Fly Ash Market by Type, by Application, by Region — Global Forecast 2019 to 2025
The Global Fly Ash Market is estimated to reach USD XX.X Billion by 2025 at a CAGR of XX.X %.
Fly ash is a fine powder that is derived from the combustion of powdered coal that is extracted from the flue gases of the boiler and collected by either mechanical or Electrostatic Precipitators (ESP). It is the unburned residue that is carried away from the burning zone in the boiler by the flue gases. Fly ash is widely used as supplementary cementitious material in the production of Portland cement concrete.
Fly Ash Market: Drivers & Restraints
Growing Construction and Infrastructure Activities
The increasing population is the major driver for the growth of construction and infrastructure activities. The construction activity in developed and developing economies, which is generating demand for fly ash which is used for the manufacturing of building materials such as concrete, cement, bricks, etc. As per the Global Construction 2030 report, by 2030 the volume of the global construction is projected to grow by 85%, wherein, China, the US, and India would account for 57% of the global growth. Furthermore, As per the Invest India report, by 2025, the construction market in India is projected to emerge as the third-largest market globally.
Thus, the growth in construction and infrastructure is likely to upsurge the market growth during the forecast period.
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Low Cost and Easy Availability
Coal is the most easily available fuel for power generation globally, and ever-increasing demand for electricity will continue to make use of coal as an easily available energy source. The fly ash is a by-product of the coal-fired power generation plant. Moreover, As per the IEA report, over the coming five years the global coal demand will remain stable, supported by the Asia Pacific market, which accounts for more than 55% consumption on the global market.
Hence, the aforementioned factors are expected to drive the global fly ash market during the forecast period.
Disadvantages of fly ash usage
Fly ash is primarily used as an admixture in concrete to replace some portion of portland cement. Using fly ash in concrete is environmental friendly as it reduces the Portland cement (a major contributor of CO2) required in concrete. Fly ash mixed concrete improves the overall cement performance but it has some disadvantages such as, slow strength gain which means a delay in construction timeframe, as it takes a long time to set the concrete in low temperatures especially in the winter season.
These are some factors that will hamper the market growth in the upcoming timespan.
Fly Ash Market: Key Segments
- Key Segments by Class: Class F and Class C
- Key Segments by Application: Cement Industry, Agriculture, Chemical Industry
- Key Regions Covered: North America, Europe, Asia-Pacific, Middle East & Africa, and South America with individual country-level analysis.
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Fly Ash Market: Report Scope
The report on the fly ash market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
List of the leading companies operating in the Fly Ash Market include:
- Boral (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Charah Solutions, Inc.
- CEMEX S.A.B. de C.V.
- Waste Management
- Aggregate Industries
- Salt River Materials Group
- Other Key Companies
Fly Ash Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Fly Ash Market, by Class
- Class F
- Class C
Fly Ash Market, by Application
- Fill Material
- Portland Cement Concrete
- Road Construction
- Soil Stabilization
- Wood Substitute
- Removal of Organic & Inorganic Compounds
- Removal of Dye
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Fly Ash Market by Region
- Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
- North America (US, Canada, Mexico)
- Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
- Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
- South America (Brazil, Argentina, Rest of South America)
Key Questions answered by the report
- What are the emerging technologies impacting the growth of the global market?
- What would be the impact of the key developments in the global market on the industry and on the market players in the upcoming future?
- What are the new applications areas of global market?
- What are the major characteristics that will affect the global market growth during the study period?
- Who are the prominent players operating the market?
- How are the major players leveraging in the existing global market conditions?
Table of Content
- RESEARCH DESIGN & SCOPE
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
- INDUSTRY TRENDS — PORTERS FIVE FORCES ANALYSIS
- FLY ASH MARKET, BY CLASS, Market Size in USD Million and Kiloton (2019–2025)
- FLY ASH MARKET BY APPLICATION, Market Size in USD Million and Kiloton (2019–2025)
- FLY ASH MARKET BY REGION, Market Size in USD Million and Kiloton (2019–2025)
- COMPETITIVE LANDSCAPE
- COMPANY PROFILES
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