Demand for Fly Ash Significantly Influenced by Resurgent Growth in Construction

Posted by Arslan on March 22nd, 2019

The various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Fly Ash Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.

Demand for fly ash continues to rise in parallel to resurgent growth in the construction activities worldwide, as fly ash imparts binding strength to concrete. These intrinsic properties of fly ash make it more favorable material as compared to Portland cement, and has replaced about 20% to 30% of the total Portland cement employed in the construction industry.

Environmental-friendly nature of fly ash has further driven its demand in the construction industry, to improve the overall performance of ready-to-mix concrete, while meeting sustainability development goals. In addition to construction industry, fly ash finds extensive application in various other end-use industries such as agriculture, water treatment, and mining. These factors collectively drive growth of the fly ash market, which is anticipated to register a CAGR of over 7% through 2026.

The aforementioned insights have been gleaned from a comprehensive study titled, “Fly Ash Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”which has been incorporated in the repository of Market Research Reports Search Engine (MRRSE).

Adoption of fly ash has extended beyond developed countries to emerging economies such as India and China, on account of its multiple beneficial attributes for use in the construction and infrastructure development activities. Asia-Pacific is expected to lead the global fly ash market, with sales estimated to exceed US$ 2,700 Mn by 2026-end. Such significant growth of the fly ash market in APAC can be attributed to several government efforts toward enhancing their transport infrastructure, along with the upward urbanization trend in the region’s developing nations.

The report provides the stakeholders of the fly ask market with valuable insights. The analysis has been done based on value (US$ Mn) and volume (Mn tons). The market has been analyzed for the period – 2018 to 2026. This detailed report encompasses the factors that impact the growth of the market. An outlook on the market size, market share, market dynamics, and demand and supply trends is covered in the study.

This unbiased assessment of the fly ash market covers opportunities, threats, key drivers, and restraints. An extensive study has been carried out to understand the historical and future trends of the market delivered in the report. The market has been analyzed depending on key market segments that include  type, application, and region, which is elaborated in the report.

In order to analyze the competition level in the market, an overview of leading players have been included in the report. The major players are Boral Ltd., Cemex S.A.B De C.V., and Lafarge Holicim. An overview of each of these companies, along with their strategies and market size has been elucidated in the report.