Bizizz Market Research has recently published a research report, “Air Disinfectant Market by Type (Ultraviolet radiation Disinfection, High efficiency particulate air (HEPA) disinfection, Chemical disinfection, Ozone disinfection, and Others) by Application (Household, Shopping Complex, Hospital, School, and Others) and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.
As per the report, Global Air Disinfectant Market was valued at US$ XX Mn in 2018 and it is anticipated to reach at market value of US$ 2.3 Bn by 2027, witnessing a CAGR of 10.6 % during the forecast period. Key drivers of the market are rising demand from industrial sector and advantages associated with Air Disinfectant.
Air Disinfectant is used to disinfect the surroundings from harmful bacteria and germs. Rising awareness regarding health and hygiene maintenance around the globe is anticipated to fuel the market growth. Moreover, rising incidents of respiratory diseases is anticipated to positively influence the market growth.
The Air Disinfectant Market Is Anticipated To Register A CAGR Of Over 10.6 % During The Forecast Period.
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Based on Type, Ozone Disinfection Segment is Anticipated to Dominate the Global Market By Holding a Prominent Share Throughout The Forecast Period
Moreover, ozone disinfection is expected to occupy prominent share during the forecast period. The ozone disinfectant has powerful oxidizing capacity and good penetration rate which is fueling the segment growth.
Moreover, HEPA segment is expected to show noteworthy growth in coming years. Rising industrialization around the globe is making it necessary to control the pollution level in surroundings. To Purify the surroundings high efficiency particulate air filter is majorly being used in several industrial sectors. This is anticipated to favor the segment growth over the forecast timespan.
North AmericaIs Anticipated To Hold Prominent Share During the Forecast Period
In terms of region, North America is anticipated to lead the global market over the forecast period. The region occupied 37.4 % share in 2018. North America has registered significant number of surgeries and usage of disinfectant to minimize the risk of contamination and transmission of infections. Moreover, rising healthcare expenditure is expected to favor the regional growth.
The global market is moderately fragmented with several global players. Companies are focused on research and development activities to develop more advanced and effective air disinfectants intended to increase their customer base which will eventually affect their market share in a positive manner.
Prominent players operating in the Global Air Disinfectant Market are: Airinspace, Lvtianshi, Kengewang, Airfree, Haoruida, Novita, Aojie, Oulaibo, Laoken, Crowcon, Kangya, and Denoda, among others.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
c) Impact on Industry / company revenue and predictive intelligence on forecast sales
d) In-depth analysis on market segmentation – both value and volume analysis
e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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