Dust Control Market is expected to Surpass US$ 17.41 Bn by 2024
Air-borne dust
particles produced during production, processing, or during movement
of the goods can adversely affect health, efficiency and even
interfere with the production quality. Hence, companies are moving
towards using dust control system in order to achieve effective dust
suppression. To simplify the system for dust control, manufacturers
are shifting from offering complicated system and expensive equipment
to advanced technology. The smart dust control systems also include
automated controls to offer better results at a minimum cost. Sectors
including manufacturing, automotive, mining, and energy and utility
are resulting in the increased rate of air pollution, thereby,
driving the demand for dust control system in the global market.
The manufacturers
are also designing dust control system specifically for the type of
dust and process through which it is produced. The rise in the
construction industry across the globe is also resulting in the
growing demand for wet type dust control system. However, the high
cost of maintenance, lack of compliance with the government and
industry regulations, and lack of explosion to protection devices are
some of the factors hampering the growth of the global market for
dust control. Governments in various countries are also encouraging
the use of advanced dust control system that can help in improving
air quality.
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A study by
Persistence Market Research (PMR), the global dust control market is
expected to see a modest growth during 2017-2026. The global market
for dust control is projected to bring in close to US$ 18,800 Million
in terms of revenue by the end of 2026.
Wet Type Dust
Control System to Witness Significant Growth During 2017-2026 : Based
on the product type, wet type dust control system is likely to
witness the highest growth in value terms. Meanwhile, in terms of
volume, dry type dust control system is anticipated to see a growth.
By the end of 2026, a wet type dust control system in terms of value
is projected to surpass US$ 18,400 Million revenue.On the basis of
application, dust control system is anticipated to find the largest
application in mining. Towards 2026 end, mining is estimated to
exceed US$ 4,600 Million revenue.
North America to
Lead the Global Dust Control Market : Geographically, North America
is likely to witness robust growth in the global market for dust
control during 2017-2026. Increase in construction and industrial
activities in the region are driving the demand for dust control
system. The U.S. is also witnessing a rise in the residential
construction, thereby, contributing to the growth of the global dust
control market. Meanwhile, Western Europe and Asia Pacific Excluding
Japan (APEJ) are also likely to witness substantial growth in the
coming years. Increasing urbanization in China and India is resulting
in the rise in infrastructural development, thereby fueling the
demand of the dust control system in APEJ.
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Leading Players in
the Global Market for Dust Control : Leading players currently active
in the global market for dust control are Donaldson Company, Inc.,
Quaker Chemical Corporation, Nederman Holding AB, JKF Industri A/S,
Camfil, Sly Environmental Technology Ltd., and Beltran Technologies,
Inc.
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