Industrial Dust Collector Market Revenue Growth, Key Factors, Major Companies, Forecast To 2030
Industrial Dust Collector Market Overview:
According to Market Research Future (MRFR), the Global Industrial Dust Collector Market is anticipated to grow at 5% CAGR and a significant value of USD 14 billion between 2022 to 2030 during the forecast period (2022 – 2030). The emergence of various technologies supporting to maintain clean environment boosts the growth of the market.
The global industrial dust collector market is growing at a rapid pace. The market growth attributes to the increased industrial manufacturing and infrastructure development due to economic activity growth across the globe. Dust collectors help in eradicating industrial contaminants. Besides, rising mining activities and coal capacities, especially in the APAC region, drive the growth of the market. Moreover, the increasing demand for reliable power supply escalates the growth of the market.
Spurting growth in industries such as pharmaceutical, chemical, power, food & beverage, textile, construction, and others accelerate the market demand hugely. Especially in the pharmaceutical industry, industrial dust collecting technologies are mandatory.
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Additionally, large production textile looms in developing countries led by the burgeoning fashion industry increase market sales. Furthermore, the increased adoption of dust collectors in the food & beverage industry due to rising health concerns and changing consumer preferences augmenting the demand for packaged food increase market size. Also, the need to maintain a high level of quality control in the industry premises propels the growth of the market.
Simultaneously, the ever-increasing population and urbanization worldwide enhance market growth, creating the demand for clean air. Undoubtedly, the improving global economy plays a vital role in the development of the market. Conversely, price volatility, and the demand-supply gap in raw materials required for the production of components and bag & media types are the major factors impeding the market growth.
Nevertheless, increasing uptake of dust collector systems in O&G industries to protect workers from dust reclamation and cross-contamination would support the market growth throughout the assessment period.
Industrial Dust Collector Market – Segmentations
The report is segmented into five dynamics;
By Component: Blower, Dust Filter, Filter Cleaning, and others.
By Bag Type: Woven, Non-Woven, Pleated Bags, and others.
By Media Type: Woven and Non-Woven.
By End-User: Pharmaceutical, Chemical, Power, Food & Beverage, Textile, Construction, and other industries.
By Regions: Europe, North America, APAC, and Rest-of-the-World.
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Global Industrial Dust Collector Market – Geographical Analysis
North America dominates the global Industrial Dust Collector industry. The largest market share attributes to the increase in government regulation for emission control. Besides, the Clean Air Act regulated by EPA against hazardous air pollutants (HAP) emitted from the industries drives the growth of the regional market.
Also, Maximum Achievable Control Technology (MACT) standards influence the market growth in the region, regulating the emission levels by controlling & limiting the air pollution sources. These regulations boost the demand for dust collectors, increasing the use of industrial dust collector systems. Moreover, various technologies developed to support industrial toxic air emission control standards substantiate regional market growth.
Europe stands second in the global industrial dust collector market. The market is driven by various organizations that deal with developing technologies to limit dust emissions. AECC, an international association of European companies engaged in developing filter-based technologies to reduce the emission, positively impact the market growth in the regional market.
Emerging filter-based technologies, including various woven and non-woven filter media, would increase the market size, reducing emissions to the environment. Additionally, the rising demand for the dust collectors mining industry boosts the growth of the market in this region. The European industrial dust collector market is projected to create a substantial revenue pocket during the estimated period.
The Asia Pacific industrial dust collector machine market is growing at a rapid pace. Factors such as the increase in industrialization and rising applications of woven and non-woven filter media foster the regional market growth. The region is blessed with the ample availability of natural resources, raw materials, and workforce. Also, the cost-competitive production methods of components, bag types, media types foster the growth of the regional market exponentially.
Besides, the growing economy in emerging countries such as India and China drives industrial dust collector market growth due to the increasing mining activities. APAC countries such as Taiwan, South Korea, and India strengthen the market in the region, holding considerable market shares. The APAC industrial dust collector market is expected to grow at a significant CAGR during the assessment period.
Global Industrial Dust Collector Market – Competitive Landscape
Highly competitive, the global industrial dust collector market appears fragmented due to the presence of several notable players. To gain a larger competitive share, industry players incorporate strategic initiatives such as mergers & acquisitions, collaboration, expansion, and technology/product launch. Industrial dust collector manufacturers strive to deliver reliable, leading-edge products & services.
Major Players:
Players leading the global industrial dust collector market include HE&M Inc., Dust Collector KASTO, Cosen Saws, MetlSaw Sawing Solutions, DoAll Sawing Products, Behringer, Marvel, Amada, and Hyd-Mech, among others.
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