New York, NY -- (SBWIRE) -- 05/15/2017 -- The increasing awareness among people about the clean and hygienic environment has led to the increase in the usage of artificial environment contributors such as odor eliminators. Air odor eliminators use the technology for eliminating the foul smell from the root cause. Activated charcoal use adsorption technology whereas bio-enzymes use odor-inducing microorganisms neutralizing technology to eliminate the malodor. Bioenzymes are eco-friendly, premium products and hence their usage is mostly limited to the developed countries.

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Currently, Europe is the global leader in the odor eliminator market and Asia Pacific is the fastest growing market due to increasing industrialization in developing countries such as China and India. Industrial application area segment is expected to maintain global dominance in application area segments because of increased usage of activated charcoal in the industries. In addition, increasing government regulations towards clean environment and restrictions on the release of polluted air to the atmosphere contribute to the increase of odor eliminator market at global level. Most of the filter based devices use adsorption technique to eliminate odor from air and are the major contributors to the global odor eliminator revenue.

The study of the global odor eliminator market provides the market size information and market trends along with the factors and parameters impacting it in both short and long term. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision makers to make better business plans and informed decisions for the future business. In addition, the study helps the venture capitalist in understanding the companies better and take informed decisions.

According to Researcher, the Global Odor Eliminator market is expected to grow at a CAGR of 4.9% during the forecast period to reach $11.15 billion by 2022. Activated charcoal material segment is expected to maintain global dominance in material segments, whereas Europe is expected to increase its dominance in global odor eliminator market. Multinational companies such as Osaka Gas Chemicals, Novozymes, Cabot Corporation, and Nalco (Ecolab) are prominent players in this market.

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Table Of Contents – Major Key Points

1 Report Outline 13
1.1 Introduction 13
1.2 Report Scope 13
1.3 Market Definition 13
1.4 Research Methodology 13
1.4.1 Data Collation & In-House Estimation 14
1.4.2 Market Triangulation 15
1.4.3 Forecasting 15
1.5 Study Declarations 16
1.6 Report Assumptions 16
1.7 Stakeholders 16

2 Executive Summary 17
2.1 Bioenzymes Creating Their Own Niche Market 17
2.2 Asia Pacific Region Increasing its Lead with High Growth Coming from Developing Countries 17

3 Market Positioning 19
3.1 Total Addressable Market (TAM): Heating, Ventilation and Air Conditioning 19
3.1.1 Market Overview 19
3.1.2 Major Trends 19
3.2 Segmented Addressable Market (SAM) 20
3.3 Related Markets 20

4 Market Outlook 21
4.1 Overview 21
4.2 Value Chain Analysis 21
4.3 PESTLE Analysis 22
4.4 Porter 5 (Five) Forces 22
4.5 Patent Analysis 23

5 Market Characteristics 25
5.1 Market Segmentation 25
5.2 Market Dynamics 25
5.2.1 Drivers 26
5.2.1.1 Bioenzymes based odor eliminator is increasing market penetration with environment-friendly products 26
5.2.1.2 Increasing consumer base in developing countries 26
5.2.2 Restraints 26
5.2.2.1 Low penetration in underdeveloped countries 26
5.2.2.2 Limiting trade regulations 26
5.2.2.3 Slow economic growth in developed countries 27
5.2.3 Opportunities 27
5.2.3.1 Large untapped market in developing & underdeveloped countries 27
5.2.3.2 Novel application areas 27
5.2.4 DRO – Impact Analysis 27

6 Material: Market Size and Analysis 29
6.1 Overview 29
6.2 Activated Charcoal 30
6.3 Bioenzymes 31
6.4 Vendor Profiles 32
6.4.1 Ecolab 32
6.4.2 Cabot Corporation 41
6.4.3 Novozymes 47
6.4.4 Osaka Gas Co., Ltd. 53
6.4.5 Dow Chemical Company 58
(Overview, Business Unit, Geographic Revenues, Product Profile, Recent Developments, Business Focus, SWOT Analysis, Business Strategy have been covered for all Vendors)

7 Product: Market Size and Analysis 63
7.1 Overview 63
7.2 Aerosol Products 64
7.3 Filter Based Devices 64
7.4 Bars/Cakes 65

8 Application Areas: Market Size and Analysis 67
8.1 Overview 67
8.2 Industrial Application Area 68
8.3 Commercial Application Area 69
8.4 Residential Applications Area 70
8.5 Customer Profile 71
8.5.1 Sealed Air 71
8.5.2 Procter & Gamble Co. 77
8.5.3 Honeywell International, Inc. 83
8.5.4 Air Liquide S.A. 88
8.5.5 Koninklijke Philips N.V. 92

(Overview, Business Unit, Geographic Revenues, Product Profile, Recent Developments, Business Focus, SWOT Analysis, Business Strategy have been covered for all Customers)

Continued…….

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