Fly Ash Market Size, Growth Strategies, Competitive Landscape, Factor Analysis, 2019–2030

Fly Ash Market
Fly Ash Market

The global Fly Ash Market was valued at USD 4.68 Billion in 2020 and is expected to reach USD 7.57 billion by year 2030, at a CAGR of 6.23%. Fly Ash Market is driven by the growth of construction industry, increasing infrastructure, development of road, rules and regulations for handling fly ash and increasing focus on the use of environment-friendly products. Infrastructure Development plays major role for the growth of the fly ash market. Fly ash is also known as pulverized fuel ash which is a coal combustion by-product that is composed of the fine particles of burned fuel that are driven out from the coal-fired boilers together with the flue gases.

Population in the world is registered to grow at a rate of 1.07% per year in the year 2019-2019. Increase in population hikes the demand for the electricity. Fly Ash is a by-product of coal-fired electric generating plant. The main source of electrical energy generation is coal-fired power plants. They are accounted for about 40% of the worldwide electricity production. Portland cement, manufacture of fly ash bricks, as a soil stabilization material, as component in geopolymers, roller compacted concrete dams are the major applications of fly ash. Globally construction in increasing significantly, which is generating demand for the building material like cement, concrete, bricks, iron steel and etc.

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Key participants include Boral Limited, CEMEX S.A.B. de C.V, Lafarge North America Inc, Separation Technologies LLC, Charah Inc., Aggregate Industries, FlyAshDirect, Ashtech, Salt River Materials Group, Sephaku Cement Ltd, Titan America LLC

Further key findings from the report suggest

  • Type F segment dominant the fly ash market. Type F is registered with the CAGR of 6.7%. It is growing high due to the properties such as resistance to sulfate attack, Low Cost, high workability makes it popular in the market of fly ash
  • Coal-fired electricity production falls from 2013 to 2016 due to the major boom in renewable energy. It is expected that China’s coal powered generating electricity increase to 1300 GW by 2020, from 960 GW in 2016, despite official plans to limit that growth to 1100 GW
  • India has a road network of over 5,903,293 KM it is the second largest road network in the world. The national highways in India has expanded from 70,934 km in 2010-11 and reaches to 101,011 km in 2015-16
  • Population in the world is currently growing at a rate of around 1.07% per year in the year 2019-2019. Increase in population generates demand for the electricity, this helps in growth of the fly ash market

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Segments covered in the report:

For the purpose of this report, Reports and Data has segmented the Fly Ash Market on the basis of Type, End-use and region:

By Type (Revenue, USD Million; 2019–2030)

  • Type F
  • Type C

By End-Use (Revenue, USD Million; 2019–2030)

  • Bricks & Blocks
  • Portland Cement & Concrete
  • Road Construction
  • Agriculture
  • Others

The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report further explores the key business players along with their in-depth profiling, product portfolio, and strategic business decisions. The report has been formulated through extensive primary and secondary research and further validated by analysts, industry experts, and market professionals. The report also sheds light on the recent mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches, among others.

The report on the Rapid Prototyping Materials market provides critical insights into the growth in revenue along with CAGR throughout the forecast period. It also provides insights into lucrative opportunities to enable the businesses to capitalize on the emerging trends of the market. Advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis are used in the report to offer clear understanding about competitive landscape and market growth. it also offers strategic recommendations to the new and emerging players to overcome the entry-level barriers of the market during the forecast period.

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