March 11, 2019 by Steve Blade
Penetration of the dust extraction system continues to remain rigorous in mining, quarrying, and oil & gas sector – a key trend complementing steady demand from lumber, construction, and chemical industries. A new Fact.MR study envisages nearly US$ 9,990 Mn worth of dust extraction systems to be sold worldwide by 2028-end, with mining, quarrying and oil & gas accounting for over 25% of sales.
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North America and Europe continue to endure as lucrative markets for the dust extraction system, however the latter is set to grow at a slighter higher rate through 2028. The dust extraction system market in North America remains consolidated in the U.S., with authorities such as the Environment Protection Agency (EPA) levying rules apropos of emission levels of the dust extraction system that all stakeholders must comply with.
Awareness uptake apropos of clean & healthy working environment, combined with implementation of mandatory standards with regard to workers’ safety is impacting demand for dust extraction system worldwide. Regulatory bodies such as the National Fire Protection Association (NFPA), and Occupational Safety and Health Administration (OSHA), mandating use of dust extraction systems to provide a clean ambience for employees, particularly in manufacturing, processing, and construction industry, is a key growth determinant for the market.
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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.
Future growth prospects of the dust extraction system market in Europe are likely to be promising, underpinned by rapid rise in the region’s construction and waste management industries. Recognizing imperativeness of the dust extraction system in industrial applications, European manufacturers are integrating advanced technologies for offering application-specific solutions. Conformance to CE (Conformité Européene) Marking Compliance, and the ATEX Directive 2014/34/EU, by dust extraction system manufacturers in Europe will continue to influence their manufacturing strategies, thereby impacting development and sales.
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