Cleanroom Technology Market Insights: Latest Advancement And Global Outlook 2020-2025 | Dynarex Corporation, Azbil Corporation, Aikisha Corporation, Kimberly Clark Corporation, Ardmac Ltd

The report presents an in-depth assessment of the Cleanroom Technology Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Cleanroom Technology investments from 2020 till 2025.

The cleanroom technology market was valued at USD 3.87 billion in 2019 and is expected to reach a value of USD 5.04 billion by 2025, at a CAGR of 5.1% over the forecast period (2020 - 2025).

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Competitive Landscape

The cleanroom technology market is moderately fragmented. The capital requirements for setting up new firms can be prohibitively high in a few regions. Moreover, the market incumbents have a considerable advantage over new entrants, particularly in gaining access to channels of distribution and R&D activities. New entrants must be mindful of regular changes in manufacturing and trade regulations in the industry. New entrants can leverage economies-of-scale advantages. Some key companies in the market include Dynarex Corporation, Azbil Corporation, Aikisha Corporation, Kimberly Clark Corporation, Ardmac Ltd, Ansell healthcare, Clean Air Products, and Illinois Tool Works Inc.

Key Market Trends

High Efficiency Filters to Witness Significant Growth Over the Forecast Period

- High efficiency filters employ laminar or turbulent airflow principles. These cleanroom filters are normally 99% or more efficient in removing particles bigger than 0.3 microns from the air supply of the room. Apart from removing small particles, these filters in cleanrooms can be used for straightening the airflow in unidirectional cleanrooms.
- The velocity of the air, as well as the spacing and arrangement of these filters, affects both the concentration of particulates and the formation of turbulent pathways and zones, where particles can accumulate and mitigate through the cleanroom.
- The market growth is directly related to the demand for cleanroom technologies. With changing consumer needs, companies are investing in R&D departments.
- Japan is a pioneer in this market with a significant portion of its population aged above 50 years and requiring medical care, thereby driving the usage of cleanroom technology in the country.

Asia-Pacific to Execute the Fastest Growth Rate Over the Forecast Period

- To attract medical tourists, healthcare service providers are expanding their presence across Asia-Pacific. Increasing patent expiries, improving investments, the introduction of innovative platforms, and the need for reduction in medical expense are all driving the market for biosimilar drugs, thus positively impacting the cleanroom technology market.
- India has superior advantage over many countries in the manufacturing of medical drugs and products, owing to resources, such as high manpower and a knowledgeable workforce. The Indian pharmaceutical industry is the third largest, in terms of volume. India is also the largest provider of generic drugs globally, accounting for 20% of the export volume. The country has seen a large group of skilled people (scientists and engineers) that have the potential to drive the pharmaceutical market to higher levels.
- Moreover, the Japanese pharmaceutical industry is the world's second-largest industry, in terms of sales. Japan's rapidly aging population and the age group of 65+ account for over 50% of the country's healthcare costs and is anticipated to drive the demand for the pharmaceutical industry during the forecast period. Modest economic growth and drug cost cuts are also the driving factors, which are making this industry grow lucratively.
- These factors coupled with the increasing penetration of automation technologies is expected to drive the market growth in the region over the forecast period.

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Latest Industry News:

January 22, 2020 - Ardmac have been awarded the specialist cleanroom construction on the biggest bio-pharma manufacturing facility to be built in Ireland on behalf of Wuxi Biologics.
Chinese pharmaceutical firm WuXi Biologics have commenced developing a purpose-built facility at the IDA's 26-hectare site at Mullagharlin in Dundalk. WuXi's facility has been described as the 'Factory of the Future' by Taoiseach Leo Varadkar and is the first sizable Greenfield project from China in the pharma sector.

May 17, 2019- The cleanroom glove and PPE manufacturer, Ansell, is investing US$32 million over the next two years to expand its Lat Krabang, Thailand manufacturing facility. The expansion allows the company to increase plant capacity by 30% to address growing global demand for Ansell chemical protection platform products.

Influence of the Cleanroom Technology Market Report:
-Comprehensive assessment of all opportunities and risk in the Cleanroom Technology market.
-Detailed study of business strategies for growth of the Cleanroom Technology market-leading players.
-Conclusive study about the growth plot of Cleanroom Technology market for forthcoming years.
-In-depth understanding of Cleanroom Technology market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Cleanroom Technology market.

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