VOC Air Purifier Market size is estimated to be USD 1.5 Billion in 2024 and is expected to reach USD 3.2 Billion by 2033 at a CAGR of 9.5% from 2026 to 2033.
The global VOC air purifier market was valued at approximately USD 1.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030. This growth can be attributed to increasing awareness regarding indoor air quality and growing concerns about volatile organic compounds (VOCs) in residential and commercial environments. VOC air purifiers are gaining significant traction due to their ability to reduce harmful gases, allergens, and odors in the air, thereby improving the health and well being of individuals. The market is witnessing a growing demand for these devices from various end use industries such as healthcare, hospitality, and automotive, further driving the markets expansion. Regionally, North America held the largest market share in 2022, with a market value of approximately USD 400 million. This dominance is due to stringent government regulations regarding air quality and increasing consumer demand for air purifiers. The Asia Pacific region is expected to exhibit the highest growth rate over the forecast period, with a projected CAGR of 10.2% from 2023 to 2030. This growth is attributed to the rapidly growing urbanization, rising pollution levels, and increasing disposable income in emerging economies like China and India. Europe also holds a significant share of the market, driven by high consumer awareness and the presence of several key manufacturers in the region, contributing to steady growth in the coming years. Opportunities in the market include technological advancements in air purifier features, such as IoT integration and enhanced filtration systems, which are anticipated to create new avenues for market players.
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Sharp
Philips
Panasonic
Xiaomi
Daikin
IQAir
Midea
Gree
Molekule
Winix Inc
BENSHION
Austin Air Systems
Airpura Industries Inc
Oransi
Timilon Corporation
Alen Corporation
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global VOC Air Purifier Market
HEPA Air Purifiers
Activated Carbon Air Purifiers
UV-C Light Air Purifiers
Ionic Air Purifiers
PECO Air Purifiers (Photo-electrochemical oxidation)
Mechanical Filtration
Electrostatic Precipitation
Chemical Absorption
Ultraviolet Light Technology
Hybrid Technology
Residential Use
Commercial Use
Industrial Use
Pre-Filters
HEPA Filters
Activated Carbon Filters
Washable Filters
Composite Filters
Households
Small Businesses
Large Enterprises
Healthcare Facilities
Educational Institutions
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global VOC Air Purifier Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global VOC Air Purifier Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global VOC Air Purifier Market, By Type
6. Global VOC Air Purifier Market, By Application
7. Global VOC Air Purifier Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global VOC Air Purifier Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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