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Laboratory Fume Hoods Manufacturing in the US Industry Market Research Report Now Available from IBISWorld

h lower air volume, while at the same time, adhering to changing regulations and testing standards. Ductless hoods have further improved energy efficiency and cost savings by using activated carbon filters to remove toxins from the airstream. As a result, industry revenue is expected to grow 2.1% in 2014.

“Over the five years to 2019, the industry is projected to grow at a faster rate as companies invest in new products, thus increasing their R&D expenses,” says Diment. One of the primary impetuses of growth will be an increase in international demand for US laboratory fume hood products. Strong growth in research capabilities among private, government and educational institutions in China and the rest of Asia will likely drive growth in exports.

For more information, visit IBISWorld’s Laboratory Fume Hoods Manufacturing industry in the US industry report page.

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IBISWorld industry Report Key Topics

The Laboratory Fume Hoods Manufacturing industry includes establishments operating within the United States that manufacture fume hoods, which are ventilation devices designed to limit exposure to hazardous or noxious fumes, vapors or dusts.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations

Source: PRWeb
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