by Brianna Crandall — September 10, 2014—Global market research and consulting company MarketsandMarkets has just released a report of interest to facilities managers who oversee cleanrooms in their facilities. According to the 190-page Cleanroom Technology Market report, the global cleanroom technology market was valued at $2,726.9 million in 2013 and is expected to grow at a moderate compound annual growth rate (CAGR) of 5.5% during the forecast period of 2014 to 2019.
Cleanroom Technology Market studies the global cleanroom technology market over the forecast period of 2014-2019. It analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, and the rest of the world, and contains more than 171 market data tables and 46 figures.
The report defines a cleanroom as an area or room that has a controlled environment in terms of the level of contamination of dust, airborne particles, microbes, water vapor, and chemical vapors. Cleanrooms also provides control over environmental parameters such as temperature, pressure, and humidity within a specified region. Cleanrooms are primarily used to avoid any type of contamination in certain products; they have wide use in the aseptic processing of health care products.
According to the report, the global cleanroom technology market has experienced steady growth in the past few years mainly attributed to stringent health care regulations, the emergence of biologics, the growing health care industry in developing countries, and the rising application of cleanrooms in the medical devices industry. However, the high cost associated with installation and use of cleanrooms reportedly hinders the growth of health care cleanrooms market to a certain extent during the forecast period.
For the report, the global cleanroom technology market is segmented by technology, type of construction, end user, and geography. The report also discusses the key market drivers, restraints, and opportunities of this market and its submarkets.
Regions
In 2013, North America was a major market for cleanroom technology, with around 38.0% share of the global market, followed by Europe, Asia-Pacific, and the rest of the world. The developed health care industry; the significant presence of pharmaceutical, biotechnology, and medical device industries; and stringent health care regulations led to the large market share of the North American and European health care cleanrooms market.
However, the Asia-Pacific region represents the highest growth opportunity for the cleanroom technology market during 2014 to 2019 and is expected to grow at a CAGR of 8.2% during the forecast period. The growth in this market is primarily driven by the increasing development of pharmaceutical and biotechnology industries in this region.
Companies
The prominent players in the cleanroom technology market are Illinois Tool Works, Inc. (ITW) (USA); Kimberly-Clark Corporation (USA); E.I. du Pont de Nemours and Company (USA); M+W Group (Germany); Azbil Corporation (Japan) and Royal Imtech N.V. (Netherlands); Alpiq Group (Switzerland); Ardmac Ltd. (Ireland); and Taikisha, Ltd. (Japan); among others.
The Cleanroom Technology Market by Equipment (HVAC System, HEPA Filter, Air Shower, Air Diffuser), Consumables (Apparel, Gloves, Wipes, Disinfectants), Construction (Hardwall, Softwall), & by End User (Pharmaceutical, Biotech) — Global Forecast to 2019 report is available on the MarketsandMarkets Web site. Early buyers will receive 10% customization on reports.
