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the air purification systems market size will grow from USD 14.46 Billion in 2015 to reach USD 20.65 Billion by 2020, at an estimated CAGR of 7.38%. Accelerated urbanization, growth in infrastructural activities, and increasing industrialization has multiplied the rate of air pollution in the environment which has resulted in the need for air purification systems across the globe. The increasing income and spending capacity of people in developing economies and increasing demand in various end-use sectors such as automotive, building & construction, healthcare & medical, manufacturing, and energy & utilities are the major factors driving the growth of the air purification market.
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Air Purification Systems Market worth 20.65 Billion USD by 2020 The report "Air Purification Systems Market Product (Dust Collectors, Fume & Smoke Collectors, Vehicle Exhaust, Others), Technology (HEPA, ESP, Activated Carbon, Ionic Filters, Others), End- Use Sector (Automotive, Construction, Healthcare, Others) - Forecast to 2020", The air purification market size is projected to grow from USD 14.46 Billion in 2015 to reach USD 20.65 Billion by 2020, at an estimated CAGR of 7.38%. Accelerated urbanization, growth in infrastructural activities, and increasing industrialization has multiplied the rate of air pollution in the environment which has resulted in the need for air purification systems across the globe. The increasing income and spending capacity of people in developing economies and increasing demand in various end-use sectors such as automotive, building & construction, healthcare & medical, manufacturing, and energy & utilities are the major factors driving the growth of the air purification market. Download PDF Brochure:http://www.marketsandmarkets.com/pdfdownload.asp?id=12496591 Target audience Air purification solutions providers Environmental service providers Government and regulatory bodies Market research and consulting firms Commercial R&D institutions Associations and industry bodies Asia-Pacific to play a key role in the air purification market Factors such as the increasing urbanized population in China and India along with the growth in disposable income, and the growing concern regarding the ill-effects of air pollution on human health in these countries are driving the growth of the Asia-Pacific air purification market. Rapid industrialization and imposition of strict laws pertaining to toxic emission control are also major factors contributing to the growth of the air purification market in this region. Request Sample:http://www.marketsandmarkets.com/requestsample.asp?id=12496591 The scope of the report The scope of the report covers detailed information regarding the major factors influencing the growth of the air purification market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been conducted to provide insights into their business overview, products & services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, joint ventures, and recent developments associated with the air purification market. Key Players: The Key Players of the Market are Honeywell International Inc. (U.S.), 3M Company (U.S.), Sharp Corporation (Japan), Daikin Industries, Ltd. (Japan), and Air Products and Chemicals, Inc. (U.S.). Speak to Analyst:http://www.marketsandmarkets.com/speaktoanalyst.asp?id=12496591
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