Global Indoor Air Purification Market Size Study, by Product, by Technology, by Application, and Regional Forecasts 2022-2032

Description

Global Indoor Air Purification Market is valued at approximately USD 23.43 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2024-2032. Rising concerns over deteriorating indoor air quality have spurred demand for effective air purification solutions across residential, commercial, and industrial settings. Air pollution, exacerbated by urbanization and industrialization, has adversely impacted public health, prompting consumers to adopt air purifiers as a preventive measure against respiratory ailments, allergies, and chronic illnesses. Furthermore, government regulations mandating better air quality standards in buildings, combined with innovations in energy-efficient, advanced filtration technologies, are creating significant growth opportunities for the indoor air purification market.

Technological advancements such as HEPA and electrostatic precipitators have further catalyzed market growth, offering superior filtration performance that addresses various airborne pollutants. For instance, electrostatic precipitators are gaining traction for their efficiency in removing fine particles, making them ideal for diverse applications across industries. Moreover, the heightened emphasis on sustainable and eco-friendly products aligns with the growing adoption of air purifiers integrated with smart home technologies, thereby enhancing the consumer experience.

The COVID-19 pandemic further underscored the critical need for indoor air purification systems, as consumers and businesses prioritized air quality to mitigate airborne disease transmission risks. The pandemic has also heightened awareness about the health benefits of cleaner indoor air, encouraging investments in commercial and industrial air purification technologies. However, factors such as the high initial costs of advanced air purifiers and limited awareness in emerging markets may hinder market growth during the forecast period.

Key regions contributing to market expansion include Asia Pacific, North America, and Europe. Asia Pacific leads due to rapid urbanization and industrial growth, particularly in countries like China and India, where pollution levels have driven consumer demand for air purifiers. North America, on the other hand, is experiencing the fastest growth, propelled by strict regulatory standards and increasing awareness about indoor air quality. Europe remains lucrative, supported by stringent sustainability goals and advanced energy-efficient technologies.

Major companies actively shaping the market include FLSmidth, Hamon, Camfil, Thermax Limited, Honeywell International Inc., and others. These firms are investing heavily in product innovation, strategic collaborations, and advanced technologies to maintain their competitive edge.

Major market players included in this report are:

FLSmidth
Hamon
Camfil
Thermax Limited
Kelin Environmental Protection Technology Co., Ltd.
KC Cottrell India
Nederman Holding AB
Sumitomo Heavy Industries, Ltd.
Donaldson Company, Inc.
Babcock & Wilcox Enterprises, Inc.
Sharp Corporation
Honeywell International Inc.
Daikin Industries, Ltd.
Halton Group
Trane

The detailed segments and sub-segment of the market are explained below:

By Product:

Dust Collectors & Vacuums
Fume & Smoke Collectors
Mist Eliminators
Fire & Emergency Exhaust
Others

By Technology:

High-Efficiency Particulate Arrestance (HEPA)
Electrostatic Precipitators
Activated Carbon
Ionic Filters
Others

By Application:

Commercial
Industrial
Residential

By Region:

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Spain
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
Latin America
- Brazil
- Argentina
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approaches.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Indoor Air Purification Market Executive Summary

1.1. Global Indoor Air Purification Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Technology
- 1.3.3. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Indoor Air Purification Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Indoor Air Purification Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Air Pollution in Urban Areas
- 3.1.2. Advancements in Air Purification Technologies
- 3.1.3. Government Regulations for Better Indoor Air Quality
3.2. Market Challenges
- 3.2.1. High Costs of Advanced Purification Technologies
- 3.2.2. Limited Awareness in Emerging Markets
3.3. Market Opportunities
- 3.3.1. Integration with Smart Home Technologies
- 3.3.2. Rising Demand in Emerging Economies

Chapter 4. Global Indoor Air Purification Market Industry Analysis

4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Indoor Air Purification Market Size & Forecast by Product (2022-2032)

5.1. Segment Dashboard
5.2. Global Indoor Air Purification Market: Product Revenue Trend Analysis, 2022-2032 (USD Billion)
- 5.2.1. Dust Collectors & Vacuums
- 5.2.2. Fume & Smoke Collectors
- 5.2.3. Mist Eliminators
- 5.2.4. Fire & Emergency Exhaust
- 5.2.5. Others

Chapter 6. Global Indoor Air Purification Market Size & Forecast by Technology (2022-2032)

6.1. Segment Dashboard
6.2. Global Indoor Air Purification Market: Technology Revenue Trend Analysis, 2022-2032 (USD Billion)
- 6.2.1. HEPA (High-Efficiency Particulate Arrestance)
- 6.2.2. Electrostatic Precipitators
- 6.2.3. Activated Carbon
- 6.2.4. Ionic Filters
- 6.2.5. Others

Chapter 7. Global Indoor Air Purification Market Size & Forecast by Application (2022-2032)

7.1. Segment Dashboard
7.2. Global Indoor Air Purification Market: Application Revenue Trend Analysis, 2022-2032 (USD Billion)
- 7.2.1. Commercial
- 7.2.2. Industrial
- 7.2.3. Residential

Chapter 8. Global Indoor Air Purification Market Size & Forecast by Region (2022-2032)

8.1. North America Indoor Air Purification Market
- 8.1.1. U.S. Indoor Air Purification Market
- 8.1.2. Canada Indoor Air Purification Market
- 8.1.3. Mexico Indoor Air Purification Market
8.2. Europe Indoor Air Purification Market
- 8.2.1. Germany Indoor Air Purification Market
- 8.2.2. UK Indoor Air Purification Market
- 8.2.3. France Indoor Air Purification Market
- 8.2.4. Italy Indoor Air Purification Market
- 8.2.5. Spain Indoor Air Purification Market
- 8.2.6. Rest of Europe Indoor Air Purification Market
8.3. Asia Pacific Indoor Air Purification Market
- 8.3.1. China Indoor Air Purification Market
- 8.3.2. Japan Indoor Air Purification Market
- 8.3.3. India Indoor Air Purification Market
- 8.3.4. South Korea Indoor Air Purification Market
- 8.3.5. Australia Indoor Air Purification Market
- 8.3.6. Rest of Asia Pacific Indoor Air Purification Market
8.4. Latin America Indoor Air Purification Market
- 8.4.1. Brazil Indoor Air Purification Market
- 8.4.2. Argentina Indoor Air Purification Market
- 8.4.3. Rest of Latin America Indoor Air Purification Market
8.5. Middle East & Africa Indoor Air Purification Market
- 8.5.1. Saudi Arabia Indoor Air Purification Market
- 8.5.2. UAE Indoor Air Purification Market
- 8.5.3. South Africa Indoor Air Purification Market
- 8.5.4. Rest of Middle East & Africa Indoor Air Purification Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. FLSmidth
- 9.1.2. Hamon
- 9.1.3. Camfil
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. FLSmidth
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Hamon
- 9.3.3. Camfil
- 9.3.4. Thermax Limited
- 9.3.5. Honeywell International Inc.
- 9.3.6. Daikin Industries, Ltd.
- 9.3.7. Sharp Corporation

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes