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Key Players In The Dust Control Systems Market
The global dust control systems market is estimated to be valued at USD 15.67 Billion in 2018; it is projected to grow at a CAGR of 5.08%, and reach USD 20.08 Billion by 2023. The key players in the dust control systems market include Nederman Holding (Sweden), Donaldson Company (US), Illinois Tool Works (US), Sly Filters (UK), Spraying Systems (US), CW Machine Worx (US), Dust Control Systems (UK), Colliery Dust Control (South Africa), Duztech AB (Sweden), Dust Control Technologies (US), Savic (Belgium), Heylo (Germany), BossTek (US), EmiControls (Italy), and Beltran Technologies (US).
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Strategic acquisitions and organic expansions were the core strengths of the leading players in the dust control systems market; these strategies were adopted by the players to increase their market presence. They also helped the players diversify their businesses geographically, ...
... strengthen distribution networks, and enhance their production capacities. Market leaders such as Nederman Holding (Sweden), Donaldson Company (US), and Illinois Tool Works (US) successfully tapped the potential markets through expansions, investments, acquisitions, agreements, and joint ventures.
Nederman Holding (Sweden) is engaged in the design, installation, and engineering of various environmental technology products in the global market. The company supplies products and solutions in the environmental technology sector and mainly focuses on industrial air filters. The company provides solutions to various industries which include welding & thermal cutting, metalworking, composite machine, woodworking, vehicle services, fire & emergency stations, material handling & recycling, and process industry & energy. The company mainly focuses on strategies such as expansions and acquisitions in order to increase its footprint, globally. For instance, in 2017, Nederman acquired Neo Monitors AS (Norway), in order to decrease its operational cost, enhance its business process control, and increase efficiency. Strong global presence and well-established R&D activities are the major factors contributing to the high potential of this company in the dust control systems market.
Donaldson Company (US) is a leading company in the dust control systems market; it manufactures and sells filtration systems in the global market. The company is engaged in nanofiber technology and testing filtration systems. It manufactures its products for various end-use industries which include aerospace, agriculture, biotechnology, construction, defense, energy, food & beverage, forestry, manufacturing, marine, material handling, medical, mining, pharmaceutical, powertrain, power generation, railroad, and transportation. The company aims to increase its business in emerging as well as established markets to develop a significant global reach by adopting organic and inorganic strategies. For instance, between 2015 and 2017, the company acquired three companies in order to expand its business in international markets.
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