Stringent Government Regulations Increase the Demand for Industrial Air Purifiers
" The global industrial air purifier market is expected to witness a CAGR of more than 7% to reach $20 billion by 2025 "
Bangalore, India, August 9, 2019: With its recently published study “Global Industrial Air Purifier Market – Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025”, Infoholic Research forecasts that the global market for industrial air purifiers will continue to grow, owing to the stringent regulations from governments across various countries to curb the emission from manufacturing plants and factories. Emissions from these facilities account for a major share in air pollution and have affected public health, increasing the risk factor for heart and lung diseases. The number of cities reporting to the WHO regarding air pollution level has increased considerably over the last decade. With WHO recommendation, many cities have set up air purifiers in industries and towns for reducing the pollution level. Air purifiers help in achieving the environmental standards by cleaning the air expelled from the factory, which may contain chemical fumes, chemical powders, volatile solvents, and many other substances that are hazardous for human health.
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North America is the major contributor to the global industrial air purifier market, with significant demand arising from manufacturing, healthcare, and food & beverage verticals. The US was the leading country in the industrial air purifier market in 2018. This trend is expected to continue during the forecast period 2019–2025, fueling the global industrial air purifier market growth at a CAGR of more than 7% to reach revenue of $20 billion by 2025.
Healthcare & biotechnology, manufacturing, and energy & power industry are few of the major end-users of industrial air purifiers. The outbreak of contagious diseases increases the demand for air purifiers in the healthcare & biotechnology industry. For instance, there was an increasing demand for ionizing and HEPA filters during the SARS outbreak.
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There is a lack of adoption of industrial air purifiers in small factories and manufacturing units due to the high cost of these purifiers. Industrial air purifiers are more powerful when compared to residential air purifiers and are usually more expensive. The cost of an industrial air purifier system could range from tens of thousands of dollars to millions of dollars, depending on the type of purification required.
“Air purifiers are being widely used across industries for maintaining the air quality in the manufacturing units and factories. However, with stringent government regulations, there will be a requirement for a greater number of air purifiers for the sole purpose of purifying the emissions from the factories,” pointed out Arjun Das, Senior Research Analyst, Infoholic Research
Key Segments of the Report Include:
- Major Purification Type:
- Filter-based Air Purifiers
- Adsorbent-based Air Purifiers
- Ionizing Air Purifiers
- Ultraviolet Air Purifiers
- Ozone Air Purifiers
- Key End-users:
- Healthcare & Biotechnology Industry
- Chemical Industry
- Electrical & Electronics Industry
- Food & Beverage Industry
- Energy & Power Industry
- Manufacturing industry
- Industry outlook: Market trends, drivers, restraints, and opportunities