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Cleanroom Technology Market Overview
The cleanroom technology market size in 2016 was calculated at $3.4 billion, and it is further expected to grow at a CAGR of 5.7% in the forecast period (2017–2023).
On the basis of type, the cleanroom technology market is divided into equipment and consumables, of which consumables are predicted to lead the market in terms of CAGR and revenue during the forecast period. These consumables have a negligible maintenance cost, which is the main reason for their growing demand. Cleanrooms also have a range of equipment installed in them.
GLOBAL CLEANROOM TECHNOLOGY MARKET, BY END USER, $M (2013 – 2023)
The cleanroom technology market is categorized into softwall cleanroom, hardwall cleanroom, pass-through cabinets, and standard cleanroom on the basis of construction. Among these categories, hardwall cleanrooms are expected to have the highest CAGR in the forecast period. The reason for this is the fact that hardwall cleanrooms are comparatively easier to install and less expensive.
The major end-users of the cleanroom technology are the medical device, pharmaceutical, and biotechnology industries. In addition to these, academic institutions, hospitals, and research laboratories are some other users of the cleanroom technology. The largest contribution (41.3%) to the cleanroom technology market was made by the pharmaceutical industry in 2016. The biotechnology industry acquired the second-largest share in the global market because of the presence of numerous research laboratories; the worldwide production of drugs has further increased because of an increase in the number of research laboratories.
In terms of geography, North America contributed the most to the market, accounting for a share of 39.8% in 2016. The top three countries that are predicted to contribute the highest revenue to the global cleanroom technology market during the forecast period are Germany, the U.S., and Japan. The rising number of research laboratories and increasing healthcare expenditure are the main reasons for this. The Asia-Pacific (APAC) region, however, is expected to experience the fastest growth in the forecast period.
Cleanroom Technology Market Dynamics
One of the key trends in the cleanroom technology market is modular cleanrooms, which can be installed directly with much less hassle work; therefore, these cleanrooms are experiencing an increase in demand. The installation of modular cleanrooms requires less capital, and conditions including airflow can be regulated in these cleanrooms. The manufacturing process of modular cleanrooms also takes comparatively less time, resulting in their growing popularity. The pharmaceutical, medical, and research industries require modular cleanrooms for a clean environment. The increasing demand for cleanrooms from industries are thus mainly responsible for the growth of the market.
Technological advancements are one of the main factors driving the growth of the cleanroom technology market. Improved cleanrooms help in manufacturing better products with low contamination levels. Advancements in technology make the cleanrooms more proficient, which leads to the growth of the market.
High-efficiency particulate air (HEPA) filters and heating, ventilating, and air conditioning (HVAC) systems have been upgraded to provide better service, thereby resulting in well-maintained cleanrooms. Technological advancements in HEPA filters have made possible better filtration of the environment inside cleanrooms. These filters are able to absorb nano-toxic particles and ensure that the room is decontaminated at a faster pace. Such advancements are projected to increase the use of cleanroom products along with the cleanrooms themselves in various industries such as pharmaceuticals, biotechnology, and medical, which, in turn, driving the cleanroom technology market advance.
Cleanrooms are required to be maintained by trained professionals, who are aware of how to carry out operations inside effectively. The task of maintaining cleanrooms is quite hard, and the industry lacks the number of people needed to achieve it. The growth of the cleanroom technology market is often hindered by the employment of untrained people, who do not have in-depth knowledge about how to use the products in cleanrooms effectively.
Cleanrooms require energy on a huge scale, and it is important for cleanrooms to meet the norms sanctioned by the government. Air change rates (ACR) and real particle generation need to be reduced in order to maintain the controlled environment inside cleanrooms. German VDI 2083 and BS 8568:2013 are two standards which provide detailed guidance for efficient energy consumption for cleanrooms. Other standards, however, generalize the features of cleanrooms and do not go into specific details for different types of cleanrooms. As the cleanliness requirement increases, energy consumption by cleanrooms grows as well. This factor needs to be reduced, and thus, it creates an opportunity for cleanroom technology market players to invest in energy-efficient cleanrooms.
Cleanroom Technology Market Competitive Landscape
To further the growth of the cleanroom technology market, companies are engaging in partnerships. For example, Azbil Corporation and Shanghai Petrochemical Investment & Development Co. Ltd. agreed to extend their joint venture for a period of 10 years in May 2015. Similarly, in February 2015, Stony Brook and ITW Pillar Technologies started working together. Stony Brooks, being a company that provides anti-counterfeiting technology, will be able to develop tamper-proof induction sealing solutions, which will be safe from counterfeiting and adulteration, by joining forces with ITW Pillar Technologies.