Global Air Treatment Market Size – Industry Trends & Forecast Report 2026
The global Air Treatment market has reached USD XX billion in 2019 and is further projected to reach USD XX billion by 2026, growing at a CAGR of XX% during the forecast period. Rising air pollution levels, increasing disposable income, and growing health awareness regarding the harmful effects of air pollution on human health are expected to boost the air treatment market over the forecast period. Air is the most vital element of human life. Clean air is of the utmost importance to avoid various health problems, including respiratory diseases such as asthma and Chronic Obstructive Pulmonary Disease (COPD). However, rapid urbanization and industrialization, coupled with an increase in the number of vehicles, have significantly contributed to air pollution around the globe. Thus, all these drivers are fueling the air treatment market.
Source: BlueWeave Consulting
Global Air Treatment Market Overview:
Air Treatment System is used to purify the air which contains many allergens and pollutants. This treatment is heavily used in the HVAC systems for commercial, industrial, spacecraft, farm buildings & installations, and many more. Through filters such as absorbent filters, air filters, heaters, air washers, conditioners, and more, the Air Treatment System removes impurities from the air. With continuous growth in urbanization and industrialization, several Air Treatment System devices are getting deployed in many sectors. Also, with the introduction of stringent regulations related to the emission of industrial wastes and their treatment, the market is rising at an exponential rate. Moreover, an increase in the adoption rate of the Air Treatment System is expected to create tremendous opportunities for the Air Treatment market further.
Global Air Treatment Market Forecast and Trends
Rise in pollution levels is fueling the growth of the air treatment market
Rising air pollution levels, increasing disposable income, and growing health awareness regarding the harmful effects of air pollution on human health are expected to boost the air treatment market over the forecast period. Air is the most vital element of human life. Clean air is of the utmost importance to avoid various health problems, including respiratory diseases such as asthma and Chronic Obstructive Pulmonary Disease (COPD). However, rapid urbanization and industrialization, coupled with an increase in the number of vehicles, have significantly contributed to the air treatment market around the globe.
Rising health concerns are boosting the growth of the air treatment market
The rising health concerns, deteriorating indoor air quality, changing lifestyle preferences, and increasing awareness among consumers regarding the advantages associated with air purifiers are expected to drive the air treatment market. Earlier, the demand for air purifiers was primarily driven by consumers suffering from respiratory disorders. However, there has been a rise in the demand for air purifiers on account of the growing number of health-conscious consumers. Rising pollution levels and increasing prevalence of airborne diseases in the U.S. have created awareness among consumers, thereby increasing the demand for air purifiers boosting the air treatment market. Moreover, awareness regarding controlling air pollution and stringent environmental protection laws are likely to have a positive impact on the air treatment market.
Ozone emissions can hamper the growth of the air treatment market
Ozone emissions may seem hard to spot; the more unconditioned a room is, the more emissions would be there. The mix of harmful gases would be dangerous to humans’ & animals’ health. The air purifiers emit ozone gas as a byproduct, exposure to which will put the health at risk. Effects of Ozone gas on human health include shortness of breath, chest congestion, coughing, and other respiratory diseases. These symptoms are even more severe for people with asthma. It slowly damages the lungs and causes respiratory diseases even to people who were initially healthy. Ozone also weakens the body’s ability to fight off respiratory infections. Thus, this emission can restrain the growth of the air treatment market.
Impact of COVID-19 in the industry
The enforcement of lockdown across the countries globally has led to the increased demand for air purifiers in the past couple of months. Moreover, as air purifiers are effective against various viruses, the demand in several countries is expected to witness significant growth owing to the outbreak of COVID-19. Few manufacturers are claiming that their air purifiers are an ideal option for neutralizing as well as effectively controlling the spread of coronavirus. Also, consumers are buying air purifiers across the globe as a precautionary measure to mitigate indoor air pollution and to clean indoor air to avoid the novel coronavirus infection. These factors are expected to drive the demand for the air treatment market across the globe.
Global Air Treatment Market: By Product
Based on product, the market is segmented into dust collectors, fume/smoke collectors, engine exhaust systems, mist eliminators, fire and emergency exhaust systems, others. Among them, the dust collectors’ segment is expected to continue its dominance as the dust collectors supplement the performance of dust-filtering screens that are provided with conveying systems; they can substantially improve dust collection efficiency and reduce overall maintenance requirements. It also helps in eliminating harmful elements from the air and allows workers to work in a safe and clean place. It helps in enhancing the quality of air and make it breathable by making sure that no additional contaminants are present. Thus, these advantages are responsible for boosting the growth of the air treatment market.
Global Air Treatment Market: By Technology
Based on technology, the air treatment market has been segmented into HEPA filters, electrostatic precipitators, activated carbon, UV filters, ionic filters, and conventional filters. HEPA filters are likely to account for the largest share of the market during the forecast period. The demand for HEPA filters is driven by growing concerns of environmental sustainability, regulations regarding industrial emissions, and health issues related to airborne diseases. The air treatment market for activated carbon is expected to grow at the highest CAGR amongst all technologies during the forecast period; this growth can be attributed to these filters being efficient in capturing all carbon containment, hazardous gases (sulfur dioxide, carbon monoxide, and others) chemical fumes, odors, and smoke.
Global Air Treatment Market: By Vertical
Based on vertical, the air treatment market has been segmented into manufacturing, automotive, oil & gas, power generation, pulp & paper, commercial, and residential. The manufacturing industry is expected to hold the largest share of the market during the forecast period due to increasing industrialization and growing manufacturing activities in countries such as China, Japan, India, and South Korea. Tightening emission control regulations and air quality monitoring standards worldwide would be major drivers for the adoption of air treatment systems in the manufacturing industry. The automotive vertical is expected to grow at the highest CAGR amongst all verticals during the forecast period.
Global Air Treatment Market: Regional insights
The global air treatment market is segmented into five regions including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The Asia-Pacific is expected to dominate the Air Treatment market in the coming years. Countries in APAC such as China, Japan, India, and South Korea have some of the largest manufacturing facilities in the world. Increasing population, rapidly growing economies (developed as well as developing), and government initiatives to promote industrial growth have made APAC an ideal manufacturing destination for various sectors including semiconductors, electronics, and automotive. Advancements in terms of economic growth, infrastructural developments, and construction of power plants are expected to boost the growth of the market in APAC in the coming years.
· In July 2018, MANN+HUMMEL announced that they had agreed to acquire Tri-Dim Filter Corporation. This acquisition will further expand the geographical presence of MANN+HUMMEL expanding their capabilities in the air & water filtration business for the USA and Canada region.
· In March 2018, Atlas Copco AB announced that they had acquired Walker Filtration Ltd., with the company focused on the development of equipment utilized in the treatment of air, gas, and vacuum. This acquisition will help in expanding the presence of Atlas Copco AB and its capabilities. They will be incorporated into Atlas Copco AB’s Compressor Technique business area.
Key players in the air treatment market include Freudenberg & Co. KG, Donaldson Company Inc., PARKER HANNIFIN CORP, Ahlstrom-Munksjö, MANN+HUMMEL, Cummins Inc., Camfil, Atlas Copco AB, Honeywell International Inc., 3M, Unilever, Foxconn Electronics Inc., DAIKIN INDUSTRIES Ltd., Robert Bosch GmbH, SAMSUNG, LG., Panasonic Corporation, De’Longhi Appliances S.r.l., Winix Inc. & Emerson Electric Co.
These market participants offer a wide range of air purifiers that are sold through various channels, including e-commerce websites, distributors, company-owned websites, and retailers and their websites. The market participants compete based on several parameters, including technical competence, product performance, quality, price, and corporate reputation. Mergers & acquisitions & new product launches are the strategies adopted by the participants to strengthen their position in the air treatment market.
Scope of the Report
Historical data – 2016-2019
Base Year – 2019
Forecast – 2020 – 2026
Revenue in USD Billion
U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, Australia, Malaysia, Singapore, Indonesia, UAE, South Africa, Saudi Arabia, Egypt
By product, technology, application, vertical
Key players for Air Treatment Market include: Freudenberg & Co. KG, Donaldson Company Inc., PARKER HANNIFIN CORP, Ahlstrom-Munksjö, MANN+HUMMEL, Cummins Inc., Camfil, Atlas Copco AB, Honeywell International Inc., 3M, Unilever, Foxconn Electronics Inc., DAIKIN INDUSTRIES Ltd., Robert Bosch GmbH, SAMSUNG, LG., Panasonic Corporation, De’Longhi Appliances S.r.l., Winix Inc., & Emerson Electric Co.
Scope of the Report
Ø Dust Collectors
Ø Fume/Smoke Collectors
Ø Engine Exhaust Systems
Ø Mist Eliminators
Ø Fire and Emergency Exhaust Systems
Ø HEPA Filters
Ø Electrostatic Precipitators
Ø Activated Carbon
Ø UV Filters
Ø Ionic Filters
Ø Conventional Filters
Ø Exhaust Air
Ø Compressed Air
Ø Oil & Gas
Ø Power generation
Ø Pulp & Paper
Ø Asia Pacific
Ø North America
Ø Middle East & AfricaØ Latin America