Air treatment market
The air treatment market is expected to reach US$11,041.19 million by 2028 from US$8,299.93 million in 2021; it is estimated to grow at a CAGR of 4.2% from 2021 to 2028. The adoption of air treatment solutions has increased significantly in recent years, and this trend is expected to continue during the forecast period . Rapidly changing customer expectations and behavior, along with a preference for automated air handlers, are further driving demand for air treatment products, such as air purifiers, air conditioners and humidifiers, worldwide. As a result, manufacturers are focusing on integrating efficient technologies, such as IoT, artificial intelligence, and other connectivity technologies, into their offerings to expand their customer base and market share. Strategic mergers and acquisitions by key competitors will continue to drive the proliferation of the air treatment market in the coming years.
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Air Treatment Market Company Profile Analysis:
• Beko Technologies
• Donaldson Company, Inc.
• Friulair Srl
• Ingersoll Rand Inc.
• KAESAR COMPRESSORS
• OMEGA AIR doo Ljubljana
• ORION Electronics Ltd.
• SPX FLOW, Inc,
• Xebec Adsorption Inc.
Increased incidence of chronic health conditions due to air pollution is fueling the growth of the air treatment market
Air pollution is a major cause of morbidity and mortality worldwide. According to the Global Burden of Disease (GBD) study, fine particulate matter (PM2.5) caused 4.2 million deaths and 103.1 million disability-adjusted life years (DALYs) in 2018, or 7.6% of deaths and 4.2% of DALYs worldwide. . China is the fastest growing and most developed country in the world, and it has one of the highest air pollution-related death rates in the world due to worsening air pollution levels. Additionally, in 2019, ambient particulate pollution was ranked as the fourth leading cause of years of life lost among people in China. As a result, the need for air treatment has been at the forefront of governments around the world, contributing to the expansion of the air treatment market.
Market segmentation :
By type (dryers, industrial filters, specialty filters and condensate management) and application (general industry, food and beverage, pharmaceutical, oil and gas, chemical and petrochemical and mining)
Note – The Covid-19 (coronavirus) pandemic is impacting society and the economy as a whole across the world. The impact of this pandemic is increasing day by day and is affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, a massive supply chain downturn, declining business confidence and growing panic among customer segments. The overall effect of the pandemic is impacting the production process of several industries. This ‘Air Treatment Market’ report provides an analysis of the impact of Covid-19 on various business segments and national markets. The reports also present market trends and forecasts until 2028, taking into account the impact of the Covid -19 situation.
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Key points covered in the Global Air Treatment Market 2022 Research are:-
1 What will be the market size and the growth rate in 2028?
2 What are the key factors driving the global air treatment market?
3 What are the key market trends impacting the growth of the Global Air Treatment Market?
4 What are the challenges to market growth?
5 Who are the major vendors in the Global Air Treatment Market?
6 What are the market opportunities and threats faced by the vendors in the global Air Treatment Market?
7 Trending factors influencing Americas, APAC and EMEA market shares.
8 What are the key findings of the five forces analysis of the global air treatment market?
Frequently Asked Questions
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In 2020, which region held the largest share of the global air treatment market?
Which category segment accounted for the largest share of the global air treatment market?
Which application segment is experiencing the fastest growth in the global air treatment market?
In 2020, which country had the largest market share in the global air treatment market?
What is the main driver of growth in the global air treatment market?
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Contact person: Sameer Joshi
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The Insight Partners is a one-stop provider of actionable intelligence industry research. We help our clients find solutions to their research needs through our syndicated research and advisory services. We specialize in industries such as Semiconductors and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals and the materials.
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