The latest report on Fly Ash Market by Infinium Global Research gives complete coverage of the Fly Ash Market by type (class F, and class C), application (cement and concrete, bricks & blocks, road construction, mining, and others), region (NA, EU, RoW, APAC) in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and applications trends in the regional markets of Fly Ash such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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Easy Availability and Cost-Effectiveness of Fly Ash Contribute to the Growth of this Industry
Fly ash is a fine residue that is formed by the combustion of pulverized coal in coal-fired electric and steam generating plants. When fly ash is mixed with water and calcium carbonate, it forms a chemical compound similar to Portland cement. This makes fly ash suitable as a prime material in blended cement, mosaic tiles, and hollow blocks among the building materials. Fly ash improves the strength and segregation of the concrete when used in concrete mixes. Fly ash is currently used as a key component in several cement-based products such as poured concrete, concrete block, and brick. The high performance of fly ash concrete is due to its physical, mineralogical, and chemical properties.
The significant rise in environmental concerns worldwide has led to increased demand for environment-friendly materials in the construction industry. This is one of the primary factors driving the growth in the fly ash market globally. Fly ash is a premium substitute for Portland cement that contributes to about 10% of world carbon dioxide emission during its production. The use of good quality fly ash with high fineness and low carbon content reduces the water demand as compared to a Portland cement concrete of the same workability.
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The Demand for Fly Ash Market is Anticipated to Swell to Meet the Requirements of the Rising Population
A net reduction in energy use and greenhouse gas emissions is observed when fly ash is used to replace or displace manufactured cement. In addition, the use of fly ash reduces the stress on the landfills. Furthermore, easy availability and cost-effectiveness of fly ash contribute to the growth of this market. Fly ash is used in many sectors such as industry, infrastructures, and agriculture. However, high permeability of poor quality fly ash restrains the growth of fly ash market. Moreover, the rising global population and growing infrastructural development in the emerging economies creates opportunities for the growth of fly ash market.
Geographically, Asia-Pacific holds a dominant share in the fly ash market. The rapidly expanding industrial sector in Asia-Pacific contributes to the growth of Asia Pacific fly ash market. In addition, Indian government initiatives such National Clean Air Programme recommends multiplying the fly ash usage by 10 times ensure clean air and mitigating the adverse impact on the environment that promotes the growth of this market.
The demand for fly ash market is anticipated to swell to meet the requirements of the rising population in this region. Europe is expected to grow at the fastest pace owing to the growth of the construction industry in several European countries. The North America region is anticipated to grow at a slow pace due to the established infrastructure in this region.
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- Comprehensive analysis of global as well as regional markets of the Fly Ash.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.