Cleanroom Technology Market to Extent an Assessed Value of US$ 4,290.1 Million by the End of 2020

North America is the largest segment in the global cleanroom technology market.

Logo

New York, NY -- (SBWire) -- 12/08/2016 --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.

Request to view Table of Content @ http://www.persistencemarketresearch.com/market-research/cleanroom-technology-market/toc

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%.

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.

Request to view Sample Report @ http://www.persistencemarketresearch.com/samples/3143

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.

About Persistence Market Research
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

PMR stands committed to bringing more accuracy and speed to clients' business decisions. From ready-to-purchase market research reports to customized research solutions, PMR's engagement models are highly flexible without compromising on its deep-seated research values.

Media Relations Contact

Rahul Singh
Marketing Manager
Persistence Market Research Pvt Ltd
800-961-0353
http://www.persistencemarketresearch.com/market-research/cleanroom-technology-market.asp

View this press release online at: http://rwire.com/749261