Report

Air Purification Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030

  • Publish Date: May,2022
  • Report ID: QI038
  • Page : 200
  • Report Type : PDF (Email)
The global air purification market size was US$ 21.9 billion in 2021. The global air purification market is forecast to grow to US$ 41.7 billion by 2030 by registering a compound annual growth rate (CAGR) of 7.9% during the forecast period from 2022 to 2030.

COVID-19 Impact Analysis

The COVID-19 pandemic upsurged the demand for air purification methods as the disease directly affects the respiratory system. Moreover, a wide range of people are suffering from respiratory ailments, and they were more prone to getting affected by the COVID-19 patients. Thus, the demand for air purification increased abruptly to save those. The market is forecast to witness ample growth opportunities in the coming years as the COVID-19 pandemic increased awareness about healthy air quality.

Regional Analysis

Based on the regions, the Asia-Pacific air purification market is forecast to hold the largest market share. It is owing to the rapidly growing population in China and India. Furthermore, the growing prevalence of respiratory diseases is forecast to surge the demand for air purification. In addition to that, countries like India and China were drastically hit due to the wake of the pandemic, which increased awareness among the general public. Thus, it will benefit the global air purification market even in the coming years.

Factors Influencing the Market

Air purification methods are widely adopted to improve the quality of air in indoor spaces. Moreover, growing awareness about the necessity of air purification will primarily fuel the growth of the market.

Changing lifestyles and growing health concerns will also surge the demand for air purification in the coming years. In addition to that, deteriorating indoor air quality will escalate the growth of the air purification market during the study period.

The high cost of air purifiers may limit the growth of the market. On the contrary, growing cases of airborne diseases will boost the growth of the air purification market during the forecast period.

Various government bodies are focusing on regulating air pollution. As a result, it will bring various growth opportunities for the industry players. In addition to that, the growing number of air pollution control campaigns undertaken will also benefit the air purification market during the forecast period.

Competitors in the Market

Daikin Industries Ltd.
Sharp Corporation
IQAir
Dyson Ltd
LG Electronics Inc.
Resideo Technologies Inc.
Unilever PLC
Whirlpool Corporation
AllerAir Industries Inc.
Panasonic Corporation
Koninklijke Philips NV
Samsung Electronics Co. Ltd
Winix Inc.
Xiaomi Corp
Other Prominent Players
Market Segmentation

The global air purification market segmentation focuses on Product, Technology, End-Users, and Region.

By Product Outlook

Dust Collectors
Fume & Smoke Collectors
Vehicle Exhaust
Mist Eliminators
Fire/Emergency Exhaust
Others
By Technology Outlook

HEPA
Electrostatic Precipitator
Activated Carbon
Ionic Filters
Others
By End-Users Outlook

Automotive
Construction
Healthcare & medical
Energy & utilities
Manufacturing
Others
By Regional Outlook

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America