Press release
Global Cleanroom Consumables Market 2018 (North America, APAC, Europe, MEA, and Latin America), Forecast to 2023
According to the latest industry analysis by Arizton, the global cleanroom consumables market size is expected to reach more than $16 billion by 2023, growing at a CAGR of over 8% 2017-2023. The market research report provides in-depth market analysis and segmental analysis of the global cleanroom consumables market by product, end-users, and geography.
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This market research report on cleanroom consumables market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by products (apparel, gloves, wipes, chemicals, and others), by end-users (electronics and semiconductors, pharmaceuticals, food and beverages, defense and aerospace, medical, automotive, and others), and geography (North America, APAC, Europe, MEA, and Latin America).
Cleanroom Consumables Market - Overview
The constant need for hygienic air and increasing requirement for air pressure control across industries is propelling the growth of the global cleanroom consumables market. The extensive use of cleanroom technology and management systems in various industries such as operating theaters, life sciences, semiconductor production, nano industry, breweries, pharmacies, livestock facilities, commercial bakeries, and automotive engineering will propel the attribute to the revenues in the market.
The rapid rate of urbanization and development of smart technologies is boosting the growth across various industries and in turn, driving the demand for cleanroom consumables across industries in the global market. The leading vendors are quality and composition of the materials used in the production of the consumables to meet the stringent industry standards and gain a larger market share. The Asian market is the leaders in the cleanroom consumables manufacturing market and compete in the global market with global companies. The establishment of strict regulations and standards will encourage the players to introduce superior quality products.
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The cleanroom consumables market by products is segmented into apparel, gloves, wipes, chemicals, and others (swabs and products like tapes, floor mats, lotion, labels, mop systems, and stationeries like paper and ink). The apparel was the largest product segment in the market accounting for close to47% of the total market share in 2017 and is expected to grow at a CAGR of more than 7% during the forecast period. Cleanroom apparel is made of special fabric that resists the accumulation of dust or particulate contaminants. The increasing need to maintain the cleanliness and reduce the risk of contamination is contributing to the growth of this market segment in the global market. The stringent safety regulations implemented by WHO, OSHA, and FDA is one of the factors that impact the growth of the apparel market segment. India is expected to be the largest revenues generator in this market segment in the global cleanroom consumables market during the forecast period.
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The cleanroom consumables market by geography is categorized into North America, APAC, Europe, MEA, and Latin America. APAC dominated the market accounting for more than 51% of the total market share in 2017 and is expected to grow at a CAGR of close to 10% during the forecast period. The evolution of production technologies, availability of cheaper raw materials, and the establishment of progressive government policies is attributing to the growth of the major industries in the APAC region. The development of industries such as automotive, semiconductor, pharmaceutical, construction, defense, aerospace, and food and beverage will boost the demand for cleanroom consumables in the APAC market. The economic development in India and China will transform the cleanroom consumables market in APAC during the forecast period.
Key Countries Profiled:
The key countries profiled in the report are: China, Japan, South Korea, Germany & France
Key Vendor Analysis
The global cleanroom consumables market is highly fragmented with various vendors offering a wide range of cleanroom consumables at varying prices. The continuous innovations and upgrades will help players refine their unique value proposition and gain a larger share in the global market. The threat of low-quality products from the Chinese market will result in occasional spurts in the intensity level of the competition in the market. The improvements in the global economic conditions will increase the attractiveness of new products launch and promote the development of the cleanroom consumables market.
The major vendors in the global market are:
• DuPont
• ITW Texwipe
• Kimberly-Clark Corporation
• Berkshire Corporation
• Aramark Corporation
Other prominent vendors include Taikisha Ltd, M+W Group, Alpiq Group, Micronova Manufacturing Inc., Blue Thunder Technologies, Nitritex Ltd, Valutek, Contec Inc., Riverstone Holdings Limited, and Prudential Overall Supply.
Key market insights include
1. The analysis of cleanroom consumables market provides market size and growth rate for the forecast period 2018-2023.
2. It offers comprehensive insights on current industry trends, trend forecast, and growth drivers about the cleanroom consumables market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of cleanroom consumables market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.
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