Market Definition: Fly Ash Market
The Global Fly Ash Market accounted for USD 4.60 billion in 2016 and is projected to grow at a CAGR of 5.5% during the forecast period of 2019 to 2026.
Fly ash is an extremely fine powder consisting of spherical particles, less than 50 micron in size. Fly ash is produced when coal is combusted to produce electricity. There is a growing demand for fly ash in Portland cement & concrete, bricks & blocks, road construction and agriculture activities, which is expected to be one of the major drivers of the market over the next seven years.
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Key Market Competitors: Fly Ash Market
Few of the major competitors are Aggregate Industries, Ashtech (India) Pvt. Ltd., Boral Limited, Cemex S.A.B. De C.V., Charah LLC, Waste Management (Flyashdirect), Lafarge, Salt River Materials Group, Separation Technologies LLC, Hi-Tech FlyAsh (India) Private Limited, National Minerals Corporation, Titan America LLC. and many more.
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The report performs the study of market drivers and market restraints thoroughly along with the analysis of the market structure. This market report endows with the plentiful insights and business solutions that will help to stay ahead of the competition. A class and transparency is strictly maintained while carrying out research studies of this report to offer an exceptional market research report for a specific niche. Businesses can achieve better insights to drive the business into right direction with the different segments covered in the market research report. This market analysis examines various segments which help for the quickest development amid the estimated forecast frame.
Major Market Drivers & Restraints are as follows:
- Demand in construction sector
- Increasing focus on infrastructure and road paving in Asia-Pacific
- Promotion of fly ash by governments of various countries
- Harmful properties of fly ash
Market Segmentation: Fly Ash Market
The fly ash market is segmented on the basis of type into class F and class C.
On the basis of application, the market is segmented into Portland cement & concrete, bricks & blocks, road construction, agriculture and others.
On the basis of geography, the fly ash market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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The global fly ash market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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