Industrial Dust Collector Market Immense Development Trends Across The Globe with 4.4% By 2022-2031
Industrial Dust Collector Market Expected to Reach $12.2 Billion by 2031
PORTLAND, OR, UNITES STATES, October 24, 2023 /EINPresswire.com/ — The industrial dust collector market size was valued at $7.9 billion in 2021, and is estimated to reach $12.2 billion by 2031, growing at a CAGR of 4.4% from 2022 to 2031.
Governments and organizations are becoming increasingly aware of the risks associated with workplace exposures to dust and other particulate matter. Industrial dust collectors play a crucial role in minimizing these risks, thereby prompting a safe working environment. Moreover, government are introducing stringent regulations that require industrial facilities to maintain certain levels of air quality.
Compliance with these regulations often necessitates the installation of dust collectors. The industrial sector is expected to grow in the coming years, especially in emerging economies. As industrial manufacturing activities increase, the demand for dust collectors also increases. Industrial dust collectors help reduce equipment wear and tear maintenance costs, and downtime. In addition, some industries may require paying fines for non-compliance with environmental regulations. Installing dust collectors can help industries to avoid this expense.
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On the basis of product type, the market is segmented into dry dust collector and wet scrubber dust collector. Out of these, the dry dust collector segment accounted for the highest market share in 2021, owing to a surge in demand from various industries.
According to media type, the market is analyzed on the basis of woven and non-woven. Out of these, the non-woven segment is expected to grow with a higher CAGR, owing to its applications in different industries. Furthermore, the market is analyzed with respect to different end-user of industrial dust collector market pharmaceuticals, chemical industry, food & beverage, textile and others.
Among these, the food and beverages segment registered higher revenue in 2021, owing to increasing demand for food and beverages. The market is mainly driven by rise in chemicals industries, and rise in textile industry. However, the high capital and operational costs of industrial dust collectors constraints the industrial dust collector market growth.
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On the basis of end user, the food and beverages segment accounted for the highest revenue share in 2021, owing to geographical expansion for the chemical industries. For instance, in June 2022 Donaldson India Filtration Systems Pvt. Ltd., a wholly-owned subsidiary of Donaldson Company, Inc. which is a leading manufacturer of filtration system and replacement parts opened its new industrial facility in Pune, India. The new manufacturing facility is 50,000 square feet and this plant used for producing of industrial dust, fume and mist collector systems for South Asian market.
Top Players:
Donaldson Company, Inc., Atlas Copco Ab, Span Filtration Systems Pvt. Ltd., Daikin Industries Ltd. (American Air Filter Company, Inc.), Ceco Environmental Corp., Babcock And Wilcox Enterprises, Inc., Sumitomo Heavy Industries, Ltd., Flsmidth And Co. A/S, Thermax Limited, And Parker-Hannifin Corporation.
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Key findings of the study
• The report provides an extensive analysis of the current and emerging industrial dust collector market trends and dynamics.
• By product type, the dry dust collectors segment accounted for a higher revenue share of the market share in 2021. Furthermore, the wet scrubber dust
collectors segment is expected to grow with a higher CAGR.
• Depending on media type, the non-woven segment dominated the industrial dust collector market, in terms of revenue in 2021.
• By end user, the food and beverages segment dominated the industrial dust collector market, in terms of revenue in 2021; however, the
pharmaceuticals segment is anticipated to grow with a higher CAGR during the forecast period.
• North America dominated the industrial dust collector market share in terms of revenue in 2021, and Asia-Pacific is projected to register the highest
growth rate in the coming years.
• The key players within the industrial dust collector market are profiled in this report, and their strategies are analyzed thoroughly, which help
understand competitive outlook of the industrial dust collector industry.
David Correa
Allied Analytics LLP
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