As part of Emergen Research's Global Air Treatment Market Research Report, key business details and extensive geographical spread of the Air Treatment industry have been analyzed. The current COVID-19 pandemic is expected to have an effect on the growth of the Air Treatment industry, primarily as a result of movement restrictions and impact on supply and demand due to lockdowns. In the wake of the COVID-19 pandemic, several sectors of the global market have been affected, and Air Treatment will likely be among them. Economic slowdown and dynamic changes in demand will further hinder the growth of the sector. The report covers the impact analysis of the COVID-19 pandemic on the overall Air Treatment industry. As well as a comprehensive qualitative and quantitative analysis, the study contains crucial statistics about the Air Treatment market. A detailed forecast is provided until 2028 based on historical data from 2017 and 2018. Also included are profiles of established and emerging players, including business overviews, product portfolios, strategic alliances, and business expansion strategies.
Global air treatment market size is expected to reach USD 39.06 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising demand for air treatment processes across various industrial verticals such as automotive, manufacturing, power generation, oil & gas, and pulp & paper. These industries are increasingly investing in air treatment products to efficiently treat air contaminants at emission sources in order to meet increasingly stringent air quality standards. Activated carbon materials are increasingly being utilized for industrial air treatment applications in order to capture toxic air pollutants, which primarily include Volatile Organic Compounds (VOCs), from landfill sites, petrochemical plants, and chemical processing and manufacturing facilities. Safety Standards implemented by the Occupational Safety and Health Administration (OSHA) in the automotive industry is a key factor boosting demand for air treatment products. Air filtration in the automotive industry is mainly performed to prevent potential health risks that can arise due to presence of toxic chemicals, particulates, fumes, fiberglass, metal dust, chemical byproducts, and gasses. Manufacturers of air treatment products are increasingly investing in production of technologically advanced air treatment products in order to improve indoor air quality. Emergence of air purifiers that can automatically clean the air in a whole room with high efficiency, capturing 99.95% of harmful pollutants as small as 0.1 microns and can sense and display particulate matter such as PM2.5, PM10, VOCs, and NO2 in real-time, is expected to drive demand for air treatment products going ahead.
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The report bifurcates the Air Treatment market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Key Companies Profiled in the Report are:
Honeywell, Freudenberg Group, Donaldson Company, Inc., Parker-Hannifin Corporation, Mann+Hummel, Camfil, Ahlstrom-Munksjö Oyj, 3M, Atlas Copco, and Cummins
Regional Landscape section of the Air Treatment report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Air Treatment market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.
On the basis of type, the market is segmented into
-
Application Outlook (Revenue, USD Billion; 2018–2028)
- Compressed Air
- Exhaust Air
-
Product Outlook (Revenue, USD Billion; 2018–2028)
- Mist Eliminators
- Dust Collectors
- Fire and Emergency Exhaust Systems
- Smoke Collectors
- Others
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Technology Outlook (Revenue, USD Billion; 2018–2028)
- Activated Carbon
- HEPA Filters
- Electrostatic Precipitators
- Ionic Filters
- UV Filters
- Conventional Filters
Research Report on the Air Treatment Market Addresses the Following Key Questions:
- Who are the dominant players of the Air Treatment market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Air Treatment market?
- What are the key growth drivers and restraining factors of the Air Treatment market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Air Treatment market and its key segments?
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