Fly Ash Market – Global Industry Trends, Analysis, Regional Outlook, & Competitive Strategies |Global forecast to 2021.

Fly ash market is projected to reach $5.97 billion by 2021, at a CAGR of 5.7% between 2016 and 2021. Asia-Pacific Accounted for the Largest Share of the Global Market while Class F segment accounts for the largest share of the fly ash market

Pune, India - April 6, 2017 /MarketersMedia/ —

“The fly ash market is projected to grow at a CAGR of 5.7%, in terms of value, from 2016 to 2021”

The Fly Ash Market is projected to reach USD 5.97 billion by 2021, at a CAGR of 5.7%between 2016 and 2021. This growth can be attributed to the growth in construction industry, increasing focus on infrastructure and road paving, problems related to dumping fly ash, promotion of fly ash by governments of various countries, and increasing focus on the use of environment-friendly products. Non-suitability of fly ash in cold weather concreting and decreasing share of thermal power in the energy mix is the restraints for the fly ash market.

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“Based on type, the Class F segment is projected to grow at the highest CAGR”

The use of Class F fly ash is mostly in Portland cement where it is used in mass concrete and high strength mixes. It is also suitable for concreting in summer as it moderates heat gain during concrete curing. The growth in the consumption of cement and cementitious materials from the construction sectors across the globe has driven the demand for Class F fly ash.

“Based on application, the bricks & blocks segment is projected to grow at the highest CAGR”

Fly ash is ideal for manufacturing bricks, mosaic tiles, and hollow blocks. As fly ash bricks are lower in weight and around equal in strength compared to clay bricks, their demand are raising. With greater emphasis on green construction and increasing awareness regarding the benefits of fly ash concrete among builders and contractors, the demand for fly ash concrete in bricks & blocks application is expected to rise in the future.

“Asia-Pacific is the fastest-growing fly ash market”

The Asia-Pacific fly ash market is projected to grow at the highest CAGR from 2016 to 2021.The growing population in this region is placing a strain on the existing infrastructure and leading to the need for additional developments in the rail networks, residential buildings, and roadways. There is a significant need to invest in additional infrastructure to reduce the gap in the existing and the required infrastructure in the Asia-Pacific region. On a global level, the rising demand from the construction and infrastructure sectors will drive the fly ash market.

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Profile break-up of primary participants for the report:
• By Company Type: Tier 1 – 42 %, Tier 2 – 25%, Tier 3 – 33%
• By Designation: C level – 33%, Director level – 25%, Others – 42%
• By Region: North America– 50%, Europe– 17%,Asia-Pacific–25%, RoW–8%

Key players operating in the fly ash market include Boral Limited (Australia), Headwaters Inc. (U.S.), CEMEX S.A.B. de C.V. (Mexico), Lafarge North America Inc. (U.S.), Charah Inc. (U.S.), Separation Technologies LLC (U.S.), Aggregate Industries (U.K.), FlyAshDirect (U.S.), Salt River Materials Group (U.S.), and Ashtech (India) Pvt. Ltd. (India).

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Source: MarketersMedia

Release ID: 184010