Odour Control System Market Outlook - 2027
An odor is generally caused by low concentrated volatilized compounds that can be sensed through smell by humans and animals. An odor is also referred to as “smell” which can be either pleasant or unpleasant odor. The process of breakdown of any organic substance commonly release heat, water vapor and carbon dioxide. If the break down process is unbalanced it may lead to the production of objectionable odor. Odour control systems physically, biologically, or chemically suppress the unpleasant odor emitted from treatment plants. Further, these systems are required in places where chemicals like ammonia compounds, sulphur compounds and others are present. In manufacturing industries such as paper, food and beverage, chemical and others, these systems are used to enhance the air quality of the place.
COVID-19 Scenario analysis:
- COVID-19 pandemic has shut-down the production of various products in the odour control system industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of odour control system market significantly from last few months, as is likely to continue during 2020.
- COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year.
- The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.
- Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
- Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.
Drivers, restraints, and opportunities
Expansion of industries like paper, sewage management, water treatment and refineries and increased safety concerns in industries are factors that are expected to drive the odour control system market in the forecast period. In addition, government introduced safety standards and regulations can be the potential drivers for the odour control systems market in the upcoming years. Although, the cost associated with implementation of odour control systems and their maintenance is estimated to hinder the growth of the odour control systems market.
On the other hand, the productivity and quality of manufactured products can get affected due to bad odor produced during operations in the manufacturing and treatment plants. These factors have forced industries to take necessary steps to counter the problems faced by bad odor and odour control systems are believed to be the best option. This shows that there are great opportunities for companies and investors trying to enter the odour control systems market.
Trends in industrial robotic motors market
Emerging new and advanced technologies
As a result of growing automation in industrial sector, the demand for advanced and cost-effective products is booming gradually. The consequences are creating a huge pressure on the manufacturers to provide customized and advanced technology. Moreover, notable investments in research and development has led to the development of unique technologies which helps the manufacturers to differentiate their products from others in the market. Odour control systems manufacturers are showing more focus on fully automated monitoring systems which can provide constant supervision and optimized performance of the odour control systems. For instance, Vectair Systems, an air care and hygiene products manufacturer introduced a fully automatic air freshener with attracting features like compact design with no electronic parts, 60 days fragrance per refill, quiet operation and others. Such new technologies and multi featured products are expected to propel the demand for odour control systems in the future.
Strict regulations and environmental concerns
As the amount of waste generated from manufacturing industries has turned out to be one of the major concerns affecting air, land, water, and scenic quality, many countries are emphasizing more on crafting environmental regimes to create a proper balance between industrial growth and environmental impact. According to the total annual premature pollution-related deaths report of 2017, the highest number of deaths due to air pollution was observed in the countries China and India. Rising deaths and human health issues due to air pollution caused by emissions from the industries are the major issues that need urgent attention. Specifically in Asian countries, like China and India, the negative effects have forced the governments to impose stringent regulations and making it mandatory to install air quality control systems to existing and new potential emitters. Such government initiatives are expected to boost the demand for odour control systems during the forecast period.
Key benefits of the report:
- This study represents the analytical representation of the global odour control system market combined with the ongoing trends and future predictions to determine investment opportunities.
- The present market is thoroughly analyzed to enlighten the odour control system market growth.
- The report gives the information regarding the important drivers, restraints, and opportunities provided with an in-depth analysis of the global odour control system market.
- Segmentation details of the global odour control system market.
- The report gives a comprehensive global odour control system market analysis based on competitiveness and how the performance of the competitors will take shape in coming years.
Odour Control System Market Report Highlights
Aspects | Details |
By Type |
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By End-user Industry |
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By Region |
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Key Market Players | ERG, Evoqua Water Technologies LLC, Anguil Environmental System, Babcock & Wilcox, Tholander Ablufttechnik, Siemens AG., Ecolab, CECO, Scotmas, Synthon |
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