Global Odor Eliminator Market Is Expected to Witness A Growth Rate Of 5.1% By 2026
The global odor
eliminator market is expected to witness a growth rate of 5.1% during the
forecast period.
Odor eliminators or
deodorizers are popular products often used by medical facilities to eliminate
biological odors associated with incontinence products, urologicals or wounds.
To be more specific, deodorizers help mitigate odors from urine, emesis, or
dead necrotic tissues. They also help in removing odors from adult diapers,
clothing, etc. Some other associated features include ease of use, scent, and
cost effectiveness. Some key examples of odor eliminators are Medline fresh
naturals or bard medi-aire biological odor eliminator, earth science natural
mint and rosemary deodorant, etc.
This odor eliminator
market report provides an analysis for the period from 2016 to 2026, where 2019
to 2026 is the forecast period, while 2018 is the base year. This report on
odor eliminator market covers an in-depth analysis of the market including
statistical and subjective data points, along with the key market drivers, and
opportunities and restraints that have positive or negative effects on the
overall global market. An exclusive coverage has been provided for market
drivers, and challenges and opportunities for a country-level market in the
respective regional segments.
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The report comprises a
competitive analysis of the key players functioning in the market and covers
in-depth data related to the competitive landscape of the market and recent
strategies & products that will assist or affect the odor eliminator market
in the coming years.
The global odor
eliminator market has been segmented on the basis of source material type,
product type, forms, and applications.
By different sources, the market has been segmented into natural odor
eliminators and synthetic eliminators.
By different material types, the market has been segmented into activated
carbon/charcoal, bio-enzymes, and others.
By different product types, the market has been segmented into aerosol
products, filter-based devices, and bars & cakes, among others.
By different forms, the market has been segmented into gels &
packets, sprays, and electronic format.
By different applications, the market has been segmented into industrial,
commercial, and residential.
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Synthetic odor
eliminator dominated the market in 2018 and is expected to display a similar
trend in the coming years In terms of value and volume, the synthetic segment
contributed a higher share in the overall odor eliminator market in 2018. The
growth of the synthetic odor eliminator segment is mainly governed by the low
cost of these materials as compared to the cost of the natural materials.
Subsequently, the segment is expected to retain its dominant position in the
market throughout the forecast period.
Odor eliminators based
on natural materials are expected to witness higher growth over the forecast
period. This is primarily due to the growing inclination towards using
environment-friendly materials for odor elimination. Activated carbon dominated
the market in 2018 and is expected to display a similar trend in the coming
years Activated carbon was dominating the odor eliminator market in the year
2018 and it is expected to witness similar trends in the coming years. Rising
demand for activated carbon in air purification applications from the domestic
and commercial sector is further expected to provide growth opportunities in
the coming years.
The United States
Environmental Protection Agency (EPA) and government regulatory agencies have
suggested activated carbon as the best available material for removing or
eliminating chemical impurities like mercury. This regulation will further
foster the growth of activated carbon during the forecast period. Sprays &
electronic format dominated the market in 2018 and is expected display a
similar trend in the coming years Spray odor eliminators are highly convenient
and users have the liberty to use them as per their requirements. Unlike
gel-based products, sprays are more durable as they can be used only when
needed. In addition to this, spray odor eliminators are less expensive than
gels and packets, making them more preferable over the latter.
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Subsequently, the
segment will continue to lead the market throughout the forecast period. Europe
dominated the market in 2018 and is expected to display similar trend in the
coming yearsIn terms of different regions, Europe dominated the market in 2018.
High consumption of odor eliminators for industrial uses, especially in water
treatment, as well as high demand for commercial use, is the prime driver for
the market. Further, highly developed wastewater treatment technologies in the
region are also boosting market growth.
Competitive Landscape and Company Profiles
The key players in the global odor eliminator
market are
·
Novozymes, Ecolab,
·
Cabot Corporation,
·
Osaka Gas Co. Ltd.,
·
DowDuPont,
·
among others.
The market growth is
attributed to strategic mergers & acquisitions, geographical expansions,
and joint ventures & partnerships, which help ensure long-term sustenance
in the market.
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