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The global Cleanroom Consumables Market is estimated to be valued at US$ 10919.28 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The cleanroom consumables market comprises protective clothing, cleaning products, adhesive tape, and others. Protective clothing includes coveralls, frocks, sleeves, boots, and houserobes used inside cleanrooms in biotechnology and pharmaceutical industries. Cleaning products such as disinfectants, detergents, cleaning wipes, and Vacuum cleaning system are used to maintain cleanliness and prevent microbial growth. Adhesive tapes are used to create and maintain critical ISO classified cleanroom environments. Market Dynamics: The growing demand for biologics and biosimilars is propelling the growth of cleanroom consumables market. Biopharmaceutical sales have increased significantly which positively impacts the cleanroom consumables market. For instance, according to European Federation of Pharmaceutical Industries and Associations (EFPIA) report 2021, the biopharmaceutical industry employs over 671,000 people in Europe and sales of biopharmaceutical medicines have grown annually at around 7% since 2010, reaching €214 billion in 2020. Additionally, rising R&D expenditure for drug development provide new opportunities and drive innovation in biopharmaceuticals which require strict cleanroom consumables for production process. For example, total global R&D spending by biopharmaceutical companies reached $92 billion in 2018 according to Pharmaceutical Research and Manufacturers of America (PhRMA) report 2019. Segment Analysis The global cleanroom consumables market is dominated by the particle contro segment. This segment captures over 40% of the overall market share due to strict regulations surrounding contamination control and prevention of cross-contamination in various industries such as pharmaceuticals, medical devices, and semiconductors. The particle control consumables help maintain controlled environments and comply with quality standards that are vital for manufacturing sterile and contaminant-free products. PEST Analysis Political: Regulations regarding workplace safety and hygiene have been strengthening across many countries. stringent regulations are driving greater adoption of cleanroom consumables in industries like pharmaceuticals, medical devices etc. Economic: Growth of end-user industries like pharmaceuticals and semiconductors coupled with rising healthcare spending is fueling market growth. Social: Increasing public awareness about health and hygiene is positively impacting the market. The need to prevent contamination and ensure quality of products is rising. Technological: Advancements in fabrics and particle detection technologies have enhanced product functionality. Smart air showers and laser-based particle counters are gaining traction. Key Takeaways The Global Cleanroom Consumables Market Size is expected to witness high growth, exhibiting CAGR of 5.8% over the forecast period, due to increasing stringency of regulatory guidelines pertaining to contamination control in critical industries. The North America region accounts for over 35% of the global market share currently due to strong presence of end-use industries in the US and Canada. Asia Pacific is expected to witness fastest growth through 2030 on back of rising pharmaceutical manufacturing in China and India. Key players operating in the cleanroom consumables are 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. These players are focusing on new product launches, mergers, and capacity expansions to strengthen their market position. Get more insights on this topic: https://www.rapidwebwire.com/cleanroom-consumables-market-is-estimated-to-witness-high-growth-owing-to-growing-need-for-improved-quality-in-manufacturing-processes/
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