The South America Air Purifier Market was valued at US$ 1,049.83 million in 2020 and is likely to reach US$ YY million by 2028, growing at a CAGR of 10.43% during the forecast period (2021-2028).
According to the Clean Air Institute report, more than 100 million South American citizens are exposed to breathing polluted air. Most counties are subjected to the high exposure of particulate matter, ozone and sulfur dioxide (SO2) in the region. According to the World Health Organization, Agriculture, transport, domestic and commercial sectors are responsible for emitting the largest methane, particulate matter and hydrofluorocarbons that must be purified to curb air pollution.
The South American Air purifier Market is anticipated to present positive growth in the future with rapid urbanization rates in countries that have led to the booming growth of the commercial and residential building industries.
According to the World Health Organization's guidelines, the air quality in Brazil is regarded as moderately unsafe. The recent data symbolizes that the country's annual mean concentration of PM2 exceeds the recommended maximum of 10 µg/m3. Moreover, in 2019, nearly 14 thousand deaths were caused by household air pollution from fossil fuels in Brazil. Brazil is a major of the South American countries where more major fatalities are estimated due to air pollution from fossil fuels in their homes.
The major reason for high air pollution in the country is rapid urbanization in several cities that needed the infrastructure to maintain rapid population growth. A recent World Bank study predicted Sao Paulo, Belo Horizonte, Rio de Janeiro and Curitiba as the most polluted cities in the country. These scenarios anticipate the high need for air purifiers in polluted countries.
Air purifiers eliminate smoke particles that pose a health risk. The regulations imposed by the government upon controlling the air quality index in the region are a potential factor propelling the South American Air Purifier Market. Chile had adopted a new regulation on the discharges of SO2, NO2 and PM2.5 from vehicles anticipated to regulate the air quality index.
The automotive manufacturers emphasize installing air purifiers in their new launches to attract an audience in the region. For instance, In 2021- Volvo has launched its 2022 line of the XC90 for sale in Brazil. The manufacturer has highlighted an innovative air purification system called Advanced Air PM 2.5, which separates impurities and particles from entering the cabin. According to the brand, filtration eliminates around 95% of particles of less than 2.5 micrometers. The system observes the extent of the particles in real-time and informs about the air quality inside the car.
Rapidly growing urbanization rates of countries such as Argentina have driven the demand for air purifiers in the residential, housing sectors in the building and construction industry. Moreover, installing new technologies such as smart home-enabled air purifiers is likely to expand the growth of the South American Air purifier market in the future.
During the covid-19, the governments have been making huge investments to minimize the spread of diseases. For instance, in 2020- the Columbia Board of Education has proposed developing COVID-19 safety measures at its meeting. One of the measures included the procurement of air purifiers for classrooms which would need an investment of about US$ 1.2 million. The board has approved obtaining 168 portable units, including 1,399 small fixed units and 31 large fixed units.
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