Portland, OR, Sept. 01, 2021 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global Cleanroom Consumables Market was estimated at $3.68 billion in 2020 and is expected to hit $6.65 billion by 2030, registering a CAGR of 5.40% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
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Increase in adoption of cleanroom consumables in the pharmaceutical & biotechnology industry, strict regulations by regulatory authorities, increase in health concerns, and upsurge in likelihood of epidemic or pandemic outbreaks drive the growth of the global cleanroom consumables market. On the other hand, emergence of stringent regulatory norms and environmental biohazard owing to disposable cleanroom consumables impede the growth to some extent. However, several growth opportunities in emerging markets are expected to be beneficial to the market growth.
- The rise in need to keep up a contamination-free environment while collecting samples of COVID-19 infected cases has impacted the global cleanroom consumables market positively.
- This trend is quite likely to continue till the virus is completely gone.
The global cleanroom consumables market is analyzed across product, application, end user, and region. Based on product, the cleanroom personal protective products segment held the major share in 2020, garnering more than half of the total market. The same segment would also cite the fastest CAGR of 5.9% during the forecast period.
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By application, the drug manufacturing segment accounted for around three-fourths of the total market revenue in 2020, and is anticipated to retain its dominance by 2030. The same segment would also grow at the fastest CAGR of 5.8% from 2021 to 2030.
Based on region, the market North America contributed to the major share in 2020, holding nearly two-fifths of the global cleanroom consumables market. Asia-Pacific, however, would grow at the fastest CAGR by 7.3% from 2021 to 2030. Other provinces studied in the report include LAMEA and Europe.
The key market players analyzed in the global cleanroom consumables market report include Berkshire Corporation, Valutek Inc., Contec, Inc., Illinois Tool Works Inc. (Texwipe), Kimberly-Clark Corporation, Ansell, Km Corporation, Micronclean, Steris Plc, and Dupont De Nemours, Inc. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.
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