COVID-19 Impact on Air Treatment Market Revenue, Share, Size, Trends and Growth 2021 to 2028

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COVID-19 Impact on Air Treatment Market Revenue, Share, Size, Trends and Growth 2021 to 2028

August 10
20:52 2021
COVID-19 Impact on Air Treatment Market Revenue, Share, Size, Trends and Growth 2021 to 2028
Increasing demand for air treatment solutions across automotive, manufacturing, power generation, oil & gas, and pulp & paper industries is a key factor driving air treatment market growth.

The latest Air Treatment market research report is a compilation of the latest growth trends and the emerging market segments. The report adeptly draws reader’s attention to the ever-changing patterns of the Air Treatment industry and its prominent facets, infrastructural properties, and highly dynamic environment. The report lists down some critically important parameters that help the market bolster its global foothold and contribute substantially to future revenue generation. Our team of experts has included specific details related to the Air Treatment industry, such as product offerings, sales and revenue estimates, leading regions, key market contenders, and technological upgradation in the report.

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 by Emergen Research, titled ‘Global Air Treatment Market,’ studies a wide spectrum of factors impacting the performance of the Air Treatment market. The report includes a historical analysis of the market from 2017 to 2018 to provide the reader with a deep understanding of the current market scenario. Moreover, it offers accurate market estimations for the forecast period (2019-2028).

The report is the latest document encompassing the profound changes in the market dynamics and trends that followed the COVID-19 outbreak. The global health crisis has led to massive changes in the global economic scenario and, particularly, this business sphere. The pandemic has drastically affected the Air Treatment market with disruptions to supply chains and volatility in prices and demands. The remarkable impact of the pandemic on the Air Treatment industry and its crucial segments has been depicted in the report. However, the market is expected to regain momentum in the post-COVID scenario, as per market experts.

Competitive Landscape:

The research offers an in-depth survey about the performance of each key player in the Air Treatment market. It provides information about their current advancements and key market strategies. The Air Treatment report also aims to provide additional information about suppliers, buyers, and manufacturers. The study offers a comprehensive analysis of market share, consumption, growth rate, and product type, and application growth. It further offers comprehensive coverage of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. The company profiles of the established and new players have also been assessed in the Air Treatment report through effective analytical tools like SWOT analysis.

Top key Companies in Air Treatment Market are:

Honeywell, Freudenberg Group, Donaldson Company, Inc., Parker-Hannifin Corporation, Mann+Hummel, Camfil, Ahlstrom-Munksjö Oyj, 3M, Atlas Copco, and Cummins.

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Segmentation Landscape:

The report further segments the Air Treatment market on the basis of product types and application spectrum offered in the market. The report also offers insights into the segment expected to show significant growth over the projected period. The study focuses on the growth rate of every segment and is explained through detailed graphs, figures, charts, and tables. These segments are analysed on the basis of present, emerging, and future trends. The regional segmentation provides current and forecast demand estimation for the Air Treatment industry in key regions.

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

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.
  • HEPA filters segment accounted for a significantly high revenue share in the air treatment market in 2020. Rising need to enhance indoor air quality is driving demand for air purifiers with HEPA technology filters in healthcare sectors and residential and commercial buildings.
  • Industrial segment accounted for a relatively larger revenue share in the global air treatment market in 2020. Health risks posed by fiberglass and metal dust, chemical byproducts such as oil mist, and poisonous or toxic fumes and gasses is driving demand for air treatment processes across various industries.
  • Asia Pacific accounted for largest revenue share contribution to the global air treatment market in 2020. Rapid urbanization and industrialization are factors expected to drive growth of the global air treatment market in countries in the region in order to minimize air pollution levels.

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Regional Landscape:

The report gives a comprehensive analysis of the Air Treatment market at the global and regional level, and the forecast has been presented in terms of value and price for the period of 8 years from 2020-2027. The report covers an extensive study of the market drivers and restraints on the global scale and provides an impact analysis of those market drivers and restraints on the demand and supply ratio for the Air Treatment market throughout the forecast period.

The complete regional analysis covers:

  • North America (U.S., Canada, Mexico)
  • 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)

The Global Air Treatment Market is formulated through extensive primary and secondary research, which is further validated and verified by industry experts and professionals. SWOT analysis and Porter’s Five Forces Analysis are used to examine and assess the market and its players. Moreover, the report also offers a feasibility study and investment return analysis to assist the readers in making strategic investment plans.

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Key takeaways of the Global Air Treatment Market report:

  • The report sheds light on the fundamental Air Treatment market drivers, restraints, opportunities, threats, and challenges.
  • It elaborates on the new, promising arenas in the leading Air Treatment market regions.
  • It examines the latest research & development projects and technological innovations taking place in the key regional segments.
  • The research report reviews the regulatory framework for creating new opportunities in various regions of the Air Treatment market
  • It focuses on the new revenue streams for the players in the emerging Air Treatment markets.
  • Furthermore, the report offers vital details about the rising revenue shares and the sizes of the key product segments.

Overview of the TOC of the Report:

  • Introduction, Scope, and Overview
  • Opportunities, Risks, and Drivers
  • Competition landscape analysis with sales, revenue, and price
  • Extensive Profiling of the Air Treatment key competitors with the sales figures, revenue, and market share
  • Regional analysis with sales, revenue, and market share for each region for the forecast period
  • Country-wise analysis of the Air Treatment market by type, application, and manufacturers
  • Air Treatment Market Segmentation based on types
  • Air Treatment Market segmentation based on applications
  • Historical and forecast estimation

Media Contact
Company Name: Emergen Research
Contact Person: Eric Lee
Email: Send Email
Phone: +1 (604) 757-9756
Address:14671 110 Avenue Surrey, British Columbia, V3R2A9
City: Surrey
State: British Columbia
Country: Canada
Website: www.emergenresearch.com/industry-report/air-treatment-market

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