Global Dust Suppression Control Market to Reach Around US$ 1,600 Mn by 2026; Increase in Demand From Construction Industry to Drive Market: Transparency Market Research

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Jul 25, 2018, 05:30 ET

ALBANY, New York, July 25, 2018 /PRNewswire/ --

According to a new report published by Transparency Market Research (TMR) titled 'Dust Suppression Control Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 - 2026', the global dust suppression control market was valued more than US$ 1,150 Mn in 2017 and is anticipated to expand at a CAGR of more than 3.0% during the forecast period. Expansion in the global dust suppression control market is driven by factors such as increase in demand for these chemicals in construction and mining & refineries applications. Dust suppression control is used reduce fugitive dust emission in the building & construction industry. Dust suppression control provides better visibility and air quality at construction sites. Dust suppression control is also used in the chemical processing applications where large amount of material handling is involved. The dust suppression control market in Asia Pacific is expanding at a significant pace due to the increase in demand for these chemicals in construction applications.

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Expansion in Construction Industry to Drive Dust Suppression Control Market

Dust suppression control chemicals used at construction sites help reduce fugitive dust particles in the air. This results in better site visibility, and better health of employees and people living in surrounding areas. The global construction industry is expanding at a significant pace. This is anticipated to increase dust emissions. In turn, this is projected to drive the demand for dust suppression control chemicals such as magnesium chloride, calcium chloride, lignosulfonates, polymer emulsion, and petroleum resins in the next few years. Additionally, rapid urbanization in developing countries such as China and India is likely to drive the overall construction output in these countries in the near future. This is anticipated to boost the dust suppression control market in China and India during the forecast period.

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Increase in Demand for Dust Suppression Control in Mining & Refineries Industry

Dust at mining sites can cause serious health issues to employees working in the area as well as residents of nearby areas. Dust suppression control is extensively employed in the mining industry in surface and underground mining operations. Products that are used for dust suppression differ depending upon various site characters and soil composition and humidity. Increase in demand for metals and other minerals such as copper, coal, and coke is estimated to fuel mining activities. This is anticipated to drive the dust suppression control market.

Tar and Bitumen Emulsions to Dominate the Dust Suppression Control Market

In terms of type, the global dust suppression control market has been divided into hygroscopic salts, lignosulfonates, petroleum resins, polymer emulsions, tar and bitumen emulsion, and others. The tar and bitumen emulsion segment is anticipated to dominate the market due to its strong binding properties. This results in reduced fugitive dust emissions. The polymer emulsions segment is anticipated to expand at a significant pace from 2018 to 2026.

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Rise in Usage of Dust Suppression Control in Developing Economies to Create Opportunities

In terms of region, the global dust suppression control market has been divided into Asia Pacific, Europe, North America, Middle East & Africa, and Latin America. Rapid urbanization in emerging countries such as China, India, and Mexico is boosting the demand for new construction in these countries. This is driving the demand for concrete admixtures in these countries. In turn, this is propelling the global dust suppression control market.

Few Key Players Operate in Semi-consolidated Dust Suppression Control Market

Key players covered in this report include DowDuPont Inc., BASF SE, Borregaard ASA, Archer Daniels Midland Company, Huntsman Corporation, Quaker Chemical Corporation, Accéntuate Ltd., Benetech Inc., Cargill, Incorporated., Reynolds Soil Technologies Pty Ltd, APPLIED CONVEYOR TECHNOLOGY, INC., Global Road Technology International Limited, Sami Bitumen Technologies, and SUEZ North America Inc. DowDuPont Inc., BASF SE, and Borregaard ASA are active players in the dust suppression control market. These companies operate across the globe. This helps them establish control over the complete value chain and sustain their leading position in the market.

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The global dust suppression control market has been segmented as follows:

Global Dust Suppression Control Market, by Product

Dry Type Dust Control
Wet Type Dust Control

Global Dust Suppression Control Market, by Type

Hygroscopic Salts
Lignosulfonates
Petroleum Resins
Polymer Emulsions
Tar and Bitumen Emulsion Products
Others

Global Dust Suppression Control Market, by Application

Mining & Refineries
Construction
Power Plants
Chemicals Processing
Metal Extraction
Industrial Materials and Rock Production
Others

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