Press release
Demand For Spray Booth Ventilation Systems Size Reached A Totaling Around US$ 800 Mn By 2032
The global demand for spray booth ventilation systems reached $568 million in 2021 and is expected to reach $585 million in 2022. Furthermore, with the rapid adoption of spray booth ventilation system size in industries such as automotive, aerospace, construction, and railways, the global pray booth ventilation systems market is expected to grow at a moderate CAGR of 3.1 percent between 2022 and 2032, totaling around US$ 800 Mn by 2032.A spray booth is a power-ventilated structure provided to accommodate or enclose a spraying operation in order to limit or confine the escape of residue, vapor, spray, and to safely direct or conduct them to an exhaust system. The spray booth ventilation system helps in reducing the exposure of workers to hazardous materials like paint vapors through removing polluted air from the workplace and to ensure that workers are breathing uncontaminated air.
Furthermore, the local exhaust ventilation system can be preferred method of control in paint shops as the lower exhaust-flow rate reduces heating costs thus making it relatively more effective than its counterparts. The spray booth ventilation system helps to prevent the accumulation of toxic or flammable vapor or gases and does not require floor space.
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Moreover, the maintenance of the spray booth ventilation system helps in protecting the employees/ workers and improve the quality of the work. Keeping the booth clean, well heated, regular check and replacing air filters, when required are some of the measures taken for the optimal operation of the spray booth ventilation system.
Spray Booth Ventilation System Market: Dynamics:
The stricter government standards and regulations such as OSHA and EPA specified guidelines regarding spray booth ventilation and designing spray booths to filter out flammable contaminants and moving the air currents towards an exhaust for the proper ventilation. Furthermore, the poor spray booth system may lead to the risk of inhaling toxic fumes, along with poor health issues due to solvents and chemicals containing volatile organic compounds (VOCs).
Also, fire caused by the paint fumes coming in contact with reactive chemicals or electrical discharge may affect the spray booth performance, which can be eliminated and avoided with the spray booth ventilation system. Moreover, a high quality spray booth ventilation system helps in achieving higher quality finishes which helps in reducing cycle time and costs and thus improves customer satisfaction.
The integrators or installers of spray booth ventilation system also works on the custom requirements which helps clients to implement ventilation system matching their specific spray booth or finishing environment needs. Rising demand for ventilation environment across applications such as automotive pre-stations, aircraft paint booths, open face gel booths, mix storage rooms, large equipment paint booths, and small & big spray booth, among others to propel the growth of the spray booth ventilation system during the forecast period.
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Spray Booth Ventilation System Market: Regional Outlook:
The global spray booth ventilation system market is significantly driven by North America due to rising awareness among end use industries and stringent government regulations towards worker's safety, environmental protection, among others. Furthermore, the European market is another region which is estimated to perform considerably in the coming future with growing demand for spray booth ventilation system to enhance productivity, quality of the service, and efficiency of the plant. Growing automotive production and maintenance, aerospace industry, among other industries to propel the demand of spray booth ventilation system market over the forecast period.
Asia Pacific, on the other hand, is gaining substantial traction and growth in the global spray booth ventilation market due to rising demand for efficient spray booths and efficient work to maintain and reduce lead time. Latin America and Middle East & Africa market are expected to register considerable growth in the global spray booth ventilation system market over the forecast period.
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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