The 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.
The Global Air Treatment Market research study published by Emergen research is an extensive collection of insightful information about the Air Treatment industry. The report covers the Air Treatment Market segmentation along with a detailed outline of the Air Treatment market size with regards to volume and valuation. The report provides comprehensive coverage of the Air Treatment market scenario for the current period and forecast timeline of 2021-2028. The Air Treatment market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Regional Analysis:
The report sheds light on the region expected to dominate the Air Treatment market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Air Treatment market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
Key players in the market include Honeywell, Freudenberg Group, Donaldson Company, Inc., Parker-Hannifin Corporation, Mann+Hummel, Camfil, Ahlstrom-Munksjö Oyj, 3M, Atlas Copco, and Cummins.
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Some Key Highlights from the Report
- In December 2020, Honeywell announced the launch of a new airborne particle analyzer that utilizes Artificial Intelligence and cloud computing. The new airborne particle analyzer helps environmental testing professionals and HVAC service providers to better inform building and homeowners of the type and quantity of particles present in the air.
- Compressed air segment accounted for largest revenue share in 2020. Rising demand for dry and clean compressed air in order to extend lifespan of air compressor systems is driving increasing utilization of air treatment equipment, products, and solutions.
- Dust collectors segment revenue is expected to expand at a rapid CAGR during the forecast period. Automotive, manufacturing, power generation, oil & gas, and pulp & paper industries are increasingly utilizing dust collectors to capture substantial amounts of airborne dust particles and minimize cost and maximize system effectiveness.
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Emergen Research has segmented the global air treatment market on the basis of application, product, technology, end-use, and region:
- 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
- End-use Outlook (Revenue, USD Billion; 2018–2028)
- Industrial
- Commercial
- Residential
- Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- BENELUX
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- North America
Objectives of the Report:
- Study of the global Air Treatment market size by key regions, types, and applications with reference to historical data (2018-2019) and forecast (2021-2028)
- Industrial structure analysis of the Air Treatment market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Air Treatment market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Air Treatment market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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