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KEY FINDINGS
The United States industrial air purifier market is estimated to grow with a CAGR of 7.09% during the forecast period. The base year considered for the studied market is 2021, and the forecasted years are from 2022 to 2028. The market growth of the country is attributed to increasing wildfires, the rising consumption of convenience food products, and the surge in air pollution.
MARKET INSIGHTS
The rising disposable income and busy work schedules in the United States are essential for the rapid growth of the country's packaged food industry. Moreover, the increasing population of working professionals facilitates an increasing need to cater to the transitioning consumption patterns of the masses. This factor has further propelled the sale of packaged and canned food, thus fueling the demand for industrial air purifiers, primarily in the United States food & beverage industry.
According to data, air pollution worsened in the United States between the years 2018 and 2019, reversing after years of sustained improvement with adverse implications for public health. Furthermore, in 2018 alone, deteriorating air quality was associated with around 10,000 additional fatalities in the United States, compared to the 2016 benchmark. As per researchers at Carnegie Mellon University, this was also the year when small-particle pollution reached a two-decade low in the country. As a result, these factors are expected to play a significant role in augmenting the demand for industrial air purifiers, thus reinforcing the market growth in the United States during the forecast period.
COMPETITIVE INSIGHTS
Key players operating in the market include Parker Hannifin Corporation, Honeywell International Inc, Babcock & Wilcox Inc, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments