An important factor in the growth of the world air treatment products market is the rise in temperature due to global warming, which is driving demand for air conditioning. According to HDFC Bank Advisory Group, the market for room air conditioners in India has grown with a CAGR of 12.6%. The increasing demand for industrial cleanrooms is contributing to the growth of the world market for air treatment products. Typically used in scientific research and industrial production, clean rooms provide a controlled environment with low levels of contaminants such as dust, airborne microbes, aerosol particles, and chemical vapors. In addition to air conditioning, these cleanrooms are also equipped with High-Efficiency Particulate Air Filters (HEPA) and Ultra Low Penetration Air Filters (ULPA).
However, the high cost of the air treatment product, such as an air conditioner, is one of the main factors holding back the growth of the market. According to the HDFC Bank Advisory Group, a 2017 report on the consumer durables sector, India has only 4% air conditioning penetration in the consumer durables sector