Braj News Magazine

Fly Ash Market worth $5.7 billion- Global Forecast 2027

 Breaking News
  • No posts were found

Fly Ash Market worth $5.7 billion- Global Forecast 2027

June 29
17:11 2022
Fly Ash Market worth $5.7 billion- Global Forecast 2027
Browse 145 market data Tables and 32 Figures spread through 136 Pages and in-depth TOC on “Fly Ash Market”
Fly Ash Market by Type (Type F, Type C), Application (Portland Cement & Concrete, Bricks & Blocks, Road Construction, Agriculture), and Region (Asia Pacific, Europe, North America, Middle East & Africa, South America)

The fly ash market size is expected to grow from USD 3.4 billion in 2018 to USD 4.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period. The major driving factors for the fly ash market are the growth in the construction industry, increasing focus on infrastructure and road paving, promotion of fly ash by the governments of various countries, and increasing focus on the use of environment-friendly products.

To know about the assumptions considered for the study download the pdf brochure

The type F segment of the fly ash market is expected to grow at the highest CAGR during the forecast period.

The fly ash market has been segmented on the basis of providers into 2 categories: Class F and Class C. Among these types, type F is expected to be the fastest-growing segment in the fly ash market. The main application of Class F type fly ash is in Portland cement where it is used in mass concrete and high strength mixes. It is also suitable for concreting in summer as it moderates heat gain during concrete curing. The class F type segment is expected to grow at the highest CAGR due to the extensive use of fly ash in countries such as China, India, Japan, the US, and Germany. This is the result of the increasing focus of governments of these countries to increase consumption of fly ash for environmental reasons.

Rising demand for fly ash from the residential construction sector is expected to lead to a high growth of the Portland cement & concrete application segment.

Concrete made from fly ash is slightly lower in strength than normal cement concrete of up to 30 days, around equal in strength in 30-40 days, and higher in strength than normal cement in around a year’s time. Fly ash concrete has lesser permeability and efflorescence than normal concrete. Growth in the residential construction industry in China, India, and the US has resulted in high growth of the Portland cement & concrete application segment.

Asia Pacific is expected to be the largest fly ash market during the forecast period.

Asia Pacific is estimated to account for the largest share of the market in 2018. The Asia Pacific market includes China, India, Japan, Australia, and Indonesia. Various measures have been taken by the governments of these countries for energy conservation and dumping of fly ash into landfills and ponds, resulting in increasing use of fly ash and driving its demand in the region.

Major vendors in the fly ash market include Boral Limited (Australia), CEMEX S.A.B. de C.V. (Mexico), Lafarge North America Inc. (US), Charah Inc. (US), Separation Technologies LLC (US), Aggregate Industries (UK), FlyAshDirect (US), Salt River Materials Group (US), and Ashtech (India) Pvt. Ltd. (India).

Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=76345803

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/fly-ash-market-76345803.html

Categories