Fintech PR
Dust Suppression Control Market to Reach $14.6 Billion, Globally, by 2032 at 4.7% CAGR: Allied Market Research
The global dust suppression control market growth is attributed to the change in rules around safe dust levels in mining and quarry environments, the focus on suppressing dust in construction sites, and use of dust control measures in other industry verticals.
PORTLAND, Ore., Oct. 18, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Dust Suppression Control Market by Chemical (Lignin Sulfonate, Calcium Chloride, Magnesium Chloride, Polymeric Emulsions, Others), By End-Use Industry (Mining, Road Construction, Airports and Military, Oil and Gas, Power and Steel, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032.” According to the report the global dust suppression control industry was valued at $9.2 billion in 2022 and is estimated to reach $14.6 billion by 2032, exhibiting a CAGR of 4.7% from 2023 to 2032.
Dust suppression control is a set of techniques and systems used to reduce or prevent the production and distribution of dust in various industrial and environmental surroundings. Techniques, equipment, and chemicals are used to mitigate the harmful effects of dust, including health risks, environmental pollution, and equipment damage.
Most dust suppression control systems include a combination of prevention and active suppression techniques. Preventive techniques may include proper equipment design and maintenance, dust control plans, and the use of dust-resistant materials. Active suppression techniques typically involve the use of specialized equipment, including dust collectors, fogging systems, sprayers, etc., to capture or reduce the amount of dust in the environment or at the source.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/15385
Prime Determinants of Growth:
The global dust suppression control market growth is attributed to the change in rules around safe dust levels in mining and quarry environments, the focus on suppressing dust in construction sites, and the use of dust control measures in other industry verticals. However, lack of awareness and competition with alternative solutions restrict market growth. Moreover, an increase in awareness of the chemical-based dust suppressants on the environment presents new opportunities in the coming years.
Report Coverage & Details:
Report Coverage |
Details |
Forecast Period |
2022–2032 |
Base Year |
2023 |
Market Size in 2022 |
$9.2 Billion |
Market Size in 2032 |
$14.6 Billion |
CAGR |
4.7 % |
No. of Pages in Report |
309 |
Segments Covered |
Chemical, End-Use Industry, and Region |
Drivers |
Change in rules around safe dust levels in mining and quarry environments |
Focus on suppressing dust in construction sites |
|
Use of dust control measures in other industry verticals |
|
Restraints |
Lack of product awareness leads to a rise in preference for water as a dust suppression agent |
Competition with alternative solutions |
|
Opportunities |
Awareness regarding chemical-based dust suppressants as well as the environment |
Impact Scenario:
The Russia–Ukraine war had significant consequences for various sectors, including the dust suppression control market.
- The Russia–Ukraine conflict had a significant impact on the dust suppression control market, particularly in the region and neighboring areas.
- Reduced industrial activities in the affected regions could result in a decrease in demand for dust suppression products and services.
- Furthermore, the conflict causes companies to reassess their business strategies, potentially shifting market dynamics and competition.
- An economic recession also has various impacts on the dust suppression control market.
- During an economic crisis, the dust suppression control market experienced significant impacts due to reduced industrial activities and financial constraints.
- As businesses face financial challenges and uncertainty, investment decisions are deferred or scaled back, leading to a decline in demand for dust suppression control solutions.
- Industries affected by the economic downturn had prioritized cost-cutting measures over environmental initiatives, including dust control.
- In addition, the scarcity of resources and restricted cash flow limited companies’ ability to invest in new dust suppression technologies or upgrade existing systems.
- Moreover, the decline in construction and infrastructure projects during an economic crisis dampened the market growth, as these sectors are significant consumers of dust suppression control measures.
- However, the situation has returned to normalcy, and the market is growing steadily.
The polymeric emulsions segment to maintain its leadership status throughout the forecast period-
Based on chemical, the polymeric emulsions segment held the highest market share in 2022, accounting for two-fifths of the global dust suppression control market revenue and is estimated to maintain its leadership status throughout the forecast period. The rapid demand for polymeric emulsions in the road construction industry, and the increase in the investment of the Indian government towards the development of transportation infrastructure led to the development of the market. However, the magnesium chloride segment is projected to manifest the fastest CAGR of 5.3% from 2023 to 2032, as this type of dust suppression control chemical is utilized in various applications.
Procure Complete Report (309 Pages PDF with Insights, Charts, Tables, and Figures) @ https://bit.ly/3rR0qzR
The road construction segment to maintain its lead position during the forecast period-
Based on end-use industry, the road construction segment held the highest market share in 2022, accounting for nearly one-third of the global dust suppression control market revenue and is expected to maintain its lead position during the forecast period. The same segment is projected to manifest the fastest CAGR of 5.2% from 2023 to 2032. owing to an increase in the development of transportation infrastructure across developing countries such as India, and China that have led to a significant positive impact on the market.
Asia-Pacific to maintain its dominance by 2032-
Based on region, Asia-Pacific held the highest market share in 2022, contributing to more than two-fifths of the global dust suppression control market revenue, and is expected to dominate the market during the forecast period. The same region is expected to witness the fastest CAGR of 5.4% from 2023 to 2032. The Asia-Pacific region presents significant growth potential in the dust suppression control market. Emerging markets, such as India, China, and Southeast Asian countries, have witnessed rapid industrial growth and urbanization, leading to increased demand for dust suppression control products. The increase in investment toward transportation infrastructure is a factor that is anticipated to offer new growth opportunities for dust suppression control in Asia-Pacific during the forecast period.
Leading Market Players: –
- Borregaard ASA
- Cargill, Incorporated
- Colas Group
- Ecolab Inc.
- Global Road Technology International Holdings (HK) Limited
- Reynolds Soil Technologies Pty Ltd.
- Solvay
- Suez
- Tetra Technologies, Inc.
- Benetech, Inc.
- Den Bakker Dustcrusting Technology B.V.
- BMA Ambiental
- Solenis
- SNF
The report provides a detailed analysis of these key players in the global dust suppression control market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to highlight the competitive scenario.
Want to Access the Statistical Data and Graphs, Key Players’ Strategies: https://www.alliedmarketresearch.com/dust-suppression-control-market/purchase-options
Similar Reports:
Rodent Control Market: Global Opportunity Analysis and Industry Forecast, 2020-2027
Recycled Asphalt Market: Global Opportunity Analysis and Industry Forecast, 2020-2027
Dolomite Mining Market: Global Opportunity Analysis and Industry Forecast, 2021-2031
Lithium Chloride Market: Global Opportunity Analysis and Industry Forecast, 2021-2031
Polymer Emulsions Market: Global Opportunity Analysis and Industry Forecast, 2023-2032
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int’l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
[email protected]
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Blog: https://www.newsguards.com/
Follow Us on | Facebook | LinkedIn | YouTube |
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/dust-suppression-control-market-to-reach-14-6-billion-globally-by-2032-at-4-7-cagr-allied-market-research-301960293.html
Fintech PR
China’s AIMA brand electric motorbike is now in Bangladesh
DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now.
In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.
Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.
AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.
Photo – https://mma.prnewswire.com/media/2557788/image.jpg
Photo – https://mma.prnewswire.com/media/2565550/Image2.jpg
Logo – https://mma.prnewswire.com/media/2449955/5026987/AIMA_Technology_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/chinas-aima-brand-electric-motorbike-is-now-in-bangladesh-302314773.html
Fintech PR
China Telecom Gulf Officially Launches in Saudi Arabia for Business
HONG KONG, Nov. 23, 2024 /PRNewswire/ — On November 21, China Telecom Gulf was officially launched in Riyadh. This milestone marks a significant step in China Telecom’s efforts to provide deep services under the “Belt and Road Initiative” and to promote the building of a “China-Arab Community with a Shared Future.” It signifies another solid advancement on China Telecom’s path toward internationalization. Mr. Liu Guiqing, Executive Director and EVP of China Telecom Corporation, delivered an opening speech, along with Mr. Fawaz, Representative of Contact Office of Chinese Companies in the KSA, Deputy General Manager of Industrial and Commercial Bank of China Riyadh Branch. Over 100 guests and leaders from the Economic and Commercial Office of Embassy of the PRC of the KSA, Saudi Telecom Company (STC), Bank of China, Huawei, and others attended to witness this momentous occasion.
In his address, Mr. Liu Guiqing emphasized China Telecom’s commitment to openness, cooperation, and mutual benefit. He expressed the company’s willingness to share its experiences in cloud-network integration, cloud transformation, intelligent operations, and technological innovation. China Telecom aims to work closely with various levels of Saudi governments, enterprises, and partners to actively participate in the development of local digital infrastructure, drive the rapid advancement of next-generation information technologies, and establish a robust bridge for cooperation between China and Saudi Arabia in the field of information technology. Leveraging its extensive resources and global operational capabilities, China Telecom plans to bring its strengths in 5G, cloud computing, artificial intelligence, and other fields to provide innovative, high-quality communication products and services to Saudi enterprises, institutions, and consumers.
Mr. Fawaz extended his warm congratulations on the opening of China Telecom Gulf. He highlighted that as a leading global provider of communication services, China Telecom possesses abundant cloud-network resources and mature international service capabilities. The establishment of China Telecom Gulf is a significant step toward supporting the digital transformation of businesses in the region. He expressed confidence that through joint efforts, the company will seize opportunities in the digital era and contribute to Saudi Arabia’s socio-economic development and practical cooperation between China and Saudi Arabia in various fields.
China Telecom showcased its global resources, business capabilities, and its investments and partnerships in the Middle East and Africa. Key services introduced included eSurfing Cloud, computing power solutions, quantum technology, and customized 5G networks. Currently, China Telecom operates branches in 42 countries and regions worldwide, owns 53 international submarine cables, and manages 27 self-operated Internet Data Centers (IDCs). Its cloud-network integrated infrastructure and customer-centric digital service systems provide coverage across the globe.
During the event, China Telecom Gulf signed strategic cooperation agreements with Saudi Telecom Company (STC), Huawei Saudi Arabia, and Baud Telecom Company. The parties committed to deep collaboration, leveraging their respective strengths to provide optimized and convenient digital experiences to Saudi customers.
The establishment of China Telecom’s presence in Saudi Arabia marks a major milestone in the company’s entry into the Middle Eastern communications market, representing a key development in its global strategy. Moving forward, China Telecom Gulf will leverage China Telecom’s robust digital infrastructure and resource integration capabilities. We will collaborate closely with local Saudi enterprises, Chinese businesses expanding internationally, and global companies to strengthen cooperation and enhance exchanges. The company aims to contribute to the growth of Sino-Saudi and Middle Eastern industrial cooperation, continuously offering more smart solutions for the development of the Middle East’s digital economy, while striving to become a world-class provider of digital and intelligent technology services.
Photo – https://mma.prnewswire.com/media/2566044/image_5024765_40051959.jpg
View original content:https://www.prnewswire.co.uk/news-releases/china-telecom-gulf-officially-launches-in-saudi-arabia-for-business-302314765.html
Fintech PR
Redefining Financial Frontiers: Nucleus Software Celebrates 30 Years with Synapse 2024 in Singapore
SINGAPORE, Nov. 23, 2024 /PRNewswire/ — The thriving India–Singapore partnership in banking and technology reached a new milestone as Nucleus Software celebrated 30 years of transformative innovation at Synapse 2024, held in Singapore. The event underscored the company’s role in redefining financial services across Southeast Asia (SEA) and the globe, bringing together leaders in finance and technology to explore a shared vision for the future of banking.
Synapse 2024 celebrated 30 years of Nucleus Software’s leadership in driving transformative change across Singapore and Southeast Asia’s financial ecosystem. The event also shone a spotlight on the Global Finance & Technology Network (GFTN), an initiative supported by the Monetary Authority of Singapore (MAS) to champion responsible technology adoption. The event highlighted the deepening synergies between India and Singapore, driven by their shared commitment to innovation, cross-border collaboration, and financial inclusion. As the financial services sector undergoes rapid evolution with advancements in artificial intelligence, blockchain, and digital banking, these partnerships are setting the stage for a more connected, resilient, and inclusive global ecosystem.
Vishnu R. Dusad, Co-founder and Managing Director of Nucleus Software, reflected on the milestone: “For over 30 years, we’ve had the privilege of aligning our journey with Singapore’s ascent as a global financial powerhouse. Back in 1994, when we chose to go East instead of West, it was a bold and emotional decision—guided by our belief in Singapore as a hub for innovation and collaboration. We saw then what remains true today: Singapore is at the heart of the global financial landscape, a place where new ideas take root, and partnerships thrive.”
The event brought together a distinguished array of participants, highlighting the transformative potential of India–Singapore collaboration. Mr. Piyush Gupta, CEO of DBS Group and the Guest of Honor, set the tone for the event with his opening remarks, emphasizing the transformative role of big tech in reimagining scalable, customer-centric financial services in the digital age.
Following his address, key speakers enriched the discussions with their insights. Mr. Sopnendu Mohanty, Chief Fintech Officer at the Monetary Authority of Singapore and Group CEO-Designate of The Global Finance & Technology Network (GFTN), underlined the importance of fostering responsible technology adoption and building inclusive financial ecosystems. Mr. Vinod Rai, globally respected public policy expert, Distinguished Visiting Research Fellow at the National University of Singapore, and former Comptroller and Auditor General of India, shared his perspectives on governance and policy frameworks in financial systems. Mr. S.M. Acharya, Chairman of Nucleus Software and former Defence Secretary of India, offered a visionary outlook on leveraging technology to modernize and secure banking frameworks. Finally, Mr. Pieter Franken, Co-founder and Director of GFTN (Japan), a global FinTech pioneer and deep tech innovator, discussed the future of decentralized finance and its implications for the financial sector.
The event showcased the transformative role of technology in global financial systems, emphasizing innovations that set benchmarks for scalability and inclusivity. Panelists discussed the importance of localized solutions, the challenges of cross-border integration, and leveraging dual business models to optimize capital and foster public participation. The dialogue highlighted the need for common standards, unified frameworks like APIs, and collaborative efforts to accelerate financial inclusion and drive global connectivity in the digital age.
For 30 years, Nucleus Software has consistently introduced advanced lending and banking solutions that support financial institutions’ evolving needs in Singapore and South East Asia. Driven by lean development methodologies like Acceptance Test-Driven Development (ATDD) and Continuous Integration/Continuous Delivery (CICD), Nucleus Software continues to push boundaries in efficient, flexible, and secure financial technology.
Photo: https://mma.prnewswire.com/media/2565374/Synapse_2024.jpg
Logo: https://mma.prnewswire.com/media/2565373/Nucleus_Software_Logo.jpg
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/redefining-financial-frontiers-nucleus-software-celebrates-30-years-with-synapse-2024-in-singapore-302314485.html
-
Fintech3 days ago
Fintech Pulse: Industry Updates, Innovations, and Strategic Moves
-
Fintech2 days ago
Fintech Pulse: Daily Industry Brief – A Dive into Today’s Emerging Trends and Innovations
-
Fintech PR4 days ago
ROLLER Releases 2025 Attractions Industry Benchmark Report, Unveiling Key Trends and Revenue Strategies
-
Fintech PR3 days ago
TAILG Represents the Industry at COP29, Advancing South-South Cooperation with Low-Carbon Solutions
-
Fintech5 days ago
Fintech Pulse: Navigating Expansion, Innovation, and Sustainability
-
Fintech4 days ago
Fintech Pulse: Milestones, Partnerships, and Transformations in Fintech
-
Fintech PR2 days ago
Alkira Ranked 25th Fastest-Growing Company in North America and 6th in the Bay Area on the 2024 Deloitte Technology Fast 500™
-
Fintech PR3 days ago
The CfC St. Moritz Announces New Speakers from BlackRock, Binance, Bpifrance, Temasek, PayPal, and More for Upcoming 2025 Conference