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Air Treatment Market Is Estimated To Expand at a CAGR of 3.9% by 2032 - GIS Report
New York, global air treatment market was valued at US$ 8.3 billion in 2021 and it is anticipated to grow up to US$ 12.2 billion by 2031, at a CAGR of 3.9% during the forecast period.Global Air Treatment Market report from Global Insight Services is the single authoritative source of intelligence on Air Treatment Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Air treatment market is expected to grow at a compound annual growth rate of 8.50% in the forecast period of 2021 to 2028. Data Bridge Market Research report on air treatment provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market's growth.
Air treatment is broadly used in ventilation, hot-air heating and air-conditioning systems for industrial and public buildings and also apartment houses, farm buildings and installations, means of transportation and spacecraft. Air treatment comprises the cleaning the harmful gaseous admixtures, odors, air of dust, and bacteria, heating, cooling, humidifying, and drying the air and adding oxygen and scented substances.
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Market Drivers and Trends
Growing incidents of chronic health issues due to air pollution along with growing prospects in industrialization across the globe are the key factors fueling the market growth over the projected period. Air pollution is a major cause of morbidity and mortality worldwide. As per 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 addition, in 2019, ambient particulate matter pollution was ranked as the fourth-leading cause of the loss of years of life among people in China. Thus, such growing health issues is augmenting the market dynamics over the forecast period.
Major Players in the Global Air Treatment Market
The key players studied in the global air treatment market are BEKO TECHNOLOGIES GMBH (Germany), Donaldson Company, Inc. (U.S.), Friulair S.r.l. (Italy), Hongrijia Depurate Facility Science&Technology Co.,Ltd (China), Ingersoll Rand Inc. (U.S.), KAESER KOMPRESSOREN (Germany), Mikropor (Turkey), Omega Air d.o.o. Ljubljana (Slovenia), Orion Electronics LTD (Hungary), and SPX FLOW, Inc. (U.S.).
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Global Air Treatment Market Segmentation
By Type
Dryers
Industrial Filters
Specialty Filters
Condensate Management
By Application
General Industry
Food and Beverage
Pharmaceutical
Oil and Gas
Chemical and Petrochemical
Mining
By Region
North America
The U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
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• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
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