Air Treatment Market to reach US$ 11,041.19 million with Highest CAGR Growth of 4.2% by 2028

The Air Treatment Market is projected 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 likely to continue during the forecast period. Rapidly changing customer expectations and behavior, and a preference for automated air treatment devices, further boost the demand for air treatment products, such as air purifiers, air conditioners, and humidifiers, worldwide. As a result, manufacturers are focusing on incorporating efficient technologies, such as IoT, artificial intelligence, and other connectivity technologies, in their offerings to expand their clientele and market shares. Strategic mergers and acquisitions by key competitors will further drive the air treatment market proliferation in the coming years.

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Air Treatment Market Company Profiles Analysis:

• Beko Technologies
• Donaldson Company, Inc.
• Friulair Srl
• Ingersoll Rand Inc.
• KAESAR KOMPRESSOREN
• Mikropor
• OMEGA AIR d.o.o. Ljubljana
• ORION Electronics Ltd.
• SPX FLOW, Inc,
• Xebec Adsorption Inc.

Increased Incidence of Chronic Health Issues due to Air Pollution Fuels Growth of 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, accounting for 7.6% of fatalities and 4.2% of DALYs worldwide. China is the world's fastest-growing and greatest developing country, and it reports one of the highest air pollution-related mortality rates in the world due to the worsening air pollution levels. Furthermore, in 2019, ambient particulate matter pollution was ranked as the fourth-leading cause of the loss of years of life among people in China. As a result, the necessity for air treatment has been a key focus of governments worldwide, contributing to the air treatment market expansion.

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 overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on 'Air Treatment Market' provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

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Essential points covered in Global Air Treatment Market 2022 Research are: -

1 What will the market size and the growth rate be 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 key 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 the market shares of the Americas, APAC, and EMEA.
8 What are the key outcomes of the five forces analysis of the Global Air Treatment Market?

Frequently Asked Questions

Can you list some of the major players operating in the global air treatment market?

In 2020, which region held the largest share of the global air treatment market?

Which category segment accounted for the largest share in the global air treatment market?

Which application segment is the fastest growing in the global air treatment market?

In 2020, which country held the largest market share in global air treatment market?

What is the key driver for the growth of the global air treatment market?

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