August 27, 2021
According to the business intelligence report titled ‘Global Cleanroom Consumables Market 2021-2028’, available with Market Study Report, global cleanroom consumables market is projected to grow at an annual rate of 9.84% between 2021-2028.
Surging demand from healthcare vertical, and growing need for quality control in manufacturing sector are the key growth stimulants for global cleanroom consumables market. Furthermore, implementation of stringent cleanroom standards will facilitate revenue inflow in this domain.
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While increasing efforts by the European Union for strengthen semiconductor sector in the region and rising demand from food processing sector will aid industry growth, fluctuating raw material prices, and cyclical nature of semiconductor industry will act as challenges for businesses operating in this market.
The report studies the market exhaustively by sub-dividing it into segments. Statistical information including market share and growth rate estimates of each segment over the analysis period are incorporated as well.
Based on product gamut, global cleanroom consumables market is divided into face shield/ face masks, footwear, hoods, gloves, gown/ overalls & aprons, wipes, cleanroom packaging, and disinfectants & cleaning products. Speaking of end user spectrum, the industry is bifurcated into pharmaceuticals, electronics & semiconductor, food & beverages, medical, defense & aerospace, automotive, medical, and others.
From regional frame of reference, Asia Pacific cleanroom consumables industry is estimated to witness significant expansion between 2021-2028, due to entry of pharmaceutical companies in developing economies because of availability of skilled labor, and low production costs. Strong potential for CROs in developing countries like India will also contribute to the market share.
Key players formulating the competitive landscape of worldwide cleanroom consumables market are Aramark Corporation, Mar Cor Purification Inc., Berkshire Corporation, Valutek Technologies Private Limited, Contec Inc., Kimberly-Clark Corporation, DuPont de Nemours Inc., Helapet Limited, ITW Texwipe, Nitritex Ltd., Cardinal Health Inc., and Superior Cleanroom Products LLC.
These companies have been making strategic decisions such as mergers & acquisitions, product launches, collaborations, partnerships, and investments in R&D activities to enlarge their profit margins and strengthen their foothold in this business domain.