Rock Duster Market Regional Analysis:
North American Market Insights
North America industry is poised to account for largest revenue share of 35% by 2035. 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 Insights
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.
