The chemical palliatives for dust suppression industry in the U.S. and Canada will reach a value of US$ 278.4 million by 2024. It is anticipated that the industry would grow at a 5.2% CAGR from 2024 to 2034. It is anticipated that the sector would have expanded to an astounding US$ 431.6 million by 2034.
A significant focus on environmentally friendly solutions has resulted in an increased demand for chemical palliatives for dust reduction in North America. Sustainable formulations are given priority by industries, which motivates companies to provide eco-friendly solutions that comply with strict guidelines and promote a more ecologically friendly method of dust management.
Adopting technology integration is an opportunity for companies in the chemical palliatives for dust suppression industry in the United States and Canada. Companies may improve the effectiveness of their products, satisfy changing consumer demands, and obtain a competitive advantage in the industry by implementing intelligent monitoring systems and advanced application techniques.
In 2024, the industry in the United States is projected to have a valuation of US$ 230.8 million and will attain an 82.90% industry share.
By 2024, the liquid form is predicted to account for 52.7% of the industry share.
In 2024, the industry share of water-absorbing products is projected to increase to 22.7%.
This segment is expected to develop at a 5.6% CAGR over the projected decade.
“In the United States and Canada, the growth of infrastructure combined with strict environmental rules is driving the chemical palliatives for dust suppression business. Strong construction operations require efficient solutions that meet environmentally friendly regulations are boosting the growth of this industry,” remarks a Fact.MR analyst.
Leading Players Driving Innovation in the Chemical Palliatives for Dust Suppression Industry in the U.S. and Canada
Companies and startups in the chemical palliatives for dust suppression industry in the United States and Canada are actively working and inventing. Well-established companies concentrate on developing innovative, eco-friendly products and growing their distribution networks. Innovations in biodegradable formulations, sophisticated monitoring, and tailored product offers are spearheaded by startups.
Continuous research and development is made possible by partnerships with industry stakeholders and research institutions. Both organizations provide a strong emphasis on sustainability, comply with legal requirements, and work to solve particular dust suppression issues. These efforts support the industry's vitality and competitiveness within the North American ecosystem.
Developments of the Key Players
In 2023, Hexicon AB and Glennmont Partners (Glennmont) entered into a development finance arrangement for a maximum of EUR 45 million. Hexicon plans to utilize the money raised to pay off its existing convertible loans (the Convertible Loans) early and to finance the expansion of its project pipeline. The facility will give Hexicon long-term financial flexibility and allow it to maximize value generation of its project pipeline.
In 2023, Ecolab Inc., a global leader in water, hygiene, and infection prevention that safeguards people and life-sustaining resources, stated that it has acquired Deloitte's Brand Operations Services division. With the integration of the TrueView analytics platform and the Brand Operations Services Company, EcoSure will become the global specialist in brand protection, catering to the top retail, restaurant, and hospitality brands in over 110 countries.
The U.S. and Canada Chemical Palliatives for Dust Suppression Industry News
In 2023, Borregaard partnered with Energi, a Norwegian hydropower generator, to secure a long-term power purchase agreement for 2024 to 2033. The contract covers 88 GWh annually, accounting for 10-15% of the Sarpsborg plant’s yearly energy consumption.
Benetech Inc. is a leading provider of plant performance solutions, specializing in dust management and material handling. Their Total Dust Management (TDM®) Solutions enhance dust control, material flow efficiency, and workplace safety.
Since 1983, Benetech has prioritized excellence, benefiting both customers and employees. Unlike competitors focused on selling products, Benetech delivers integrated, long-term solutions by combining advanced technologies within the TDM® toolset.
More Valuable Insights Available
Fact.MR offers an unbiased analysis of the U.S. and Canada chemical palliatives for dust suppression industry, providing historical data for 2019 to 2023 and forecast statistics from 2024 to 2034.
To understand opportunities in the U.S. and Canada chemical palliatives for dust suppression industry, the industry is segmented on the basis of Product Type (Water-absorbing Products, Organic Non Petroleum Products, Synthetic Polymer Products, Synthetic Fluids, Others), By Form (Powder and Liquid), and across seven major regions (Northeast, Southeast, Midwest, Southwest, Central Canada, Northern Territories, Atlantic Region).
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