At 4.0% CAGR, Europe Dust Control or Suppression Chemicals Market is Projected to be Worth US$ 272.19 Million by 2030, says Business Market Insights

According to Business Market Insights' research, the Europe dust control or suppression chemicals market was valued at US$ 198.27 million in 2022 and is expected to reach US$ 272.19 million by 2030, registering a CAGR of 4.0% from 2022 to 2030. Strong growth in food processing industry and research related to bio-based dust suppression agents are among the critical factors attributed to the Europe dust control or suppression chemicals market expansion.

The EU food & beverage industry is one of the biggest manufacturing sectors in the EU, employing 4.6 million people and generating a turnover of ~US$ 1.20 trillion, according to Data & Trends 2022. Further, with 294,000 businesses, the food processing sector in Europe is highly developed, accounting for 15.2% of the total European industry and producing US$ 1,200 billion in revenue. Dust control or suppression is a significant aspect of food processing from both food safety and employee health perspective. The presence of dust in the processing environment can cause sanitation concerns, microbial contamination, health issues, and other hazards. Food processors also adhere to regulations for controlling food processing dust by several government and international authorities. Thus, strong presence of food processing industry is projected to create lucrative opportunities for the dust control or suppression chemicals market.

On the contrary, availability of alternatives hurdles the growth of Europe dust control or suppression chemicals market.

Based on chemical type, the Europe dust control or suppression chemicals market is categorized into lignin sulfonate, calcium chloride, magnesium chloride, asphalt emulsions, oil emulsions, polymeric emulsions, and others. The calcium chloride segment held 40.5% share of Europe dust control or suppression chemicals market in 2022, amassing US$ 80.34 million. It is projected to garner US$ 111.73 million by 2030 to expand at 4.2% CAGR during 2022-2030.

In terms of end-use industry, the Europe dust control or suppression chemicals market is segmented into mining, construction, oil and gas, food and beverage, textile, glass and ceramics, pharmaceuticals, and others. The mining segment held 30.1% share of Europe dust control or suppression chemicals market in 2022, amassing US$ 59.64 million. It is projected to garner US$ 83.58 million by 2030 to expand at 4.3% CAGR during 2022-2030.

Based on country, the Europe dust control or suppression chemicals market has been categorized into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Our regional analysis states that Russia captured 39.6% share of Europe dust control or suppression chemicals market in 2022. It was assessed at US$ 78.55 million in 2022 and is likely to hit US$ 112.58 million by 2030, exhibiting a CAGR of 4.6% during 2022-2030.

Key players operating in the Europe dust control or suppression chemicals market are Benetech Inc, Veolia Environnement SA, Ecolab Inc, Quaker Chemical Corp, Dow Inc, BASF SE, Solenis LLC, and Borregaard ASA, among others.

• In July 2023, Solenis LLC acquired Diversey Holdings Ltd. Solenis expanded to a global corporation with 71 manufacturing facilities and over 15,000 people after the acquisition. Solenis is now a more diversified firm with much enhanced scale, a broader worldwide reach, and the capacity to offer a 'one-stop shop' suite of solutions that match client demand while also addressing global water management, cleaning, and hygiene challenges.
  
  
  
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