The Global Odor Control Agent Market is Expected to Reach an Estimated $4 Billion by 2030
The Global Odor Control Agent Market is Expected to Reach an Estimated $4 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global odor control agent market looks promising with opportunities in the water treatment, air purification, and food & beverage processing markets. The global odor control agent market is expected to reach an estimated $4 billion by 2030 from $3 billion by 2023 at a CAGR of 2.9% from 2023 to 2030. The major drivers for this market are growing consumer awareness and emphasis on hygiene and cleanliness, expansion of industrial and commercial sectors, and rising urbanization and population growth.
In this market, activated carbon, bio-enzymes are the major segments of odor control agent market by material.
Lucintel forecasts that activated carbon will remain the largest segment over the forecast period due to increasing demand for industrial and municipal waste water treatment.
Within this market, water treatment will remain the largest segment due to the need to remove chemicals, inorganic substances, and taste and odor causing compounds from water.
APAC is expected to witness the highest growth over the forecast period due to rapid industrialization and expansion of the chemical industry.
Ecolab, Calgon Carbon, Cabot, Fujian Yuanli Active Carbon, Haycarb, Osaka, Novozymes, Kuraray, Ingevity, and Synthron are the major suppliers in the odor control agent market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]. To get acces of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056