Fly Ash Market to 2022
According to a market report published by Credence Research, “Fly Ash Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022,” the fly ash market was valued at US$ 39.54 Bn in 2015, and is expected to reach US$ 64.76 Bn by 2022, expanding at a CAGR of 7.3% from 2016 to 2022.
Fly Ash Market - Growth, Share, Opportunities & Competitive Analysis, 2017 - 2025
Pozzolan is the name coined after the small Italian town of Pozzuoli where hydraulic cement was produced over 2000 years ago. Pozzolans are siliceous or alumino materials which have the ability of forming cementious compounds. Fly ash, a Pozzolan which is in the form of fine powder, is the most commonly used material by the construction industry, hence, growing constructional activities have created strong demand for fly ash from the building and construction industries on a global scale. It is also used as a soil stabilizer in the agriculture sector and in the production of decorative glass and other applications.
Growing urbanisation is among the major factors driving the growth of the global fly ash market. Rising disposable income has led to increased demand for property. There is a strong demand for fly ash in the market due to its strength, long term durability and improved quality of finished product. The increased use of environmental friendly products has also boosted market for fly ash as it is proven to be 'green' building material (reference needed here).
Portland cement accounted for the larger share of global fly ash market in 2015. Portland cement when mixed with water forms insoluble cementious compounds. On addition of fly ash, additional cementious compounds can be produced which provide a number of benefits to the final product (examples needed).
Portland cement is expected to be the largest application segment of fly ash market and is projected to retain its position during the forecast period. Road constructions and fire bricks are expected to follow portland cement in terms of growth. Agriculture accounted for more than 14% of the global fly ash market and is expected to experience steady growth in the near future due to the substitutes available for soil stabilization. Decorative glass and other applications are also anticipated to demonstrate market growth for fly ash during the forecast period from 2016 to 2022.
Key players dominate the global fly ash market making the entry of new players difficult. Major players are focused on improving their market strategies and adopting new technologies for improving their product portfolio.
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
BIM for structural reinforcement modelling
From the basics to the future from our Cohesive BIM wiki.
ECA skills recharge at the House of Commons
As electrical sector feels skills shortage bite.
The impact of pandemic and new legislation on courses
CIOB Academy’s course take-up inked to external factors.
An artist, philanthropist and ex-Army helicopter pilot
Q and A with self-representing artist, Hannah Shergold.
Building Safety Regulator appoints permanent director
And publishes three-year strategic plan.
Update on the Energy Savings Opportunity Scheme (ESOS)
Introducing changes to make it more effective from 2024.
2023 CIOB photography competition
Shortlist announced for 2023 public choice award vote.
The last of the Victorians. Book review.
Grimsby's Kasbah: where’s that?
An exotic name that is shrouded in mystery.
This weeks guest editor, Ankita Dwivedi of Firstplanit.
Fropm practice to research and the business of materials.
Terms, histories, theories and practices.
Types of work to existing buildings - repurposing of buildings
Alteration and everything else before demolition.
2023 HSE data on workplace injuries and ill health
And CIOB's response.
Building Safety Act and Secondary Legislation
Presidential update from CIAT's Eddie Weir PCIAT.
Comments
“Fly Ash Market, By Product Type (Class F and Class C), By Application (Cements, Concrete, Roads and Embankments, Minefills, Bricks, Agriculture and Others) and By Region (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) - Growth, Future Prospects and Competitive Analysis, 2017 - 2025,” the global fly ash market was valued at US$ 26.30 Bn in 2016, and is expected to each US$ 44.08 Bn by 2025, expanding at a CAGR of 6.4% from 2017 to 2025.
Browse the full Fly Ash Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at https://www.credenceresearch.com/report/fly-ash-market