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Fume Extractor Market Share

Report ID: GMI5319
Published Date: Mar 2024
Report Format: PDF

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Fume Extractor Market Share

What are the growth opportunities in this market?

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

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of fume extractor was reached USD 2 billion in 2023 and is estimated to register a CAGR of over 4.6% through 2032, driven by the need to prevent diseases caused by pollutants.

Portable fume extractor segment accounted for USD 1.1 billion in 2023 and is poised to gain traction through 2032, owing to ease of usage and convenience in tasks.

Asia Pacific fume extractor industry generated USD 773 million in 2023 and is set to grow rapidly till 2032, driven by supportive government efforts, low labor costs, and low raw material costs in the region.