DUST CONTROL SYSTEM MARKET ANALYSIS
Workers in certain industries such as mining and cement are exposed to dust and pollutants that are dangerous for human respiratory system. Thus, governments of many countries have started implementing laws and regulations to cut down the dust and harmful chemical particles in the environment. This, in turn, is expected to drive the global dust control systems market growth over the forecast period. For instance, in March 2016, the U.S. Government finalized a law to prevent workers in mining industry from overexposing themselves to harmful dust or chemicals. Furthermore, in March 2016, the U.S. Government passed a law to prevent silica dust that causes severe diseases namely lung cancer from mixing in the environment. In December 2015, the government of China passed a law to improve air quality and minimize air pollution and dust, in order to control various diseases causing due to air pollution. Key companies operating in the global dust control systems market are Global Road Technology, Beltran Technologies, Inc., Camfil, Quaker Chemical Corporation, Sly Environmental Technology Ltd, Donaldson Company, Inc., JKF Industri A/S, and Nederman Holding AB. Get Sample Copy from Here @ https://www.coherentmarketinsights.com/insight/request-sample/3307 Market Dynamics- restraints 1.tHigh capital cost and maintenance cost are expected to restrain growth of the global dust control systems market during the forecast period Dust control systems require high investment at the beginning, thus very small and mid-sized industries are reluctant to purchase these systems. Moreover, operational and maintenance cost for dust control system is high when compared to conventional systems. Compared to traditional methods of using water as a dust suppressant, new dust suppressants such as binders, foams, and surfactants are costlier by 10% to 15%. Furthermore, a skilled workforce is required for applying new type of dust suppressants, which leads to additional expenses. Thus, these factors are expected to hinder the market growth in the near future. 2.tNegligence towards standard policies in emerging economies is expected to hamper the global dust control systems market growth over the forecast period Lack of stringent regulations and standard procedure towards mitigating dust and other emissions in emerging economies such as China, India, and Brazil is expected to hinder adoption of dust control systems in the near future. According to the World Bank data, 2014, emission in China has increased by 6% as compared to the last 10 years. According to the same source, emission in India has increased by 1.6% as compared to the last 10 years. Moreover, emission in Brazil has increased by 2.18% as compared to the last 10 years. Therefore, these factors are expected to hinder the market growth over the forecast period. Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/3307 Market Opportunities 1.tGrowing demand for dust control systems from mining and construction industries Rising awareness in construction and mining industries regarding safety measures and benefits dust controllers has boosted the demand for dust control system. Miner operators are increasingly adopting dust control systems as mineworkers are exposed to dangerous fumes and dust particles. Moreover, dust control system is being adopted at construction sites, in order to prevent adverse effects of dust developed due to construction activities. Such factors are expected to offer lucrative growth opportunity for market players in the near future. 2.tTechnological advancements dust control systems are expected to pose significant business opportunities for market players Key companies in the market are focused on introducing novel features and applications in dust control systems such as sensors, remote control features, speed motor, and wireless connectivity. Such features have enhanced the performance of dust system control systems, thereby providing optimum performance. Growing innovation and research in this market is expected to pose excellent growth opportunities for market players in the near future. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Name: Mr. Raj Shah Phone: US 12067016702 / UK 4402081334027 Email: sales@coherentmarketinsights.com Visit Our Blogs: https://blog.coherentmarketinsights.com
38 views • 3 slides