Air Treatment Product Market Investment Analysis and Growth Opportunities 2021-2030

Posted by Archit Sanjay on June 15th, 2022

Market Report Summary

Market – Air Treatment Product Market

Market Value – US$ 125 Bn in 2031

Market CAGR Value – 10% in 2021 to 2031

Market Forecast Year – 2021 to 2031

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The global air treatment products market is set to be valued at around US$ 50 Bn in 2021, with stable long-term projections as far as demand growth is concerned, according to latest revised insights by Persistence Market Research. The market is projected to expand at nearly 10% CAGR over the 2021-2031 assessment period. Building standards becoming increasingly stringent across regions is also giving impetus to market growth. Across regions, demand for air purifiers is especially high, followed by humidifiers.

However, demand for air treatment products waned in 2020 due to the recessionary effects of COVID-19 on construction activities, resulting in retardation in sales. However, with industrial activities picking up, demand is rising once again with substantial increase in demand from residential and commercial establishments in both, developed and developing countries.

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Key Players:

The report has profiled some of the Important players prevalent in the global like – Honeywell International Inc, Samsung Electronics Co., Ltd, LG Electronics Inc., Panasonic Corporation, Sharp Corporation, Daikin Corporation, and Atlas Copco AB and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Air Treatment Product.

Key Takeaways from Market Study

  • Smart automation in air treatment products for automatic detection is estimated to create substantial demand growth.
  • South Asia and Latin America are anticipated to be lucrative markets for air treatment products market.
  • Air purifiers and humidifiers are expected to lead the market in terms of value over the forecast period.
  • The commercial and residential sectors are expected to hold dominant market shares by value throughout the forecast period.
  • With growing awareness regarding energy saving and greenhouse gas emissions, governments are more focused on implementing new standards for the air treatment industry. These stringent standards will create more complex projects and demand effective air treatment systems for residential and commercial buildings.
  • Introduction of high-end energy-efficient air treatment products with integration to IoT and connectivity and growing need for a healthy ecosystem are expected to propel market growth.
  • Integrated business planning is expected to enable manufacturers to reduce working capital costs. Leading players are following strategic mergers & acquisitions with manufacturers and distributors for long-term supply of products.

Consumers are becoming more informed, tech-savvy, and environmentally-aware, and there is growing demand to be able to monitor air treatment systems in real-time and control them remotely. This change in behavior will result in increased demand for high-end, smart air treatment products with integration of IoT and increased connectivity,” says a Persistence Market Research analyst.

Region Coverage (Regional Production, Demand & Forecast by Countries etc.):

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders 

Air Treatment Product Market Manufacturers

Air Treatment Product Market Distributors/Traders/Wholesalers

Air Treatment Product Market Subcomponent Manufacturers

Industry Association

Downstream Vendors

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View Table of Contents, Figures, and Tables@    https://www.persistencemarketresearch.com/market-research/air-treatment-product-market/toc                                                                                                                                                                               

Major Highlights of the Air Treatment Product Market Report:

·        The Air Treatment Product Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.

·        The report dives deeper into the market and explains the dynamic factors bolstering market growth.

·        The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.

·        The report analyzes the Air Treatment Product Market presence across major regions of the world.

·        It determines the production & consumption capacities and demand & supply dynamics of each regional market.

·        The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.

·        It provides company overview and SWOT analysis of each of the market players.

Key Questions Answered in This Report.

·        What will the Market growth rate in Future?

·        What are the key factors driving the global Market?

·        Who are the key manufacturers in Market space?

·        What are the opportunities and threats faced by the vendors in the global industry?

·        What are sales, revenue, and price analysis by regions of industry?

If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.

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About PersistenceMarketResearch:

PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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Archit Sanjay

About the Author

Archit Sanjay
Joined: April 12th, 2021
Articles Posted: 281

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