Fly Ash

Posted by Edward on April 17th, 2019

Fly Ash Market Overview:

The global fly ash market was valued at USD 3.4 Bn in 2017 and is projected to reach USD 5.5 Bn in 2023. As per the analysis of Market Research Future (MRFR), the global fly ash market is expected to capture a CAGR of 6.65% over the forecast period of 2018-2023.

Increasing consumption of fly ash in the automotive industry can also be attributed for the growth of the global fly ash market. Fly ash is applied in the automotive industry to make automotive castings lighter which leads to further energy savings by means of reduced fuel consumption.

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Fly Ash Market Key Players:

Bluestar Harbin Petrochemical Corp. (China), Thirumalai Chemicals Ltd (India), Fuso Chemical Co. (Japan), Changzhou Yabang Chemical Co. Ltd (China), Helm AG (Germany), Ashland Inc. (US), Polynt Group (Italy), Marathon Petroleum Corp. (US), Mitsubishi Chemical Corporation (Japan), Lanxess (Germany), Ningbo Jiangning Chemical (China), Nippon Shokubai Co. Ltd (Japan), Nan Ya Plastics Co.(China), Bartek Ingredients Inc. (Canada), and Huntsman Corporation (US) are the leading players in the global fly ash market.

Fly Ash Market Segmentation:

The global fly ash market has been segmented based on raw material, application, and end-use industries.

By raw material, the global fly ash market has been segmented into N-Butane and Benzene. The N-Butane segment accounted for the largest share of the market in 2018.

By application, the global fly ash market has been segmented into Unsaturated Polyester Resin (UPR), Copolymers, Lubricant Additives, Alkenyl Succinic Anhydrides, Malic Acid, Fumaric Acid, and Others. The unsaturated polyester resin segment led the market in 2018 while the copolymers segment is projected to be the fastest growing segment.

By end-use industries, the global fly ash market has been segmented into Construction, Automotive, Food & Beverages, Textile, Pharmaceuticals, Personal Care, Agriculture, and Others. The construction segment was the largest in 2018 while the automotive segment is expected to be the fastest growing segment over the forecast period.

Fly Ash Market Table of Content to be Continue…..,

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Edward

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Edward
Joined: April 9th, 2019
Articles Posted: 128

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