Cleanroom Consumables Market in APAC to Worth $9 Billion by 2023 | Arizton

The global cleanroom consumables market is anticipated to reach revenues of more than $16 billion by 2023 and is expected to grow at a CAGR of over 8% during the 2017-2023

Arizton’s recent market research report on the global cleanroom consumables market identifies DuPont, ITW – Texwipe, Kimberly-Clark Corporation, Berkshire Corporation, and Aramark Corporation as the leading vendors that are likely to dominate the market during the forecast period. This research report provides detailed analysis of market 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).

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The cleanroom consumable market is divided into three major segments that consist of by products, end-users, and geography.

APAC to dominate the cleanroom consumables market share during the forecast period

The cleanroom consumables market by geography is segmented into North America, APAC, Europe, MEA, and Latin America.

APAC was the largest geographical segment occupying more than half of the total market share and is projected to grow at a CAGR of close to 10% during 2017-2023

The advent of industrial automation and the growing demand for technological innovations is driving the growth of the cleanroom consumables market in the APAC region. The economic development and rapid urbanization in countries such India and China are attributing to APAC’s market share in the global market. The increase in consumption patterns and exports across industrial, agricultural, and consumer goods segment will augment the growth of the market in APAC. The robust growth of manufacturing industries such as automotive, semiconductor, pharmaceutical, construction, defense, aerospace, and food will have a positive impact on the market in APAC.

Gloves product segment to grow at a considerable CAGR in the cleanroom consumables market during forecast period

The product segment in the cleanroom consumables market is classified 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 gloves are the second largest product segment in the market and are expected to grow at a CAGR of over 9% during the forecast period. Cleanroom gloves are designed to cover hands for preventing particles or fingerprints of clean surfaces. These products find the highest application in industries such as semiconductor, electronics, pharmaceutical, medical, and aviation to prevent and control contamination of clean manufacturing floors. Natural latex rubber gloves and synthetic rubber gloves are the two main sub-categories in the cleanroom consumables market. The prevalence of higher hygiene standards and increasing emphasis on the quality of products will create a demand for these products across various industries in the global market.

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Medical industries to grow at an impressive CAGR in cleanroom consumables market during forecast period

The cleanroom consumables market by end-users is divided into electronics and semiconductors, pharmaceuticals, food and beverages, defense and aerospace, medical, automotive, and others (academics, logistics, packaging, biotechnology, and others). The medical sector is the fastest growing end-user segment in the market at a CAGR of more than 10% during the forecast period. The US and countries in the APAC region are largest producers of medical devices and is driving the growth of this segment in the global market. The increase in health awareness and government initiatives to build more hospitals and clinics will transform the healthcare industry and propel the growth of the cleanroom consumables market during the forecast period.

The other prominent players in the cleanroom consumables market are 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.

The complete overview of the latest market research report on cleanroom consumables market by Arizton is now available.

The report also offers a detailed study of major trends, drivers, challenges, and also provides the market size and forecast for major geographical regions and key countries.

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