Global Cleanroom Technology Market Worth US$ 4,290.1 Million by 2020 - Persistence Market Research

This report provides in-depth analysis and estimation of the global cleanroom technology market for the period from 2014 to 2020, considering 2013 as the base year for the calculation.

New York, NY, April 16, 2015 --(PR.com)-- According to a new market report published by Persistence Market Research titled Global Market Study on Cleanroom Technology: Consumables to Witness Highest Growth by 2020, the global cleanroom technology market was valued at USD 3,156.0 million in 2014 and is expected to grow at a CAGR of 5.2% from 2014 to 2020 to reach an estimated value of USD 4,290.1 million by 2020.

Cleanroom refers to an enclosed space constructed in such a manner so as to control the concentration of airborne particles such as particulates (dust, hair), chemicals (oil, grease), microorganisms (bacteria, fungus), and radiations. Additionally, temperature, humidity, pressure, electrostatic charge, magnetic flux, and other factors in cleanrooms can also be maintained as per the requirement.

Globally, the cleanroom technology market is witnessing significant growth due to growing regulatory concerns regarding the packaging, manufacturing, and processing of better quality products, and safety of the working personnel. Additionally, increasing demand for sterilized pharmaceutical formulations, and development of new biologics and its wide applications in the medical devices industry is driving the growth of the cleanroom technology market. However, factors such as lack of skilled professionals and high cost associated with the setting up and maintenance of cleanrooms are restraining the growth of the global market for cleanroom technology. The global cleanroom technology market was valued at USD 3,156.0 million in 2014 and is expected to reach USD 4,290.1 million by 2020, growing at a CAGR of 5.2%.

Browse the full Global Market Study on Cleanroom Technology: Consumables to Witness Highest Growth by 2020 report at http://www.persistencemarketresearch.com/market-research/cleanroom-technology-market.asp

North America is the largest segment in the global cleanroom technology market. This is due to technological advancements and growing applications of cleanroom technology in the region. The North American market for cleanroom technology was valued at USD 1,209.3 million in 2014 and is expected to reach USD 1,580.8 million by 2020, growing at a CAGR of 4.6%. In terms of type, cleanroom consumables are the fastest-growing segment. In terms of construction, standard/drywall cleanroom is the largest segment in the global cleanroom technology market. Cleanroom technology has wide applications in the pharmaceutical industry.

Kimberly-Clark Corporation, Illinois Tool Works, Inc., and E.l. Du Pont De Nemours And Company are some of the leading players in the global cleanroom technology market. Some of the other major players in the cleanroom technology market are Azbil Corporation, Taikisha Ltd., Royal Imtech N.V., Ardmac, Ltd., M+W Group, Clean Air Products and Alpiq Group.

The cleanroom technology market is segmented as follows:

1) Cleanroom Technology Market, By Type

Equipment
Consumables

2) Cleanroom Technology Market, By Equipment

Fan Filter Units (FFU)
HVAC Systems
Laminar Air Flow Systems and Biosafety Cabinets
HEPA Filters
Air Diffusers and Showers

3) Cleanroom Technology Market, By Consumables

Safety Consumables
Apparel
Gloves
Others
Cleaning Consumables
Vacuum Systems
Wipes
Disinfectants
Others

4) Cleanroom Technology Market, By Application

Pharmaceuticals
Biotechnology
Medical Devices
Others

5) Cleanroom Technology Market, By Construction

Standard/Drywall Cleanrooms
Hardwall Cleanrooms
Softwall Cleanrooms
Terminal Boxes/Pass Through Cabinets

6) Cleanroom Technology Market, by Geography

North America
Europe
Asia
Rest of the World

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