Dust Control Systems and Suppression Chemicals Market worth USD 17927.0 million by 2030

The Market Statsville Group (MSG) publishes the new report on the "Dust Control Systems and Suppression Chemicals Market by Chemical Type (Lignin Sulfonate, Magnesium Chloride, Asphalt Emulsions, Calcium Chloride, Polymeric Emulsions, Oil Emulsions, and Other Chemical), by System Type (Dry Collection and Wet Suppression), by End-Users (Mining, Construction, Oil & Gas and Petrochemical, Food and Beverage, Pharmaceutical, and Other End-user Industries), by Region – Global Share and Forecast to 2030". The global dust control systems and suppression chemicals market size is expected to grow from USD 12800.7 million in 2021 to USD 17927.0 million by 2030, at a CAGR of 4.3% during the forecast period. The mining industry is on a path of recovery and is being augmented by technological advancements. However, it continues to face challenges due to its effects on the environment. An extensive system has been developed to govern all mining activities and clean up the previous ones, especially in developed countries that constitute a major market share. Recently, China revised environmental protection law and environmental protection tax law.

Additionally, the country introduced several stringent environmental laws and regulations for companies operating majorly in the natural resource (oil, gas, and mining) or heavy manufacturing sector, among others. This revised law is expected to give rise to various challenges in the mining industry, such as potential regulatory burden increase. Moreover, with the imposition of the new environmental tax under the EPT, it is expected to become more challenging for foreign mining companies to manage their tax burden when operating in China. In turn, this is expected to drive the demand for dust control systems and suppression chemicals in the country in the future.

Segmentation of Global Dust Control Systems and Suppression Chemicals Market

The overall dust control systems and suppression chemicals market has been segmented into chemical, system, end-users, and region.

• By Chemical Type (Lignin Sulfonate, Magnesium Chloride, Asphalt Emulsions, Calcium Chloride, Oil Emulsions, Polymeric Emulsions, and Other Chemical Types)
• By System Type (Wet Suppression and Dry Collection)
• By End-Users (Mining, Construction, Food and Beverage, Oil & Gas and Petrochemical, Pharmaceutical, and Other End-user Industries)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

Dry collection, by system type, is estimated to hold the largest market share during the forecast period

The global dust control systems and suppression chemicals market is segmented into dry collection and wet suppression by system type. The dry collection segment generated the highest revenue of 71.9% of the global dust control systems and suppression chemicals market in 2021. It is projected to grow at a CAGR of 4.1% from 2022 to 2030. The National Fire Protection Association (NFPA) defines dry dust collectors as cyclone and media collectors, such as cartridge collectors and baghouses. The efficiency of the dry dust collection system depends on the filter and filter media, the particulate size, the air pressure, and the type of combustible dust. Cartridge dust collectors are highly efficient, and most dry media-type collectors are widely used for fine particulate dust generated during processing applications.

Dusty air enters the collector and accumulates on the filter media. Periodic bursts are compressed air that dislodges the dust from the filters and sends them into a hopper. The dust is then discharged from the hopper into a separate storage drum or other containers that must be emptied frequently to ensure that the dust does not get back into the hopper. Cartridge dust collectors are available with various primary filtration media that can achieve high-removal efficiencies on very fine particulates, including nanofiber media that combine high performance with low maintenance and long service life. Dry dust collection systems are the most widely used systems in various end-user industries. With the growth in different end-user industries, the market for dry collection systems is likely to experience boosted growth through the forecast period.

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In 2021, Asia Pacific accounted for the largest market share in the dust control systems and suppression chemicals market

Based on the regions, the global dust control systems and suppression chemicals market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2021, Asia Pacific accounted for the highest market share of  47.9% in the global dust control systems and suppression chemicals market and was anticipated to maintain its dominance throughout the forecast period. In Asia-Pacific, China is the major economy in terms of GDP.

Due to the outbreak of COVID-19 in 2020, China's construction industry remained stable, in stark contrast to the slowing of other traditional industries in the country. Construction work came to a halt across the country by the end of March, but 90 percent of 11,000 key projects were restarted, according to NDRC reports (National Development and Reform Commission). Also, according to the National Development and Reform Commission, the Chinese government approved 26 infrastructure projects in 2019, worth an estimated USD 142 billion, that are expected to be completed by 2023 and are currently underway. The country's public and private residential construction is likely to be driven by rising housing demand. The rise in tall buildings and hotels is fueling this trend.

This research report includes a study of the leading companies' product portfolios and winning strategies in the dust control systems and suppression chemicals market and their development and marketing strategies. It also includes leading companies like Chemtex Speciality Limited, Cargill, Incorporated, Shaw Almex Industries Ltd, Benetech, Inc., ADM, GelTech Solutions, Evonik Industries AG, Quaker Houghton, Borregaard, and Hexion. These market players have focused on acquisitions and expansion to gain a larger market share in the dust control systems and suppression chemicals market.

Browse complete report: https://www.marketstatsville.com/dust-control-systems-and-suppression-chemicals-market

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