Global Welding Fume Extraction Equipment Market Size and Share Forecast Outlook From 2023 to 2033

According to research by Future Market Insights, the overall market valuation could be around USD 4.3 billion in 2023. From the years between 2023 and 2033, the market is anticipated to expand at a compound annual growth rate of 5.5%. The total sales of Welding Fume Extraction Equipment globally can reach USD 7.4 billion by the end of this forecast period, 2033.

Over the years, a sizable market for welding fume extraction equipment has developed in several sectors, including aerospace, automotive, construction, and manufacturing. One of the main causes of this rise is the rising demand for welding fume extraction equipment is rapid industrialization ongoing around the world.

Inhaling welding fumes is known to expose employees to several hazardous chemicals, including metal oxides, gases, and particulate matter. So, governments and regulatory agencies are putting strict rules and regulations to guarantee the security and well-being of employees where welding procedures are widely used.

Also, the growing consciousness among businesses and employees about the need to uphold a safe workplace is another factor driving the market expansion.

Innovative products that offer more effectiveness, better filtration, and easier usability are being created by manufacturers to gain a competitive edge over their rivals. The adoption of welding fume extraction equipment is anticipated to increase with such technological developments and increased investments in research & development.

Modern welding fume extraction equipment is used more often to comply with laws, lower occupational health concerns, and enhance worker safety. Also, to reduce the emission of dangerous gases into the environment, such rules frequently compel businesses to make investments in efficient welding fume extraction equipment.

Attributes Details
Global Welding Fume Extraction Equipment Market Valuation in 2022 USD 4.1 billion
Estimated Global Market Share in 2023 USD 4.3 billion
Forecasted Global Market Size by 2033 USD 7.4 billion
Projected Global Market Growth Rate from 2023 to 2033 5.5% CAGR
Historical Market Growth Rate from 2018 to 2022 7.2% CAGR

Comparison of Historical vs Future Outlook on Changing Consumer Trends for Welding Fume Extraction Equipment Industry

As per the earlier records by FMI, the market's overall value was about USD 3.1 billion in 2018. It followed a growth rate of 7.2% during the years between 2018 and 2022 and concluded at nearly USD 4.1 million in 2022.

The need for welding fume extraction equipment has increased in all prominent geographical areas as industries continue to develop and grow across the world. However, specific industry standards or local or federal trade rules may hinder the expansion of the market at its full potential.

To address the infrastructure needs of expanding urban populations, governments and corporate organizations across all countries are spending extensively on construction projects. As cities grow and the demand for modernization increases, it can contribute to the emerging trends in fume extraction equipment markets.

What are the Driving Factors for the Global Welding Fume Extraction Equipment Market in the Forecast Years?

Establishing partnerships and strategic alliances with other business entities, academic institutions, or governmental agencies can promote innovation and information exchange among manufacturers. Such collaborations also may result in the creation of standards for the industry, recommendations for best practices, and improvements in welding fume extractor technology.

In addition to this, it's important to remember that welding fume extraction equipment is only one part of a thorough strategy for welding safety. A safe workplace includes other measures like PPEs and routine equipment maintenance and inspection that play a crucial role in the long term.

Welding Fume Extraction Equipment Industry Analysis by Top Investment Segments

Top Product Type Segment Mobile Units
Top Market Segment Historical CAGR from 2018 to 2022 7%
Top Market Segment Forecasted CAGR from 2023 to 2033 5.4%

Mobile Welding Fume Extraction Equipment to Win the Race against Other Product Types

Mobile units are quite popular because they are perfect for small fabrication and welding facilities that need light- to medium-duty welding fume extractors.

Due to their portability and compactness, this segment is anticipated to continue to grow at a higher growth rate than stationary units. Also, this segment is especially advantageous for small-scale businesses or facilities where welding activities are intermittent or dispersed over several locations.

Top Application Segment Arc Welding
Top Market Segment Historical CAGR from 2018 to 2022 6.9%
Top Market Segment Forecasted CAGR from 2023 to 2033 5.2%

Application of Fume Extraction Equipment Market during Arc Welding Remains Higher

The arc welding application segment always held a sizeable proportion of the market as it is a common welding technique used for a range of tasks. Arc welding techniques make for higher demand for welding fume extraction among all the applications. It is expected to retain its dominance during the forecast years as well.

Analysis of Top Countries, Producing, Formulating, Packaging, Distributing, and Consuming Welding Fume Extraction Equipment

Regional Market Attributes Details
Historical CAGR of the United States Market from 2018 to 2022 7.1%
Forecasted CAGR of the United States Market from 2023 to 2033 5.4%
Anticipated Overall Market Value in the United States by 2033 USD 1.4 billion
The United States Market Absolute Dollar Growth Until 2033 USD 552.4 million

United States Welding Fume Extraction Equipment Market to Remain at the Forefront for Product Innovations and Advancements

Satisfying the evolving demands in the United States involves creating equipment with greater efficiency, better-filtering systems, expanded safety features, and cutting-edge control mechanisms. Manufacturers are also collaborating with different end-use verticals operating beyond the boundaries to invent and release new and improved welding fume extraction equipment.

Regional Market Attributes Details
Historical CAGR of the United Kingdom Market from 2018 to 2022 6.9%
Forecasted CAGR of the United Kingdom Market from 2023 to 2033 5.2%
Anticipated Overall Market Value in the United Kingdom by 2033 USD 290.1 million
Projected Growth of the Market Until 2033 in Absolute Dollar USD 114.6 million

The United Kingdom Welding Fume Extraction Equipment Market to Remain at the Forefront for Product Innovations and Advancements

Europe's commitment to environmental causes as well as safeguarding the safety and well-being of their workers is demonstrated by their adoption of new laws. Adequate control measures to limit the hazards connected with welding emissions by mandating businesses are expected to drive the demand for welding fume extraction equipment.

Regional Market Attributes Details
Historical CAGR of the China Market from 2018 to 2022 7.1%
Forecasted CAGR of the China Market from 2023 to 2033 5.3%
Anticipated Overall Market Value in China by 2033 USD 1.6 billion
China Market Absolute Dollar Growth Until 2033 USD 649.7 million

Tightening of Workplace Safety Norms to Increase the Sales of Welding Fume Extraction Equipment in the Asia Pacific Region

Overall, the adoption of new laws mandating worker safety in industries that provide welding services can drive the Asia Pacific market.

Moreover, the economies and urban populations of nations like China, India, and South East Asia are expanding quickly. So, in the coming days, FMI projects the welding fume extraction equipment manufacturers based in the Asia Pacific may witness higher growth rates than ever.

Regional Market Attributes Details
Historical CAGR of the Japan Market from 2018 to 2022 7%
Forecasted CAGR of the Japan Market from 2023 to 2033 5.3%
Anticipated Overall Market Value in Japan by 2033 USD 1.4 billion
Japan Market Absolute Dollar Growth Until 2033 USD 572 million

Demand for Welding Fume Extraction Equipment in MEA is Creating Higher Growth Opportunities

The Middle East and Africa region is seeing a significant rise in demand for welding fume extraction equipment, particularly in the construction industry. Megaprojects, such as extensive infrastructure programs and urban development strategies, are what are driving the sales of welding fume extraction equipment in some countries.

Regional Market Attributes Details
Historical CAGR of the South Korea Market from 2018 to 2022 6.4%
Forecasted CAGR of the South Korea Market from 2023 to 2033 5%
Anticipated Overall Market Value in South Korea by 2033 USD 359.5 million
South Korea Market Absolute Dollar Growth Until 2033 USD 135.2 million

Leading Suppliers of Welding Fume Extraction Equipment

Leading welding fume extraction equipment manufacturers are increasing their market share by satisfying shifting technical requirements from diverse end-use verticals or industries. While new welding fume extraction equipment suppliers and allied businesses now have an opportunity to profit from the increasing demand from the construction sector.

To broaden their product offering, clientele, and market reach, businesses may buy out or combine with other companies operating in this industry. New market players may swiftly acquire new technology, knowledge, and resources to come up with customized products as per the requirement of specific industries.

For instance, end users now have a stationary filtering option with the launch of the WallMaster filter system by KEMPER GmbH in August 2020.

How can Welding Fume Extraction Equipment Manufacturers Scale their Businesses in the Global Market?

Manufacturers can offer their customers Local exhaust ventilation (LEV) systems that supplement the primary measures established with welding fume extraction equipment. Systems for local exhaust ventilation are created to catch and eliminate welding emissions at the source, thereby reducing the risk of inhalation.

Superior welding fume technology can make it easier to reach new markets, improve research and development capacities, and foster information sharing. Besides, they can also put effort into creating awareness and knowledge among end users about welding equipment with occupational risks and diseases connected to welding.

Leading Welding Fume Extraction Equipment Producers by Market Share

  • Parker Hannifin Corporation
  • Fumex, Inc.
  • AAF International (American Air Filter)
  • Air Quality Engineering
  • Lasermet Ltd.

Key Shifting Preferences Covered in Welding Fume Extraction Equipment Market Report

Attribute Details
Forecast Period 2023 to 2033
Historical Data Available for 2018 to 2022
Market Analysis USD million or USD billion for Value and Units for Volume
Key Regions Covered North America; Latin America; Europe; the Middle East & Africa; East Asia; South Asia and Oceania
Key Countries Covered United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa
Key Segments Covered By Product Type, By Application, and By Region
Key Companies Profiled Parker Hannifin Corporation; Fumex; Inc.; AAF International (American Air Filter); Air Quality Engineering; Lasermet Ltd.
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing Available upon Request

Top Segments Studied in the Welding Fume Extraction Equipment Market Research Report

By Product Type:

  • Mobile Units
  • Stationary Units
  • Large Centralized Systems

By Application:

  • Arc Welding
  • Resistance Welding
  • Laser Beam Welding
  • Oxy-fuel Welding
  • Other Applications

By Region:

  • North America Market
  • Latin America Market
  • Europe Market
  • East Asia Market
  • South Asia and Pacific Market
  • The Middle East and Africa (MEA) Market

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
  • 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
    • 5.1. Mobile Value (USD Million) & Volume (Units)
    • 5.2. Stationary Value (USD Million) & Volume (Units)
    • 5.3. Large Centralized Systems
  • 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
    • 6.1. Arc Welding
    • 6.2. Resistance Welding
    • 6.3. Laser Beam Welding
    • 6.4. Oxy-Fuel Welding
  • 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
    • 7.1. North America
    • 7.2. Latin America
    • 7.3. Europe
    • 7.4. Asia Pacific
    • 7.5. MEA
  • 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 13. Key Countries Market Analysis
  • 14. Market Structure Analysis
  • 15. Competition Analysis
    • 15.1. Parker Hannifin Corporation
    • 15.2. Fumex, Inc.
    • 15.3. AAF International
    • 15.4. Air Quality Engineering
    • 15.5. Lasermet Ltd.
    • 15.6. Sentry Air Systems, Inc.
    • 15.7. Nederman Holding AB
    • 15.8. PlymoVent Group BV
    • 15.9. Industrial Maid, LLC
    • 15.10. Techflow Enterprises Pvt, Ltd.
  • 16. Assumptions & Acronyms Used
  • 17. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033

Table 3: Global Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 4: Global Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 5: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 6: Global Market Volume (Units) Forecast by Application, 2018 to 2033

Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 8: North America Market Volume (Units) Forecast by Country, 2018 to 2033

Table 9: North America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 10: North America Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 11: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 12: North America Market Volume (Units) Forecast by Application, 2018 to 2033

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 14: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033

Table 15: Latin America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 16: Latin America Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 17: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 18: Latin America Market Volume (Units) Forecast by Application, 2018 to 2033

Table 19: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 20: Europe Market Volume (Units) Forecast by Country, 2018 to 2033

Table 21: Europe Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 22: Europe Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 23: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 24: Europe Market Volume (Units) Forecast by Application, 2018 to 2033

Table 25: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 26: Asia Pacific Market Volume (Units) Forecast by Country, 2018 to 2033

Table 27: Asia Pacific Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 28: Asia Pacific Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 29: Asia Pacific Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 30: Asia Pacific Market Volume (Units) Forecast by Application, 2018 to 2033

Table 31: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 32: MEA Market Volume (Units) Forecast by Country, 2018 to 2033

Table 33: MEA Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 34: MEA Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 35: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 36: MEA Market Volume (Units) Forecast by Application, 2018 to 2033

List of Figures

Figure 1: Global Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 2: Global Market Value (US$ Million) by Application, 2023 to 2033

Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 5: Global Market Volume (Units) Analysis by Region, 2018 to 2033

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 8: Global Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 9: Global Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 10: Global Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 11: Global Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 12: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 13: Global Market Volume (Units) Analysis by Application, 2018 to 2033

Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 16: Global Market Attractiveness by Product Type, 2023 to 2033

Figure 17: Global Market Attractiveness by Application, 2023 to 2033

Figure 18: Global Market Attractiveness by Region, 2023 to 2033

Figure 19: North America Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 20: North America Market Value (US$ Million) by Application, 2023 to 2033

Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 23: North America Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 26: North America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 27: North America Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 28: North America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 29: North America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 30: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 31: North America Market Volume (Units) Analysis by Application, 2018 to 2033

Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 34: North America Market Attractiveness by Product Type, 2023 to 2033

Figure 35: North America Market Attractiveness by Application, 2023 to 2033

Figure 36: North America Market Attractiveness by Country, 2023 to 2033

Figure 37: Latin America Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 38: Latin America Market Value (US$ Million) by Application, 2023 to 2033

Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 41: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 44: Latin America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 45: Latin America Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 48: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 49: Latin America Market Volume (Units) Analysis by Application, 2018 to 2033

Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 52: Latin America Market Attractiveness by Product Type, 2023 to 2033

Figure 53: Latin America Market Attractiveness by Application, 2023 to 2033

Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 55: Europe Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 56: Europe Market Value (US$ Million) by Application, 2023 to 2033

Figure 57: Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 59: Europe Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 62: Europe Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 63: Europe Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 64: Europe Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 65: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 66: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 67: Europe Market Volume (Units) Analysis by Application, 2018 to 2033

Figure 68: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 69: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 70: Europe Market Attractiveness by Product Type, 2023 to 2033

Figure 71: Europe Market Attractiveness by Application, 2023 to 2033

Figure 72: Europe Market Attractiveness by Country, 2023 to 2033

Figure 73: Asia Pacific Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 74: Asia Pacific Market Value (US$ Million) by Application, 2023 to 2033

Figure 75: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033

Figure 76: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 77: Asia Pacific Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 78: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 79: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 80: Asia Pacific Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 81: Asia Pacific Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 82: Asia Pacific Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 83: Asia Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 84: Asia Pacific Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 85: Asia Pacific Market Volume (Units) Analysis by Application, 2018 to 2033

Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 88: Asia Pacific Market Attractiveness by Product Type, 2023 to 2033

Figure 89: Asia Pacific Market Attractiveness by Application, 2023 to 2033

Figure 90: Asia Pacific Market Attractiveness by Country, 2023 to 2033

Figure 91: MEA Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 92: MEA Market Value (US$ Million) by Application, 2023 to 2033

Figure 93: MEA Market Value (US$ Million) by Country, 2023 to 2033

Figure 94: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 95: MEA Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 96: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 97: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 98: MEA Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 99: MEA Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 100: MEA Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 101: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 102: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 103: MEA Market Volume (Units) Analysis by Application, 2018 to 2033

Figure 104: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 105: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 106: MEA Market Attractiveness by Product Type, 2023 to 2033

Figure 107: MEA Market Attractiveness by Application, 2023 to 2033

Figure 108: MEA Market Attractiveness by Country, 2023 to 2033

Frequently Asked Questions

How Big is the Welding Fume Extraction Market?

The market is valued at USD 4.3 billion in 2023.

How was the Historical Performance of the Market?

From 2018 to 2022, the market registered a CAGR of 7.2%.

What is the Estimated Market Size in 2033?

The market is estimated to reach USD 7.4 billion in 2033.

What is the Growth Potential of the Market?

The growth potential of the market is 5.5% from 2023 to 2033.

Who are the Top Welding Fume Extraction Market Players?

Parker Hannifin Corporation, Fumex, Inc. and, Lasermet Ltd. AG are the top market players.

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