Fly ash is a fine powder substance which is a by-product of electric generation power plants produced by burning of pulverized coal. Fly ash contains aluminous and siliceous material that forms cement in the presence of water.
Global fly ash market was valued at USD 40 billion in 2015; the market is anticipated to reach USD 70 billion by the end of 2023 witnessing a compound annual growth rate of 7.1% over the forecast period.
Portland cement segment is expected to be the largest segment of fly ash market and is anticipated to maintain its “all time high” position over the forecast period i.e. 2016-2023.
Road construction and fire bricks segment is anticipated to be the second most attractive market in terms of compound annual growth rate. This is mainly attributed to the increasing demand of fly ash for emerging megaprojects of expressways and highways in the developing countries.
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Asia Pacific is the largest market for fly ash followed by North America owing to the wide availability of product in this region. Due to increasing construction activities and growing urbanization, the region is anticipated to show a strong growth over the forecast period. Agriculture sector accounted for more than 14% of the global fly ash market and is expected to experience steady growth in the near future due to availability of substitutes for soil stabilization.
Fly ash fills the gap between cement particles in concrete mixture this results in less usage of water which increases the durability of concrete. Fly ash concrete reduces crack problems, reduces heat of hydration and makes the infrastructure resistant to cold weather.
By application, the global fly ash market is analyzed on the following end uses:-
Others (water treatment etc.)
Global Fly Ash Market is further classified on the basis of region as follows:
North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
Western and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis
Middle East and Africa (GCC, North Africa, South Africa and Rest of Middle East and Africa)
Key extracts from the Table of Content of Fly Ash Market 2016-2023 report:
Fly Ash Market Size and Forecast, 2016-2023
Fly Ash Market CAGR for the Period 2016-2023
Fly Ash Market Y-O-Y for the Period 2016-2023
Fly Ash Market Demand & Supply Analysis
Fly Ash Market Investment Attractiveness
Fly Ash Market BPS Analysis
Fly Ash Market Dynamics – Trends, Drivers, Challenges, Opportunities
Fly Ash Market Competitive Landscape Analysis
Fly Ash Market Investment Proposition, by Geography
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