Cleanroom Technology Market to Hit $3,761.9 Million by 2019 - New Research Report by MarketsandMarkets

The global healthcare cleanroom technology market is broadly categorized by technology, construction, end user, and geography. http://www.marketsandmarkets.com/Market-Reports/cleanroom-technology-market-263122482.html

(PRWEB) November 26, 2014

Pharmaceutical and biotech companies require precise control over temperature, humidity, and pressure levels during manufacturing and research activities, a task in which HVAC (heating, ventilation, and air conditioning) systems play a key role. Changes in temperature can promote the growth of microorganisms or bio-contaminants, while humidity can affect the quality of drugs and also support microbial growth. The use of HVAC systems helps to address these problems and keeps the product and working area free from contamination. HVAC systems use high-efficiency particulate air (HEPA) filters to maintain a flow of filtered air in cleanroom working area.

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Market Forecast Values

Clean room technology the global market value of $2.7269 billion in 2013, the estimated annual compound growth rate of 5.5% over the forecast period of 2014 to 2019. The cleanroom technology market is fragmented with presence of large number of small and regional players. Majority of the leading market players are based across developed countries such as the U.S. and Germany.

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Healthcare Cleanroom Technology Market Components

HVAC systems for cleanrooms are designed to meet the main considerations of the operation to be carried out, and the major equipment to be used. These systems basically consist of three major components, namely, mechanical room, air handling unit (AHU), and room controls. The air handling unit (AHU) is the most essential component, as it regulates processes including heating, cooling, humidification, dehumidification, ventilation, filtration, and distribution of air.

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Future of Market

The HVAC systems market is expected to grow at a considerable pace due to increased focus on product quality by pharmaceutical and biotech companies. This will increase the uptake of cleanroom technologies. The HVAC systems market is also expected to witness technological growth, as an increasing number of automated and computerized HVAC systems are entering the market. Rising energy costs, and environmental awareness, along with the price-sensitive attitude of customers in fast-growing Asian markets and other emerging countries, may result in a highly competitive HVAC market in the coming years. Furthermore, the presence of international, domestic, and unorganized players in the HVAC systems market will also increase competitiveness in this market.

With more than 50 years in the market, ITW, Inc. (U.S.) has a significant presence in the cleanrooms industry. It has its operations in around 56 countries, across the globe, and offers cleanroom consumables and specializes in manufacturing cleanroom wipes for all the industry segments with Texwipe, a brand owned by ITW which is a well-established brand in the cleanroom industry. On the other hand, Kimberly-Clark Corporation (U.S.) is one of the leading providers of cleanroom consumables. The company majorly supplies protective cleanroom garments and wipes and has a significant presence in the cleanroom gloves market, which is the largest segment of the cleanroom safety consumables market. Its strong global presence with operations in around 175 countries helps it cater to the demand for cleanroom consumables across the globe. E.I. DuPont De Nemours and Company (U.S.), another major player in this market has an efficient cleanroom fabric product portfolio which leads the company to stand as one of the leading cleanroom providers in the global cleanroom technology market.

During 2011 to 2014, a majority of the leading market players followed new product launches as a key growth strategy, mainly to expand their cleanroom product offering. The key players who adopted this strategy were E.I. du Pont de Nemours and Company (U.S.), Azbil Corporation (Japan), and Illinois Tool Works, Inc. (U.S.).

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For the original version on PRWeb visit: http://www.prweb.com/releases/cleanroom-technology/market/prweb12338287.htm