As the Planet Witnesses Increase in Pollution, Opportunities Arise for Air Purification Systems Market Players: TMR

As the Planet Witnesses Increase in Pollution, Opportunities Arise for Air Purification Systems Market Players: TMR

- Over the forecast period, air purification systems market would chart a growth rate of 11.2%

- Increasing industrialization and urbanization is leading to deterioration in air quality, driving demand for air purification systems. Emerging economies to present themselves as major markets for these products over the assessment period

PR Newswire

ALBANY, New York, March 19, 2020

ALBANY, New York, March 19, 2020 /PRNewswire/ -- Set to grow at a CAGR of 11.2% from 2019 to 2027, the global air purification systems market will see an increase in market worth from USD 8.45 bn. in 2018 to USD 21.9 bn. by the end of the stated period. A number of factors underscore growth in the market, the most prominent being rapidly deteriorating air quality.

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As per Transparency Market Research, "Rapid industrialization marks economic growth worldwide, particularly in the developing regions. This leads to increase in pollution level, hampering air quality. As health issue emerge due this factor, demand for air purification systems sees an upward rise."

Key Findings of Global Air Purification Systems Market:

Explore the latest study on global air purification systems market under the title: Air Purification Systems Market (Technology - HEPA Purifier, Ionic Purifier, Electrostatic Precipitator, UV Light Purifier, Activated Carbon Purifier; Impurity - Oil and Mist Collectors, Smoke Collectors, Fume Extraction, Exhaust Filtration; End use - Residential, Commercial, Industrial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2027 at:  https://www.transparencymarketresearch.com/air-purification-systems-market.html

Key Drivers of Global Air Purification Systems Market:

Growth in global air purification systems market is owed to a number of factors, as per Transparency Market Research. Major trends and drivers, as identified by the company, are outlined below:

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Regional Analysis of Global Air Purification Systems Market:

Analyze air purification systems market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Competitive Analysis of Global Air Purification Systems Market:

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/6886

The global air purification systems market has been segmented as below:

Technology

Impurity

End-use

 Region 

Explore Transparency Market Research's award-winning coverage of the Global Factory Automation Industry:

Industrial Air Purification Market – The global industrial air purification market is growing due to various factors such as environmental awareness, industrialization, and infrastructure. Increasing number of coal, cement, chemical, and thermal industries are degrading the quality of air.

Water Purification Products Market – The global water purification products market is expected to expand at a rapid pace during the forecast period. Factors such as increase in awareness about water safety and quality, scarcity of potable water resources, increase in health concerns are expected to boost the water purification products market.

Hospital Disinfectant Products Market – The global hospital disinfectant products market was valued at US$ 10,845.74 Mn in 2017. It is expected to reach US$ 17,192.96 Mn in terms of revenue by 2026, expanding at a CAGR of 5.3% from 2018 to 2026. The market in Asia Pacific is likely to expand at a rapid growth rate during the forecast period from 2018 to 2026.

Water Purifier Market – Increase in the demand for automated fire control systems is the major driver driving the market for the military fire control systems market during the estimate period of 2017 – 2025. Development of consolidated fire control systems is one of the key factor fuelling the demand of the military fire control systems market in the coming years.

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About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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