope of the Global Cleanroom Technology Market
- HVAC Systems
- HEPA Filters
- Air Diffusers & Showers
- Fan Filter Unites (FFU)
- Laminar Air Flow Systems and Biosafety Cabinets
- Safety Consumables
- Safety Consumables
- Cleaning Consumables
- Vacuum Systems
- Cleaning Consumables
- Hardwall Cleanrooms
- Softwall Cleanrooms
- Standard/Drywall Cleanrooms
- Terminal Boxes/Pass Through Cabinets
- Medical Devices
- North America
- Asia Pacific
- South America
- Middle East
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