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.
Market Drivers:
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.
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.
Market Restraints:
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.
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.
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Report Features |
Specifics |
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Historical/Estimated/Forecasted Market Size Years |
2018-2025 |
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Base Year for Market Calculation |
2019 |
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Forecasted Period |
2020-2025 (2020 estimated year, forecasted up to 2025) |
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Measured Units |
Value (USD Million) Volume (Kiloton) |
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Segments Included |
Class, Application |
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Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa, and South America |
For the scope of report, In-depth segmentation is offered by Forencis Research
Fly Ash Market, by Class
Fly Ash Market, by Application
Fly Ash Market, by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1. Growing Construction and Infrastructure Activities
4.2.2. Low Cost and Easy Availability
4.3 Restraints
4.3.1. Disadvantages of The Use of Fly Ash
4.4 Opportunities
4.4.1. Increasing Use of Fly Ash in Agriculture
4.5 Challenges
4.5.1. Lack of Awareness About the Benefits of Using Fly Ash
4.5.2. Fly Ash Industry Is Directly Co-Related to Thermal Power Production
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 FLY ASH MARKET, BY CLASS, Market Size in USD Million and Kiloton (2019—2025)
6.1 Class F
6.2 Class C
7 FLY ASH MARKET BY APPLICATION, Market Size in USD Million and Kiloton (2019—2025)
7.1 Introduction
7.2 Cement Industry
7.2.1 Fill Material
7.2.2 Concrete
7.2.3 Portland Cement Concrete
7.2.4 Road Construction
7.2.5 Others
7.3 Agriculture
7.3.1 Soil Stabilization
7.4 Chemical Industry
7.4.1 Adsorbent
7.4.2 Wood Substitute
7.4.3 Removal of Organic & Inorganic Compounds
7.4.4 Removal of Dye
7.4.5 Others
8 FLY ASH MARKET BY REGION, Market Size in USD Million and Kiloton (2019—2025)
8.1 North America
8.1.1. US
8.1.2. Canada
8.1.3. Mexico
8.2 Europe
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. UK
8.2.5. Spain
8.2.6. The Netherlands
8.2.7. Rest of Europe
8.3 Asia-Pacific
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. South Korea
8.3.5. Taiwan
8.3.6. Rest of Asia-Pacific
8.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Rest of Middle East
8.5 South America
8.5.1. Brazil
8.5.2. Argentina
8.5.3. Rest of South America
9 COMPETITIVE LANDSCAPE
9.1 Introduction
9.2 Market Ranking/Share Analysis of Key Companies
9.3 Company Benchmarking
10 COMPANY PROFILES
10.1 Boral
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products/Solutions/Services Offered
10.1.4 Key Developments
10.1.5 SWOT Analysis
10.2 Charah Solutions, Inc.
10.3 CEMEX S.A.B. de C.V.
10.4 LafargeHolcim
10.5 Waste Management
10.6 SEFA
10.7 Aggregate Industries
10.8 Salt River Materials Group
10.9 Other Key Companies
11 APPENDIX
11.1 Key Industry Expert Insights
11.2 Primary Discussion Guide
11.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain