Global Dust Extraction System Market Predicted to reach 6.0% CAGR and Exhibit US$ 9,990 Mn Market Va
A recent FactMR report foretells the dust extraction system market to record an impressive value CAGR of 6.0% over the forecast period (2018-2028)
[ClickPress, Thu Sep 12 2019] Fact.MR has published a new research report on global dust extraction system market sizes, upcoming industry trends and growth opportunity through 2018-2028 to its online database that tries to unveil the various scenarios prevailing in the dust extraction system market. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the dust extraction system market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers.
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Dust extraction system has observed widespread acceptance among industrial sector, with organizations such as National Fire Protection Association (NFPA) and Occupational Safety and Health Administration (OSHA) establishing rules & regulations that enable safe and healthy work atmosphere. However, implementation of standards has created the need for dust extraction system manufacturers to frequently modify their production methods, thereby resulting in delayed delivery of finished product. The rise in awareness about workers’ safety has triggered adoption of products such as dust extraction systems, as impure air in industrial sectors results in various health hazards including breathing problems, and irritation to eyes and skin. Leading stakeholders are focusing on application-specific product development, combined with aftersales maintenance services offerings to gain a competitive edge in the dust extraction system market.
A recent FactMR report foretells the dust extraction system market to record an impressive value CAGR of 6.0% over the forecast period (2018-2028). Over 5,800 thousand units of dust extraction systems are envisaged to be sold globally by 2028-end. With the surge in awareness on clean working environment, which aids workers’ efficiency and therefore an industry’s productivity, dust extraction systems have witnessed increased demand in recent years.
Rapid industrialization and globalization have further backed the imperativeness of clean & healthy workplaces, thereby paving avenues for industrial safety & protection equipment, and dust extraction system is no exception. Prominent stakeholders and distributors are therefore targeting a wide range of industries, to offer advanced and distinct dust extraction systems, to boost sales of their products and extend their market reach. 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. The requirement for periodic maintenance of a dust extraction system, to retain its operational efficiency and ensure its durability, prevails as a key challenge among end-users and manufacturers alike. Planning scheduled downtimes for dust extraction system’s periodic maintenance cycles has endured as an inevitable need for industrial facilities, affecting their productivity and project plans to a certain extent. It is on account of the time-intensive process of restarting production processes that makes shutting down the process impractical to begin with.
Preventive inspection and maintenance process have further been eating into manufacturers’ investments, with rules such as Machinery Directive (DIN EN 60204-1) mandating annual maintenance for the dust extraction system. Challenges entailed by the requirement for frequent maintenance regimes, coupled with their high costs will continue to impact expansion of the dust extraction system market in the upcoming years. Operational efficiency of the dust extraction system rests on the quality of filters that form imperative integral components in these system. In addition, efficacy of the filters primarily relies on several process variables that include particle & gas attributes, and fabric properties. Recognizing the importance, dust extraction system manufacturers have been developing innovative filters & baghouses including electrostatic precipitators (ESP), cartridge filters, and cyclone filters.
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Key vendors are also emphasizing on the provision of correct sizes, and accurate number of filters & baghouses, based on type of dust being handled and static pressure of system. This further offers end-users with enhanced efficiency in industrial dust management. Product innovation, combined with variety in terms of quality, number, size, and type of filters, continues to remain a key trend in the dust extraction system market.
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