Fly Ash Market Growing Popularity and Emerging Trends highlighted in new report forecast to 2027
The Global Fly Ash market is accounted to 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 account to US$ 13,502.7 Mn by 2027.
Fly ash, commonly known as pulverized fuel ash is a by-product of coal combustion, composed of the particulates driven out of coal-fired boilers combined with the flue gases. 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 governmental initiatives towards utilization of industrial by-products further bolster the demand for fly ash market.
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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 FlyAsh (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.
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.
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Table of Contents
- Key Takeaways
- Fly Ash Market Landscape
- Market – Key Industry Dynamics
- Fly Ash Market Analysis- Global Analysis
- Fly Ash Market Revenue And Forecasts To 2027 – Type
- Market Revenue And Forecasts To 2027 – Application
- Market Revenue And Forecasts To 2027 – Geographical Analysis
- Market Revenue And Forecasts To 2027 – Industry Landscape
- Competitive Landscape
- Fly Ash Market, Key Company Profiles
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