Dust Control Systems Market Worth $20.3 Billion by 2025 | CAGR: 4.2%: Grand View Research, Inc.
09 Dec, 2019, 08:35 GMT
SAN FRANCISCO, Dec. 9, 2019 /PRNewswire/ -- 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.
Key suggestions from the report:
- The wet product segment accounted for the largest share in the global dust control systems market in 2018 and the segment is also projected to register the highest CAGR of 4.3% from 2019 to 2025. The segment is sub-segmented into wet electrostatic precipitators and wet scrubbers.
- The construction segment was valued at USD 3.1 billion in 2018 and is likely to witness growth over the forecast period owing to increasing penetration of the systems in construction activities in developing economies such as China, India, and Brazil.
- Asia Pacific emerged as the leading regional market and accounted for a share of 37.1% in the overall market in 2018 owing to growing construction and mining activities in China and India.
- Europe accounted for the second-largest revenue share in 2018 owing to technological developments and stringent government regulations pertaining to reducing air pollution.
- Advanced research and development operations of market participants have led to extremely innovative designs, which have optimized product adoption across the globe.
Read 100 page research report with ToC on "Dust Control Systems Market Size, Share & Trends Analysis Report By Product Type (Dry, Wet), By End Use (Construction, Mining, Oil & Gas, Chemical, Pharmaceutical), By Region, And Segment Forecasts, 2019 - 2025'' at: https://www.grandviewresearch.com/industry-analysis/dust-control-systems-market
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.
Grand View Research has segmented the global dust control systems market on the basis of product, end use, and region:
- Dust Control Systems Product Outlook (Revenue, USD Million, 2014 - 2025)
- Wet
- Wet scrubbers
- Wet electrostatic precipitators (WEPS)
- Dry
- Bag Dust Collectors
- Cyclone Dust Collectors
- Electrostatic Dust Collectors
- Vacuum Dust Collectors
- Others
- Dust Control Systems End-use Outlook (Revenue, USD Million, 2014 - 2025)
- Construction
- Mining
- Oil & gas
- Chemical
- Food & beverage
- Pharmaceutical
- Others
- Dust Control Systems Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- U.K.
- Asia Pacific
- China
- Japan
- India
- Australia
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- United Arab Emirates
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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