The latest market report published by Credence Research, Inc. “Global Cleanroom Consumables Market - Market Growth, Future Prospects, Competitive Analysis andPipeline Analysis,2017- 2025,” the global cleanroom consumables market was valued at US$ 1,787.5Mn in 2016, and is expected to reach US$ 2,755Mn by 2025 expanding at a CAGR of 4.8%from 2017to 2025.
Browse the full report Global Cleanroom ConsumablesMarket - Market Growth, Future Prospects, Competitive Analysis, and Pipeline Analysis 2017 – 2025 at http://www.credenceresearch.com/report/cleanroom-consumables-market
The cleanroom consumables helps in the prevention of contamination, maintaining the quality of product, and limiting human exposure. Compulsory regulations have been made by regulatory authorities for the production and packaging of medical and nutraceutical products worldwide. The restraint of the cleanroom consumable market includes increasing raw materials and manufacturing cost. In 2016, the gloves are leading the product type segment due to factors such as its diverse application in hospitals, research and biopharmaceutical industry, they are widely used because they provide good elasticity and comfort. It has few restraints such as latex allergy which includes symptoms such as hives, itching, stuffy or runny nose. Cleanroom apparels will be the fastest growing market of the product type segment throughout the forecast period 2017-2025, majorly due to factors such as increasing demand in nanotechnology industry, as they prevent contaminants from hampering the quality of the product, and also finds application in other industries such as defense and food and beverages. Pharmaceutical and biotechnology industry helds the largest market in the application segment for the base year 2016, as it minimizes human contact and eradicates microbial contamination, the cleanroom consumables are resistant to chemicals, and produce less particulate material. Hospitals will be the fastest growing market in the application segment throughout the forecast period 2017-2025, chiefly due to factors such as rising number of surgeries performed, increasing number of clinics and hospitals leading to more biopsy performed, and protects the healthcare professionals from getting exposed to life-threatening pathogens. The cleanroom consumables market is technologically driven and includes major players such as Kimberly Clark Corporation, Texwipes, Nitritex Ltd., Valuetek, and DuPontetc. in cleanroom consumables market and compete to augment their foothold in the market.
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Key Market Movements:
- Increasing number of R&D centers in pharmaceutical industries and hospitals
- Rising number of contagious diseases and growing demand to eradicate microbial contamination
- Supportive regulatory approval for cleanroom consumables products
- Technological innovation to manufacture consumables of organic and biodegradable source to prevent environmental biohazards
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