Global Air Treatment Market, by Product Type (air purifier, humidifier, and de-humidifier). By End User (residential, commercial, and industrial) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to gain traction over the forecast period between 2020 and 2028.
The global air treatment market in 2020 is estimated for more than US$ 17.5 Bn and expected to reach a value of US$ 34.3 Bn by 2028 with a significant CAGR of 8.8%.
As per the report, the air treatment market is on the rise as most of the factors such as increasing emissions, increasing pollution etc. acts as major support. The need for a better quality of air is required for managing the health issues as pollutants are more often causes allergies and further leads to chronic disorders such as asthma, bronchitis, pharyngitis and other skin and breath related disorders.
There are various types of air contaminants such as small molecules, viruses, smog, bacteria, fumes, pollens are responsible for low to severe human illness and to eliminate such contaminants air treatment systems are the major breakthrough in the market.
The increase in the availability of such contaminants is the major supporting factor that is expected to favour the air treatment market in the near future.
Symptoms resulting from the exposure to chemical and virus agents are very often and severe and high-end air treatment systems are one of the best solutions for such issues. Furthermore, industrialization in the modern era is on the rise and with that, there is an enormous rise in pollution and unwanted emissions of carbon this, in turn, had an ill effect on the daily life of the living population.
Air treatment systems for residential facilities are being adopted in various regional areas to purify the air and to make the residential environment smog and pollutant-free.
Furthermore, Meridian Market Consultants (MMC) had studied and observed that in the U.S. around 50 Mn of the population suffers from nasal allergies and makes it the 6th leading cause of chronic illness that gradually diminishes the quality of life. Moreover, asthma is one of the major affecting illnesses that are due to allergies and pollutants being the triggering factors the air treatment systems are used at the location of the people suffering from asthma and around 24 Mn people in the U.S. are suffering from asthma.
Mechanical air treatment systems, which incorporate HEPA air treatment systems, expel particles by restricting them on channel materials. Most of mechanical air treatment systems adequately trap dust, dust parasite, a few molds and creature dander. Electronic air treatment systems depend on electrostatic fascination in catch charged particles that amass on authority plates. For vaporous toxin evacuation, gas-stage channels use a sorbent, for instance, actuated carbon, and adsorbs the vaporous toxins. Some air treatment systems are made to dysfunctional contaminations. UVGI and PCO cleaner’s channels use UV light to obliterate air contaminants.
MMC Study identifies some of the key participating players in Air Treatment market globally are Atlas Copco AB, De'Longhi Appliances S.r.l, Emerson Electric Company, General Electric Company, Honeywell International Inc., LG Electronics Inc., Panasonic Corporation, Samsung Group, Sharp Corporation, and Winix Inc.
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