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Fume Extractor Market size exceeded USD 3 billion in 2022 and is projected to expand at 4% CAGR from 2023 to 2032 due to increasing industrialization and safety protocols around hazardous manufacturing processes.
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A strong emphasis of manufacturers on providing a safe working environment for workers owing to strict government regulations is accelerating the demand for fume extractors. For instance, OSHA implemented Permissible Exposure Limit (PEL) that limits exposure to gaseous fumes during welding. Furthermore, the burgeoning demand for electronic devices has increase the demand for safe working environments, thereby propelling product adoption. The extractor removes harmful particles from the air in processes such as welding, sanding, grinding, and others.
Report Coverage | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 3 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 4% |
2032 Value Projection: | USD 4.5 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 329 |
Tables, Charts & Figures: | 294 |
Segments covered: | Product, Flow Rate, Filter Unit, Application, End-Use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Lack of awareness regarding fume extraction systems is a major factor restraining market growth. As industrial operations are on the rise in developing countries, pollution, and harmful air are taking a toll on the environment, and a lack of awareness among manufacturing companies has also impacted the extractor adoption negatively. Nonetheless, government emphasis on a clean and safe environment for the safety of workers will increase the knowledge regarding these extractors and their uses.
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Based on product, the portable fume extractor market size will reach more than USD 1.5 billion by 2032. Portable extractors are easy to use and provide convenience in industries that require light cleaning tasks, such as welding, soldering, grinding, and 3D printing. For instance, a portable welding fume extractor helps in improving productivity by removing the fumes from the workspace and enabling longer extraction time. Recent automation in these products also enables mobility and easy transportation compared to their counterparts.
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The fume extractor market value from general manufacturing will cross USD 2 billion by 2032. The increasing application of fume extractors in metal fabrication, manufacturing, and chemical industries is propelling segment growth. Metal fabrication has extensive utilization in multiple industries, including automotive, transportation, construction, oil & gas, and others, as they are strongly dependent on aluminum and stainless steel for manufacturing purposes, driving the segment growth.
Asia Pacific fume extractor market is poised to depict around 4.5% CAGR between 2023 and 2032 attributed to expanding manufacturing sector as a result of supportive government initiatives, cheap labor, and raw material cost. Moreover, increasing investments in new manufacturing projects in countries including China, India, and Japan are positively impacting regional market statistics.
Nederman Holding, American Air Filter (AAF), BOFA International, Apzem, Fumex Inc., Cleantek, Parker Hannifin, Donaldson Company, Lincoln Electric, Kemper America, Miller Electric, Absolent Group, and Camfil are some of the key participants involved in the fume extractor industry. These companies focus on strategic acquisitions and collaboration to maintain their market position.
Fume Extractor Market News
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By Product
By Flow Rate
By Filter Unit
By Application
By End Use
By Region