Investment Opportunities in Cleanroom Consumables Industry: To Witness Rapid Growth Worldwide

A cleanroom refers to a specially designed place bearing a controlled environment. It can regulate the air distribution, air supply, construction or manufacturing material, and other processes to avoid the presence of airborne particles. Cleanrooms are widely used across the globe in research and development and in manufacturing applications across diverse sectors such as pharmaceuticals, aerospace, life sciences, and electronics and semiconductors.

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In 2014, the global cleanroom consumables market was worth US$7.64 bn and is anticipated to reach a valuation of US$11.31 bn by the end of 2023. The market is expected to register a 4.40% CAGR between 2015 and 2023.

The growing demand for modular cleanroom systems is expected to boost the demand for cleanroom consumables market in the next few years. In addition, the relatively new concept of mobile cleanrooms is estimated to create appreciable opportunities for market players. However, the increasing raw material prices are hampering the growth of the market.

Increasing Demand for Semiconductors to Stir up Demand for Cleanroom Consumables in Electronics Industry

The global market for cleanroom consumables can be divided on the basis of application into pharmaceutical and biologics, biotechnology, electronics, medical devices, aerospace and defense, and others (automotive and academics). In 2014, the electronics and pharmaceuticals and biologics segments collectively accounted for the largest share in the global cleanroom consumables market. The rapid growth of the electronics segment can be attributed to the increasing demand for solar-panel assembly, semiconductors, and testing operations.

On the other hand, the manufacturing of active pharmaceutical ingredients (API) and generic drugs, particularly in Japan, India, Singapore, China, Taiwan, and Australia are the major factors responsible for the substantial demand for cleanroom consumables in the pharmaceuticals and biologics segment in the last few years. Furthermore, the biotechnology segment is projected to witness rapid growth in the near future.

By product type, the global market for cleanroom consumables can be segmented into adhesive mats, cleanroom apparel, cleaning products, gloves, cleanroom stationery, and wipers. In 2014, the gloves segment accounted for the largest share in the overall market. In the same year, the cleanroom apparel segment held the second position in the overall market.

Rapid Urbanization to Drive Asia Pacific Cleanroom Consumables Market

The global market for cleanroom consumables can be classified on the basis of geography into Europe, Asia Pacific, North America, and Rest of the World. In 2014, Asia Pacific accounted for the largest share in the global market for cleanroom consumables. This region is expected to continue in its leading position, exhibiting a high growth rate in the next few years. A high number of cleanrooms in existence and many new ones being established are fueling the growth of the market. In addition, rapid urbanization and increasing disposable incomes are some of the other factors projected to boost the demand for cleanroom consumables in the Asia Pacific region in the near future.

The prominent players operating in the global market for cleanroom consumables are Nitritex Ltd., KM Corporation, Valutek, Kimberly-Clark Corporation, Texwipe, Micronclean (skegness) Ltd., Cantel Medical, Thermo Fisher Scientific, Contec, Inc., Micronova Manufacturing, Inc., DuPont, and Berkshire Corporation.

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