Global Cleanroom Gloves Market Overview to 2026 – Growing Demand for Microelectronics
DUBLIN, October 27, 2021– (COMMERCIAL THREAD)–The “Cleanroom gloves market – Forecasts from 2021 to 2026” report was added to ResearchAndMarkets.com offer.
The cleanroom gloves market is valued at US $ 1.265 billion for the year 2019 and is expected to grow at a CAGR of 7.02% to reach a market size of US $ 2.033 billion by 2026.
Medline Industries, Inc.
Top Glove Corporation Bhd
Kossan Rubber Industries Bhd
Kimberly-Clark Worldwide Inc.
Dia Rubber Co. Ltd.
Asian fiber company
Woojin ACT Co. Ltd.
Riverstone Holdings Ltd.
Careplus Berha Group
UG Healthcare Company
Clean rooms are special facilities for industrial and scientific research and manufacturing. They provide a closed environment that allows the testing and manufacturing of products that can be easily contaminated with small components in the environment.
The demand for cleanroom gloves is expected to increase along with the demand for clean rooms due to increased production of pharmaceutical and microelectronic components around the world. In addition, demand is also expected to increase with increasing investment in research and development in life sciences, biotechnology and semiconductors. In addition, the safety guidelines and regulations in the pharmaceutical and food industry, associated with the growth of these industries, are further expected to stimulate the growth of cleanroom gloves during the evaluation period.
The recent outbreak of the novel coronavirus disease has had a positive impact on the cleanroom gloves market. As travel restrictions have been implemented to curb the spread of the coronavirus, trade in commodities has come to a halt, leading to supply chain disruptions and hence reduced market growth. For example, as Asian countries such as Thailand, Indonesia, Malaysia, among others, are the major manufacturers of natural rubber, cleanroom glove manufacturers around the world have suffered from the trade shutdown because many countries depend on Asia for natural rubber. In addition, the decline of industries such as electronics industry has hampered the growth of the market.
Growing demand for microelectronics
With an increase in the demand for mobile devices, the demand for cleanroom gloves has increased as the electronic components inside new mobile devices are miniaturized with technological advancements. This is expected to lead to an increase in demand for cleanroom gloves during the forecast period as they are widely used when handling microelectronics. According to the ICEA report, India experienced a growth rate of 14.5% in the smartphone market in 2018 with 142.5 million units shipped. The report also states that the country is expected to have 829 million smartphone users by 2022. In addition, the NTIA said that only 27% of the US population used a smartphone in 2011, which then soared in popularity and has been used by 68% of the U.S. population by 2019.
In addition, various companies are launching flexible and innovative consumer electronic devices which encourage the use of microelectronics in their manufacturing and hence are expected to propel the growth of the cleanroom gloves market in the coming years. For example, in 2021, Oppo released a roll-up concept smartphone named Oppo X 2021 that features a scroll-like screen. The phone features a dynamic sliding frame that smoothly expands and retracts without any hard bending, making the phone’s flexible screen as small as 6.7 inches and as large as 7.4 inches.
Safety guidelines and regulations in the pharmaceutical and food industry
The pharmaceutical and food industries must ensure the safety and quality of end products and therefore must comply with regulations, which encourages the use of clean room gloves. In the European Union, EU Good Manufacturing Practices (GMP) must be followed by all pharmaceutical manufacturers wishing to supply products to the EU. Manufacturing sites are inspected and the use of cleanroom gloves is therefore widespread in the EU pharmaceutical sector. In addition, various countries must comply with GMP in sanitation and hygiene, such as the manufacture of pharmaceuticals requiring high levels of sanitation and hygiene at every stage of the process, covering personnel, premises , equipment, materials, containers and cleaning and disinfection products. Moreover, the rise of pharmaceutical and food industries in the world further supports the demand for cleanroom gloves and hence is expected to drive the market growth during the assessment period.
Main topics covered:
2. Research methodology
3. Executive summary
4. Market dynamics
4.1. Market factors
4.2. Market constraints
4.3. Porter’s Five Forces Analysis
4.4. Industry value chain analysis
5. Cleanroom Gloves Market Analysis, By Material
6.Cleanroom Gloves Market Analysis, By End Use Industry
7. Cleanroom Gloves Market Analysis, By Geography
8. Competitive environment and analysis
8.1. Major players and strategic analysis
8.2. Emerging players and market profitability
8.3. Mergers, acquisitions, agreements and collaborations
8.4. Supplier competitiveness matrix
9. Company profiles
For more information on this report, visit https://www.researchandmarkets.com/r/kxg487
See the source version on businesswire.com: https://www.businesswire.com/news/home/20211027005735/en/
Laura Wood, Senior Press Director
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