- Projected market growth attributed to degrading air quality levels
- Report notes that “with deteriorating air quality, air purifiers have become a necessity”
- KNOS patented, medical-grade technology has been tested as most effective clean-air solution on the market
In a world becoming increasingly aware of pollution and its significant impact, Kronos Advanced Technologies (OTC: KNOS) and its patented air-purifying system stand on the brink of significant growth and success. Recent reports forecast that the global air purifier market, which was worth $10.7 billion in 2020, will reach an estimated $12.6 billion by 2027, showing an impressive compound annual growth rate (“CAGR”) of 10.6% (https://ibn.fm/goAww).
“The market is gaining significant traction because of degrading air quality levels which are leading to severe breathing problems for people,” a BlueWeave Consulting report stated. “Furthermore, rapid industrialization and urbanization, along with the increasing prevalence of airborne diseases, are anticipated to boost the global air purifier market during the forecast period.”
According to the World Health Organization, “ambient air pollution accounts for an estimated 4.2 million deaths per year due to stroke, heart disease, lung cancer and chronic respiratory diseases. Around 91% of the world’s population lives in places where air quality levels exceed WHO limits. While ambient air pollution affects developed and developing countries alike, low- and middle-income countries experience the highest burden” (https://ibn.fm/6b4aZ).
Since the pandemic started, many people have been spending up to 90% of their time indoors, especially children and work-from-home parents and older adults. As a result, the quality of indoor air has become even more important than outdoor air quality because of the time length of exposure to pollution. According to the EPA, indoor air quality can be up to five times worse than outdoor air quality, especially with regards to airborne pollutants and chemicals.
An air purifier, says BlueWeave, is a device “used for removing harmful pollutants and contamination from air to make it breathable. In simpler terms, it improves indoor air quality. With deteriorating air quality, air purifiers have become a necessity. Air purifiers use a sophisticated filtration technology to capture airborne pollutants. The application of this technology offers a wide range of health benefits, such as relieving asthma symptoms, improving sleep quality, neutralizing unpleasant odors, eliminating hazardous asbestos particles, etc., and breathing in clean air can enhance one’s life expectancy.”
With air purifiers now being called a necessity, a growing number of companies are entering the space, and it’s becoming increasingly difficult to identify truly superior product offerings. Kronos offers a brand-new patented technology that fully removes harmful allergens, bacteria, viruses (including the flu), and even gases from the air. This revolutionary product far outperforms outdated HEPA filters and eliminates the shortcomings of any other air purifier on the market (https://ibn.fm/G2rEP). Also, Kronos air purifiers are the only ones on the market with washable, reusable filters, eliminating the need to buy costly replacement HEPA filters
In fact, Kronos’ medical-grade technology has been tested as the most effective clean air solution on the market. The Kronos AIR 5G(R) devices filter particles down to .0146 micron, far beyond the 3 microns of a traditional HEPA filter. And the Kronos purifiers do more than collect air pollutants — using approximately 30,000 volts, the Kronos AIR 5G air purifiers destroy 99.99% of all airborne bacteria, mold and virus particles.
For more information, visit the company’s website at www.KronosATI.co.
NOTE TO INVESTORS: The latest news and updates relating to KNOS are available in the company’s newsroom at https://ibn.fm/KNOS
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