Global Odor Control System Market By System Type (Chemical, Activated, Biological), By End-Use (Cement, Chemical & Petro Chemical, Mining & Metal, Power & Energy, Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Odor Control System Market Overview:

The global market for odor control systems was valued at USD 5,710 million in 2021 and is forecast to grow at a CAGR of 5.3% between 2023-2032.

Market growth is mainly driven by increased demand from various end-use industries to reduce malodorous compounds. In addition, odors are created during many manufacturing processes such as oil refining and synthesis of chemical substances, as well as the decomposition and microbial treatment of organic compounds.

The market growth is also being supported by the fact that odor control systems are needed to reduce the impact of odor on the environment. In order to improve the air quality, the primary purpose of installing odor control systems at end-use manufacturing companies is to reduce the amount of odor.

Global Odor Control System Market Scope:

System type analysis

The activated carbon segment led the market in revenue with a 41.7% share. The system’s high odor-removal efficiency and low power consumption are responsible for the large market share. Activated Carbon Odor Control System provides high efficiency and removal of gas phase contaminants such as mercury, hydrogen sulfide, HCl, and other gaseous compounds, which in turn generates malodor.

The market for biological odor control systems is forecast to see substantial growth during the forecast period. The segment’s low cost of installation and low maintenance is expected to drive growth in the odor management system market during the forecast period. Biological control is a process to remove contaminants and odors in wastewater. These systems are sometimes called bio-scrubbers (or biofilters) depending on the type or biological oxidation used.

End-Use analysis

The power and electricity end-use market held a substantial market share of more than 27.5% in 2021 and is projected to grow at a CAGR greater than 5.0% during the forecast period. By burning biomass and fossil fuel, power plants produce hazardous gases. The following gases are produced by the burning of these fuels: Sulfur Dioxide SO2 (SO2), Carbon Dioxide (CO2), and Nitrogen Oxide NOx (NOx) This combination of gases results in malodor in the environment.

This will drive demand for odor control systems within the power and energy sectors. The chemical and petrochemical sector is involved in the production of solvents. Many aromatic compounds can be dangerously produced from the waste that is generated in the manufacture of the products. To eliminate the foul-smelling odors that are produced by the chemical and petrochemical industries, odor control devices are employed.

Кеу Маrkеt Ѕеgmеntѕ

By System Type

• Chemical Odor Control System
• Biological Odor Control System
• Activated Carbon Odor Control System

By End-Use

• Power & Energy
• Cement
• Mining & Metal
• Chemical & Petro Chemical
• Others

Market Dynamics:

In the end-use industry, odor control systems are used to purify the air, neutralize odors, and treat source water. As manufacturing plants emit foul odors in the air, affecting the air quality, it is essential to have odor control systems. However, the plant’s production can be hampered by its foul odor. These concerns are the reason why the market is projected to grow significantly over the forecast period.

In addition, industrialization has significantly contributed to the pollution of our environment in many countries both developing and developed. The increase in manufacturing has led to the unregulated emission of gases and chemicals into our atmosphere. This mixture of chemicals and gases results in malodor being released into the atmosphere. The market is growing due to increasing awareness in the end-use sectors about the benefits of odor control systems.

Market growth is likely to be impeded by the high costs of odor management systems as well as high operating expenses. Market growth will likely be slowed by stringent government policies and regulations that have been imposed upon the end-use sectors for odor control management.

Many countries have adopted standards to limit the environmental emission of gases. In order to ensure that their processes are carried out properly, manufacturing facilities must comply with the laws.

Regional Analysis

The Asia Pacific led the market in 2021 with a 42.2% share. This is due to the growing demand for power, energy, and rapid industrialization. A rise in the emissions of air pollutants and exhaust gases is driving a large demand for an odor control system. Further, market growth opportunities are created by strict government regulations in India and Japan that regulate the emission of air pollutants.

Europe is projected to see substantial growth in the future, growing at a rate of more than 5.0% between 2023-2032. The main end-use industries responsible for the emissions of greenhouse gases in the environment are energy, power, and the chemical industry.

The various sources for odor generation include burning fossil fuels in electricity generation and industrial processes. In order to meet government standards for the reduction of gaseous pollution, industries have adopted odor control systems.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

The market is fragmented by key players and is highly competitive. These players are working hard to increase their market presence. They have adopted various strategies like mergers, acquisitions, and joint ventures. These strategies enable organizations to expand geographically and improve their offerings in certain regions.

As more companies concentrate on the development and deployment of cost-effective, advanced systems and technologies, industry competition is expected to increase.

For example, the major players in the market focus on offering low-cost products that are easy to maintain and hold a substantial share of the market. The major operating players invest heavily in research and developing new products. This is causing fierce competition among key players in the market.

Some of the most prominent players in the market for odor control systems include:

Маrkеt Кеу Рlауеrѕ:

• Advanced Air Technologies
• Catalytic Products International
• Durr Systems, Inc.
• Evoqua Water Technologies LLC
• Tholander Ablufttechnik GmbH
• Romtec Utilities
• Integrity Municipal systems
• Scotmas Limited
• Other Key Players

For the Odor Control System Market research study, the following years have been considered to estimate the market size: