Global Air Purifier Market Report-2025

Global Air Purifier Market Size study, by Filter type End-user and Regional Forecasts 2018-2025 Bharat Book Bureau Provides the Trending Market Research Report on “Global Air Purifier Market Size study, by Filter type End-user and Regional Forecasts 20182025”under Retail Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Global Air Purifier Market Size study, by Filter type (HEPA, ion & ozone, electrostatic precipitators, activated carbon and others) End-user (residential, commercial, medical and industrial) and Regional Forecasts 2018-2025.

Global air purifier market is valued at approximately USD 8.2 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 10.6% over the forecast period 2018-2025. Increasing awareness about environmental degradation and government efforts to promotes sustainable development are some key trends that are responsible for the wide adoption of air purifier globally.

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Global air purifier market is majorly driven by government policies and initiatives to reduce air pollution. As per the United States Environmental Protection Agency (EPA), the act named ‘Clean Air Act’ was introduced in 1990 to set National Ambient Air Quality Standards for pollutants considered harmful to public health and

environment. The Act indicates two types of national ambient air quality standards.

Primary standards offer public health protection, including protecting the health of population such as elderly, children and asthmatics. Also, the secondary standards offer public welfare protection that includes protection against damage to animals, crops, vegetation and building. Similarly, as per the World Bank Organization in June 2018, China is the world’s largest emitter of greenhouse gases. Concerned with the adverse environmental and health consequences of air pollution, the Government of China is actively working to implement the series of mitigation plans. To support this, in March 2016 the World Bank has approved funds of $500 million as loan to China to control air pollution across the country. These investments would support technological advancements in sensor technology. As a result, the demand & adoption of air purifier would increase thereby, aiding the growth of the market over the forecast period of 2018-2025. However, high cost and release of byproducts is the major factor that impede the growth of the Air Purifier market over the forecast period.

On the basis of segmentation, the air purifier market is segmented into filter type and end-user. The filter type segment of global air purifier market is classified into HEPA, ion & ozone, electrostatic precipitators, activated carbon and others of which HEPA accounts for the largest contributing segment owing to the imperative role of HEPA in the abatement of ambient as well as household air pollution. Based on enduser segment, global air purifier market is diversified into residential, commercial, medical and industrial of which commercial sector holds the leading position in the market as photocatalytic oxidation purifiers are being increasingly used in the HVAC filters by the limiting the entry of unconditioned air into building space. Also, the residential segment is expected to emerge as a fastest growing segment owing to the increased carbon emissions and growing health consciousness.

The regional analysis of air purifier market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America and ROW. North America have occupied major share in the global Air Purifier market. The major reasons for the dominance of North America are increasing carbon emissions, rising prevalence of respiratory diseases and development of innovative air purifiers. Whereas, AsiaPacific is expected to emerge as the fastest growing region in terms of market share.

The growth of Asia-Pacific region is witnessed owing to rising infrastructure development such as energy-related and constructions projects and growing awareness about environmental pollution.

The leading market players mainly include- Koninklijke Philips N.V. - Honeywell International Inc - Sharp Corporation - COWAY Co., LTD. - Panasonic Corporation - Blueair AB - IQAir AG - Camfil AB

- Samsung Electronics Co. Ltd. - Whirlpool Corporation The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Filter type: - HEPA - Ion & Ozone - Electrostatic Precipitators - Activated Carbon - Others

By End-user: - Residential - Commercial - Industrial - Medical

By Regions: North America - U.S. - Canada Europe - UK - Germany - ROE Asia Pacific - China - India - Japan - ROAPEC - LAMEA - Brazil - Mexico - ROW - Middle East & Africa Furthermore, years considered for the study are as follows:

- Historical year – 2015, 2016 - Base year – 2017 - Forecast period – 2018 to 2025 Target Audience of the Global Air Purifier Market in Market Study: - Key Consulting Companies & Advisors - Large, medium-sized, and small enterprises - Venture capitalists - Value-Added Resellers (VARs) - Third-party knowledge providers - Investment bankers - Investors Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/global-air-purifier-market-sizestudy-by-filter-type-end-user-and-regional-forecasts-2018-2025-/1546347 About Bharat Book Bureau: Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors.

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