Global Cleanroom Technology Market Outlook 2016-2024 | Insights, Trends, Demand & Compitetors Analysis
Zero contamination, enhanced product folio, customized solutions, superior image, and compliance with government regulations, flexibility in construction & cost effectivenessare the major factor fuelling the growth of cleanroom technology market. In 2016, global cleanroom technology market size reached USD 3.5 billion and market is estimated to grow at a CAGR of 5.67% and is expected to reach the valuation of USD 5.4 billion by 2024. In terms of cleanroom technology type, cleanroom consumables are expected to witness the highest growth rate of 5.4%overthe forecast period. On the basis of end-user, semi-conductor manufacturing industry is projected to witness a very high relative CAGR over forecast years owing to enhanced product portfolio and sophisticated mode of operation of cleanroom technology. On the back of emerging healthcare industry in Asia Pacific and Latin America region, before mentioned regions are anticipated to project highest growth rate in the upcoming future. eLiquid and eCigarette manufacturing industry are largely unobstructed till now and there were requirements imposed on the control of the environment in which these products were manufactured. However with the evolving epoch the World Health Organisation (WHO), the Food & Drug Administration (FDA), and the EU instigate the legislation to improve modulation of the industry and safeguard better control over the manufacture, labeling and sale of e-Liquid products.The cleanrooms deliver controlled environment to manufacture e-Liquid products and provide an ideal solution to eLiquid, e-Cigarette, e-Juice manufacturers, also these can be tailored according to the demand of the buyer and can advance multiple features found in bigger cleanrooms like fan-filter units, LED lighting, pass-through chambers.
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