A Look into Air Purifier Industry……Deep Analysis…..



The global air purifier market size was estimated at USD 8.04 billion in 2020 and is expected to register a CAGR of 10.8% over the forecast period. The market is anticipated to be driven by rising prevalence of airborne diseases along with rising pollution levels in urban areas. Moreover, improved standard of living, increasing disposable income as well as growing health consciousness are some of the factors expected to drive the growth. Increasing need for the adoption of air pollution control equipment, especially in the developing regions is anticipated to drive the demand for air purifiers. Growing health awareness, especially in the urban youth, is expected to contribute significantly to the growth.
What is HEPA filter?
HEPA stands for High Efficiency Particulate Air, and these filters are designed to trap 99.97% particles that are 0.3 microns. It was the largest technology segment in 2020, as its high efficiency helps trap dust and dust mites, as well as pollens and allergens. Scientists have found that particles of 0.3 micron size normally evade general air filters, as compared to other particles, which is why they are popular in the air purifier market.
The market is diversified in nature with the presence of both multinational and regional players. Key players such as Honeywell International Inc.; IQAir; Daikin Industries, Ltd; Koninklijke Philips N.V.; and Panasonic Corporation have a wide-ranging product portfolio, extensive distribution network, and high degree of operational integration. All the major market players have invested extensively in R&D initiatives in the recent years, which has led to the invention of several innovative products. Major players are aiming at strategic mergers and acquisitions of small and medium scale companies to enhance their product portfolio. Hence, an intense rivalry is anticipated among players in the forthcoming years.
What technologies are part of the air purifier market?
Some of the common technologies used in the market include HEPA (High Efficiency Particulate Air), Activated Carbon technology, ionic filter technology, along with others such as UV and ozone technology. Activated carbon filters are very effective in capturing pollutants like gases and tobacco smoke, and are generally used in tandem with HEPA filters for improving efficiency of the product. Ionic filters generate negative ions which trap harmful airborne particles. UV technology makes use of UV lamps, which destroy germs and bacteria passing through them. Ozone air purifiers emit ozone gas, which is highly effective against strong odors.
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Which are the major companies involved in manufacturing air purifiers?
The air purifier market has the presence of both multinational and regional companies. Key players include Honeywell International Inc.; IQAir; Daikin Industries, Ltd; Koninklijke Philips N.V.; and Panasonic Corporation.
What are the recent developments in the air purifier market?
·         In February 2020, Dyson applied for the patent for a headphone design that has built-in air purifiers, which are built into the ear cups.
·         Ao Air launched the Atmos Faceware at the CES in January 2020, which is said to offer better protection from particulate matter than a regular mask, and also does not require the presence of an airtight seal.
·         OneLife introduced the PureOne sustainable air purifier at the CES 2020, which is effective in both residential and industrial settings. The product makes use of plasma technology to remove small particles and ultra-fine dust, and does not require any replacement of the filter during its lifetime.
·         Bulex launched the first antibacterial HEPA air purifier, called the AF-3222, which consists of an extra filter for viruses and bacteria, while the filter surface is 3 times larger than a conventional filter, and can even capture cigarette smoke, VOC gases, as well as any lingering food smell.
·         Philips launched its 800 series in India in November 2020. The affordable purifier was developed to combat asthma and allergy cases among adults and children. The product has been built with an Intelligent auto purification mode and smart sensing technology. The device is able to remove 99.95% nano-sized particles at 0.003um, which includes car emission, dust and PM2.5
Which countries have the worst air pollution index?
The 10 countries having the worst air pollution index include Mexico, India, China, Israel, Mongolia, Iran, Nepal, South Africa, Russia and Bangladesh, with majority of the countries belonging to Asia-Pacific region.
What is the impact of air pollution on the air purifiers market?
With the high number of vehicles on the road in every country, and with most of them using petrol or diesel to operate, there are large amounts of harmful gases which are released into the atmosphere, which have increased the severity of air pollution in recent years. This has directly increased the demand for air purifiers in major metropolitan cities around the globe. Developing and emerging economies have seen huge advances in construction industry, which adversely affects the air quality. Governments around the globe are adopting different measures to arrest the growth of air pollution, and have encouraged the presence of air purifiers with latest technologies, which positively impacts the market.
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What are the factors impeding growth of air purifier market in Asian countries?
Majority of the Asian countries are in a developing or emerging phase, which has meant large scale of development and construction work being carried out in these regions. Moreover, the high population in many countries has witnessed a very high demand for the product, which the manufacturers have not been able to keep up with. Another thing that can harm the product growth in the region is the high cost associated with the technology, which has stalled market penetration in the region to a certain extent, on account of the lower disposable income in many countries.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.



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