Coherent Market Insights

Cleanroom Consumables Market to Surpass US$ 14,474.8 Million by 2028

Cleanroom Consumables Market to Surpass US$ 14,474.8 Million by 2028 - Coherent Market Insights

Publish In: Mar 03, 2022

Global Cleanroom Consumables Market, by Product Type (Cleanroom Apparel (Coveralls, Frocks, Shoecovers, Bouffants, Sleeves, Pants, Face mask, and Hoods), Cleaning Products (Cleanroom Mops, Buckets, Wringers, Cleaning Chemicals, and Others (Squeezes and Validation Swabs), Cleanroom Stationery (Papers, Notebooks, Adhesive Pads, Binders, and Others (Clipboards and Labels), Wipers (Dry and Wet), Gloves, and Adhesive Mats), by End User (Hospitals and Clinics , Research Laboratories, Pharmaceutical Industry, Biotechnological Industry, Medical Device Industry, Electronic Industry, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 9,754.9 Mn in 2021 and is expected to exhibit a CAGR of 5.8% during the forecast period (2021-2028), as highlighted in a new report published by Coherent Market Insights.

Increasing research and development expenditure of market players, organizations, and countries is expected to boost the demand for cleanroom consumables, thereby driving the market growth over the forecast period. According to the Congressional Research Service Report April 2020, the total global R&D expenditure has increased by three folds, which was US$ 676 billion in 2000 and increased to US$ 2.0 trillion in 2018.

Global Cleanroom Consumables Market – Impact of Coronavirus (COVID-19) Pandemic

The coronavirus (COVID-19) outbreak was first reported on December 31, 2019 in Wuhan, China. The World Health Organization (WHO) declared the COVID-19 a pandemic on March 11, 2020. However, the demand for cleanroom consumables is expected to remain high in the near future. Due to the COVID-19 impact, cleanroom consumables are experiencing increasing demand across the world. Products such as surgical masks, goggles, gloves, and gowns are in high demand.

The global pharmaceutical sector is also experiencing a high demand for cleanroom consumables due to the COVID-led situation. Lockdown was imposed in many countries which had a negative impact on the economy of the private healthcare sector globally. It has resulted in the closure of industrial establishments, except manufacturing of essential commodities, and disruption in the supply chain. The economy has been severely impacted by the pandemic, as it continues to directly affect the production and demand, disrupt distribution channels, and cause financial impact on firms and markets. On the other hand, the pandemic has led to a rise in the price of personal protective equipment (PPE) by 100-200%, especially those needed to protect frontline health workers.

Browse 33 Market Data Tables and 33 Figures spread through 205 Pages and in-depth TOC on “Global Cleanroom Consumables Market” - Forecast to 2028, Global Cleanroom Consumables Market, by Product Type (Cleanroom Apparel (Coveralls, Frocks, Shoecovers, Bouffants, Sleeves, Pants, Face mask, and Hoods), Cleaning Products (Cleanroom Mops, Buckets, Wringers, Cleaning Chemicals, and Others (Squeezes and Validation Swabs), Cleanroom Stationery (Papers, Notebooks, Adhesive Pads, Binders, and Others (Clipboards and Labels), Wipers (Dry and Wet), Gloves, and Adhesive Mats), by End User (Hospitals and Clinics , Research Laboratories, Pharmaceutical Industry, Biotechnological Industry, Medical Device Industry, Electronic Industry, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/cleanroom-consumables-market-4314

Key players in the global cleanroom consumables market are more focused on the production of innovative devices, research and development, and funding partnerships which are expected to drive the market growth during the forecast period. For instance, in August 2017, Avantor Inc., a chemicals and materials company, opened a new research center in Bridgewater, New Jersey (U.S.) to support biopharmaceutical and pharmaceutical customers with a full range of upstream and downstream processes. In April 2021, Avantor Inc. announced that it will double its cleanroom space.

Key Takeaways of the Global Cleanroom Consumables Market:

  • The global cleanroom consumables market is expected to exhibit a CAGR of 5.8% during the forecast period, due to rising product launches and approvals. For instance, in May 2021, Thermo Fisher Scientific, an American supplier of reagents, scientific instrumentation, consumables, and software services, announced the launch of its first-ever GMP- and cleanroom-compatible CO2 incubator. It combines optimal cell growth capabilities with cleanroom compatibility effectively.
  • Among end users, pharmaceutical industry accounted for the largest share in the global cleanroom consumables market in 2021. In April 2018, Ecolab Inc., a medical technology company, launched Life Sciences cleanroom program in North America. The program is developed specifically for pharmaceutical manufacturers, wherein the company provides cleaning and disinfection services for both sterile and non-sterile applications.
  • Among regions, North America accounted for the largest share in the global cleanroom consumables market in 2021. For instance, in July 2020, Contec, Inc., a leading manufacturer of cleanroom supplies including wipes, mops, and disinfectants for critical cleaning in controlled environments, launched Green Cleanroom Wipe and CyQuanol Sterile. CyQuanol is an EPA (Environmental Protection Agency)-registered ready-to-use, intermediate disinfectant.
  • Major players operating in the global cleanroom consumables market include Berkshire Corporation, Kimberly-Clark Corporation, Contec, Inc., DuPont, Ansell Ltd., Illinois Tool Works Inc., Thermo Fisher Scientific Inc., Valutek Inc., Steris, Avantor, Inc., and KM Purely.

 

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