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Fume Extractor Market Expected to Reach $1.9 Billion by 2032—Allied Market Research

 
2022
Fume Extractor Market

Report Code : A109005

quote Growing focus on sustainability and environmental responsibility, companies are increasingly looking for ways to reduce their environmental footprint. Fume extraction systems contribute to environmental preservation by capturing and filtering harmful pollutants, preventing them from being released into the atmosphere. This factor will drive the growth of fume extractor market during the forecast period. quote

Yerukola Eswara Prasad - Manager
Materials and Chemicals at Allied Market Research

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According to a new report published by Allied Market Research, titled, “Fume Extractor Market," The fume extractor market was valued at $1.3 billion in 2022, and is estimated to reach $1.9 billion by 2032, growing at a CAGR of 4.4% from 2023 to 2032.

A fume extractor is a device used to remove potentially harmful gases, vapors, dust, or fumes from an enclosed space. It is designed to protect the health and safety of individuals working with or around hazardous substances by capturing and extracting airborne pollutants at their source. Fume extractors help improve indoor air quality by removing contaminants from the workspace. This is especially important in environments where multiple processes or activities generate airborne pollutants. By maintaining clean and healthy air, fume extractors create a more comfortable and productive working environment for employees.

Multiple types of fume extractors are available to suit specific needs and applications. For instance, ducted fume extractors use a ducting system to transport the contaminated air from the source to an external exhaust point, such as a chimney or ventilation system.

In ductless fume extractors, instead of venting the air outside, these extractors use filters to remove contaminants before recirculating the purified air back into the workspace. They are suitable for situations where external venting is not possible or desired. Portable fume extractors are smaller, mobile units that can be easily moved to different locations as needed. They are often used for localized extraction of fumes or dust, such as during welding, soldering, or woodworking processes.

Benchtop fume extractors are designed for specific workstations or laboratory benches. These extractors provide localized fume extraction and are smaller in size compared to other of fume extractors. When selecting a fume extractor, it is important to consider factors such as the type and concentration of contaminants, airflow requirements, noise levels, maintenance requirements, and compliance with relevant safety standards and regulations.

The market for fume extractors is propelled by high demand for fume extractors end-use industries such as construction, transportation, electricals & electronics, pipes & tanks, wind energy, marine, and aerospace & defense due to their features such as high strength and durability.

Furthermore, the fume extractor market has benefited from advancements in technology, which have led to the advent of more efficient and effective systems. For instance, improved filter technologies, energy-efficient designs, intelligent controls, and enhanced airflow management have made fume extractors more reliable, user-friendly, and cost-effective. These technological advancements have encouraged businesses to invest in upgrading their existing systems or installing new ones.

In addition, increase in emphasis on sustainable practices and reducing environmental impact across industries propels the demand for fume extractors. Fume extractors contribute to environmental sustainability by capturing and treating harmful emissions, preventing their release into the atmosphere. This aligns with corporate social responsibility initiatives and sustainability goals, thus driving the demand for fume extraction systems.

Moreover, rise in R&D activities in various industries is leading to the discovery and use of new materials and processes. These advancements often involve the use of hazardous substances or generate harmful by-products. Fume extractors play a vital role in controlling and eliminating these contaminants, making them indispensable in R&D facilities.

 The global fume extractors market is segmented into type, end-use industry, and region. By type, the market is bifurcated into portable fume extractors, benchtop fume extractors, welding fume extractors, soldering fume extractors, laser fume extractors, and others. On the basis of end-use industry, it is categorized into general manufacturing, electricals & electronics, pharmaceuticals, automotive & aerospace, construction, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Based on type, the welding fume extractors segment dominated the largest market share in 2022 due increasing emphasis on workplace safety and health regulations across industries. Welding produces hazardous fumes and particles that can pose serious health risks to workers if inhaled. Welding fume extractors help remove these pollutants from the air, ensuring a safer working environment and reducing the potential for respiratory issues and long-term health problems.

Based on end-use industry, the general manufacturing segment dominated the largest market share in 2022 due to growing recognition of the importance of providing a safe working environment for employees. Manufacturers are becoming more aware of the potential health hazards associated with various manufacturing processes, including welding, soldering, grinding, and cutting. Fume extractors play a crucial role in removing harmful fumes, gases, and particulate matter from the air, thereby protecting workers' health.

Based on region, the Asia-Pacific region dominated the highest market share in 2021 due to the highly developed electronic sector in China and the continuous investments are done in the region through the years to advance the electronic sector.

The major players operating in the industry include American Air Filter Company, Inc, APZEM Inc, Cleantek, Sentry Air Systems, Inc., Quatro Air Technologies Inc., HAKKO Corporation, Apollo Seiko, Span Filtration Systems Pvt. Ltd., Powertech Pollution Controls, and Donaldson Company, Inc. These players have adopted product launch as their key strategy to sustain in the competitive market. 

Key Findings Of The Study

  • Based on type, the welding fume extractors segment has a dominant market share in the global fume extractor market in terms of revenue in 2022. However, the laser fume extractors segment is anticipated to grow at the highest CAGR of 5.0% during the forecast period.
  • On the basis of end-use industry, the general manufacturing segment has a dominant market share in the global fume extractor market in terms of revenue in 2022. However, the automotive and aerospace segment is anticipated to grow at the highest CAGR of 5.1% during the forecast period.
  • Based on region, Asia-Pacific region has a dominant market share in the global fume extractor market in terms of revenue as well as volume and it is anticipated to grow at the highest CAGR of 4.8% during the forecast period.
 

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quote Fume Extractor Market by Types (Portable Fume Extractors, Benchtop Fume Extractors, Welding Fume Extractors, Soldering Fume Extractors, Laser Fume Extractors, Others), by End-use Industry (General Manufacturing, Electricals and Electronics, Pharmaceuticals, Automotive and Aerospace, Construction, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032 quote

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