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[Update Available] Air Scrubber Market Expected to Reach $4,306.4 million by 2030

12-21-2023 06:58 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

[Update Available] Air Scrubber Market Expected to Reach

A recently released report by Allied Market Research, titled "Air Scrubber Market: Global Opportunity Analysis and Industry Forecast, 2021-2030," reveals that the global air scrubber market, valued at $1,883.3 million in 2020, is poised to reach $4,306.4 million by 2030, reflecting a robust CAGR of 8.5% from 2021 to 2030.

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Key Insights:

Market Growth Factors:

The air scrubber market has experienced substantial growth, driven by increased government investments in clean air initiatives and a focus on reducing air pollution.

Widespread adoption of air scrubbers in various sectors, including hospitals and construction sites, has surged due to growing concerns about human health.

The rise in construction activities and ongoing infrastructure development has led to increased utilization of air scrubbers, providing a safe and healthy work environment for employees.

Air Scrubber Functionality:

Air scrubbers play a crucial role in eliminating air pollution, volatile organic compounds (VOCs), surface pollutants, pet dander, odors, and dust.

The continuous production of negative ions by air scrubbers effectively seeks out and neutralizes contaminants too small to be captured by standard air filters as air passes through the ducting system.

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Strategic Moves in the Market:

Market competitors employ strategic measures such as mergers, acquisitions, and initiatives to fortify their market positions.

A notable example is the collaboration between Daikin Industries, Ltd., and WASSHA Inc., resulting in the formation of Baridi Inc., which operates an air conditioner subscription business. This strategic move enables the utilization of Daikin's efficient and environmentally friendly air conditioners.

Government Initiatives and Policies:

Investments and supportive government policies and programs aimed at achieving air quality index standards and greenhouse gas emission limits are expected to propel market growth.

Germany, for instance, enacted a national air pollution management program in May 2019, imposing emission reductions by 2030. The initiative includes reducing fine particulate matter and implementing the SLCP black carbon standard.

Impact of COVID-19:

The COVID-19 pandemic led to lockdowns in several countries, disrupting global manufacturing operations and impacting the sales of air scrubbers.

As countries gradually lift restrictions, reopening of production facilities and vaccine introductions are expected to contribute to the recovery of air scrubber firms.

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Key Players:

Notable companies profiled in the report include Advanced Air Technologies Inc., Amaircare Corporation, Camfil AB, Croll Reynolds, Inc., Daikin Industries, Ltd., Honeywell International, Inc., Novatek Corporation, Parker Hannifin Corporation, SPX Corporation, and Waves Aircon Pvt. Ltd.

Market Trends and Opportunities:

The report provides an extensive analysis of current and emerging trends in the air scrubber market, with a focus on product types and end-user industries.

In-depth market analysis and estimations for key segments are presented for the forecast period between 2021 and 2030.

The strategies of key players in the air scrubber market are thoroughly analyzed, offering insights into the competitive landscape of the industry.

This comprehensive report is a valuable resource for industry participants, investors, and stakeholders, offering detailed insights into the current state and future prospects of the air scrubber market.



For More Information: https://www.alliedmarketresearch.com/air-scrubbers-market-A08473

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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