The Air Treatment Industry: Current Status and Future Prospects |
Our team of analysts has meticulously curated the Emerging Research publication titled “Global Air Treatment Market” to the reader’s understanding and includes an industry distribution database overview. The research conducts a detailed analysis of historical and current market circumstances in order to precisely project the outlook of the Global Air Treatment Market throughout the forecast period (2021–2028). The most recent report, however, makes predictions about how the pandemic would affect this sector of the economy and examines the state of the market. Additionally, the analysis covered the key market segments and came to well-qualified conclusions regarding the industry’s current state. The global health crisis’s impact on the market’s overall growth is thoroughly examined in the research. The most recent research study serves as a great example of how the worldwide Air Treatment market was thoroughly investigated. The table of contents, a list of tables and figures, the research methodology, the competitive landscape, geographic segmentation, future developments, and technological innovation are all included. The worldwide disruption has impacted this industry in practically every manner. The analysts’ analysis of the global market has highlighted the elements influencing the market’s overall growth. To examine the advantages, disadvantages, opportunities, and threats involved in expanding into different market segments, research uses effective analytical tools such as Porter’s five forces and analysis. SWOT. The study focuses on potential growth opportunities and constraints that the leading industry participants might experience over the course of the full forecast period. To assist readers in developing successful investment plans, the research gives specific attention to rising business components, specialty industries, product launches, and brand promotions happening in the market.
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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Some of the key participants in this industry include:
Honeywell, Freudenberg Group, Donaldson Company, Inc., Parker-Hannifin Corporation, Mann+Hummel, Camfil, Ahlstrom-Munksjö Oyj, 3M, Atlas Copco, and Cummins
Key regions covered in the report:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
The global Air Treatment market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures. The global Air Treatment market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.
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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
- Technology Outlook (Revenue, USD Billion; 2018–2028)
- Activated Carbon
- HEPA Filters
- Electrostatic Precipitators
- Ionic Filters
- UV Filters
- Conventional Filters
In addition, the analytical data are presented in a well-organized format in the form of charts, tables, graphs, figures, and diagrams in the report. This makes it easier for readers to comprehend the market scenario in a beneficial way. In addition, the report aims to provide a forward-looking perspective and an instructive conclusion to assist the reader in making profitable business decisions. The report concludes with a comprehensive SWOT and Porter’s Five Forces analysis of the segments anticipated to dominate the market, regional bifurcation, estimated market size and share, and more.
Questions addressed in the report:
- What is the estimated market growth rate throughout the forecast period?
- Which end-use industry is expected to witness the highest demand for Air Treatment in the near future?
- What is the regulatory framework governing the application of Air Treatment in the food industry?
- Which manufacturing processes are utilized for the production of Air Treatment?
Valuable Market Insights:
- The report highlights the latest trends observed in the consumption pattern of each regional segment.
- Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
- The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Air Treatment market.
- The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
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