The market for dust control systems and suppression chemicals is valued at USD 12,350 million in 2020 and is expected to grow at a CAGR of more than 4% during the forecast period.
Restrictions by governments in various countries due to the spread of COVID-19 have placed difficulties on mining companies operating in affected countries. The ongoing spread and different reactions to the COVID-19 are expected to delay the ongoing mining projects. COVID-19’s impact on the mining sector may take an extended period of time. For instance, in Italy, one of the worst affected countries outside of China, the national lockdown has resulted in the delay of various ongoing mining projects in-country. Alta Zinc suspended the production of its flagship project, Orno Mine Project, in the Lombardy region of Northern Italy. Major mining companies, such as Rio Tinto and Anglo American, among others, announced to slow down the operations or close completely, due to COVID-19 related restrictions. Rio Tinto’s Oyu Olgoi project in Mongolia suspended the non-essential operations, following the Mongolian government’s restrictions. Anglo American, temporarily, is in the process of demobilizing most of the strong construction workforce at its Qullaveco copper project in Peru, owing to the Peruvian Government’s announcement of a 15-day quarantine to control the spread of COVID-19. These factors, in turn, has negatively affected the market in 2020.
Key Highlights Over the short term, the major factors driving the growth of the market studied are the growth in construction and infrastructure in Asia-Pacific and the increase in regulatory compliances.
Dust collection problems in food and pharmaceutical industry and impact of the COVID-19 pandemic on manufacturing industries are expected to hinder the growth of the market studied.
Asia-Pacific dominated the market across the globe with the largest consumption in countries such as China, India, etc.
Key Market Trends
Construction Industry to Dominate the Market
Dust control measures are applicable to any construction site, where there is a potential for air and water pollution from dust traveling across the landscape or through the air.? According to HSE statistics (UK government’s Health and Safety Executive statistics), more than 500 construction workers die from exposure to silica dust every year, worldwide. Hence, it became important to control hazardous dust emissions to be more regulated, which created a significant demand for dust control systems and suppression chemicals over the last few years.? When compared to conventional processes, dust suppression solutions offer a set of distinct advantages and lucrative benefits for construction applications, including easy application and long-life protection during extreme climatic conditions.? Currently, there are state-of-the-art dust control solutions that can solve a range of dust control problems at construction sites and on all types of roads, from major highways and freeways to haulage, industrial, and rural roads, tarmacs, hardstand areas, and water-repellent pavements.? Calcium chloride is the major chemical used in the construction industry as a dust control suppression chemical. In addition, the construction industry uses polymer emulsions for stabilizing haul and access roads.? The global population level is expected to increase by 2 billion persons in the next 30 years, from 7.7 billion in 2018 to reach 9.7 billion by 2050. This may be accompanied by rapid urbanization; hence, the need for buildings and infrastructure is expected to grow, worldwide.? Moreover, the increasing presence of foreign companies in the Asia-Pacific region has created a demand for the construction of new offices, buildings, production houses, etc., thereby, driving the growth of the construction sector in the region.?
The building and construction industries in ASEAN countries and India represent the fastest-growing markets, and they are anticipated to account for a major share in the global construction market. Countries, such as Indonesia, Singapore, Thailand, Vietnam, the Philippines, and India, in the Asia-Pacific region have been witnessing a robust growth in construction activities.
Moreover, the construction sector in North America witnessed significant growth in the past few years. According to the US Census Bureau, the construction spending in the United States increased from USD 788 billion in 2011 to USD 1,294 billion in 2018. The value of new construction put in place during 2016-2018 indicated an increase from USD 1,191.81 billion to USD 1,293.99 billion, and it is expected to reach USD 1,396.03 billion by 2022.? However, lockdown measures to contain the spread of COVID-19 have immensely affected the manufacturers and led them to cut down their production, as the pandemic has forced all construction activities to halt for several months, which, in turn, may have a negative impact on the growth of the market in the short term.? Such factors are likely to impact the market for dust control systems and suppression chemicals in the construction industry during the forecast period.?
China to Dominate the Asia-Pacific Market
In Asia-Pacific, China is the largest economy, in terms of GDP. In 2019, the country witnessed about 5.8% growth in its GDP, despite the trade disturbance, due to the trade war, with the United States.? The country was by far the worst affected nation in the first few months of 2020 with the virus outbreak originating in the country itself. All the major manufacturing industries have taken a major hit as the entire nation has gone into the self-quarantine situation to contain the virus outbreak during early period of 2020.
In 2020, China’s construction industry continued at a moderate phase owing to the outbreak of COVID-19, which marked a strong contrast to the slow-down of other traditional industries in China.
The construction work stopped all across the country, by March end; however, construction work resumed on 90% of 11,000 key projects, according to reports by National Development and Reform Commission (NDRC).
According to the National Bureau of Statistics of China, the country’s industrial output went up 4.8%, faster than 4.4% expansion in May after slump in the first quarter. Overall, in the first half of 2020 the industrial output fell by 1.3% mainly dragged down by 8.4% slump in the first quarter. This is expected to negatively affect the industrial expansion in turn effecting the industrial construction in the country in the current year.
Moreover, According to National Development and Reform Commission, the Chinese government approved 26 infrastructure projects at an estimated investment of about USD 142 billion in 2019, which are estimated to be completed by 2023 and are ongoing. The growing demand for housing is likely to drive residential construction in the country, both in the public and private sectors. The increase in the construction of tall buildings and hotels is driving the market studied.
China has been focusing on reducing the consumption of coal for the past few years, mainly due to environmental concerns and climate goals. In the first half of 2019, the country witnessed a fivefold increase in new mine approvals. This step was taken by the government in accordance with the growing coal imports of the country, due to the reduction in domestic production.
The new coal mines approved in the country are located inthe regions of Xinjiang, Inner Mongolia, Shanxi, and Shaanxi, supported by the national strategy toward consolidating the output at dedicated coal production bases. These new mines are planned for the expansion of the existing collieries. For the development and operations of such new mines, the country is expected to witness high demand for dust control systems and suppression chemicals.
Thus the growth in various end-user industries is in turn boosting the demand for dust control systems and suppression chemicals for various applications.?
The dust suppression chemicals market is partially consolidated among very few players. Cargill, Incorporated is the leader in dust suppression chemicals market across the globe followed by Ecolab, SUEZ, and Hexion. There are many local players in the market with no significant share across the world.
Some of the prominent players in the dust suppression systems market include Camfil, Donaldson Company, Inc., and BossTek, among others.
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The market dust control systems and suppression chemical is expected to grow at a CAGR of more than 4% during the forecast period. The major factors driving the growth of the market studied are the growth in construction and infrastructure in Asia-Pacific and the increase in regulatory compliances. - Dust collection problems in food...
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