North America Air Treatment Market Analysis/Forecasts, 2021-2022 & 2028: Development of Wearable and Giant Air Treatment Products to Gain Momentum - ResearchAndMarkets.com
The "North America Air Treatment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type and Application" report has been added to ResearchAndMarkets.com's offering.
The "North America Air Treatment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type and Application" report has been added to ResearchAndMarkets.com's offering.
The air treatment market in North America is expected to grow from US$ 3,187.10 million in 2021 to US$4,293.92 million by 2028; it is estimated to register a CAGR of 4.4% from 2021 to 2028.
Air pollution is the most serious issue, caused by smoke and fumes produced by burning fossil fuels. The US Environmental Protection Agency (EPA) controls more than 80 different poisons found in industrial pollution, ranging from asbestos and dioxin to lead and chromium. Despite these limitations, the industrial sector is among the world's most polluting sources of air pollution.
In the last few years, urbanization and manufacturing have unleashed a variety of environmental pollutants into the atmosphere. Since the start of the Great Acceleration, from the second half of the 20th century, an extensive rise in the emission of pollutants has profoundly altered the composition of the atmosphere and worsened air quality at global, regional, and local scales.
However, due to the limited availability of air quality data, in terms of both space and time, the chronic effects of long-term exposure to air pollution on the health of urban populations are undetermined. In line with this, many authorities are focused on managing air pollution by enacting new stringent rules and standards for indoor air quality, which is expected to propel the air treatment market growth throughout the forecast period.
Moreover, government authorities and nongovernmental organizations (NGOs) in various countries are making efforts to control air pollution, which is likely to promote market growth during the forecast period. Some of the most common air treatment and pollution prevention technologies are incinerators, gravitational settling chambers, electrostatic precipitators, cyclone separators, selective catalytic reduction systems, filters, biofilters, and scrubbers in industries.
Air treatment using a wide range of air pollution control devices to prevent their adverse effects on the environment and human health is bolstering the market's growth. Rapid industrialization is leading to significant growth in industrial exhaust and emissions.
Therefore, the benefits offered by filters and other air treatment systems - including extracting fine dust and industrial air that pose a health risk to people in various industries, such as agriculture, healthcare, and manufacturing - are propelling their demand in the industrial processes.
With new features and technologies, vendors attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America air treatment market at a substantial CAGR during the forecast period.
Key Market Dynamics
Market Drivers
- Increasing Incidents of Chronic Health Issues due to Air Pollution
- Raising Industrialization in the region
Market Restraints
- Occurring Renewable Energy Sources as Alternative to Conventional Energy Sources
Market Opportunities
- Rapid of Advanced Air Treatment Products
Future Trends
- Development of Wearable and Giant Air Treatment Products
Company Profiles
- Beko Technologies
- Donaldson Company, Inc.
- Friulair Srl
- Ingersoll Rand Inc.
- KAESAR KOMPRESSOREN
- Mikropor
- OMEGA AIR d.o.o. Ljubljana
- ORION Electronics Ltd.
- SPX FLOW, Inc.
- Xebec Adsorption Inc.
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