Air purifiers play a critical role in mitigating air pollution by eradicating dust, toxic fumes, contamination, small particles, unhealthy odors, volatile organic substances, and oil mist. The air purification market encompasses the leading companies that are pushing the boundaries with their innovative solutions while safeguarding public health. In this blog, we will delve into the world of air purifiers and the top 10 companies that are expanding the market landscape.
Importance of the Air Purification Market
The air purification market is gaining the attention of both consumers and businesses due to increasing concerns about air pollution. Recent urbanization and industrialization have contributed to a surge in the emission of several toxic gases, explosive chemicals, hazardous components, and fine particulate matter (PM). The use of an efficient air purifier can eliminate all these harmful contaminants from the air. They not only improve indoor air quality but also benefit the public's health.
According to Extrapolate, the air purification market held shares of $16.12 billion in 2022 and is expected to reach $29.32 billion by 2030, exhibiting a CAGR (compound annual growth rate) of 7.76% over 2023-2030. This market growth is attributed to increasing awareness of green buildings with environmentally friendly structures. Additionally, environmental organizations are actively promoting green initiatives that offer cleaner indoor air, ultimately boosting the use of air purifiers and promoting a healthier living and working environment.
What are the Methods of Air Purification?
Air can be purified through various methods, such as:
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HEPA
High-efficiency particulate air, or HEPA, filters are a type of mechanical filtration that can remove at least 99.97% of 0.3-micrometer particles and airborne particles, including dust, pollen, and pet dander.
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UVGI
Ultraviolet Germicidal Irradiation, or UV technology, often used in conjunction with particulate filter systems, is effective at killing germs such as bacteria and viruses.
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Activated Carbon Filters
Activated carbon, or activated charcoal filters, are effective at adsorbing pollutants due to their large surface area of microscopic pores.
Top 10 Air Purification Manufacturers in 2024
Leading companies are developing innovative and energy-saving air filters to cater to evolving consumer preferences. The top 10 companies in this market are outlined below:
1. Honeywell International, Inc.
Honeywell International, Inc. is a major player in the global air purification market. The company is known for producing innovative air purifiers, such as the Honeywell Air Touch I9 air purifier, which was launched in 2019. Honeywell aims to increase its dominance in the market with new product releases, licensing deals, supply chain growth, technology investments, and acquisitions and mergers.
2. Koninklijke Philips N.V
Koninklijke Philips N.V. is a significant player in the air purification market. The company is known for its advanced air purifiers, such as the Air Purifier with HEPA Filter series, which features "active plasma ion" technology. The company claims that it removes 99.97% of airborne viruses, bacteria, and allergens.
3. Unilever PLC
Unilever PLC was established over 100 years ago, it is one of the leading air purification companies. The company prioritizes four key factors: nature, plastics, climate, and livelihoods. It segregates consumer goods globally and is known for its exceptional brands and commitment to ethical business practices.
4. Sharp Electronics Corporation
Sharp Electronics Corporation is known for its involvement in developing innovative air purifiers. In 2020, the company acquired Toshiba Lifestyle Products & Services Corporation's air purifier business. This acquisition aims to expand its air purifier product offerings and boost its position in the global air purifier market.
5. Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. is a significant player in the air purifier market. The company is known for its innovation, quality, and design in producing air purifiers. Samsung's mission is to develop superior products and services that offer a better global society, focusing on its people and technologies.
6. LG Electronics
LG Electronics is a major player in the electronics device market. It offers powerful, silent, and aesthetically designed air purifiers for cleaner air to breathe. These filters include the LG PuriCareTM 360 Hit, which has a free filter with every 360 Hit. The AS60GHWG0 and AS95GDWT0 models have 360° purification with 3-step filtration, a PM 1.0 sensor, and Wi-Fi enabled.
7. Panasonic Corporation
Panasonic Corporation, founded in 1918, offers a range of home appliances, industrial devices, automotive, lifestyle, and connected solutions. Its air purifiers are available in various sizes and styles for residential and commercial use. Panasonic Life Solutions India aims to build a greener future for the planet. Its slogan – 'Create Today. Enrich Tomorrow,' reflects their long-term investment in India.
8. Whirlpool Corporation
Whirlpool Corporation is one of the most significant air purification companies in the market. Its air purifiers are equipped with a Whispure Air Filtration System that has 99.97% True HEPA and Active Carbon filters and reduces harmful indoor air pollutants.
9. Dyson
Dyson is a renowned company that has garnered popularity for its innovative approaches and sustainable practices for cleaner air. The company portfolio presents a wide range of air purifiers equipped with the Dyson Link App that allow real-time monitoring of pollutants like PM2.5, PM10, VOCs, and NO2 and ensure comprehensive purification in the room.
10. Carrier India
Carrier India, established in 1986, is a well-known name in the global air purification market. Its Air One Air Purifier offers fresh, pure indoor air with a real-time PM2.5 display and enhances the breathing experience. This purifier is equipped with Smart Auto mode for automatic fan speed adjustment and captures over 99% of airborne particles.
In a Nutshell
The air purification market has experienced notable growth and innovation. The leading companies are contributing to market growth with their extensive research and development. These companies have introduced advanced technologies and novel filtration systems to improve air quality.
As environmental concerns are continuously increasing, demand for more robust and energy-efficient air purifiers is growing. By implementing powerful technology, industry leaders are developing innovative air purification systems for various needs, driving the expansion of the market across industries. With the efforts of companies and government bodies, we expect the market to flourish massively while providing clean and healthy air for all.
