Asia-pacific Cleanroom Swabs Market 2022-2028
MARKET OUTLOOK
Triton’s research report on the Asia-Pacific cleanroom swabs market infers that the market is expected to showcase a CAGR of 10.47% during the forecast period 2022-2028. Japan, ASEAN countries, China, India, Australia & New Zealand, South Korea, and Rest of Asia-Pacific shape the market in the studied region.
India has observed a significant number of investors in prominent sectors, such as pharmaceuticals and biotechnology. Moreover, the favorable measures by the government have created a profitable market for the cleanroom sector, supporting the adoption of cleanroom swabs. Furthermore, the pharmaceutical and biotechnology industries require a high number of cleanroom products to manufacture sterile products, preventing contamination. Therefore, as stated above, these factors are anticipated to create new opportunities for the cleanroom swabs market.
On the other hand, the semiconductor industry is contributing to South Korea’s economy. This indicates the prominence of the industry across the country. Samsung Electronics and SK Hynix are two of the major chip producers operating in the country. These companies heavily control half of the world’s memory chips industry. Furthermore, the country has around 23% share in semiconductor sales. This rise in the semiconductor industry fuels the adoption of cleanroom swabs, thereby driving the cleanroom swabs market’s growth.
COMPETITIVE OUTLOOK
The prominent companies thriving in the cleanroom swabs market include Texwipe, Contec Inc, Berkshire Corporation, and FG Clean Wipes.
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