Brazil Dust Control or Suppression Chemicals Market expected to reach US$ 66.73 million by 2030

Growing Mining Industry Bolsters Brazil Dust Control or Suppression Chemicals Market Growth

According to our latest study on “Brazil Dust Control or Suppression Chemicals Market Forecast to 2030 – COVID-19 Impact and Regional Analysis – by Chemical Type and End-Use Industry”, the Brazil dust control or suppression chemicals market accounted for US$ 48.36 million in 2022 and is expected to reach US$ 66.73 million by 2030; the market is estimated to record a CAGR of 4.1% from 2022 to 2030. The report highlights key factors driving the market growth and prominent players along with their developments in the market.

Dust pollution is one of the major environmental problems and the main cause of occupational health hazards. Hence, as an effective dust control method, dust control or suppression chemicals are used in various end-use industries. Due to the use of dust control or suppression chemicals, the durability of equipment and machinery used in construction, mining, and demolition increases. Further, several manufacturing industries produce dust as a by-product of their operations, such as metal fabrication, cement manufacturing, steel production, woodworking, food processing, and textile production. The dust is generated from cutting, sanding, and shaping wood in woodworking activities, including sawmills, furniture manufacturing, and woodworking shops. Furthermore, foundries that produce metal castings generate dust from the handling and processing of molten metal, sand molds, and core materials. Thus, the increasing use of dust control products in various end-use industries is driving the Brazil dust control or suppression chemicals market growth.

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The growing mining industry in Brazil is fueling the Brazil dust control or suppression chemicals market growth. In the mining industry, dust is generated from both surface and underground mining operations during the extraction and processing of minerals. According to the World Mining Data 2022 report by the Federal Ministry of the Republic of Austria, Brazil is among the top five largest lithium-producing countries. South & Central America is a well-established mineral producer and has exploration potential in the mining sector. Government organizations and departments build mining project strategies focusing on lithium and rare earth elements, graphite, copper, and cobalt. The development potential of the mining industry in Brazil is expected to boost the demand for dust control or suppression chemicals during the forecast period. As per the Brazilian Mining Institute, IBRAM, factors such as increasing mineral sales in China, rise in prices on the international market, decrease in global mineral stocks, and increasing export earnings are driving the mining industry in Brazil. Further, Brazil is among the top producers of iron ore, manganese, bauxite, and tantalite. The country's mining sector also includes reserves of gold, kaolin, nickel, coal, and phosphates. Furthermore, Vale, a Rio de Janeiro-based mining company, is one of the largest iron ore producers and mining companies in Brazil. Thus, the prevalence of mining companies and the presence of metal and mineral mines in the country boost the demand for dust control or suppression chemicals in Brazil.

Beneficent Technology Inc., Veolia Environnement SA, Ecolab Inc., Quaker Chemical Corp, Dow Inc., BASF SE, Solenis LLC, and Borregaard ASA are among the few players operating in the Brazil dust control or suppression chemicals market. Players operating in the market focus on providing high-quality products to fulfill customer demand. Also, they focus on adopting various strategies such as new product launches, capacity expansion, partnerships, and collaborations to stay competitive in the market.

Impact of COVID-19 Pandemic on Brazil Dust Control or Suppression Chemicals Market

Before the COVID-19 pandemic, the demand for dust control or suppression chemicals in Brazil was mainly driven by mining and industrial activities, along with the increasing focus on environmental regulations and air quality. However, the pandemic adversely altered the status of the chemicals & materials sector and negatively affected the Brazil dust control or suppression chemicals market growth. The implementation of measures to combat the novel coronavirus spread has aggravated the situation and negatively impacted the growth of many industries, such as oil & gas, mining, food, construction, textile, and chemicals. Various industries were adversely affected by the sudden distortion in operational efficiencies and disruptions in the value chains attributable to the sudden closure of national and international boundaries. The COVID-19 pandemic has negatively impacted the production of dust control or suppression chemicals in different regions, negatively impacting the market for dust control or suppression chemicals in Brazil.

As several industries have resumed their operations and companies from the manufacturing industries are regaining their operations to normalcy, the demand for dust control or suppression chemicals has risen in the country. The increasing demand for dust control or suppression chemicals from various industries such as oil & gas, mining, food, construction, textile, chemicals, and glass & ceramics is driving the Brazil dust control or suppression chemicals market growth. Moreover, rising construction activities in the residential, commercial, and industrial sectors are boosting the demand for various construction materials, including dust control or suppression chemicals.

Brazil Dust Control or Suppression Chemicals Market

The report includes the segmentation of the Brazil dust control or suppression chemicals market as follows:

The Brazil dust control or suppression chemicals market is segmented on the basis of chemical type and end-use industry. Based on chemical type, the market is segmented into lignin sulfonate, calcium chloride, magnesium chloride, asphalt emulsions, oil emulsions, polymeric emulsions, and others. By end-use industry, the market is segmented into mining, construction, oil & gas, food & beverage, textile, glass & ceramics, pharmaceuticals, and others.

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