Global Dust Control/Suppression Chemicals Market - Segmented by Chemical Type, System Type, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)
The global dust control/suppression chemicals market is expected grow at a significant rate during the forecast period, majorly driven by the growth in construction and infrastructure in Asia-Pacific region and increase in regulatory compliances.
Dust control/suppression chemicals are becoming popular in numerous industries, especially in mining, cement and construction industries. The efforts to reduce the amount of water to for dust control/suppression has led to the increase in the usage of these chemicals in the industries.
Growth in Construction and Infrastructure in Asia-Pacific
Dust control chemicals are becoming extremely important in the construction and infrastructure sector due to the cement and dust occurred. The rapid growth in the construction and infrastructure in the countries, like China, India, and Indonesia is likely to give boost to the dust control chemicals. In China, the airport development (New Beijing Airport), roads (30,000 km of highways with bridges build or upgrade), 30,000 km of high-speed rail covering, which is expected to cover more than 80 cities and 60% of urbanization ratio with permanent residents. In the fiscal year 2016-17, India had a total FDI investment of USD 60.08 billion, which was 8% higher than the previous year, with large investments in the real estate and infrastructure sectors. This growth in construction activities across the world is likely to contribute to the consumption of paints & coatings and adhesives, and, in turn, will lead to the demand for C9 resins.
Calcium Chloride to witness Significant Market Growth
Calcium chloride is used in dust control/suppression as it has ability to absorb water and significantly increases surface tension of water film between particles, helping to slow evaporation and further tighten compacted soil as drying progresses. These are either dissolved in a water tanker or sprayed on to the road. Calcium chloride, along with magnesium and sodium chloride are used widely in dust control/suppression in North America and European region. The growth in construction and cement industry in the Asia-Pacific region is likely to give boost to the demand for calcium chloride for dust control/suppression.
Asia-Pacific to witness the highest growth in the Dust Control Chemicals Market
Asia-Pacific region is likely to witness rapid growth in demand for dust control chemicals due to the increase in manufacturing, construction, pharmaceutical and food processing industries. The Chinese construction industry is dominated by state-owned and private enterprises, increased government and private spending in this regard is pushing the industry to the peak position in the world. There have been investments of CHY 823.8 billion and CHY 801.5 billion in Chinese rail infrastructure in 2015 and 2016, respectively. Moreover, under the 13th five year plan (2016-2020), the government is planning for infrastructure development of 30,000 km of railway lines and 30,000 kms of expressways. In India, he government has announced a target of USD 376.5 billion investment in infrastructure over a period of three years, including USD 120.5 billion for developing 27 industrial clusters, and USD 75.3 billion for road, railway and port connectivity projects. India is also the second largest manufacturer of biscuits after United States. The bakery industry is expected to grow at 18-20% in the next five years, with proliferation of brands, such as Bauli. This growth in numerous industries will contribute to the demand for dust control chemicals in the region.
Major Players: Archer Daniels Midland Company, Cargill, Incorporated, Huntsman International LLC, SUEZ, Hexion, DowDuPont Inc., and Chemtex Speciality Limited, among others.
Reason to Purchase this Report
To understand the impact of various end-user industries on the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To understand the dominating chemical type in the market
Countries expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in excel)
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