LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET 2022-2028

Energy, Power & Utilities | Environment Services

LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET 2022-2028

Market by Compactness, Product Type, End-user, and Country Outlook | Forecast 2022-2028

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According to Triton’s report, the industrial air purifier market in Latin America is anticipated to register growth with a compound annual growth rate of 7.18% over the forecasted period 2022-2028.




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The countries examined in the given region are:

•         Brazil

•         Mexico

•         Rest of Latin America

Brazil captures the majority of the shares in the industrial air purifier market. The car manufacturing, food packaging, construction, and mining industries are booming in the region, which creates a high demand for air filtration systems. Additionally, the increasing number of supermarkets and pollution levels have increased the demand for air purifiers in commercial sectors. In this regard, the use of hydropower energy and other renewable sources contributes heavily to the studied market’s growth across the region.

Brazil has witnessed considerable growth in GDP over the past few years. As per the International Monetary Fund, the country’s economy is expected to strengthen further by the end of 2022. Besides this, the efforts to comply with the Organization for Economic Cooperation and Development liberalization codes are expected to foster trade integration, boosting economic growth. However, the rise in economic activities has led to a rise in emission levels, impacting human health and the environment. Therefore, the nation’s goal to reduce GHG emissions is expected to increase the adoption of air purifiers, creating opportunities for the industrial air purifier market.

Industrial air purifiers find major applications in the agriculture sector, such as poultry, warehouses, processing, and other activities. These air cleaners offer efficient particulate filtration and eliminate airborne viruses and microbes. This increases the shelf life of agricultural products. For instance, an air purifier eliminates ethylene accumulation, ensuring long-term storage of fruits in warehouses and preventing premature ripening. The market’s growth is determined based on end-user, product type, and compactness. The end-user section includes agriculture, pharmaceutical, power, cement, food & beverage, and others.

The key companies in the market consist of Parker Hannifin Corporation, Elex AG, Thermax Ltd, GEA Group AG, Euromate BV, and Hamon Group.

Parker Hannifin Corporation manufactures motion and control technologies and systems. Moreover, it offers precision-engineered solutions for mobile, industrial, and aerospace markets. The company also offers fluid purification, process instrumentation, air conditioning, refrigeration, and thermal management systems. It has manufacturing, distribution, and sales facilities across 49 nations, including in Latin America.

 

Key deliverables of the report:

·       Market CAGR during the forecasting years 2022-2028

·       Detailed data highlighting key insights, industry components, and market strategies

·     Comprehensive information and estimation of the industrial air purifier market revenue growth in Latin America and its influence on the parent market

·       In-depth study of forthcoming trends in consumer behavioral patterns

·       A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces

·       A wide-ranging study of factors that will challenge the LA industrial air purifier market’s growth during the upcoming years

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Table of Content

1. LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE INDUSTRIAL AIR PURIFIER MARKET

2.2. KEY INSIGHTS

2.2.1. COMPACT PURIFIER IS THE MAJOR SEGMENT IN THE MARKET

2.2.2. RAPID INDUSTRIAL AIR PURIFIER ADOPTION IN THE METAL PROCESSING INDUSTRY

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. INDUSTRY COMPONENTS

2.7. KEY MARKET STRATEGIES

2.7.1. ACQUISITIONS

2.7.2. PRODUCT DEVELOPMENTS

2.8. MARKET DRIVERS

2.8.1. INCREASING DEMAND FOR WORKERS’ SAFETY

2.8.2. INCREASING HEALTH CONCERNS DUE TO AIR POLLUTION

2.8.3. FAVORABLE GOVERNMENT MEASURES

2.9. MARKET CHALLENGES

2.9.1. HIGH MAINTENANCE COST OF AIR PURIFIERS

2.9.2. EMISSION OF HARMFUL BY-PRODUCTS

2.10. MARKET OPPORTUNITIES

2.10.1. GROWING ADOPTION OF MOLECULAR INDUSTRIAL AIR PURIFIERS

2.10.2. ECONOMIC IMPACT OF DEGRADING AIR QUALITY

3. LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET OUTLOOK - BY COMPACTNESS

3.1. COMPACT

3.2. NON-COMPACT

4. LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET OUTLOOK - BY PRODUCT TYPE

4.1. MOLECULAR

4.2. PARTICULATE

5. LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET OUTLOOK - BY END-USER

5.1. FOOD & BEVERAGE

5.2. METAL PROCESSING

5.3. AGRICULTURE

5.4. PHARMACEUTICAL

5.5. POWER

5.6. CEMENT

5.7. OTHER END-USERS

6. LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET – COUNTRY OUTLOOK

6.1. BRAZIL

6.2. MEXICO

6.3. REST OF LATIN AMERICA

7. COMPETITIVE LANDSCAPE

7.1. HONEYWELL INTERNATIONAL INC

7.2. DAIKIN INDUSTRIES LTD

7.3. TROTEC GMBH

7.4. PARKER HANNIFIN CORPORATION

7.5. EUROMATE BV

7.6. CAMFIL AB

7.7. ELEX AG

7.8. GENERAL ELECTRIC COMPANY

7.9. MANN+HUMMEL GROUP

7.10. THERMAX LTD

7.11. HAMON GROUP

7.12. GEA GROUP AG

7.13. BABCOCK & WILCOX ENTERPRISES

7.14. JOHN WOOD GROUP PLC

7.15. DUCON TECHNOLOGIES

7.16. SPX CORPORATION

8. RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: LIST OF ACQUISITIONS

TABLE 4: LIST OF PRODUCT DEVELOPMENTS

TABLE 5: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY COMPACTNESS, 2022-2028 (IN $ MILLION)

TABLE 6: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY PRODUCT TYPE, 2022-2028 (IN $ MILLION)

TABLE 7: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 8: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: INDUSTRY COMPONENTS

FIGURE 3: ECONOMIC COST OF AIR POLLUTION FROM FOSSIL FUELS AS PER GDP IN 2018

FIGURE 4: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY COMPACTNESS, 2021 & 2028 (IN %)

FIGURE 5: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY COMPACT, 2022-2028 (IN $ MILLION)

FIGURE 6: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY NON-COMPACT, 2022-2028 (IN $ MILLION)

FIGURE 7: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY PRODUCT TYPE, 2021 & 2028 (IN %)

FIGURE 8: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY MOLECULAR, 2022-2028 (IN $ MILLION)

FIGURE 9: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY PARTICULATE, 2022-2028 (IN $ MILLION)

FIGURE 10: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY END-USER, 2021 & 2028 (IN %)

FIGURE 11: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY FOOD & BEVERAGE, 2022-2028 (IN $ MILLION)

FIGURE 12: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY METAL PROCESSING, 2022-2028 (IN $ MILLION)

FIGURE 13: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY AGRICULTURE, 2022-2028 (IN $ MILLION)

FIGURE 14: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY PHARMACEUTICAL, 2022-2028 (IN $ MILLION)

FIGURE 15: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY POWER, 2022-2028 (IN $ MILLION)

FIGURE 16: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY CEMENT, 2022-2028 (IN $ MILLION)

FIGURE 17: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)

FIGURE 18: LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET, BY COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 19: BRAZIL INDUSTRIAL AIR PURIFIER MARKET 2022-2028 (IN $ MILLION)

FIGURE 20: MEXICO INDUSTRIAL AIR PURIFIER MARKET 2022-2028 (IN $ MILLION)

FIGURE 21: REST OF LATIN AMERICA INDUSTRIAL AIR PURIFIER MARKET 2022-2028 (IN $ MILLION)

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