Global Dust Extraction System Market Growth Forecast through 2018-2028 with Upcoming Trends

Posted on 2018-09-27 by Mark Hub in Industrial // 0 Comments

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This research report titled “Global Dust Extraction System Market Growth Forecast through 2018-2028” focuses on the Dust Extraction System Market, published to the vast repository managed by Fact. MR. The analysis focuses on the prime geographical regions based on their market size, revenue and attractiveness factors. Furthermore, the research discusses various segments from the Dust Extraction System Market to examine future lucrativeness and spot growth prospects during the period bet ween 2018 – 2028. Readers can even access information such as key developments, technologies, innovations, etc., concerned to the Dust Extraction System Market.

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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 Fact.MR 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.

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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.

Dust Extraction System Market: High Maintenance Cost Prevails as a Key Challenge

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.

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