Odour control is a primary concern for any facility operator whose property lies in the vicinity of residential or business areas. When the natural breakdown of organic materials is happening under optimum conditions, it primarily produces carbon dioxide, water vapor, and heat. When the process is unbalanced in some way, other gases are produced, some of which have objectionable odor. Subsequently, odour management is a primary motivator for optimizing the composting process. Odour control agents are employed to control or reduce unwanted odors from industrial/manufacturing processes. The objective behind implementing odour control systems at manufacturing plants is to improve the quality of air, which industries such as wastewater, paper, food & beverage emit during the various operations at their manufacturing plants. Over the years, before odour control systems were invented, operations at industries/manufacturing facilities were hampered due to the bad quality of air. For instance, if a manufacturing plant has not installed an odor control system, people living around the plant likely to hold the manufacturing plant responsible for emitting bad odor in the atmosphere and deteriorating the quality of surrounding air, which can tarnish the image of the company. Moroever, the productivity of the manufacturing plant can get affected due to the odors produced during the operations at the plant. Additionally, the quality of the product is likely to get impacted due to the decline in productivity, which is undesirable for the company. In many cases, it has been noticed that odors have increased the safety concerns in the manufacturing plant. Many odors are corrosive in nature, and consequently, it can damage the equipment present in the manufacturing plant. All the factors mentioned above are forcing industries to take remedial steps to tackle the odor problems at their manufacturing plants, and odour control systems are perceived to the best choice. The breakdown of organic materials is very difficult to stop unlike a mechanical process.
Demand for odor control agents is rising along with the expansion of various industries such as paper, wastewater, and refineries, globally, especially in Asia Pacific and Western Europe. Expansion of industries such as pulp & paper, oil refineries, foundries, food processing, and textile is driving the global odor control agents market. Industry and government regulations to curb unwanted odor is fuelling the growth for the global odour agents system market. Various regulations are implemented by governments, which is anticipated to force many industrial plants to have odor control agents to enhance the quality of the air.
Many underdeveloped and developing countries do not have stringent regulation regarding industrial odor control. Therefore, the odor control agents market in those countries is expanding at a low growth rate.
Based on geographic regions, the global odour control agents market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. In terms of volume and revenue, the Asia Pacific odor control agents market is projected to expand due to the expected expansion of industries such as paper & pulp, automotive, and steel. Europe and North America are also anticipated to expand at a significant growth rate due to the automotive industry.
Key manufacturers operating in the odor control agents market are Synthron, Engage Agro, Rudolf GmbH, Vapor Technologies Inc., and Odour Neutralising Agent.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.