Industrial Dust Collector Market Growth, Shares, Future Trends and Key Countries by 2028
The global industrial dust collector market experienced robust growth in 2020 and is expected to maintain a steady revenue Compound Annual Growth Rate (CAGR) over the forecast period. This is primarily due to the rapid industrial development, urbanization, and the high demand for industrial dust collectors. The increasing concerns about air pollution and strict government regulations for dust control are also driving the market's growth. Industrial dust collectors are used to reduce and control harmful fumes and particulate matter released during the manufacturing process to improve and maintain air quality. The market is segmented by type, mechanism, and end-use, and baghouse dust collectors are expected to have steady revenue growth between 2021 and 2028. The pharmaceutical industry is expected to account for the largest revenue share due to increasing production in pharmaceutical companies and the adoption of various industrial dust collector systems. The Asia Pacific region is expected to account for the largest revenue share due to stringent government regulations, the presence of key players, increasing building and construction activities, and rapid industrialization. However, the high cost associated with maintaining industrial dust collectors and the preference for other air filtration techniques are expected to impede market growth. The leading players operating in the global industrial dust collector market are adopting various strategies such as mergers and acquisitions, partnerships, and new product launches to enhance their product base and strengthen market position.
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Industrial Dust Collector Market: Drive factors
The global industrial dust collector market is being driven by several factors, including the need for workplace and environmental safety standards in factories, warehouses, commercial settings, and plants. Industrial dust collectors are used to reduce and control harmful fumes and particulate matter released during the production and manufacturing process by filtration and purification, and improve and maintain air quality.
The increasing health concerns due to excess air pollution and stringent regulations imposed by governments for dust control are also driving market growth. Industrial dust collector systems help in lowering adverse health risks such as airborne allergies, asthma, and chronic obstructive pulmonary diseases caused by dust particles or smoke released from factories.