Global Odor Control System Market

Odor Control System Market Size, Share, Growth Analysis, By By System Type(Chemical Odor Control System, Activated Carbon Odor Control System, and Biological Odor Control System), By By End user(Cement, Chemical & PetroChemical, Mining & Metal, and Power & Energy), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20I2167 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 64 | Figures: 80

Odor Control System Market Regional Insights

Among the various regions of the market, North America holds the largest share. The US has largely contributed to the regional market due to its large presence of industrial and municipal wastewater treatment plants. The region's supremacy in the market is owed to a number of reasons. They include rapid industrialization, strict regulations to improve environmental health, and a thriving wastewater treatment industry. The need for odor control systems in North America has surged. This is due to its strict environmental regulation compliance to improve residential standard of living.

Amidst all the market regions, Asia-Pacific has emerged as one of the fastest-growing segments in the market for odor control systems. There has been a surge in the requirement for effective odor control solutions due to a rise in wastewater generation. This has been caused by the growing urbanization, industrial expansion, and higher population. China and India have seen a heightened increase in industrial activities where the market product is vital to align with environmental and public health requirements. Environmental concerns have been a regional focus in recent times. This has led to several industries using odor control systems. They include food processing, petrochemicals, and wastewater treatment.

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Odor Control System Market size was valued at USD 6.53 billion in 2022 and is poised to grow from USD 6.94 billion in 2023 to USD 11.32 billion by 2031, growing at a CAGR of 6.3% in the forecast period (2024-2031).

The market of odor control systems is defined by its competitive environment. The terrain of the market is made up of a wide range of market participants all vying for market dominance. Well-established companies include Veolia Environnement S.A., Ecolab Inc., and DuPont de Nemours, Inc. The market also houses specialized firms like Munters Group AB, OMI Industries, and Calgon Carbon Corporation. 'Pentair PLC (USA)', 'The Clorox Company (USA)', 'Sealed Air Corporation (USA)', 'MANN+HUMMEL Group (Germany)', 'Ecolab Inc. (USA)', 'Calgon Carbon Corporation (USA)', 'OMI Industries (USA)', 'Kemira Oyj (Finland)', 'Scotmas Group (UK)', 'Lenntech BV (Netherlands)', 'Veolia Environnement S.A. (France)', 'IDEX Corporation (USA)', 'Carus Corporation (USA)', 'ERG (Air Pollution Control) Ltd. (UK)', 'Ovivo Inc. (Canada)', 'BioAir Solutions LLC (USA)', 'Pure Air Solutions (USA)', 'Tri-Mer Corporation (USA)', 'Nascent Oxygen (India)', 'SUEZ Water Technologies & Solutions (France)', 'RGF Environmental Group, Inc. (USA)', 'Dürr AG (Germany)', 'OdorTech (Canada)', 'BioKube A/S (Denmark)', 'Anguil Environmental Systems, Inc. (USA)'

Urban areas are now immensely crowded with people and a growing number of industrial plants. The expansion of these facilities has resulted in a surge of odorous emissions. These emissions have become heightened due to a higher number of industrial factories, landfills, and sewage treatment plants. This has led to higher demand for effective odor control to reduce impact on nearby residential areas. This in turn has driven market growth.

Regulatory Compliance and Environmental Concerns: The environmental regulations that govern the odor control system market have greatly influenced market growth. Compliance with these standards issued by regulatory bodies and governments on odor-related emissions has become a priority of market players. Bad smells are a normal part of several industries. These include waste management, wastewater treatment, and industrial manufacturing. To meet these requirements, producers are introducing effective odor control solutions. The rising awareness of odor control’s impact on the environment has changed the market terrain. Producers are now prioritizing the development of eco-friendly solutions. Odor control system providers are continuously developing products that effectively reduce or remove bad smells and also cause low environmental impact by reducing chemical usage and maintaining energy efficiency.

Among the various regions of the market, North America holds the largest share. The US has largely contributed to the regional market due to its large presence of industrial and municipal wastewater treatment plants. The region's supremacy in the market is owed to a number of reasons. They include rapid industrialization, strict regulations to improve environmental health, and a thriving wastewater treatment industry. The need for odor control systems in North America has surged. This is due to its strict environmental regulation compliance to improve residential standard of living.

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Global Odor Control System Market

Report ID: SQMIG20I2167

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