Research Report: Global Cleanroom Technology Market | Page 2

The Global Cleanroom Technology Market is valued at USD 3.14 billion in 2016 and is expected to reach a value of USD 4.215 billion by the end of 2022 , growing at a projected CAGR of 4.98 % during the forecast period of 2017 – 2022 . A clean room is a controlled environment , typically used for manufacturing and scientific facilities . It has low levels of pollutants , such as airborne microbes , chemical vapors , dust and aerosol particles . The level of contaminants , in a clean room , are controlled to be exact , which is specified by the number of particles per cubic meter of air of a specific particle size .
Cleanrooms are practically used in every industry where pollutants can affect the manufacturing process , from pharmaceuticals and semiconductor manufacturing to industries where the critical manufacturing process is common , such as aerospace , defense , optics and energy .
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Some of the major drivers for the cleanroom technology market are technological advancements , rise in safety concerns and high healthcare expenditure in the developed regions . Demand for quality products , growing semi-conductor industry ( especially in Asia- Pacific ) and the expansion of pharmaceutical and biotechnological industries are further propelling the demand in this market . However , some of the major challenges for the global cleanroom technology market are the lack of skilled workforce and high costs of installation . The quality of products is foremost essential in this market and maintenance of quality over a long period is challenging . Moreover , the market is also witnessing a change in regulations that are becoming increasingly stringent .
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In terms of equipment , HVAC systems were occupying the major share of the market in 2015 , followed by HEPA & ULPA Filters and Fan Filter Units ( FFUs ). These three segments together comprised of a share , which was close to 60 % in 2015 . In terms of overall clean room technology components , cleanroom consumables are projected to witness the highest growth rate ( of more than 5.3 %) during the forecast period , 2016 - 2021 . By end-user industries , pharmaceuticals and biotechnological industries currently occupy the major share of the market , while semi-conductor manufacturing industry is expected to witness a very high relative CAGR over the next five years .
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