The Air Purification Market is expected to grow from US$ 23,809.52 million in 2021 to US$ 73437.36 million by 2028. It is estimated to grow at a CAGR of 17.7% from 2021 to 2028.

The increase in airborne diseases owing to the rise in air pollution is a key factor attributed to the market's growth. Furthermore, growing awareness among the consumer about using air purifiers, a rise in disposable income, and an improved standard of living are the prominent factors boosting the market growth. The growing trend toward adopting portable and smart air purifiers is further propelling the market dynamics over the forecast period. The supportive government initiatives pertaining to emission standards, enforcement of workforce health and safety regulations, and amendment of existing air purity policies further strengthen the market dynamics for the air purification market. For instance, in August 2021, India had planned to re-establish the new national ambient air quality standards (NAAQS) in 2022.

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The report provides the current market size for Air Purification, defines trends and presents growth forecasts for nine years from 2021 to 2028. 2021 is considered as the base year, and 2021 to 2028 is forecast year for the entire report. All the market numbers for revenue are provided in US dollars. The market is analyzed by the supply side, considering the market penetration of Air Purification Market for all the regions globally.

The scope of the Air Purification Market Report:
The research report focuses on the current market trends, opportunities, future potential of the market, and competition in the Air Purification in North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also provides market insights and analysis of the Air Purification, highlighting the technological market trends, adoption rate, industry dynamics, and competitive analysis of major players in the industry.

Air Purification: Market Insights
Rising Urbanization & Industrialization is propelling the market growth
The increase in urbanization would necessarily augment the need for large-scale air filter products in residential and commercial applications, which would help drive market growth over the forecast period.
Product Type - based Insights
Based on Product Type, the air purification market is segmented into Activated Carbon Filtration, High-efficiency Particulate Air (HEPA), Ionizer Purifiers, Ultraviolet Germicidal Irradiation (UVGI), and others. The HEPA segment accounted for the largest market share in 2021 due to growing demand from various industries, including semiconductors and microelectronics.
Application - based Insights
Based on application, the air purification market is segmented into commercial, residential, and industrial. The commercial segment accounted for the largest market share in 2021.

Major highlights of the report:
• All-inclusive evaluation of the parent market
• Evolution of significant market aspects
• Industry-wide investigation of market segments
• Assessment of market value and volume in past, present, and forecast years
• Evaluation of market share
• Tactical approaches of market leaders
• Lucrative strategies to help companies strengthen their position in the market

Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Air Purification Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

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Major key players covered in this Air Purification Market report:
• Whirlpool Corporation
• Camfil
• DAIKIN INDUSTRIES, Ltd.
• Honeywell International Inc.
• Koninklijke Philips N.V.
• LG Electronics
• Panasonic Corporation
• Unilever PLC
• ActivePure Technologies, LLC.
• IQAir

Air Purification Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Reason to Buy
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Air Purification Market.
• Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
• The key findings and recommendations highlight crucial progressive industry trends in the Air Purification Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.

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