GLOBAL FLY ASH MARKET was valued at USD 4.34 Billion for the year 2019. Fly Ash Market is further expected to grow at a CAGR of 5.84% from 2019 to reach USD 6.10 Billion by the year 2025. Asia Pacific region holds the highest market share in 2019 as well region is growing fastest in the forecasted period. Developed countries such as China and emerging market like India with huge population base are further anticipated to grow at a steady pace in the next 5 years because of the population growth in the region.
Boral Limited (Australia), CEMEX S.A.B. de C.V. (Mexico), FlyAshDirect (U.S.), Separation Technologies LLC (U.S.), Aggregate Industries (U.K.), Lafarge North America Inc. (U.S.), Charah Inc. (U.S.), Headwaters Inc. (U.S.), and Ashtech India Pvt. Ltd. (India) are some of the top manufacturer in the Fly Ash Market with highest market share was held by Boral limited in 2019. Better global reach, both at production and at an operational level is the main reason for holding this highest market share. New product launches and growing research and development cost for addressing changing demand of end users in recent years are driving this market. Organic growth strategies such as merger and acquisition were adopted by these manufacturers in recent years has provided comprehensive market opportunities for the various stakeholder in the value chain.
Government and Regulatory Associations active campaigning for Fly Ash
Growth in infrastructure and construction development
Inconsistent quality of fly ash
Increasing awareness about the eco-friendly construction
The decline in the usage of a traditional source of energy, as well the availability of the fly ash
The Class F segment is expected to hold the maximum market share during the forecasted period. With the increasing construction activities for varied applications are driving this market. Similarly, rising infrastructure development and manufacturing units are driving the Class F market.
On the other hand, construction applications like blocks and varied brick types for Fly Ash Market is expected to grow at the highest CAGR during the forecasted period. The PCC pavement holds the highest market share because of its economic benefits compared to other applications.
Key Benefits for Stakeholders
Manufacturers of Fly Ash
Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
Regulatory bodies, policy actors, and consumers.
Bricks and Blocks
Portland Cement & Concrete
Others (Chemical, Mining)
Key Market Players
Boral Limited (Australia)
CEMEX S.A.B. de C.V. (Mexico)
Aggregate Industries (U.K.)
Separation Technologies LLC (U.S.)
Ashtech (India) Pvt. Ltd. (India)
(A brief overview of another 13 companies is also provided)
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