Cleanroom Technology Market – Global Size, Analysis and Forecast To 2024 | M+W Group GmbH, Illinois Tool Works Inc


Posted June 26, 2020 by vynzresearch63

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Cleanroom technology is used to create a given contained space with reduced particulate contamination while maintaining other environmental parameters of temperature, pressure and humidity. These are used by industries to render their products free from adverse effects of small particles during its manufacturing process. Global cleanroom technology market was projected at USD 3,602.5 million in 2017. The cleanroom technology market is segmented into products, construction, end user, and geography. Among the available product categories, the consumables lead the global cleanroom technology market in 2017.

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The rising demand of technologically advanced cleanroom products, with increasing industry preference to certified products are the primary factors to drive the growth of the global cleanroom technology market. The rise in prevalence of infectious diseases, particularly in developing economies requires adoption of cleanroom technology, which is projected to drive the growth of the market in the future. Moreover, the growth of sterilized pharmaceutical products and rise in demand of cleanroom technology solutions in various industrial practices are factors that will drive the growth of the market.

The compliance with stringent government regulations with respect to cleanroom technology solutions is another driving force to the growth of the market. The key players in order to meet the varying requirements of their diverse customer base, offer customized solutions of cleanrooms, that provides ample opportunity to the manufacturers to expand their customer base and also favors the industrial growth, globally.

North American cleanroom technology market held the largest share of 38.4% in 2017, majorly due to factors such as rise in adoption rate of cleanroom technology solutions, compliance with government regulations for cleanroom, presence of several major players in the region.

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Key players of the global cleanroom technology market include E.I. du Pont de Nemours and Company, M+W Group GmbH, Illinois Tool Works Inc., Ardmac Ltd., Kimberly-Clark Corporation, Azbil Corporation, Taikisha Ltd., Clean Air Products Inc., and Alpiq Group.

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Last Updated June 26, 2020