Global Fly Ash Market- Forecasts Predict Market Set to Reach US$ 13,502.7 Mn by 2027 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 14, 2019--
The “Fly Ash Market to 2027 - Global Analysis and Forecasts by Type; Application” report has been added to ResearchAndMarkets.com’s offering.
The Global Fly Ash market was valued at US$ 6,863.5 Mn in 2018 and is expected to grow at a CAGR of 7.9% during the forecast period 2019 - 2027, to reach US$ 13,502.7 Mn by 2027. The Fly Ash market is mainly driven by factors such as a significant shift of the consumers towards greener construction material substitutes and increasing infrastructure development in developed and developing countries. Increasing government initiatives towards utilization of industrial by-products further bolster the demand for the fly ash market.
The global fly ash market by the type has been segmented into type C, and type F. Type F is the most widely used type of fly ash due to the easy availability and wide application in Portland cement & concrete, and bricks & blocks. When used as a Portland cement replacement, the class F fly ash shows increased resistance to sulfate attack, increased late compressive strengths, after approximately 28 days, increased resistance to alkali-silica reaction (ASR), and increased pore refinement, as compared to unmodified Portland cement. Some of the prominent players offering type F fly ash include Sefa, Salt River Materials Group, and Ashtech (India) Pvt. Ltd., among others.
Based on application, the fly ash market is bifurcated into, Portland cement & concrete, bricks & blocks, road & embankment construction, agriculture, and others. Fly ash used in Portland cement concrete (PCC) has numerous advantages and enhances concrete performance in both the fresh and hardened state. Fly ash use in concrete progresses the workability of plastic concrete and the strength and toughness of hardened concrete. It is cost-effective, and the addition of fly ash to concrete reduces the amount of Portland cement. Thus, owing to its various advantages, fly ash is preferred in Portland cement & concrete application.
A key trend which is projected to affect the fly ash market in the coming year is the rising use of fly ash in agriculture. Fly Ash is a coal combustion by-product produced in the thermal power plants. The disposal of the high amount of fly ash from thermal power plants absorbs a high amount of energy, water, and land area. Therefore, fly-ash management is a critical issue faced by different countries. However, recent studies have proposed that fly ash can be applied in the agriculture sector as a soil ameliorate. Fly ash may improve physical, chemical and biological properties of the degraded soils and is also a source of readily available plant micronutrients and macronutrients. Fly-ash has potential in agriculture application due to its efficacy in the modification of soil health and crop performance. The high concentration of elements such as Ca, Mg, K, Na, Zn, and Fe in fly ash increases the yield of many agricultural crops. These factors are expected to gain traction in the coming times having a significant impact of the fly ash market.
Some of the players present in fly ash market are Ashtech India Pvt Ltd, Boral Limited, CEMEX, S.A.B. de C.V, Hi-Tech Fly Ash (India) Private Limited, LafargeHolcim Ltd., Salt River Materials Group, Sephaku Cement, Tarmac, The SEFA Group, Titan America LLC, Charah Solutions, Inc., and FlyAshDirect among others.
Key Topics Covered:
2. Key Takeaways
3. Research Methodology
4. Fly Ash Market Landscape
5. Fly Ash Market - Key Industry Dynamics
6. Fly Ash - Global Market Analysis
7. Global Fly Ash Market Analysis - By Type
8. Global Fly Ash Market Analysis - By Application
9. Fly Ash Market - Geographical Analysis
10. Industry Landscape
11. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/xh2jkg
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PUB: 10/14/2019 04:11 AM/DISC: 10/14/2019 04:11 AM