Asia Pacific Cleanroom Technology Market is expected to reach US$ 1,861.10 Million by 2028

PRESS RELEASE BY The Insight Partners 11 Feb 2022

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The consumable segment by type is estimated to lead the market growth during the forecast period.

According to The Insight Partners market research study of “Asia Pacific Cleanroom Technology Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Type, Construction Type, End User and Country.” The Asia Pacific cleanroom technology market is expected to reach US$ 1,861.10 million by 2028 from US$ 1,106.39 million in 2021; it is estimated to grow at a CAGR of 7.7% from 2021 to 2028. The report highlights trends prevailing in the Asia Pacific cleanroom technology market and the factors driving market along with those that act as hindrances.

The low stringency of regulatory policies, increasing number of pharmaceutical companies, and government initiatives to boost local manufacturing make emerging economies in Asia attractive markets for the cleanroom technologies market players. In March 2021, Sai Life Sciences, one of India’s fastest-growing contract development and manufacturing company’s (CDMOs), opened a new Clean Room block at its cGMP API & Intermediate Manufacturing campus in Bidar, India. Increasing investments by international players in technological advancements are further opening growth avenues for the pharmaceuticals market in developing economies of Asia Pacific. In September 2021, Cytiva announced its plan to invest US$ 200 million in the expansion of its production facilities and the establishment of world-class facilities to serve customers in China and other Asia Pacific countries. This development is a part of its investment plan worth US$ 1.5 billion, aimed at enhancing supply chains for the fast-developing life sciences industry. Apart from this, many pharmaceutical companies are shifting their active pharmaceutical ingredient and generic drugs manufacturing industries to emerging economies such as Malaysia, South Korea, China, and India. This opens new doors of opportunities for the cleanroom consumable industry. Moreover, significant investments in generic drug development owing to the expiry of blockbuster drug patents in the coming years are bolstering the demand for cleanroom market products, including equipment and consumables.

Countries in Asia Pacific are facing challenges due to the elevating cases of COVID-19. The pandemic has put major pressure on the health systems of many countries in the region. The restrictions imposed by countries in response to the outbreak have impacted ongoing clinical research. However, with the relaxation in these restrictions in 2021, the research activities have started gaining momentum. However, the impact of the pandemic has been mixed in many areas; the medical device industry has experienced both ups and downs with the elevated demand for the units of critical equipment such as ventilators, respiratory devices, surgical masks, goggles, gloves, and gowns. Moreover, the demand for cleanroom consumables has also been rising in the region. Pharmaceutical companies need to follow strict cleanroom practices while manufacturing products, which augments the demand for cleanroom consumables in this industry.

The Asia Pacific cleanroom technology market, by type, is segmented into equipment and consumables. The equipment type segment is further segmented into HVAC systems, high efficiency filters, fan filter units, laminar air flow systems, cleanroom air showers and desiccator cabinets. The consumables type is further sub-segmented into gloves, apparels, wipes, disinfectants, vacuum systems and others. The Asia Pacific cleanroom technology market, based on construction type, is segmented into standard cleanrooms, hardwall cleanrooms, softwall cleanrooms, and pass-through cabinets. The Asia Pacific cleanroom technology market, by end user, is segmented into pharmaceutical industry, biotechnology industry, medical device manufacturers, hospitals, and others. Geographically, the Asia Pacific cleanroom technology market is sub-segmented into Japan, China, India, Australia, South Korea and Rest of APAC.

Taikisha Ltd, Kimberly-Clark Corporation, E. I. DU PONT DE NEMOURS AND COMPANY, Azbil Corporation, Illinois Tool Works Inc., Alpiq Holding AG, Clean Air Products and M+W Group are among the leading companies operating in the Asia Pacific cleanroom technology market.

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