The Cleanroom Technology Market To Witness Splendid Growth At The Rate Of 5.2%

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Cleanroom Technology Market
Report Id PMRREP3143 Category Life Science
Healthcare
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The Cleanroom Technology Market To Witness
Splendid Growth At The Rate Of 5.2

• According to a new market report published by
  Persistence Market Research titled Global Market
  Study on Cleanroom Technology Consumables to
  Witness Highest Growth by 2020, 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.
• 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.

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Want to know more about this report
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. 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.
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