DUBLIN--(BUSINESS WIRE)--The "Odor Control Agent Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The global odor control agent market is expected to reach an estimated $3.3 billion by 2023 with a CAGR of 3.6% from 2018 to 2023.
The future of the odor control agent market looks promising with opportunities in the water treatment, air purification, and food & beverage processing markets.
The major growth drivers for this market are increasing industrialization in developing countries and increasing government regulation towards clean environment.
Emerging trends, which have a direct impact on the dynamics of the odor control agent industry, include use of odor eliminator technology for sports clothing and equipment, and prosweet odor control technology.
This research forecasts that activated carbon will remain the largest material type due to increasing demand for industrial and municipal waste water treatment. The bio-enzyme segment is expected to witness the highest growth over the forecast period due to increasing awareness to improve air quality in commercial and residential communities.
Within the odor control agent market, water treatment will remain the largest application driven by the need to remove chemicals, inorganic substances, and taste and odor causing compounds from water.
The report predicts that the air purification application is expected to witness the highest growth over the forecast period supported by growth in the sewage air treatment, industrial gas purification, and commercial and residential air purification.
Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to rapid industrialization and expansion of chemical industries.
Key Topics Covered
2. Global Odor Control Agent Market Dynamics
3. Market Trends and Forecast Analysis from 2012 to 2023
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
- Cabot Corporation
- Calgon Carbon Corporation
- Ecolab Inc.
- Fujian Yuanli Active Carbon Co. Ltd.
- Haycarb PLC
- Kuraray Co. Ltd.
- Novozymes A/S
- Osaka Gas Chemicals Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/ln5mm6/global_odor?w=4