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Thriving Biotechnology & Healthcare Industry to facilitate Global Cleanroom Consumables Market Growth at 9.17% CAGR
Inkwood Research estimates that the Global Cleanroom Consumables Market is evaluated to register a CAGR of 9.17% in terms of revenue during the forecasting years of 2021-2028."Browse 50 Market Data Tables and 49 Figures spread over 165 Pages, along with an in-depth TOC on the Global Cleanroom Consumables Market Forecast 2021-2028."
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Cleanroom consumables include consumable accessories utilized by operators in the workshop during manufacturing. These include sterile coveralls, goggles, masks, gloves, etc. Cleanrooms are enclosed spaces wherein low levels of environmental pollutants and contaminants are necessarily sustained. Cleanrooms have evolved to accommodate the standards needed for the manufacturing processes of emerging technologies.
Growing Biotechnology & Healthcare Industry drives Market Growth
Many countries are increasingly implementing cleanroom technology in the healthcare industry irrespective of economic conditions. The healthcare expenditures are slated to double in the coming years, given the huge demand in the medical technology and pharmaceutical sectors. Biotechnology is estimated to project the leading sector, with the United States, Switzerland, China, Japan, and Germany as major markets.
Cleanroom technology is expected to be in huge demand, given the surging demands in the medical technology and biotechnology sectors. The rising healthcare expenditure is also set to offer growth opportunities in R&D, drug manufacturing, and medical services segments, in dominant markets. Moreover, many healthcare companies prioritize workplace safety to raise productivity and facilitate proper protection from external contamination. Such aspects drive the global market growth.
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Wipes are the Fastest-Growing Product Type
Wipes are utilized in cleanroom environments for varied purposes. The characteristics of wipes evaluated for different applications include softness, chemical resistance, particle emission, dry cleaning, etc. The essential base types are cellulose, polyester, nylon, cotton, polyurethane foam, microfiber, etc.
Cotton wipes are heat resistant with neutral static charge, acid & solvent resistant, and adequately absorbent. Polyester cellulose wipes emit fewer particles, and are absorbent. Wipes are used in the cleanroom for maintenance and protection, absorbing spills, and cleaning sensitive equipment and lab apparatus.
Asia-Pacific is the Fastest & Dominating Region
Like Taiwan, Japan, and South Korea, several countries of the region are major semiconductor hubs. In countries like China, the electronic and semiconductor industries are projected to record significant growth. These industries entail high standards and requirements for cleanrooms, which impacts the demand for the market studied. Besides, the developing healthcare infrastructure and growing implementation of technologies propel market growth.
The industrial rivalry among vendors in the market is high, with end-users in the pharmaceutical, medical, and food & beverage industries expanding their product portfolio with an extensive range of formulations. Kimberly-Clark Corporation, Contec Inc, E I Du Pont De Nemours and Company, Aramark, Berkshire Corporation, etc., are among the market's prominent players.
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