Indoor Air Purification Market Size Will Surpass $38.21 Billion, Globally by The End Of The Financial Year 2028: Polaris Market Research

January 18 15:30 2022
Indoor Air Purification Market Size Will Surpass $38.21 Billion, Globally by The End Of The Financial Year 2028: Polaris Market Research
Polaris Market Research
According to a new study by Polaris Market Research The global indoor air purification market size & share, revenue is expected to grow from USD 20.60 billion in 2020 to reach USD 38.21 billion by 2028, at 5.6% annual CAGR during 2021-2028. The market companies’ profiles included in the report with their sales, revenues, and strategies are Abatement Technologies, 3M Purification Inc., Honeywell International Inc., AllerAir Industries Inc., Blueair, Inc., and others

According to the latest research study, the demand of global Indoor Air Purification Market Share, Size, Trends, Industry Analysis Report, By Product; By Technology; By Application (Industrial, Commercial, Residential); By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into the current market dynamics and provides analysis on future market growth. The global indoor air purification market size & share revenue is expected to grow from USD 20.60 billion in 2020 to reach USD 38.21 billion by 2028, at 5.6% annual CAGR during 2021-2028. 

Report Overview & Coverage:

The increasing incidence of various infectious pathogens, along with surging coronavirus cases, will be the key factor for the growth of the global market during the forecast period. Increasing levels of toxic substances in the environment as a consequence of the rising prevalence of industrialization and motorization in urban areas increased health awareness and rise in disposable income are other factors expected to drive the industry’s development.

The emergence of a new coronavirus has sparked widespread concern about the spread of highly infectious diseases worldwide. Several market players have embraced different innovations and launched novel products to combat the pandemic, potentially reducing virus transmission. With over 150 million cases observed worldwide, COVID-19 has a significant impact on the world. The rising cases of COVID-19 would drive a substantial increase in the use of purifiers across the globe. 

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Industry Major Market Players:

  • Abatement Technologies
  • 3M Purification Inc.
  • Honeywell International Inc.
  • AllerAir Industries Inc.
  • Blueair, Inc.
  • Sharp Corporation
  • Lifewell Environment Technology Co. Ltd
  • Electrocorp and Lennox International Inc.
  • Coway Co., Ltd.
  • Dyson Limited
  • Levoit
  • LG Corp.
  • Koninklijke Philips N.V.
  • Sharp Corporation
  • Winix America Inc.

The report inspects the financial standing of the leading companies which holds the gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. In addition, information about the market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key players has been given in the global Indoor Air Purification market report.

Indoor Air Purification Market Forecast till 2028

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The analysis specializes in offering multiple factors which have affected the advancement and improvement in a positive as well as negative manner. The purpose of this study is to deliver global Indoor Air Purification market knowledge and strategic insights to assist in making informed investment decisions, and identifying potential growth opportunities. This research provides vital intelligence on important business trends, industry structure, and forecasts that are essential to developing business plans and strategies.

The Report Covers Major Aspects:

  • The report explores the key factors of drivers, restraints, and opportunities enabling strategic decision-making with perceptive to identify the market prospects.
  • The report determines the global Indoor Air Purification market trends, attractiveness, estimations, and forecasting
  • The study will assist stakeholders such as manufacturers and distributors in identifying and capturing data and information which is specific to clients’ niches and their business requirements.
  • It also contains a discussion on various regulatory factors critical for global Indoor Air Purification market growth. A team of skilled analysts, statisticians, research experts, enthusiastic forecasters, and economists works meticulously to build such great research reports for businesses.

 

Report Scope

Report Attributes

Details

Market size value in 2020

USD 20.6 billion

Revenue forecast in 2028

USD 38.2 billion

CAGR

5.6% 

Base year

2020

Historical data

2016 – 2019

Forecast period

2021 – 2028

Key Companies

Abatement Technologies, 3M Purification Inc., Honeywell International Inc., AllerAir Industries Inc., Blueair, Inc., Sharp Corporation and others

Segments covered

By Type, By Application, By End-Use, By Region

Regional scope

North America Europe Asia Pacific Latin America; Middle East & Africa

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Geographical Breakdown:

The regional and country breakdowns section provides an analysis of the global Indoor Air Purification market in each geography and the size of the market by geography and compares their historic and forecast growth. The study then enfolds the impact and recovery path of Covid 19 for all regions, key developed countries, and major emerging markets.

On the basis of regions, the report has segmented the global Indoor Air Purification market into the following key regions:

  • North America (United States, Canada, and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and the rest of South America)
  • The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)

 

Polaris Market Research has segmented the indoor air purification market report on the basis of product, technology, application, and region:

Indoor Air Purification, Product Outlook (Revenue – USD Million, 2016–2028)

  • Dust collectors & vacuums
  • Fume & smoke collectors
  • Mist eliminators
  • Fire & emergency exhaust
  • Others

Indoor Air Purification, Technology Outlook (Revenue – USD Million, 2016–2028)

  • High-Efficiency Particulate Arrestance (HEPA)
  • Electrostatic precipitators
  • Activated carbon
  • Ionic filters
  • Others

Indoor Air Purification, Application Outlook (Revenue – USD Million, 2016 – 2028)

  • Industrial
  • Commercial
  • Residential

Indoor Air Purification, Regional Outlook (Revenue – USD Million, 2016 – 2028)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Austria
    • Netherlands
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • Indonesia
    • Malaysia
    • South Korea
    • Australia
  • Latin America
    • Brazil
    • Argentina
    • Mexico
  • Middle East and Africa
    • Israel
    • Saudi Arabia
    • South Africa
    • UAE

 

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About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers

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