Dust Control Systems Market Set to Witness an Uptick during 2019 to 2025
Posted by Mrudula Anil Karmarkar on March 15th, 2021
The global dust control systems market size is expected to reach USD 20.3 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 4.2% over the forecast period. The demand for the product is primarily driven by increasing air pollution and growing awareness pertaining to the benefits of dust control systems, coupled with rising health concerns.
The mining industry accounts for a vital share of the global economy and is responsible for supplying key raw materials for several applications and end-use industries, thus being a key sector of focus amidst the ongoing pandemic outbreak. Mining industries in China are expected to return to normal operations by Q3 of 2020 as enterprises indicated towards the returning of their workers soon. Moreover, Iron ore producers are known to be the least impacted. Major players such as BHP and Vale reported experiencing no major influence on their operations due to the COVID-19 virus. The iron ore prices reached above USD 90 per ton amidst the pandemic situation which may negatively impact the end-use industries. The report will account for Covid19 as a key market contributor.
The need for clean air is increasing with rising pollution levels, coupled with growing respiratory issues in urban areas, which is expected to contribute significantly to the growth of the market. Increasing need for adoption of the product, especially in developing regions across the globe, is anticipated to drive demand over the forecast period.
Increase in global construction activities and growing demand for high-quality construction materials are expected to drive the cement manufacturing sector. Cement manufacturing is one of the largest end-use industries for the product, thereby boosting the growth of dust control systems market substantially over the forecast period.
Product manufacturers are investing heavily on research and development activities in order to develop highly efficient and technologically advanced systems. Furthermore, governments across the regions are introducing stringent regulations and standards to regulate increasing air pollution, which, in turn, is expected to boost product demand over the forecast period.
Further key findings from the report suggest
Dust control systems are used to enhance the quality of air that is released from manufacturing processes by collecting impurities and dust particles from gas or air. The system consists of a filter, blower, filter cleaning, and removal system. These dust control systems effectively capture dust at the source with the help of components such as enclosure and hoods. A dust collection system has several benefits, the most important one being a dust-free environment. There are primarily two types of dust control systems used-wet and dry.
The Clean Air Act (CAA) is a comprehensive federal law that authorizes the Environmental Protection Agency (EPA) to set standards for the quality of air by regulating emissions of hazardous air pollutants to protect public health. The agency implements numerous financial and technical programs to safeguard the pollution level in the air and control air pollution in the U.S. As a result, the demand for dust control systems in the country is expected to witness substantial growth in the coming years.
Clean air is of utmost importance in order to avoid various health problems, including respiratory diseases such as asthma. However, rapid industrialization, coupled with increasing construction and mining activities in developing economies significantly contributes to air pollution, which, in turn, is expected to drive demand for dust control systems over the forecast period.
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Major players in the market include Nederman Holding, Illinois Tool Works, Dust Control Systems, Duztech AB, Donaldson Company, Heylo, Beltran Technologies, Spraying Systems, Dust Control Technologies, and Sly Filters. These companies are engaged in providing an extensive product range and customized equipment.
Advanced research and development operations of market participants have led to extremely innovative designs, which has optimized the adoption of dust control systems. Major players are aiming at strategic mergers and acquisitions of small- and medium-scale companies to enhance their product offering. Hence, an intense competitive rivalry is anticipated among players in the coming years.
Grand View Research has segmented the global dust control systems market on the basis of product, end use:
Dust Control Systems Product Outlook (Revenue, USD Million, 2014 - 2025)
Dust Control Systems End-use Outlook (Revenue, USD Million, 2014 - 2025)
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information:www.grandviewresearch.com
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About the AuthorMrudula Anil Karmarkar
Joined: July 2nd, 2020
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