July 07, 2020
According to the research report titled ‘Global Clean Air Solutions Market: Analysis By Solutions Type, Application, By Region, By Country (2020 Edition): Market Insight, Competition and Forecast (2020-2025), available with Market Study Report LLC, global clean air solutions market was valued at USD 19015.65 million in the year 2019 and is estimated to witness significant growth over 2020-2025.
The global clean air solutions market is poised to experience notable traction in the coming years, owing to the rising concerns regarding air pollution caused by industrial processes. Growing need for energy efficient and high performing products are anticipated to drive market growth. Technical developments in the manufacturing sector for producing new filter media to satisfy the demand for energy efficient products will facilitate the growth of market, cites the study.
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Based on the application, the market is divided into commercial, industrial, and residential. Based on the regional overview, the market is divided into North America, Asia-Pacific, South America, Europe, MEA and South America.
Based on the solutions, the market is segmented into room, cabin, and facility. The cabin solutions segment is projected to hold the largest market share in the coming years. The growing demand for installation of cleanroom technologies such as clean rooms or cabins for manufacturing quality products across various industries is anticipated to contribute to the growth of the segment during the forecast period. Technological advancements are a major factor driving the cabin solutions segment market.
Moreover, rising demand for indoor air purification systems in medical, construction, commercial, hygiene, and industrial sector is expected to drive the global clean air solutions market. Also, increasing prevalence of severe health conditions caused by indoor air pollution is fueling the adoption rate of residential air purifiers worldwide, hence driving triggering the industry expansion. Growing industrial performance by some major economies such as South Korea, China, US, and India, along with growing production activities in power generation sector, is propelling the demand for several air treatment equipment.
Key players operating in the global clean air solutions market are QleanAir, Zehnder Group, Asecos Gmbh, Camfil, Portafab, IqAir, Smoke Solution, Njord, Tornex Inc., and Blueair among others.