Cleanroom Technology Market to Witness Strong Growth Over 2020-2027


Posted April 26, 2021 by mrunalnerkar

Cleanroom refers to an enclosed space that is maintained to reduce the contamination in processes that are carried out in it.
 
Cleanroom refers to an enclosed space that is maintained to reduce the contamination in processes that are carried out in it. It may be used for manufacturing medical goods or for research and development purposes. Various equipment used to maintain these environmental conditions in the cleanroom include high-efficiency particulate arrestance (HEPA) filters, fan filter units, heating, ventilation and air conditioning (HVAC) systems, air diffusers and showers, laminar air flow systems, and bio-safety cabinets.
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Statistics:
The global cleanroom technologies market is estimated to account for US$ 5,828.7 Bn in terms of value by the end of 2027.
Global Cleanroom Technologies Market: Drivers
Increasing number of cleanroom facilities is expected to propel growth of the global cleanroom technologies market over the forecast period. For instance, in July 2020, Sorrel Medical, a developer and manufacturer of wearable drug delivery devices, started a new manufacturing facility with state-of-the-art cleanroom facilities to accommodate manufacturing scalability of its wearable drug delivery devices.
Moreover, investment in expanding cleanrooms is also expected to aid in growth of the market. For instance, in June 2020, Berkshire Sterile Manufacturing secured US$ 16.5 million in financing to add manufacturing capabilities and double the size of their cleanrooms.
Increasing adoption of cleanrooms in the pharmaceutical sector is expected to boost growth of the market. For instance, in February 2020, Caldic Benelux invested in a third cleanroom, allowing expansion of its pharma capabilities.
Statistics:
North America held dominant position in the global cleanroom technologies market in 2019, accounting for 37.1% share in terms of volume, followed by Europe and Asia Pacific, respectively.
Global Cleanroom Technologies Market: Restraints
Working in cleanrooms is a complex task that requires trained professionals to carry out operations in an effective manner. Professionals working in cleanrooms need to follow certain set of instructions. Moreover, they require proper skills to work and maintain the environmental conditions in cleanrooms. However, lack of experienced professionals, especially in emerging economies is expected to hinder growth of the global cleanroom technologies market.
Statistics:
The global cleanroom technologies market was valued at US$ 4,070.3 Bn in 2019 and is forecast to reach a value of US$ 5,828.7 Bn by 2027 at a CAGR of 4.5% between 2020 and 2027.
Market Trends/Key Takeaways
The market is witnessing increasing preference for cleanrooms-on-demand services. For instance, in July 2020, Editas Medicine, Inc., a genome editing company, partnered with Azzur Cleanrooms on Demand, an Azzur Group company, for current Good Manufacturing Practice (cGMP)-compliant cleanroom space for Editas Medicine in Azzur’s Waltham site.
The market in Europe is driven by increasing adoption of class 7 cleanrooms. In 2020 Connect 2 Cleanrooms were chosen to build a 50 sqm project for a UK-based medical collagen company.
Major players in the market are focused on manufacturing ventilators in order to support during Covid-19. For instance, in March 2020, Connect 2 Cleanrooms, the U.K.-based cleanroom design and build specialist, announced to support new cleanroom commissions for the manufacture of ventilators in order to help fight any anticipated shortages.
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Global Cleanroom Technologies Market: Competitive Landscape
Major players operating in the global cleanroom technologies market include, Kimberly-Clark Corporation, DuPont de Nemours, Inc., Azbil Corporation, Taikisha Ltd., Illinois Tool Works, Inc., Ardmac, Ltd., M+W Group, Clean Air Products, Inc., and Alpiq Group.
Global Cleanroom Technologies Market: Key Developments
Major players in the market are focused on expansion of production facilities. For instance, in June 2019, Azbil Corporation completed construction of a 136701 square foot production facility at its main factory near the city of Shonan (Kanagawa prefecture, Japan).
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Issued By Coherent Market Insights
Country United States
Categories Medical
Tags cleanroom technology market , cleanroom technology market forecast
Last Updated April 26, 2021