According to the report, the global dust suppression control industry generated $8.5 billion in 2020, and is expected to generate $13.4 billion by 2030, manifesting a CAGR of 4.7% from 2021 to 2030.
Drivers, Restraints, and Opportunities
Strict regulations regarding safe dust levels in mining and quarry environment, strategies adopted for suppression of dust in construction sites, and increase in usage of dust control measures fuel the growth of the global dust suppression control market. However, lack of unawareness regarding products restrains the market growth. Contrarily, increase in awareness regarding chemical-based dust suppressants creates new opportunities in the coming years.
Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/15385
- Owing to lockdown restrictions during the Covid-19 pandemic, there have been disruptions in construction and mining activities. This reduced the demand for dust suppression chemicals significantly. However, the demand is projected to rise steadily post-lockdown.
- Moreover, new building and road construction projects have been put on hold. Moreover, new mineral deposit exploration and complex developments in mining have been halted due to lack of workforce and lockdown restriction. This impacted the sales of dust suppression products.
The polymeric emulsions segment to maintain its lead position during the forecast period
On the basis of chemical, the polymeric emulsions segment accounted for the highest share in 2020, contributing to around two-fifths of the global dust suppression control market, and is estimated to maintain its lead position during the forecast period. This is attributed to high demand for superior bonding and stabilization for lasting performance. However, the magnesium chloride segment is expected to manifest the highest CAGR of 5.4% from 2021 to 2030, owing to ease in availability and low cost.
Get Detailed COVID-19 Impact Analysis on the Dust Suppression Control Market @ https://www.alliedmarketresearch.com/request-for-customization/15385?reqfor=covid
The road construction segment to offer lucrative opportunities
Based on end-use industry, the road construction segment is projected to portray the highest CAGR of 5.3% from 2021 to 2030. Moreover, this segment contributed to the highest share in 2020, accounting for more than one-fourth of the global dust suppression control market, and is expected to maintain its leadership status during the forecast period. This is attributed to new road projects and maintenance of existing roads that drive the demand for dust suppressants.
Asia-Pacific, followed by North America, to maintain its dominant share by 2030
Based on region, Asia-Pacific, followed by North America, held the highest share in 2020, accounting for more than two-fifths of the global dust suppression control market, and is estimated to maintain its dominant share by 2030. Moreover, this region is expected to portray the largest CAGR of 5.5% during the forecast period. This is due to increase in construction and mining activities in countries such as India and China. The research also analyzes regions including North America, Europe, and LAMEA.
Leading Market Players
- Benetech, Inc.
- Cargill Inc.
- Ecolab Inc.
- COLAS Group
- Reynolds Soil Technologies Pty Ltd.
- Global Road Technology International Holdings
- Solvay SA
- Tetra Technologies
Interested in Procuring This Report? Visit Here:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: 1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060