PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1331455
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1331455
The global cleanroom technologies market is projected to reach USD 8.2 billion in 2023 and is projected to reach USD 11.4 billion by 2028, at a CAGR of 6.8% during the forecast period. Growth in the cleanroom technologies market is mainly driven by factors such as advancements in cleanroom technologies, increasing R&D spending in the pharmaceutical industry, growth of the biologics sector, and rising demand for parenteral and injectable pharmaceutical formulations. However, the high costs of cleanroom technologies systems is expected to restrain the growth of this market during the forecast period.
Safety Consumables segment is projected to grow at the highest CAGR during the forecast period By product, the global cleanroom technologies market is segmented into controls, consumables and equipments. The consumables segment is categorized into safety consumables and cleaning consumables. The safety consumables segment is expected to register the highest CAGR during the forecast period. In cleanroom operations, the adoption of single-use safety consumables such as gloves, apparel, and masks has increased over the last few years. The growing adoption of single-use safety consumables is expected to turn into a steady revenue stream for several market players owing to the increasing number of manufacturing and R&D activities in the life science industry. Also, the adoption of safety consumables is increasing in the hospitals with the rising cases of COVID-19.
Mobile cleanrooms segment is projected to grow at the highest CAGR during the forecast period By type, the cleanroom technologies market is segmented into modular cleanrooms, standard cleanrooms and mobile cleanrooms. In 2022, the mobile cleanrooms segment is projected to grow at the highest CAGR. The higher demand for mobile cleanrooms is driven by their advantages of being more flexible than standard and modular and easy to transport within a facility or to remote locations, providing comprehensive cleanroom capabilities wherever they are needed.
Biotechnology industry segment is projected to grow at the highest CAGR during the forecast period
By end user, the cleanroom technologies market is segmented into biotechnology industry, medical device manufacturers, hospitals, pharmaceutical industry and other end users. In 2022, the biotechnology industry segment is projected to grow at the highest CAGR during the forecast period, owing to factors such as the growing demand for biologics and biosimilars. Also, the use of new techniques, such as proteomics, recombinant DNA technology, and cell fusion has increased in the past few years and has led to a rise in the demand for a controlled working environment for all processes in biotechnology research and production to ensure the quality and safety of products.
By region, The Asia Pacific is projected to grow at the highest CAGR during the forecast period
By region, the cleanroom technologies market is segmented into Europe, Latin America, the Asia Pacific, North America and the Middle East & Africa. In 2023, The Asia Pacific segment is projected to grow at the highest CAGR during the forecast period. Factors such as the increasing healthcare expenditure and growing pharma and biotech manufacturing base in several APAC countries such as India and China, are increasing the adoption of cleanroom technologies in the Asia Pacific.
Key players in the cleanroom technologies market
Some of the prominent players operating in the cleanroom technologiesmarket include Kimberly-Clark Corporation (US), Illinois Tool Works, Inc. (US), Taikisha Ltd. (Japan), Angstrom Technology (US), Octanorm-Vertriebs-GMBH (Germany), Camfil (Sweden), Azbil Corporation (Japan), Bouygues Group (France), Clean Air Technology, Inc.(US), Weiss Technik (Germany), Atlas Environments, Ltd. (UK) Exyte AG (Germany), Terra Universal, Inc. (US), Airtech Japan, Ltd. (Japan), Parteco SRL (Italy), Berkshire Corporation (US), Airplan (Spain), Dupont De Nemours, Inc. (US), Ardmac (Ireland), Clean Air Products (US), Labconco Corporation (US), Dynarex Corporation (US), Colandis GMBH (Germany), ABN Cleanroom Technology (Belgium) and Clean Rooms International, Inc. (US).
The report analyzes the cleanroom technologies market and aims at estimating the market size and future growth potential of this market based on various segments such as product, type, and end user. The report also includes a product portfolio matrix of various cleanroom technology products available in the market. The report also provides a competitive analysis of the key players in this market, along with their company profiles, product offerings, and key market strategies.
Reasons to Buy the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a more significant share of the market. Firms purchasing the report could use one or any combination of the below-mentioned strategies to strengthen their position in the market.