openPR Logo
Press release

Cleanroom Consumables Market Set To Surge Significantly During 2023

01-08-2018 06:14 AM CET | Health & Medicine

Press release from: Transparency Market Research

Cleanroom Consumables Market Set To Surge Significantly During

A fragmented cleanroom consumables market awaits all new entrants who wish to stake their claim here. The top three companies - Kimberly-Clark Corporation, Texwipe, and Nitritex Ltd. - had a collective share of 36% in the value of the global cleanroom consumables market in 2014.

The existence of a large number of key global players as well as regional ones has kept the threat of new entrants at a low level, according to a recent publication by Transparency Market Research. New entrants will also have to face high investment capital and stringent regulatory restrictions, further lowering their threat to the current market.

The Global Market For Cleanroom Consumables is expected to progress at a CAGR of 4.76% within a forecast period from 2015 to 2023. By the end of 2016, this market is expected to reach a valuation of US$2.21 bn and by the end of 2023, a valuation of US$3.04 bn.

Request to View Brochure of Report -

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3995

Cleanroom Consumables Manufacturers Shift Focus to APAC

By the end of 2023, North America is expected to take up 34% of the cleanroom consumables market in terms of value. Europe follows suit and both regions show a very similar hold over the market when compared to their 2014 shares. This is because both regions have already had many advancements in cleanroom consumables and the regional markets as of now are matured. Their growth rate is sluggish and the demand is steadily stagnating.

As opposed to that, Asia Pacific is showing a highly robust growth rate till 2023, owing to a fast developing healthcare industry, the growing geriatric population, and the rising prevalence of obesity and chronic diseases.

Gloves are expected to not only be the leading product segment in cleanroom consumables in the near future, but also leading in growth rate. Between 2015 and 2023, the revenue generation from gloves in cleanroom consumables is expected to progress at a CAGR of 5.65%.

The biotechnology industry is expected to be the leading application segment for cleanroom consumables, reaching just over US$1 bn by the end of 2023.

Nanotechnology Opens Broader Scope for Cleanroom Consumables

“The introduction of sustainable nanotechnology to the healthcare and pharmaceutical industries has certainly sped things up over the past few years,” states a TMR analyst. He adds, “Manufacturers of medical devices and CMOs have sprung up in numbers over the past decade to supplement the giant growth in demand for these advanced devices. Consequently, their demand for cleanrooms to manufacture the said devices has increased considerably.”

This has been a key driver for the increase in production of cleanroom consumables and is expected to continue being one for the coming years. Similar increase in demands have also been witnessed from the biological drugs industry, where the growing popularity of biological drugs to treat chronic illnesses is creating a greater demand for cleanrooms from biological drug makers.

Request to View Sample of Report -

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3995

Regulatory Complications Restrain International Cleanroom Consumables Trade

While the presence of high regulatory standards is pushing manufacturers to create top quality cleanroom consumables, the high level of differentiation of regulations and mandatory functions between regions is severely hindering the trading of cleanroom consumables on an international level.

To mitigate the massive drop in trade quality and trade cost of cleanroom consumables, manufacturers have to enter long term contracts to maintain profits.

“When it comes to future prospects, the answer that globally prominent cleanroom consumables makers seek will lie in Asia Pacific. Setting up manufacturing plants in this region is easier for players with a global reach,” adds the TMR analyst. The focus shift from developed economies to developing ones, especially towards the key countries in Asia Pacific, is therefore a major driver for the producers of cleanroom consumables.

Purchase this Report @

https://www.transparencymarketresearch.com/checkout.php?rep_id=3995<ype=S

About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cleanroom Consumables Market Set To Surge Significantly During 2023 here

News-ID: 888523 • Views: 184

More Releases from Transparency Market Research

Pre-Printed Paper Rolls Market Demand Analysis and Projected huge Growth by 2027
Pre-printed paper rolls can be a powerful marketing tool for any business. In addition to these pre-printed paper rolls can be used for several applications such as labels, tapes, QR codes, etc. Pre-printed paper rolls are cost-effective and form a brand impression on consumers. Pre-printed paper rolls can be printed in many colors. They are colorful and appealing and are not like ordinary papers. For More Detailed Analysis, Request PDF
Duffle Top Bulk Bags Market Generates Huge Revenue Till 2027- Study By Key Playe …
Duffle top bulk bags made from plastic last long and are highly durable. Duffle top bulk bags are flexible and are strong to carry heavy loads. They have lift straps fixed at the top of the bag, which helps in handling and movement of duffle top bulk bags. Duffle top bulk bags can be of various types, which include opening from the bottom or opening from top. They are lightweight
Multi-Dose Packaging System Market Demand & Future Scope Including Top Players
Medicinal wastage and error in taking proper medication lead to need for multi-dose packaging system. Multi-dose packaging system has various benefits, which includes assisting patients with complicated prescription routines and the ability to enhance patient safety. It provides high-quality, smart packaging and also provides convenience to the patients. Multi-dose packaging system provides consumers with product protection, quality, and patient comfort. It has normal handling, and the formulation present in the
Cargo Belt Market 2020 Growth Rate, Developments in Major Areas, Market Size, Dy …
Globalization leads to the need for transportation of goods over the longer distance. This will drive the demand for cargo belts in the logistics & transportation industry. During the transportation of goods, about one-fourth of the accidents occurred due to poor handling of goods, which can be avoided by using the cargo belt. They are used in light and heavy lorries, trailers trucks, ships, and air crafts. Request PDF Sample For

All 5 Releases


More Releases for Cleanroom

Global Cleanroom Air Filter Market
Global Cleanroom Air Filter Market Overview: Global cleanroom air filter market forecast identifies that the increasing application of cleanroom air filters in nanotechnology will be one of the primary drivers for the market growth till 2025. Nanotechnology involves the creation and use of materials, devices, and systems by employing matter on a scale of 100 nanometers. The manufacture of these minuscule products must be handled without any human intervention to prevent
Cleanroom Monitoring Systems Keep Pharma Data Secure
Delphin Technology Offers Secure Data Acquisition Continuous and secure data acquisition and documentation is especially important in the pharmaceutical industry with its unique production and storage requirements, as well as for proprietary research and development. According to FDA CFR21 Part 11, data acquisition and cleanroom monitoring systems must operate in compliance with GAMP/GMP guidelines. For effective monitoring, measurement data and limit values for parameters such as Temperature, Humidity, Particle count and
Cleanroom Technology Market Cleanroom Technology Market 2014-2020
The global cleanroom technology market was valued at USD 3,156.0 million in 2014 and is expected to grow at a CAGR of 5.2% from 2014 to 2020 to reach an estimated value of USD 4,290.1 million by 2020. Cleanroom refers to an enclosed space constructed in such a manner so as to control the concentration of airborne particles such as particulates (dust, hair), chemicals (oil, grease), microorganisms (bacteria, fungus), and radiations.
How to Establish a Cleanroom Monitoring Plan
Identify and Help Prevent Risks in Hospital & Pharma Cleanrooms Many hospital and pharmaceutical technicians know that they need to establish an environmental monitoring plan/regime for their cleanroom, but CDC regulations are many and varied. How do you tie together the many different requirements to monitor, alarm and document the data? If you work in a cleanroom monitoring application such as a product fill cleanroom, in non-sterile manufacturing, or in a medical
Healthcare Cleanroom Consumables Market | Analysis & Trends 2023
The demand for healthcare cleanroom consumables has increased rapidly in the recent past. As cleanroom consumables assist in keeping levels of pollutants such as chemical vapors, dust, and microorganisms low in production facilities of drugs and medical devices, they are witnessing widespread application in various verticals of the healthcare industry. Analysts at TMR expect this demand remain increasing over the next few years. According to TMR, the opportunity in healthcare cleanroom
Cleanroom Technologies Market Forecast to 2022
The objective of this report is to describe the market trends and revenue forecasts for the cleanroom technologies market for the next five years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends. The report tracks the