Published: Dec, 2018
The global dust suppression control market is expected to witness significant growth in the coming years, observes Transparency Market Research. Expansion is the strategy used by the leading players operating in this market. For instance, Borregaard ASA stretched their manufacturing site in Florida in June 2018. In the same years, they announced the commencement of their new warehouse construction in Fredrikstad. Companies are planning to use these strategies that will help them getting a firm hold in the market and give them competitive edge among their players. Some of the other key players in the market are Huntsman Corporation, Accéntuate Ltd., APPLIED CONVEYOR TECHNOLOGY, INC., Benetech Inc., Incorporated, and Cargill.
To give a complete insight on the global dust suppression control market, Transparency Market Research has come up with it recent report. In this report, it shows this market will progress at 3.0% CAGR during the forecast tenure from 2018 and 2026. During this period, the market is expected to earn US$ 1.6 bn by 2026. In 2017, the market valuation was 1.15 bn.
Based on the type of dust control, the tar and bitumen emulsion is projected to lead the market. High demand the tar and bitumen emulsion is due to their strong binding properties. Moreover, the demand for polymer emulsions is likely to grow significantly over the forecast tenure. Based on geography, North America and Europe are holding maximum share in the market in terms of volume. Asia Pacific and Latin America are leading in this market in terms of value.
Rising Environmental Concerns Related To Dust Emission to Boost Market Performance
The demand for dust suppression control increased massively as the demand rose in the building and construction industry. The dust suppression control chemicals that are used on the construction sites helps in reducing the fugitive dust particles present in the air. This also aids in increasing visibility and ensures better health of employees and people in surrounding areas. The rapid growth of urbanization in countries like China and India that has led the growth in construction industry will also boost the demand for dust suppression control.
In addition, the demand for dust suppression control is also in the mining industry. The dust created while mining that can causes severe health issues making the use of dust suppression control very important. Rising number of environment protection associations and strict government regulations against fugitive dust emission can also boost the demand in this market.
Low Awareness about New Techniques to Control Dust to Deter Demand
On the contrary, most of the people in developing regions such as India, South Africa, and Mexico are not aware about dust suppression control products. These countries have significant amount of dust emission, as they do not treat unpaved roads and are highly dependent on water as a dust suppression method. Air pollution is also high in these countries. However, rising efforts by government to increase awareness through various environment programmes might aid the dust suppression market to grow.
The information presented in this review is based on a TMR report, titled “Dust Suppression Control Market (Product - Dry Type Dust Control, Wet Type Dust Control; Type - Hygroscopic Salts, Lignosulfonates, Tar and Bitumen Emulsion Products, Petroleum Resins, Polymer Emulsions; Application - Mining & Refineries, Road Construction, Power Plants, Industrial Materials and Rock Production, Chemicals Processing) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026.”
The Global Dust Suppression Control Market has been segmented as presented below:
Global Dust Suppression Control Market, by Product
- Dry Type Dust Control
- Wet Type Dust Control
Global Dust Suppression Control Market, by Type
- Hygroscopic Salts
- Petroleum Resins
- Polymer Emulsions
- Tar and Bitumen Emulsion Products
Global Dust Suppression Control Market, by Application
- Mining & Refineries
- Power Plants
- Chemicals Processing
- Metal Extraction
- Industrial Materials and Rock Production
Global Dust Suppression Control Market: Geography
- North America
- Rest Of Europe
- Asia Pacific
- Australia & New Zealand
- Rest Of Asia Pacific
- Latin America
- Rest of South America
- Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
- Rest of MEA
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