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 significant 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 identify various methodologies which would assist C-Level executive to counter this ongoing threat and make informed business decision.
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"Overview of Air Disinfectant Market"
The Air Disinfectant Market registered USD XX Bn in 2019 and it is estimated to reach more than USD 2.5 Bn by 2028, likely to grow with a CAGR of 10.1 % during the forecast period.
Air disinfectant is a chemical substance that is capable for disinfecting microorganism spread in air. The process of air disinfection can kill the air born microorganisms by making use of mists of dilute bleach. Air disinfectant can disperse either in form of aerosol or vapor at sufficient concentration in air that causes number of viable infectious microorganisms to significantly get reduced. Moreover, to disinfect air from environment chemical substance that are having high lethality for microorganisms with low mammalian toxicity is been used.
The rising awareness for health and hygiene is expected to contribute in the growth of global Air Disinfectant Market
Similar to water and food, air also gives a great impact on human’s health. Therefore, contaminates present in air like bacteria, germs, virus, air borne pathogens and disagreeable odors should be eliminated, as they can cause various diseases to human respiratory system. The solution is to use air disinfectant technique as it can eliminate any kind of contaminants present in air. Moreover, rising awareness among population by SARS a transmission of respiratory diseases in the indoor environment is also contributing to drive the air disinfectant market.
Moreover, in December 2019 outbreak of coronavirus has higher impact on air disinfectant market. As the number of infected patients rising day by day, a greater number of isolation wards are needed. Entire city is being sanitized after confirmation of any positive patient. In villages, government is utilizing school space to make isolation wards. Air and surface disinfectants has experienced huge demand after this pandemic.
Rising Industrialization is facilitating the growth of Air Disinfectant Market
According to environmental protection laws, rising industrializations which necessitates the controlling of pollution is expected to positively influence the growth of global air disinfectant market in developing and developed nations. High efficiency particulate air (HEPA) filter technology is been widely taken under consideration to purify the surroundings. Moreover, air disinfectant is widely been used in food application, as migration of microorganism inside plants speed up molding and can be reduced easily by using air disinfectant that can protect food from getting damaged.
Based on Type, Ozone Disinfection is anticipated to hold prominent market over the Forecast Timespan
On the basis of its type, the ozone disinfection is expected to have the highest market share as it is gases that have good penetration capacity with very powerful oxidizing power. Therefore, ozone disinfection efficiency is very much superior to ultraviolet radiation and HEPA disinfection. Moreover, as ozone gives strong oxidizing power with good penetration capacity and no harm on human body it is been highly recommended for the usage of disinfection in unoccupied rooms therefore, it is used widely in hospitals, malls, and restaurants.
Based on Application, The Hospital Segment is anticipated to hold prominent Market over the Forecast Timespan
Furthermore, on the basis of the application the hospital segment can more likely to have growth during forecast period owing to the usage of air disinfectant is more in infectious patient rooms, operation theaters, waiting rooms, corridors, and bathrooms as it deactivates the infections of bacteria, spores, and viruses using specialized solutions and sanitize the environment that further helps humans to get infected by many diseases. Moreover, increase in expenditures in developing nations can also increase demand for air disinfectant this can help to propel the global air disinfectant market.
North America is anticipated to Hold Prominent Market Share Followed by Asia Pacific
North America is expected to have the highest market share the factors driving the region to grow are number of surgeries is observed in respective region therefore healthcare sector is expected to increase the usage of air disinfectant to reduce risk of transmission and contamination for infections.
Furthermore, Asia pacific is projected to have second highest growth owing to major players of air disinfectant are observed to constantly trying to enter in untapped areas of Asia Pacific region this contributes more to propel the air disinfectant market.
Some of the reputed players operating in this market include Airinspace, Lvtianshi, Kengewang, Airfree, Haoruida, Novita, Aojie, Oulaibo, Laoken, Crowcon, Kangya, and Denoda.
Global Air Disinfectant Market by Type
- Ultraviolet radiation Disinfection
- High efficiency particulate air (HEPA) disinfection
- Chemical disinfection
- Ozone disinfection
Global Air Disinfectant Market by Application
- Shopping Complex
Global Air Disinfectant Market by Geography
- North America
- Asia Pacific
- Latin America
- Middle East and Africa