Market
With the improvement of living standards and the enhancement of health awareness, many consumers began to use air purifiers to improve indoor air quality.For example, the removal of harmful substances in the renovation ofthe new house formaldehyde, odor in life, bacteria and viruses, etc.,have improved the purchasing power of consumers. This has constituted the air purification industry good prospects!The penetration rate of air purifiers has reached 30%in Europe and The United States and other developed countries,42%inEurope,25%in Japan and 80%or above in South Korea.
With the continuous improvement of people's living standards and increasing attention to health, air purifiers have become the first choice for many families to deal with serious air pollution. Working, studying and living indoors for more than 20 hours everyday, accounting for more than 80%of the whole day. Indoor air quality has a far more important impact on human body than outdoor air. Generally, the way to circulate indoor air is to use exhaust fans or open Windows to circulate air.But in the face of
frequent haze weather, it is impossible to make the air circulation.Due to the increasing requirements for the quality of life, the requirements for indoor air purifiers are becoming more and more specific, such as workplace, leisure place, living room, bedroom, kitchen, etc.,all need air purifiers. Air purifiers, also known as the products that can adsorb, decompose or transform various air pollutants(generally including PM2.5, dust, pollen, peculiar smell, decoration pollution such as formaldehyde, bacteria, allergens, etc.)and effectively improve the air cleanliness, are mainly used in household, commercial, industrial and building applications.
Status of industry
Global air purifier has been expanding its market,China as the world's biggest exporter of air purifier,70%of the world's air filter made in China, in 2018 China's exports air purifier, 1475, at the same time the size of the market of global air purifier reached$7.209 billion,2019 air purifier in the world market is estimated at$8.04 billion,2016-2019 global air purifier market scale compound annual growth rate of 10.8%.In 2019,The market share of North America and Europe is relatively large, accounting for 22.70%and 20.60% respectively. The market share of Asia-Pacific region is 24.20%,which has surpassed that of North America and Europe, and the total market share of other regions is 32.50%.At present, the developed countries the prevalence rate of air purifier, far higher than that of developing countries, including South Koreas penetration rate reached 70%,air purifier penetration rate of 40%in Europe, theUnited States air purifier penetration rate of 28%,Japan air purifier penetration rate of 34%,far less than the above countries and China's air quality, air purifier penetration rate is only 2%.Therefore,China's air purifier market has huge potential.Asa functional product, the air purifier keeps expanding its product functions and quality, and the industry is expected to develop towards intelligence and functional innovation in the future.
Demand situation
As a manufacturing power, China produces about70 per cent of the world's air purifiers.The number of air purifiers exported from China has increased significantly in the past three years, as the technical level of China's air purifier industry has improved and the price advantage of domestic product manufacturing has been added.By 2019,China had exported 21.05 million air purifiers, worth$799 million.Purification technology of gaseous pollutants is the main direction of industry development and innovation in the future.There are two main types of gaseous pollutants:one is the original polutant discharged directly into the atmosphere from pollution sources, such as sulfur oxides nitrogen oxides, carbon oxides and organic compounds;The other is a new pollutant produced by a series of chemical or photochemical reactions, such as sulfuricacid fog, photochemical smog, ozone, acetonitrate peroxide, ketones, aldehydes, etc.At present, consumers and businesses pay more attention to the formaldehyde problems caused by the pollution sources such as the boards, adhesives and coatings used in the interior decoration.In the past few years, the formaldehyde purification capacity of mainstream products in the industry has been improved significantly, which reflects the development of industry technology.
