Global Air Treatment Market Is Grow at a CAGR of 10.2% and Expected to Reach USD 38.86 Billion by 2026 from USD 16.25 Billion in 2017
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Lewes, DE -- (SBWire) -- 05/14/2019 --The Global Air Treatment Market is accounted for $16.25 billion in 2017 and is expected to reach $38.86 billion by 2026 growing at a CAGR of 10.2% during the forecast period. The market is propelling due to the results of growing industrialization & urbanization and also the stringent regulations by the governments in monitoring the emissions and in the treatment of the industrial effluences. Despite the driving factors, the market is being restrained by the increase in demand for electric vehicles and emerging alternative & renewable energy sources.
The air treatment is a mechanism or a strategy in reducing the harmful pollutants present in the air composition by using the best treatment equipment and technologies. The major goal of the air treatment processes is to provide hygienic conditions. Air treatment includes cleaning the air of dust, harmful gaseous admixtures, odors, & bacteria, heating, cooling, humidifying, and drying the air and adding oxygen & aromatic substances.
Based on the end use vertical, the rapid expansion of production capacity and industrialization supporting the growth of manufacturing industries (especially in emerging economies like China and India), stringent environmental laws and regulations governing industrial emissions, and economic growth in developing countries have led to increasing demand for air treatment systems in the manufacturing vertical.
Considering geography, Asia Pacific is estimated to have a great share during the forecast period. Countries in APAC such as China, Japan, India, and South Korea have some of the largest manufacturing facilities in the world. Increasing population, rapidly growing economies (developed as well as developing), and government initiatives to promote industrial growth have made APAC an ideal manufacturing destination for various sectors including semiconductors, electronics, and automotive.
Some of the key players in the Air Treatment market are 3M, Atlas Copco, Honeywell, Sharp Corporation, Bosch, Camfil, Donaldson, Freudenberg, Cummins, American Air Filter Company, Daikin, Blueair AB, Hengst Se & Co. Kg, Winix Inc., Mann+Hummel, and Parker-Hannifin.
Technologies Covered:
- Activated Carbon
- Conventional Filters
- Electrostatic Precipitators
- High Efficiency Particulate Air (HEPA) Filters
- Ionic Filters
- Ultraviolet (UV) Filters
Products Covered:
- Dust Collectors
- Engine Exhaust Systems
- Fire/Emergency Exhaust Systems
- Fume/Smoke Collectors
- Mist Eliminators
- Other Products
Applications Covered:
- Compressed Air
- Exhaust Air
End Use Verticals Covered:
- Automotive
- Commercial
- Manufacturing
- Oil & Gas
- Power Generation
- Pulp & Paper
- Residential
Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
UK
Italy
France
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
- South America
Argentina
Brazil
Chile
Rest of South America
- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Spanning over 160 pages "Air Treatment - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Air Treatment Market, By Technology, Global Air Treatment Market, By Product, Global Air Treatment Market, By Application, Global Air Treatment Market, By Vertical, Global Air Treatment Market, By Geography, Key Developments, Company Profiling.
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