Press release
Industrial Air Purifiers Market Is Expected To Reach $4,164.2 million, Breathing Easier
In an age where clean air is no longer taken for granted, air purifiers have stepped up to the plate as a powerful solution to combating airborne pollutants. The global air purifier market is experiencing remarkable growth, driven by a cocktail of factors including increasing urban pollution levels, rising health consciousness, and the heightened prevalence of airborne diseases. According to a recent market estimate, he global industrial air purifiers market size is expected to reach $4,164.2 million in 2027, from $2,711.0 million in 2019, growing at a CAGR of 5.8% from 2020 to 2027.Download PDF Sample: https://www.alliedmarketresearch.com/request-sample/6655
Air Quality Concerns: A Global Perspective
Urban areas worldwide are grappling with air quality issues that have raised alarm bells. Take Europe, for instance, where about 14% of the population in urban areas were exposed to ozone concentrations above the European Union's set threshold. Furthermore, 15% of the EU-28 urban population encountered high levels of pollutants like Benzo pyrene, and over 4% had to contend with elevated Nitrogen Dioxide concentrations. These alarming statistics indicate the urgent need for effective air purification systems.
The United States: Breathing at Risk
The situation is no different in the United States. Despite decades of progress in reducing air pollution, over 40% of Americans-more than 137 million people-find themselves living in areas where particle pollution and ozone levels fail to meet safety standards. This translates to 2.1 million more Americans breathing polluted air than the previous year.
These unsettling figures have made the general public more conscious of the quality of the air they breathe. The air purifier market is thriving as a result. High-Efficiency Particulate Air (HEPA) technology, known for its effectiveness in capturing airborne particles, is projected to lead the market. The U.S. Department of Energy and the Association of Home Appliance Manufacturers have both established quality standards for HEPA filters, further cementing their dominance.
Regulations and Initiatives: A Breath of Fresh Air
Governments globally are taking a stand against poor indoor air quality, leading to stricter rules and standards. Organizations such as the U.S. Environmental Protection Agency (EPA) and the World Health Organization (WHO) have released guidelines and recommendations for improving indoor air quality. These regulatory measures are expected to propel the air purifier market forward.
In addition to government efforts, increasing health concerns, changing lifestyles, and growing awareness about the benefits of air purifiers are all contributing to market growth. However, the high cost of air purifiers and their maintenance remains a potential hurdle.
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Technological Advancements: The Heart of the Matter
The technology driving air purifiers plays a pivotal role in the market's success. HEPA filters are currently leading the way, capturing smoke, dust, bio-contaminants, and pollen effectively. Activated carbon or charcoal filters, with their enhanced particle-capturing capacity, are also gaining traction.
Ionic filters offer an alternative by not requiring frequent replacement. However, their production of ionized air and ozone during the purification process raises concerns about respiratory health. Other technologies like UV radiation, ozone generation, electrostatic precipitators, non-thermal plasma, and photocatalytic oxidation cater to specific air purification needs, such as eliminating hazardous gases and tiny particles.
Applications Across the Board
The commercial sector is the largest consumer of air purifiers, with applications spanning schools, malls, workplaces, hospitals, hotels, and more. As the COVID-19 pandemic raged on, healthcare facilities saw a significant rise in demand for air purifiers due to their ability to reduce the spread of infectious diseases.
The industrial segment is growing at a steady rate, with air purifiers used across various industries to eliminate harmful particles. Meanwhile, the residential sector is seeing a surge in demand as more people become aware of the health risks associated with indoor air pollutants. With remote work becoming the norm, people are spending more time at home, further driving the adoption of air purifiers.
A Regional Perspective: Clearing the Air
Asia Pacific leads the global market due to its larger population, rising urbanization, and industrialization. However, increasing air pollution, particularly in countries like China and India, is contributing to the adoption of air purifiers. Meanwhile, North America is experiencing growth thanks to air quality legislation and extensive air quality monitoring systems. Mexico is also expected to witness increasing demand for air purifiers as it steps up its regulatory measures.
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Key Players in the Air Purifier Market
The global air purifier market is fiercely competitive, with both global and local players vying for a slice of the pie. Companies are continually innovating and expanding their distribution networks to stay ahead. Secure Connection, a Hong Kong-based electronic products manufacturer, recently launched a new line of Honeywell Branded Air Purifiers with advanced features.
The market is set to breathe in fresh opportunities as it continues to expand. Air purifiers are becoming an essential tool for ensuring cleaner and healthier air, and as air quality concerns intensify, the industry is poised to grow at an unprecedented rate. In the quest for cleaner air, air purifiers are emerging as champions.
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