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Fume Extractor Market Size - By Product Type (Fixed fume, portable fume extractor, Benchtop fume extractor, Wall mounted extractor), By Application (Welding fume extractor, Laboratory wield extractor, chemical wield extractor, pharmaceutical fume extractor), & Forecast 2024 - 2032


Published on: 2024-07-30 | No of Pages : 240 | Industry : Industrial-Machinery

Publisher : MIR | Format : PDF&Excel

Fume Extractor Market Size - By Product Type (Fixed fume, portable fume extractor, Benchtop fume extractor, Wall mounted extractor), By Application (Welding fume extractor, Laboratory wield extractor, chemical wield extractor, pharmaceutical fume extractor), & Forecast 2024 - 2032

Fume Extractor Market Size

Fume Extractor Market was valued at USD 2 billion in 2023 and is estimated to register a CAGR of over 4.6% between 2024 & 2032. Due to an increase in expansion of industries especially construction, manufacturing is assisting to the market growth.

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The production of airborne pollutants rises with industrial activity, requiring the use of efficient fume extraction systems to maintain air quality. There is also a risk of increased air borne diseases and the spread of air pollutants due to fumes and wielding techniques. Therefore, the demand for fume extractor is increasing to prevent diseases caused by pollutants. The development of compact and efficient extraction units, improved filtration systems, and advanced control features, are driving market growth.
 

Fume Extractor Market Report Attributes
Report Attribute Details
Base Year 2023
Fume Extractor Market Size in 2023 USD 2 Billion
Forecast Period 2024 - 2032
Forecast Period 2024 - 2032 CAGR 4.6%
2032 Value Projection USD 3 Billion
Historical Data for 2018 – 2023
No. of Pages 161
Tables, Charts & Figures 212
Segments covered Product, Application, End user, Region
Growth Drivers
  • Rising industrialization and urbanization
  • Increasing awareness of health hazards
  • Increasing awareness of environmental concerns
  • Increasing end-use industries
Pitfalls & Challenges
  • Complexity in installation and maintenance
  • Filtration and contaminant disposal

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The fume extractor market can pose challenges in installation and maintenance processes. Installing and maintaining fume extractors can be complex and expensive and can require expertise and specialized knowledge as well. Improper installation or inadequate maintenance can compromise the effectiveness and efficiency of fume extractors, leading to reduced performance and potential safety hazards. Additionally, filtration and contaminant disposal issues can be prevalent. It is important to properly filtrate and dispose of contaminants to prevent the release of hazardous substances into the environment. Businesses must comply with regulatory requirements for the handling, treatment, and disposal of hazardous waste generated by fume extraction systems.

Fume Extractor Market Trends

There is a trend towards the adoption of advanced fume extractors with improved filtration efficiency, real-time monitoring capabilities, and integrated safety features as there has been an increased risk of health hazards. Also, fume extractors are also getting integrated with IoT and other machinery in the manufacturing units. This connectivity will help in monitoring, gathering data and enhancing the predictive capabilities of the machines. Smart fume extractors enable real-time monitoring of air quality parameters, filter status, and operational performance, allowing for proactive maintenance and optimization of system efficiency.

Fume Extractor Market Analysis

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Based on product, the portable fume extractor segment crossed USD 1.1 billion in 2023. This is because portable fume extractors are easy to carry and provide convenience in tasks. It can assist in processes such as wielding, shouldering, and 3D printing.

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Based on application, the laboratory wields extractor segment held a market share of about 38% in 2023. Laboratories wield extractors are essential in maintaining a safe and clean environment by removing poisonous fumes and gases generated during research activities in laboratories.
 

Based on end user, the manufacturing segment captured around 30% of the market share in 2023. As industrialization has grown, manufacturing units have developed. Therefore, the need to remove contaminants and ensure the safety of the workers is essential.

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Asia Pacific fume extractor market size surpassed USD 773 million in 2023, due to the supportive government efforts, low labor costs, and low raw material costs. Regional market data are also being improved by rising investments in new manufacturing projects in nations like China, India, and Japan.

Fume Extractor Market Share

In 2023, dominant market players including Absolent Group, Airflow systems Inc., American Air Filter, Apzem, BOFA International Ltd.collectively held a substantial 20% - 25% market share. As the market is highly fragmented, these industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansion, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research & development to improve their products and incorporate new technologies, allowing them to stay ahead of the competition.

Fume Extractor Market Companies

Major players operating in the fume extractor industry are

  • Absolent Group
  • Airflow systems Inc.
  • American Air Filter
  • Apzem
  • BOFA International Ltd.
  • Camfil
  • Cleantek
  • DiversitechInc.
  • Donaldson Company
  • ESTA Apparatebsan GmbH & Co. KG
  • Fumex Inc.
  • Johnson Controls International plc
  • Kemper America
  • Lincoln Electric Holdings
  • Miller Electric
  • Nederman Holding AB
  • Parker Hannifin
  • Plymovent Group B.V.
  • Weller Tools GmbH

Fume Extractor Industry News

  • In August 2023, Kemper launched Wallmaster fume extraction system which has a large area, and its stationary unit has a large filtering surface which allows metal working companies to optimize protective wielding equipment.

This market research report on fume extractor includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments

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Market, By Product Type

 

  • Fixed fume extractor
  • Portable fume extractor
  • Benchtop fume extractor
  • Wall mounted fume extractor

Market, By Application

  • Welding fume extractor
  • Laboratory wield extractor
  • Chemicals wield extractor
  • Pharmaceutical wield extractor

Market, By End User

  • Automotive
  • Manufacturing
  • Aerospace
  • Healthcare
  • Pharmaceuticals
  • Food & beverages
  • Construction

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Russia
    • Belgium
    • Sweden
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Thailand
    • Vietnam
    • Rest of Asia Pacific 
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa
    • Iran
    • Turkey
    • Rest of MEA

 

Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )