New York, June 22, 2015 (GLOBE NEWSWIRE) -- According to a new market report published by Persistence Market Research titled "Global Market Study on Cleanroom Technology: Consumables to Witness Highest Growth by 2020", the global cleanroom technology market was valued at USD 3,156.0 million in 2014 and is expected to grow at a CAGR of 5.2% from 2014 to 2020 to reach an estimated value of USD 4,290.1 million by 2020.
Browse the Full Report With TOC at http://www.persistencemarketresearch.com/market-research/cleanroom-technology-market.asp
Cleanroom refers to an enclosed space constructed in such a manner so as to control the concentration of airborne particles such as particulates (dust, hair), chemicals (oil, grease), microorganisms (bacteria, fungus), and radiations. Additionally, temperature, humidity, pressure, electrostatic charge, magnetic flux, and other factors in cleanrooms can also be maintained as per the requirement.
Globally, the cleanroom technology market is witnessing significant growth due to growing regulatory concerns regarding the packaging, manufacturing, and processing of better quality products, and safety of the working personnel. Additionally, increasing demand for sterilized pharmaceutical formulations, and development of new biologics and its wide applications in the medical devices industry is driving the growth of the cleanroom technology market. However, factors such as lack of skilled professionals and high cost associated with the setting up and maintenance of cleanrooms are restraining the growth of the global market for cleanroom technology. The global cleanroom technology market was valued at USD 3,156.0 million in 2014 and is expected to reach USD 4,290.1 million by 2020, growing at a CAGR of 5.2%.
Request Sample Report: http://www.persistencemarketresearch.com/samples/3143
North America is the largest segment in the global cleanroom technology market. This is due to technological advancements and growing applications of cleanroom technology in the region. The North American market for cleanroom technology was valued at USD 1,209.3 million in 2014 and is expected to reach USD 1,580.8 million by 2020, growing at a CAGR of 4.6%. In terms of type, cleanroom consumables are the fastest-growing segment. In terms of construction, standard/drywall cleanroom is the largest segment in the global cleanroom technology market. Cleanroom technology has wide applications in the pharmaceutical industry.
Kimberly-Clark Corporation, Illinois Tool Works, Inc., and E.l. Du Pont De Nemours And Company are some of the leading players in the global cleanroom technology market. Some of the other major players in the cleanroom technology market are Azbil Corporation, Taikisha Ltd., Royal Imtech N.V., Ardmac, Ltd., M+W Group, Clean Air Products and Alpiq Group.
Latest PMR Healthcare Reports:
Disposable Plastic Blood Bags Market: http://www.persistencemarketresearch.com/market-research/disposable-plastic-blood-bag-market.asp
Membrane Technology Market: http://www.persistencemarketresearch.com/market-research/membrane-technology-market.asp
E-clinical Solution Software Market: http://www.persistencemarketresearch.com/market-research/e-clinical-solution-market.asp
The cleanroom technology market is segmented as follows:
Cleanroom Technology Market, By Type
Cleanroom Technology Market, By Equipment
- Fan Filter Units (FFU)
- HVAC Systems
- Laminar Air Flow Systems and Biosafety Cabinets
- HEPA Filters
- Air Diffusers and Showers
Cleanroom Technology Market, By Consumables
- Safety Consumables
- Cleaning Consumables
- Vacuum Systems
Cleanroom Technology Market, By Application
- Medical Devices
Cleanroom Technology Market, By Construction
- Standard/Drywall Cleanrooms
- Hardwall Cleanrooms
- Softwall Cleanrooms
- Terminal Boxes/Pass-Through Cabinets
Cleanroom Technology Market, by Geography
- North America
- Rest of the World
Persistence Market Research (PMR) is an innovative provider of market research reports and consulting services. The three PMR pillars of strength that have helped us win clients for years are: Quality Research, Quick Research, and In-depth Research.
PMR's team of seasoned analysts and consultants are experts in their domain. At PMR, we process complex, exhaustive primary and secondary research data into valuable insight. We understand that each client has a unique problem statement, and address it with our strengths.
CONTACT: Mr. Glen Hare, 305 Broadway,7th Floor New York City, NY 10007 United States USA - Canada Toll-Free: 800-961-0353 Email: email@example.com Web: http://www.persistencemarketresearch.com
Source:Persistence Market Research