The fly ash market size is expected to grow from USD 3.4 billion in 2018 to USD 5.7 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period. The major driving factors for the fly ash market are the growth in the construction industry, increasing focus on infrastructure and road paving, promotion of fly ash by the governments of various countries, and increasing focus on the use of environment-friendly products.
The fly ash market has been segmented on the basis of providers into 2 categories: Class F and Class C. Among these types, type F is expected to be the fastest-growing segment in the fly ash market. The main application of Class F type fly ash is in Portland cement where it is used in mass concrete and high strength mixes. It is also suitable for concreting in summer as it moderates heat gain during concrete curing. The class F type segment is expected to grow at the highest CAGR due to the extensive use of fly ash in countries such as China, India, Japan, the US, and Germany. This is the result of the increasing focus of governments of these countries to increase consumption of fly ash for environmental reasons.
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Concrete made from fly ash is slightly lower in strength than normal cement concrete of up to 30 days, around equal in strength in 30-40 days, and higher in strength than normal cement in around a year’s time. Fly ash concrete has lesser permeability and efflorescence than normal concrete. Growth in the residential construction industry in China, India, and the US has resulted in high growth of the Portland cement & concrete application segment.
The fly ash market has grown at a moderate pace over the past five years owing to the increase in demand of fly ash for Portland cement & concrete and bricks & blocks applications. Currently, the fly ash market is dominated by various key players, such as Boral Limited (Australia), CEMEX S.A.B. de C.V. (Mexico), Lafarge North America Inc. (US), Charah Inc. (US), Separation Technologies LLC (US), Aggregate Industries (UK), FlyAshDirect (US), Salt River Materials Group (US), and Ashtech (India) Pvt. Ltd. (India).
Merger & acquisitions and expansions were the most preferred development strategies followed by companies to improve their presence in the fly ash market. In May 2018, Charah Solutions acquired SCB International, Inc. (SCB) to develop and deploy innovative technologies for fly ash benefaction for sale to concrete producers, processing kiln dust to remove mercury, and to grind granulated blast furnace slag to be sold to concrete producers. This will help Charah Solutions in expanding its MultiSource fly ash network and meet customer demand.
Boral Limited is a global distributor and manufacturer of building and construction materials. The company operates through four divisions, namely, Boral Construction Materials & Cement, Boral Building Products, Boral USA, and Boral Gypsum. In March 2018, Boral Limited acquired the Carbon Burn-out (CBO) technology developed by PMI Ash Technologies, LLC that helps in improving the quality of fly ash in coal-powered power plants. This helped the company in maintaining its leadership in the fly ash supply chain in North America. In November 2016, Boral Limited acquired Headwaters Incorporated to improve its presence in the US market. This will improve the company’s position in the fly ash market, as Headwaters Incorporated is the biggest fly ash company in the US. In February 2014, Aggregates Industries acquired the remaining 15% of shares in Ash Solutions. This improved the company’s capability to provide sustainable construction solutions to its customers in the UK.
Charah Solutions is a leading provider of power plant support services and coal combustion product management for the coal-fired power generation industry across the US. These services include gypsum management, ash pond management, dry fly ash conversion, structural fill projects, and landfill design and management. Agreements were undertaken in the past few years by Charah Inc. and Headwaters Incorporated. In October 2016, Charah Inc. entered into an agreement with Dynegy Inc. to manage Coal Combustion Products (CCPs) produced by two Dynegy Inc. facilities in Ohio, US. Charah would sell and market Class F fly ash to concrete and ready-mix concrete manufacturers.
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The Asia Pacific is estimated to account for the largest share of the market in 2018. The Asia Pacific market includes China, India, Japan, Australia, and Indonesia. Various measures have been taken by the governments of these countries for energy conservation and dumping of fly ash into landfills and ponds, resulting in increasing use of fly ash and driving its demand in the region.
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The Fly Ash Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the fly ash market include Boral Limited, EMEX S.A.B.
DE C.V, Jayem Manufacturing Co., Jebajeyam Brick Company, LafargeHolcim, MR Enterprises, Paul Bricks, Pavcon, Nuvoco Vistas Corp Ltd., Puzzolana Green Bricks and Pyramid Chemicals (P) Ltd.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Fly Ash Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/fly-ash-market/download-sampleMarket DynamicsThe growing construction industry and increasing usage of the use of fly ash in construction as it reduces environmental hazards is accelerating the market growth.
However, disadvantages associated with the use of fly ash such as seasonal limitation and salt scaling produced by higher proportions of fly ash are likely to hamper the market growth.
The Global Fly Ash market is accounted to US$ 6,863.5 Mn in 2018 and is expected to grow at a CAGR of 7.9% during the forecast period 2019-2027, to account to US$ 13,502.7 Mn by 2027.
The Fly Ash market is mainly driven by factors such as a significant shift of the consumers towards greener construction material substitutes and increasing infrastructure development in developed and developing countries.
When used as a Portland cement replacement, the class F fly ash shows increased resistance to sulfate attack, increased late compressive strengths, after approximately 28 days, increased resistance to alkali-silica reaction (ASR), and increased pore refinement, as compared to unmodified Portland cement.
Fly Ash is a coal combustion by-product produced in the thermal power plants.
The disposal of the high amount of fly ash from thermal power plants absorbs a high amount of energy, water, and land area.
However, recent studies have proposed that fly ash can be applied in the agriculture sector as a soil ameliorate.
