Rock Duster Market Share

  • Report ID: 5367
  • Published Date: Nov 03, 2023
  • Report Format: PDF, PPT

Rock Duster Market Share

North American Market Forecast

The rock duster market in North America is anticipated to hold the largest share of 35% by the end of 2036. The demand for rock dusters is anticipated to come mainly from high-mining production areas in the nation. Coal is the maximum mined mineral around the world. The region is the largest producer of coal thus sales of rock dusters in the region will be prominent. The region holds a significant share of 6.9% of coal production. Also, the mining activities in the region are growing which is also driving the growth of the market. Additionally, the expansion of mining operations to supply the rising metal demand in several end-use industries, including construction, automotive, and industrial equipment, among others, is predicted to fuel rock duster market expansion.

European Market Statistics

The rock duster market in the European region is anticipated to hold a share of 27% during the forecast timeframe. Europe is expected to emerge as the world's fastest-growing rock duster primarily driven by demand for safety equipment in the mining sector. The demand for rock dusters has increased as they are an essential security measure to prevent coal dust explosions due to the increasing emphasis on safety in mining operations. In comparison to last year, coal consumption in the EU increased by 2% and amounted to 6.48 exajoules in 2022, up from 6.34 exajoules. Increasing energy consumption has given rise to mining activities and, consequently, the demand for a rock duster is expected to grow to achieve optimal operation and safety.

Research Nester
Rock Duster Market Size
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:

Author Credits:  Dhruv Bhatia

  • Report ID: 5367
  • Published Date: Nov 03, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing awareness regarding carbon emissions, increasing use in mining, and increasing demand for advanced technologies are some of the factors driving the growth of the market.

The market size of rock dusters is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2024-2036.

The major players in the market are Zijin Mining Group, Rio Tinto Group, Anglo American Plc, BHP Group Limited, Glencore plc, Nittetsu Mining Co., Ltd., Sumitomo Metal Mining, DeCurret Inc., Iwatani Corporation, International Petroleum Exploration Corporation (INPEX) and others.

The hydraulic segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Inquiry Before Buying Request Free Sample

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying