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Allied Market Research

Odor Control System Market - Opportunity Analysis and Industry Forecast, 2020–2027

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Feb 2021 | 46 Views
 
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Odor Control System Market Outlook - 2027

Odor control is a necessity for any office administrator whose property lies in private or business territories. When the characteristic breakdown of natural materials is going on under ideal conditions, it fundamentally delivers carbon dioxide, water fume, and warmth. When the procedure is uneven, different gases are delivered, some of which have questionable odor. Scent control specialists are utilized to control or lessen undesirable odor from modern/fabricating forms. The goal behind executing odor control frameworks at assembling plants is to improve the nature of air, which enterprises, for example, wastewater, paper, food, and refreshment release during different tasks at their assembling plants. Therefore, odor control frameworks are introduced dependent on the emanating type and the scent power. The plants may even require multi-layer or various scent control frameworks. In the metropolitan division, there is a pattern of asset recuperation wherein wastewater treatment units use, recoup, or sell natural solids, supplements, minerals, or vitality. Furthermore, the offices are at times known as water asset recuperation offices instead of wastewater treatment plants. Potential territories for water recuperation asset offices are anaerobic processing and supplement with a mix of warmth and force. 

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD Million)

  Segments covered

  Type, Application

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

  Companies covered

Babcock & Wilcox Enterprises, CECO Environmental, Anguil Environmental Systems, Inc., Evoqua Water Technologies LLC, Scotmas Limited, and ECS Environmental Systems

 

COVID-19 scenario analysis:

  • COVID-19 pandemic has shut-down the production of various products in the odor control system market, owing to the prolonged lockdown in major countries. This has hampered the growth of the odor control system market significantly from the last few months, and 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 during 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 are 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 their 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.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

Odor control system has its use in various paper industries to control unwanted odor and its importance is a major driving factor for the market growth.  

  • Advanced technologies emerging as product differentiators among manufacturers

The demand for cost-effective and advanced products is increasing due to the growing integration of automation in the industrial sector. Therefore, this creates pressure on manufacturers to offer technologically advanced and unique product offerings. Noteworthy investments in R&D to develop unique technologies by manufacturers of equipment can be witnessed, which are expected to help them differentiate their products in the market.

The demand for odor control agents is rising along with the expansion of various industries, such as paper, wastewater, and refineries, especially in Asia-Pacific and Western Europe. Expansion of industries, such as pulp & paper, oil refineries, foundries, food processing, and textile, drives the global odor control agents market. Industry and government regulations to curb unwanted odor fuel the growth of the global odor control system market. Various regulations are implemented by governments, which are anticipated to force many industrial plants to have odor control agents to enhance the quality of the air. Many underdeveloped and developing countries do not have stringent regulation regarding industrial odor control. Therefore, the odor control agents market in such countries is expanding at a low growth rate.

  • Inclination toward hybrid odor control system

Most of the odor control systems work on the principal of chemical reaction or physical adsorption. However, these technologies are now inefficient to adhere to the current regulations imposed by several countries and environmental organizations. In addition, these technologies are feasible under certain conditions and can eliminate only a few specific compounds, which vary among industries and processes. This, in turn, has raised the need for developing systems, which are effective over a wide spectrum of odorous compounds. Complying with demands, several market players are developing systems, which use integrated technology working on dual or triple stages to eliminate all possible odorants. These systems are available in different combinations, which can be chemical-adsorption, adsorption-biological, and hybrid of all three, if required. Therefore, this is estimated to provide significant opportunities for the odor control system market.

Key segments covered:

Segments

Sub-segments

  Type

  • Physical Odor
  • Biological Odor
  • Chemical Odor

  Applications

  • Food & Beverages
  • Pulp & Paper
  • Chemical & Petrochemical

 

Key benefits of the report:

  • This study presents the analytical depiction of the odor control system market along with the current trends and future estimations to determine the future of the market. 
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the odor control system market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the odor control system market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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