Global Air Treatment Market, 2023 by Technology (HEPA Filters, Activated Carbon), Product (Dust Collector, Engine Exhausts), Application (Exhaust & Compressed), Vertical (Manufacturing, Automotive)
DUBLIN, Oct. 3, 2018 /PRNewswire/ --
The "Air Treatment Market by Technology (HEPA Filters, Activated Carbon), Product (Dust Collector, Engine exhaust systems), Application (Exhaust air and Compressed air), Vertical (Manufacturing, Automotive), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The air treatment market is expected to reach USD 25.56 billion by 2023 from USD 17.39 billion by 2018, at a CAGR of 8.00% during the forecast period.
Factors driving the growth of the air treatment market include increasing industrialization and urbanization, stringent regulations governing emissions and treatment of industrial effluents, and the need for achieving high efficiency with mechanical equipment and factory processes.
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 air treatment 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 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 containments, hazardous gases (sulfur dioxide, carbon monoxide, and others) chemical fumes, odors, and smoke. These filters are preferred in industries such as automotive, manufacturing, power generation, and oil & gas.
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 air treatment 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 be one of the significant contributors to the air treatment market in 2018 and the market for this segment is expected to grow at the highest CAGR amongst all verticals during the forecast period.
The major challenges for the companies in the market are increasing demand for electric vehicles and emerging alternative and renewable energy sources. Companies have adopted new product developments and partnerships, contracts, agreements, & joint-venture strategies, to expand their market presence and distribution networks in the air treatment market.Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for Air Treatment Market
4.2 Comparative Account of Growth Pattern of Air Treatment Market, By Application
4.3 Air Treatment Market in APAC, By Country & Industry (2017)
4.4 Market Shares of Major Countries in Air Treatment Market, 2017
4.5 Air Treatment Market, By Technology, 2018 vs 2023
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Industrialization and Urbanization
5.2.1.2 Stringent Regulations Governing Emissions and Treatment of Industrial Effluents
5.2.1.3 Need for Achieving High Efficiency With Mechanical Equipment and Factory Processes
5.2.2 Restraints
5.2.2.1 Increase in Demand for Electric Vehicles
5.2.2.2 Emerging Alternative and Renewable Energy Sources
5.2.3 Opportunities
5.2.3.1 High Rate of Industrialization in Developing Nations
5.2.3.2 Increasing Demand for Air Treatment During Semiconductors & Electronics Manufacturing
5.2.4 Challenges
5.2.4.1 Availability of Gray Market Air Treatment Products
6 Air Treatment Market, By Product
6.1 Introduction
6.2 Dust Collectors
6.3 Fume/Smoke Collectors
6.4 Engine Exhaust Systems
6.5 Mist Eliminators
6.6 Fire/Emergency Exhaust Systems
6.7 Others
7 Air Treatment Market, By Technology
7.1 Introduction
7.2 Hepa Filters
7.3 Electrostatic Precipitators
7.4 Activated Carbon
7.5 UV Filters
7.6 Ionic Filters
7.7 Conventional Filters
8 Air Treatment Market, By Application
8.1 Introduction
8.2 Exhaust Air
8.2.1 Volatile Organic Compounds
8.2.2 Carbon Mono Oxide
8.2.3 Nitrogen Oxides
8.2.4 Sulfur Dioxide
8.2.5 Particulate Matter
8.2.6 Lead
8.3 Compressed Air
9 Air Treatment Market, By Vertical
9.1 Introduction
9.2 Manufacturing
9.3 Automotive
9.4 Oil & Gas
9.5 Power Generation
9.6 Pulp & Paper
9.7 Commercial
9.8 Residential
10 Geographic Analysis
11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking Analysis of Major Players in Air Treatment Market
11.3 Competitive Situations and Trends
11.3.1 Product Launches
11.3.2 Expansions
11.3.3 Mergers & Acquisitions
11.3.4 Agreements, Partnerships, and Collaborations
12 Company Profiles
12.1 Introduction
12.2 Key Players
12.2.1 Honeywell
12.2.2 Freudenberg
12.2.3 Donaldson
12.2.4 Parker-Hannifin
12.2.5 Mann+Hummel
12.2.6 Camfil
12.2.7 Ahlstrom-Munksj
12.2.8 3M
12.2.9 Atlas Copco
12.2.10 Cummins
12.3 Other Key Players
12.3.1 Blueair AB
12.3.2 Sharp Corporation
12.3.3 Daikin
12.3.4 Bosch
12.3.5 Hengst Se & Co. Kg
12.3.6 American Air Filter Company
For more information about this report visit https://www.researchandmarkets.com/research/rhktrf/global_air?w=5
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