Dust extraction system has observed widespread acceptance among industrial sector, with organizations such as National Fire Protection Association (NFPA) and Occupational Safety and Health Administration (OSHA) establishing rules & regulations that enable safe and healthy work atmosphere. However, implementation of standards has created the need for dust extraction system manufacturers to frequently modify their production methods, thereby resulting in delayed delivery of finished product.
The rise in awareness about workers’ safety has triggered adoption of products such as dust extraction systems, as impure air in industrial sectors results in various health hazards including breathing problems, and irritation to eyes and skin. Leading stakeholders are focusing on application-specific product development, combined with aftersales maintenance services offerings to gain a competitive edge in the dust extraction system market.
A recent Fact.MR report foretells the dust extraction system market to record an impressive value CAGR of 6.0% over the forecast period (2018-2028). Over 5,800 thousand units of dust extraction systems are envisaged to be sold globally by 2028-end. With the surge in awareness on clean working environment, which aids workers’ efficiency and therefore an industry’s productivity, dust extraction systems have witnessed increased demand in recent years.
Rapid industrialization and globalization have further backed the imperativeness of clean & healthy workplaces, thereby paving avenues for industrial safety & protection equipment, and dust extraction system is no exception. Prominent stakeholders and distributors are therefore targeting a wide range of industries, to offer advanced and distinct dust extraction systems, to boost sales of their products and extend their market reach.
Dust Extraction System Market: Stringent Safety & Protection Regulations Complementing Growth
Adoption of dust extraction system is being propelled by regulations and standards being levied on manufacturing and processing industries. These regulations aim at protecting employees from parlous work atmosphere including poor air quality. A prime example for such impositions is the new rule implemented by the U.S. Department of Labor, which mandates employers to reduce permissible exposure limits (PEL) for construction workers’ safety.
According to OSHA, nearly 2.3 Mn workers suffer from silica particles-induced hazards every year in the U.S. alone. Federal regulators have therefore established new norms for managing industrial dust, advocating organizations to adopt appropriate dust extraction system. Imposition of such stringent norms and standards across industrial sectors will keep complementing future growth of the dust extraction system market.
Dust Extraction System Market: High Maintenance Cost Prevails as a Key Challenge
The requirement for periodic maintenance of a dust extraction system, to retain its operational efficiency and ensure its durability, prevails as a key challenge among end-users and manufacturers alike. Planning scheduled downtimes for dust extraction system’s periodic maintenance cycles has endured as an inevitable need for industrial facilities, affecting their productivity and project plans to a certain extent. It is on account of the time-intensive process of restarting production processes that makes shutting down the process impractical to begin with.
Preventive inspection and maintenance process have further been eating into manufacturers’ investments, with rules such as Machinery Directive (DIN EN 60204-1) mandating annual maintenance for the dust extraction system. Challenges entailed by the requirement for frequent maintenance regimes, coupled with their high costs will continue to impact expansion of the dust extraction system market in the upcoming years.
Dust Extraction System Market: Manufacturers Efforts toward Improving Product Efficiency to Foster Adoption & Fuel Growth
Operational efficiency of the dust extraction system rests on the quality of filters that form imperative integral components in these system. In addition, efficacy of the filters primarily relies on several process variables that include particle & gas attributes, and fabric properties. Recognizing the importance, dust extraction system manufacturers have been developing innovative filters & baghouses including electrostatic precipitators (ESP), cartridge filters, and cyclone filters.
Key vendors are also emphasizing on the provision of correct sizes, and accurate number of filters & baghouses, based on type of dust being handled and static pressure of system. This further offers end-users with enhanced efficiency in industrial dust management. Product innovation, combined with variety in terms of quality, number, size, and type of filters, continues to remain a key trend in the dust extraction system market.
Identifying versatility of the dust extraction system’s industrial applications, industrial safety & protection equipment manufacturers have highly emphasized product development in line with distinct application as a key differentiation strategy. Assimilating with dynamic demand for dust extraction system, key manufacturers are modifying specific parameters of the equipment for offering apt and more efficient solutions.
Provision of dust extraction systems, capable of operating in extreme weather conditions, in the coal & mining industry is a key example of such offerings. In line with this, parameters of the dust extraction system employed in the grain elevators & terminals vary from those used in the wood industry. Customized product offerings based on applications is likely to enable manufacturers to remain competitive in the dust extraction system market.
Fact.MR, in its new report, exerts accurate forecasts and scrutinized analysis on the dust extraction system market, and foresees the market to record a steady 5.5% volume CAGR during the period 2018 to 2028. Dust exaction system is utilized in residential, commercial, or industrial sector for improving breathable air quality with the removal of dust particles from the environment. Dust extraction system works on either of two principles, namely, collecting dust particles through suction, or suppressing dust particles by sprinkling water at the emission source.
Demand for dust extraction system is primarily underpinned by the variety of its applications across industrial sectors. Adoption of dust extraction system remains strong in the food & beverage, construction, chemical, and pharmaceuticals industry. Various organizations such as OSHA and NFPA have established regulations and rules for employer organizations to provide healthy and safe work atmosphere. It is increasing the employment of the dust extraction system among manufacturing organizations, boosting the growth of the dust extraction system market.
There are some standards that dust extraction system manufacturers must comply with, which may create the need for market players to modify their manufacturing strategies more frequently. Nevertheless, growing awareness about workers’ safety rules and standards is triggering the growth of the dust extraction system market. Also, manufacturing application-specific dust extraction system and offering aftersales maintenance services are among the leading trends that may gain immense popularity among the market players in the near future.
In-Depth Analysis on Dust Extraction System Market
The report exerts accurate forecasts on the dust extraction system market for the period between 2018 and 2028. This report is an explicit source of information, which imparts data on recent market dynamics, latest industry trends, potent markets, technology advancements & developments, and product innovation, along with an all-inclusive regional coverage on the dust extraction system market. A technology roadmap is engulfed for benefits of the report readers, helping them better understand technological advances in industrial sectors that favor well for sales of the dust extraction system.
Comprehensive intelligence has been offered on the dust extraction system market in the report, covering current and future outlook based on value & volume forecast & analysis, and price index. Valuation of demand for dust extraction system is rendered in “US$ Mn”, while volume data has been provided in “thousand units”. Y-o-Y growth comparison on the dust extraction system market, coupled with the market attractiveness study quantifies insights offered in the report.
Dust Extraction System Market: Segmentation Analysis
This report offers a scrutinized analysis on the dust extraction system market based on a segmentation analysis. The dust extraction system market is divided into 5 key segments, namely, product type, dust type, system type, end use, and region. A detailed analysis has been offered on these segments, encompassing market estimates and forecasts based on a country as well as regional level.
Segmentation analysis offered is beneficial for the report readers to understand probable opportunities as well as potential markets for dust extraction system. A taxonomy table provided in the report systematically demonstrates all the market segments. Geographically, the dust extraction system market has been branched into Middle East & Africa (MEA), Asia-Pacific excluding Japan (APEJ), Japan, Europe, Latin America, and North America.
Dust Extraction System Market: Competitive Landscape Study
In its final chapters, the report quantifies revenue shares of prominent stakeholders in the dust extraction system market, and offers in-depth overview of the competitive scenario of the market. An elaborated description has been issued on all the market participants profiled in the report, including intelligence on the basis of their company overview, product overview, key financials, and past & most recent developments.
A SWOT analysis has been offered on each market participant incorporated in the report, in combination with information on market expansion strategies including collaborations & partnerships, and new product developments made by these players. The scope of this report is impart its readers with most authentic information, and accurate insights on the dust extraction system market, for enabling them to devise better plans and take fact-based decisions for future expansion of their businesses.
Research Methodology Adopted for Developing the Report
A robust research approach is adhered by analysts at Fact.MR to evaluate key industry dynamics for offering precise & authentic market intelligence. An intrinsic blend of primary and secondary research is implemented to issue estimates as well as forecasts on the dust extraction system market. Initial phase of the research involves the secondary research, where analysts have conducted extensive information mining, referring to up-to-date & verified data resources including technical journals, government & regulatory published material, and latest independent studies that form the base for the dust extraction system market estimates.
All the market estimates & forecast propounded have further been verified by using an exhaustive primary research, where interviews have been conducted with the leading market participants as well as industry experts. Such brief primary interviews help to validate information procured, thereby aiding to gain significant industry estimations, insights, and key developments.
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