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Fume Extractor Market size to accrue $4.5 Bn by 2032

  • Published Date: May 3, 2023

Fume Extractor Market size is anticipated to surpass USD 4.5 billion by 2032, as per a new research report announced by Global Market Insights Inc.

Rising self-consciousness about looks among the young generation is augmenting the luxury beauty industry expansion. Furthermore, booming dental tourism in the Middle East nations such as Dubai and increasing customer income are also accelerating product adoption. People from Germany, the U.S., the UK, and many other countries are visiting Gulf countries for dental treatment. This rise in the dental tourism and beauty industry will drive the fume extractor market growth.

Benchtop fume extractors to witness high demand

With respect to product,  the benchtop fume extractor will amass over USD 710 million by 2032. Wide applicability in extracting chemicals, solvents, and epoxy fumes is expected to foster segment outlook. Moreover, its toxic & hazardous chemicals capturing capability, heavy-duty design, advanced technology, and OSHA regulatory affirmations will propel product demand.

Browse key industry insights spread across 329 pages with 244 market data tables & 50 figures & charts from the report, “Fume Extractor Market - By Product (Fixed Fume, Portable, Benchtop, Wall Mounted), By Flow Rate (<250m3/hr, 250 to 500 m3/hr, 500 to 1,000 m3/hr, 1000 to 2000 m3/hr, More than 2,000 m3/hr), By Filter Unit (Filtration Units, Replacement Filter), By Application, By End-Use & Global Forecast, 2023 – 2032”, in detail along with the table of contents:

Fume extractors to gain traction in the automotive sector

The automotive application segment of fume extractor market is set to expand at around 3.5% CAGR from 2023 to 2032, led by a positive consumer preference for electric vehicles & hybrids due to rising environmental concerns. As per the Bureau of Labor Statistics, the U.S. electric vehicle sale would account for 40% of the total passenger car sales by 2030. The transition to advanced digital cockpits, digital head units, and instrument clusters from analog dials and buttons will strengthen industry growth.

Europe leads the fume extractor business

Europe fume extractor market size will reach USD 1 billion by 2032. Rising health concerns on account of the negative effects of toxic gases will boost product demand in the region. Additionally, increasing automobile production and the presence of several manufacturers, such as BMW, Audi, and Mercedes-Benz, among others, will impact business development. The EU car production rose by 7.1% in 2022 as per the European Automobile Manufacturers’ Association.

Major fume extractor industry players

Apzem, American Air Filter (AAF), Absolent Group, Lincoln Electric, Nederman Holding, Fumex Inc., Cleantek, Parker Hannifin, BOFA International, Donaldson Company, Kemper America, Miller Electric, and Camfil are some of the major key players profiled in the fume extractor market. These firms are engaging in a series of strategic acquisitions and collaborations to stay ahead in the competitive scenario.

Authors: Kiran Pulidindi, Kunal Ahuja