Savvy companies in the global cleanroom consumables market are vying for mergers and acquisitions to expand their geographical outreach. This is serving to be an effective growth strategy for new players seeking to establish themselves in this crowded market. For example, in February 2017, Australia based Ansell acquired Nitritex Limited. Following the acquisition, the former obtained ownership of Nitritex’s flagship cleanroom and life science consumable products. The acquisition also expands the distribution network of Ansell to over 60 countries where Nitritex Limited has presence.
The global cleanroom consumables market stood at a valuation of US$9,000 mn in 2017, and is expected to be worth US$13,000 mn by 2026 at a CAGR of 5% between 2018 and 2026. According to a report published by Transparency Market Research (TMR).
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Coverall Apparel Product Segment witnesses Maximum Demand
Among the various cleanroom consumable products, cleanroom apparels account for the leading share in the overall market. Some key cleanroom apparel products are coveralls, boot covers, bouffants, pants, hoods, frocks, shoe covers, sleeves, and face masks. Among them, coveralls find extensive use in medical device manufacturing cleanrooms and biotechnology cleanrooms for complete body protection and minimum contamination. However, pants and frocks also find use depending on the manufacturing process and hazard involved in the end-use industry.
Cleanroom consumables find extensive application across a range of end-use industries. These include electronics, aerospace and defense, medical devices, pharmaceutical and biotechnology, and academics and automotive among others. Among these, the academics and automotive segment is expected to display the leading growth rate in the coming years. Cleanroom consumables find use in the automotive industry for the manufacture of safe and failsafe components.
Exponential Growth of Food & Beverage Industry in Emerging Economies pushes Asia Pacific to fore
The global cleanroom consumables market is spread across North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. Vis-à-vis revenue, in 2017, Asia Pacific held the leading share of the global cleanroom consumables market. Exponential growth of the food and beverage, pharmaceutical, food processing, biotechnology, and medical device industries is fueling the cleanroom consumables market in the region. The increasing implementation of quality standards and emphasis on hygienic practices in the manufacturing sector are stoking the demand for cleanroom consumables in Asia Pacific.
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