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MARKET OUTLOOK
Triton, in its research report, estimates the global cleanroom consumables market to grow with a CAGR of 9.84% in the forecast years between 2021 and 2028.
Factors such as the rising demand from the healthcare industry, coupled with the increased need for quality control in the manufacturing industry, are majorly driving the progress of this market. The implementation of strict cleanroom standards is another major factor influencing this growth. However, this growth process is challenged due to the cyclical nature of the semiconductor market and the volatility in raw material prices, among others.
On the bright side, the European Union’s push for strengthening the semiconductor industry presents multiple opportunities for development. Along with this, the rising demand from the food processing industry, is expected to create new growth avenues in the years to come.
REGIONAL OUTLOOK
The global market for cleanroom consumables covers the regions of North America, Latin America, the Middle East and Africa, the Asia-Pacific, and Europe.
The market in the Asia-Pacific is estimated to exhibit the fastest growth rate in the coming years. Multinational pharmaceutical companies are now stepping into the developing economies in the region, owing to low production costs and the availability of skilled labor. Developing nations like India represent the large, untapped markets for setting up CROs, which are among the major end-users of cleanrooms. This is expected to open up new opportunities for the cleanroom consumables market in the APAC in the forthcoming years.
COMPETITIVE OUTLOOK
Some of the major players present in the cleanroom consumables market include Nitritex Ltd, Berkshire Corporation, Aramark, Cardinal Health, E I Du Pont De Nemours & Company, Valutek, ITW Texwipe, Contec Inc, Mar Cor (Cantel), Helapet, Superior Cleanroom Products LLC, and Kimberly Clark Corporation.
Contec Inc is a leading company manufacturing products for contamination control for mission-critical cleaning purposes, to be used in manufacturing environments around the world. It caters to a range of end-user industries, such as pharmaceutical, biomedical, microelectronics, medical devices, semiconductors, optics, data storage, animal laboratories, aerospace, automotive OEMs, and other critical industrial applications.
The company has an extensive product line for cleanrooms and critical environments, which includes pre-saturated wipes, knitted wipes, woven & nonwoven wipes, sterile & non-sterile wipes, disinfectants & solutions, wall washing systems, mops, swabs, and sponges. Contec has a global business presence, with operations in North America, Europe, and Asia.