Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
The odor control system is a technology generally refers to agents that are used to neutralize or control unwanted and unpleasant odors emitting from industrial waste. Main nuisance odors are generally broken down to specific compounds such as ammonia, hydrogen sulfide, disulfides, mercaptans, or other VOCs. The odor control system includes carbon adsorbers, bio-trickling filters, and chemical scrubbers to treat the foul biological, physical, and chemical odors produced by microbial decomposition of organic compounds.
An increasing use and adoption of odor control systems in various factories near business and residential areas to reduce exposure to harmful odors, vapors, and gases is major driving factor behind the growth of the market. Likewise, factors such as increasing applications areas of odor control system across several industries, including energy & power, chemicals & petrochemicals, oil refineries, metals & mining, food & beverages and wastewater treatment, rapid industrialization across the globe, rising environment concerns regarding the emission of harmful gases, and increased installations of these system in bus and railway stations, public toilets, shopping complexes, hospitals, and other spaces to reduce pungent odors and maintain public hygiene are expected to improve growth of the market in the coming years. However,
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the odor control systems market. In addition, complete analysis of changes on odor control systems market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. COVID-19 impact on the odor control systems market was moderate owing to the shutdown of operations of various end-use industries across the globe.
The study analyses global odor control systems market based on type, end-use and geography.
Based on type, the market is segmented into chemical odor control system, activated carbon odor control system, and biological odor control system. The market for chemical odor control system is expected to witness rapid growth during the projected timeframe. The chemical odor control systems can quickly neutralize or reduce ammonia, hydrogen sulphide, amines, skatole, mercaptans, sulphur dioxide, cadaverine acetaldehyde, and more. Thus rising adoption of this system in chemical industry is attributed to the segment growth. Additionally, the chemical odor control systems provided benefits such as cost-effectiveness and easy operation which ultimately making them more demandable in the market.
Based on end user, the market is segmented into cement, chemical & petro chemical, mining & metal, power & energy, and others. The chemical and petro chemical segment is witnessing rapid growth. The chemical and petrochemical industry produce solvents, polymers dyes, fertilizers, pesticides, detergents and cosmetics. Therefore, the waste produced during the production of the above-mentioned products exhibits numerous aromatic compounds which are possibly hazardous. Thus, growing adoption of odor control systems in the chemical and petrochemical industries to treat the foul odor produced during the production processes is accredited to the segment growth.
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. Asia Pacific held the largest market share of global odor control systems market and is likely to dominate the market over the estimated time frame. The countries such as China, India and Japan dominated the market in 2020. Growing demand for energy and power, rapid industrialization and urbanization, growing environmental concerns regarding the emission of toxic pollutants and exhaust gases, and strict government guidelines in countries such as Japan and India for the emission of toxic air pollutants are some of the major growth factors behind the healthy growth of the market in the APAC region.
The major key players of market includes Siemens AG, Evoqua Water Technologies LLC, KCH Services Inc, Romtec Utilities, INC, Integrity Municipal Systems, LLC, Tholander Ablufftechnik GmbH, Environmental Integrated Solutions, IPEC NV, Bulbeck Group, ECS ENVIRONMENTAL SYSTEMS, BioAir Solutions, LLC, PURAFIL, INC, Ecolab Inc, Combined Seperation Systems Pty Ltd, ERG (Air Pollution Control) Ltd, Tri-tech Holding Inc and Aarcon Odour Control among others.
The study analyses global Odor Control Systems market based on type, end-use, and geography. Odor Control Systems market by type is segmented into chemical odor control system, activated carbon odor control system, and biological odor control system. The chemical odor control system segment is likely to dominate the market over the forecast period. Increased adoption of chemical odor control system in various industries owing to its several benefits such as low cost is attributed to the market growth. By end user, the market is segmented into cement, chemical & petro chemical, mining & metal, power & energy, and others. The chemical & petro chemical segment is likely to register fastest growth in years to come. Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World.
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