Technavio, a tech-focused market research firm, has published a new report on the global dust suppression systems market, which is expected to grow at a CAGR of around 4% during the forecast period, 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global dust suppression systems market into the following key regions: the Americas, APAC, and EMEA.
Source: Technavio
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Top three contributors for the global dust suppression systems market are elaborated below
Dust suppression systems market in the Americas: The growth of the dust suppression systems market in the Americas is attributable to the steady demand from industries and construction activities, particularly in North America. North America is projected to account for the largest share of the dust suppression systems in this region during the forecast period.
According to Sayani Roy, a lead analyst at Technavio, specializing in research on power, “The construction industry in the US is the main driver of market growth in the region. During 2015-2018, the residential construction segment in the country is expected to grow at a rate of 15%-20%.”
Dust suppression systems market in EMEA: The growth of the dust suppression systems market in EMEA is likely to be driven primarily by economies such as Eastern Europe, Africa, and the Middle East. Improving economic conditions and the subsequent rise in disposable incomes among consumers in the region is expected to foster growth of the market in this region during the forecast period.
Dust suppression systems market in APAC: APAC is anticipated to be the fastest-growing geographical segment of the global dust suppression systems market. The key factors contributing to the growth will be rapid urbanization in countries such as India and China. The growth in infrastructural, construction, and manufacturing activities are factors that will foster market growth in the coming years.
The leading vendors operating in the global dust suppression systems market are:
- GRT
- Quaker
- Donaldson
- Nederman
Other prominent vendors in the market include Beltran Technologies, Camfil, Envirosystems, Colliery Dust Control, New Waste Concepts, Sly Filters, and United Air Specialists (UAS).
A more detailed analysis is available in the Technavio report titled, ‘Global Dust Suppression Systems Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Fire Hydrant Systems Market 2017-2021
- Global Flexible Power Cables Market 2017-2021
- Global Environment Monitoring and Sensing Market 2017-2021
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