Odor Control System Market size is anticipated to showcase exponential growth during 2021 to 2027 propelled by the increasing demand from end-use industries in order to eliminate malodor from their facilities. Foul odors, which are produced in manufacturing operations pose a challenge to the employees working in the production facilities. These odors can be produced in oil refining, chemical synthesis, agricultural waste processing, and microbial decomposition; thus, the odor control system plays a crucial role in managing different kinds of odors produced during manufacturing and even workers in boosting the production; therefore, the rising need for improved air quality in manufacturing industries is bolstering market growth.
The rapid industrialization in developing countries and manufacturing operations to a large extent in developed nations are substantially contributing to environmental contamination. An elevated amount of chemicals and gases are being released into the atmosphere as a result of an increased number of industrial bases across the globe. This combination of chemicals and gases lead to the development of stink in the neighboring environment and will hamper the productivity of manufacturers since it becomes difficult for workers to operate in the deteriorated air quality environment. However, the rising awareness of such factors among end-users is fueling the usage of odor control systems and generating increased revenue for the odor control system market.
Additionally, stringent government protocols pertaining to the use of quality moderators in industries are likely to bring out more buyers of odor control systems from 2021 to 2027. Several government bodies have introduced certain parameters and standards for environmental gas emission and manufacturers need to adhere to them in order to regulate the number of contaminants released into the environment. Furthermore, the high cost of operation associated with the odor control system along with high product cost are some of the key factors that may pose challenges to the end-use industries in the adoption of such systems.
Based on technology, the activated carbon segment is expected to account for a significant share in the odor control system market due to its relatively low power usage and high efficacy in odor removal. The activated carbon-based odor control systems are highly efficient in removing gas-phase pollutants, such as HCl, hydrogen sulfide, mercury, and other contaminants, which cause malodor in the surrounding atmosphere. Besides, the biological odor control system segment is also showcasing strong growth in the coming years. The growth can be ascribed to low maintenance and moderate installation costs.
Based on the end-use industry, the power & energy segment is estimated to contribute a significant share to the odor control system market. The high growth of the segment is attributed to the nature of the industry. The power & energy sector accounts for the production of hazardous gases through biomass and fossil fuel burning. The gases produced from the burning of such fuels include Sulphur dioxide (SO2), nitrogen oxide (NOx), and carbon dioxide (CO2). The combination of these gases is responsible for the generation of malodor in the nearby environment, thus stimulating the demand for the odor control system in the power & energy segment of the market.
On the other hand, chemical & petrochemical industries are set to drive the industry size. The chemical industry is responsible for producing numerous products such as fertilizers, solvents, polymer dyes, detergents, cosmetics, and pesticides, among others. In the manufacturing of such compounds, some gases are released, which are potentially injurious to the environmental setting; therefore, the increasing manufacturing operations are augmenting the rising need for odor management in these facilities.
The Asia Pacific is forecast to acquire a substantial portion of the odor control system market share by 2027 owing to the increasing energy demand and rapid industrialization in the region. Moreover, the presence of stringent government guidelines related to atmospheric pollution in countries with a large population, such as China and India, is certain to further create more growth opportunities.
Some of the key manufacturers of odor control systems include AER Control Systems LLC, Cloud Tech Pvt. Ltd., Durr Systems, Inc., Bulbeck Enviro Pty. Ltd., Environmental Integrated Solutions Limited, Evoqua Water Technologies LLC, Olfasense Water UK Ltd., Kch Services, Inc., Tholander Ablufttechnik GmbH, and Romtec Utilities, Inc.
The major players are continuously investing in R&D projects and taking strategic initiatives to reinforce their position in the odor control systems market. For instance, in 2018, Durr Systems, Inc., acquired the industrial technology business of Babcock & Wilcox Enterprises, Inc. The competition in the odor control system is poised to intensify as an increasing number of manufacturers are focused on the development of a cost-effective and advanced environmental odor management system.
The above information is provided on a regional and country basis for the following: