This report provides exclusive insights into the COVID-19 impact on the Fly Ash Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Fly Ash Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Fly Ash Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on fly ash market provides in-depth analysis of segments and sub-segments in the global as well as regional fly ash market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional fly ash market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global fly ash market. According to the report, the global fly ash market is projected to grow at a CAGR of 6.2% over the forecast period of 2018-2024.
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. 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.
The report on global fly ash market covers segments such as type and application. On the basis of type, the sub-markets include class F, and class C. On the basis of application, the sub-markets include cement and concrete, bricks & blocks, road construction, mining, and others.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in this region. The Asia-pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China.
The report provides profiles of the companies in the market such as Headwaters Inc, Boral Limited, CEMEX S.A.B. de C.V., Lafarge North America Inc., Charah Inc., Separation Technologies LLC, FlyAsh Direct, Salt River Materials Group, Aggregate Industries, and Ashtech.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of fly ash market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.