Portland,OR, Feb. 06, 2023 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global dust control systems market estimated at $14,735 million in 2021 and is projected to reach $21,164.7 million by 2031, registering a CAGR of 3.8% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.
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Report coverage & details:
Forecast Period | 2022-2031 |
Base Year | 2021 |
Market Size in 2021 | $14,735 million |
Market Size in 2031 | $21,164.7 million |
CAGR | 3.8% |
No. of Pages in Report | 234 |
Segments Covered | Type, Mobility, End User and Region |
Drivers | Increase in air pollution levels in urban areas |
Rise in awareness regarding effects of air pollution on human health | |
Rise in disposable income | |
Restraints | High capital and operating cost |
Opportunities | Technological innovations and investments in RandD activities |
Covid-19 scenario-
- The disrupted supply chain across the world gave way to decreased the production of materials used for manufacturing the dust control systems, which in turn impacted the global dust control systems market negatively, especially during the initial phase.
- However, the market is projected to grow steadily, owing to growing awareness regarding the use of effective dust control systems.
The global dust control systems market is analyzed across product type, mobility, end-user, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.
By type, the wet segment held the largest share in 2021, owing to its functionality for removing and cleaning highly hazardous dusts. However, the dry segment is expected to grow at a highest CAGR owing to launch of new type of dust control systems which are affordable and more portable.
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By mobility, the mobile segment is anticipated to dominate the dust control systems as it could be easily carried from one place to another However, the fixed segment is expected to grow at a highest CAGR as it could be able to remove larger quantity of dusts at a time and requires lesser maintenance.
By end-user, the others segment accounted for the highest share in 2021 , owing to greater use of dust control systems for removing the dusts at construction sites. However, the metal segment is expected to grow at a highest CAGR during the forecast period owing to growing effectivity of dust control systems in removing hazardous dusts which in turn is effective in removing harmful dusts at metal sites.
By region, North America held the major share in 2021 owing to growing acquisition and business expansion strategies by different companies in North America. However, the LAMEA region would showcase the fastest CAGR from 2022 to 2031.
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Key Players:
The key market players analyzed in the global dust control systems market report include Colliery Dust Control (Pty) Ltd., CW Machine Worx, Donaldson Company Inc., Dust Control Systems Limited, Dust Control Technologies, Duztech AB, Illionis Tool Workers, Nederman Holding AB, Sly Filters, Spraying Devices Inc. These market players have embraced several strategies including investments, expansion, acquisition, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance and developments by the top players.
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