The latest market report published by Credence Research, Inc. “Global Chemical Dust Suppressants Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Chemical Dust Suppressants Market generated revenue of around USD 2,842.91 million in 2021 and is anticipated to grow a CAGR of over 5.17% during the forecast period from 2021 to 2028 to reach around USD 4,230.79 million in 2028. While, cumulative growth opportunity presented by the global Chemical Dust Suppressants is around USD 25.62 billion during 2022 to 2028.
Global Chemical Dust Suppressants Market, 2021 – 2028 (USD Million)
Chemical Dust Suppressants, also called dust control agents or dust suppression control products, are chemicals or fluids mixed or sprayed on surfaces like construction sites, mines, roads, and stockpiles to reduce the spread of dust. They are basically used to suppress and reduce undesired dust being discharged or emitted into the air, soil, and environment to prevent pollution and disease. Based on its nature, Dry Type Dust Suppressant and Wet Type Dust Suppressant are two major types of Chemical Dust Suppressants.
Wet Dust Suppressants to Grow at Rapid Pace
Dry Type Dust Suppressant and Wet Type Dust Suppressant are some of the important types of Chemical Dust Suppressants used across different industries. However, Wet Dust Suppressants are growing in demand owing to wide acceptance from end-users. While, Dry Dust Suppressants are likely to grow at a sluggish growth rate over the forecast period.
Mining & Construction to Grow at Rapid Pace
Mining, Power Plants, Refineries, Construction, Chemical & Pharmaceuticals, Metal Extraction, Industrial Materials, Rock Production, Others are major applications of the global Chemical Dust Suppressants industry. Mining 7 construction activities are growing at a rapid pace around the world. It can be attributed to rapid growth of economies and increasing urbanization. Mining & construction sites are major points of dust creation. Hence, demand for Chemical Dust Suppressants is rising in mining as well as construction industry.
Calcium Chloride and Magnesium Chloride to Hold Largest Share
Lignin Sulfonate, Calcium Chloride, Magnesium Chloride, Asphalt Emulsions, Oil Emulsions, Polymeric Emulsions and Others are some of the major types of Chemical Dust Suppressants. Magnesium Chloride and Calcium Chloride are two leading types of Chemical Dust Suppressants used across all industries. They collectively held over 50% share in 2021.
Asia Pacific is Leading Chemical Dust Suppressants Demand
Asia Pacific is leading the Chemical Dust Suppressants industry with over 30% share in 2021. Presence of large number mining, construction and other industries in the region is mainly driving the demand for Chemical Dust Suppressants.
Major players operating in the ADM, Benetech, Inc., Borregaard, Cargill, Chemtex Speciality Limited, Ecolab, Evonik Industries AG, GelTech Solutions, Hexion, Quaker Houghton (Quaker Chemical Corporation), Shaw Almex Industries Ltd and SUEZ. Global Chemical Dust Suppressants market is characterized by the presence of large number of manufacturers across the world. Increasing production capacity in order to achieve economies of scale and growing in market share is primary focus of the industry participants.
Global Chemical Dust Suppressants Market by Nature, 2016 – 2028
- Dry Type Dust Suppressant
- Wet Type Dust Suppressant
Global Chemical Dust Suppressants Market by Type, 2016 – 2028
- Lignin Sulfonate
- Calcium Chloride
- Magnesium Chloride
- Asphalt Emulsions
- Oil Emulsions
- Polymeric Emulsions
Global Chemical Dust Suppressants Market by Application, 2016 – 2028
- Power Plants
- Chemical & Pharmaceuticals
- Metal Extraction
- Industrial Materials
- Rock Production
Global Chemical Dust Suppressants Market by Company, 2016 – 2028
- Benetech, Inc.
- Chemtex Speciality Limited
- Evonik Industries AG
- GelTech Solutions
- Quaker Houghton (Quaker Chemical Corporation)
- Shaw Almex Industries Ltd