Fly Ash Market is Expected to Reach US$ 13,502.7 Mn in 2027 : Key Player Sephaku Cement, Boral Limited, CEMEX, LafargeHolcim, Salt River Materials Group and Tarmac
Latest market study on “Fly Ash Market to 2027 – Global Analysis and Forecasts by Type (Type C and Type F); and application (Portland Cement & Concrete, Bricks & Blocks, Road & Embankment Construction, Agriculture, and Others)”, 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 report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
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The market for fly ash is concentrated with some very well-established players. Some of the key players in the fly ash market include Ashtech India Pvt Ltd, Boral Limited, CEMEX, S.A.B. de C.V, Hi-Tech FlyAsh (India) Private Limited, LafargeHolcim Ltd., Salt River Materials Group, Sephaku Cement, Tarmac, The, SEFA Group, Titan America LLC, Charah Solutions, Inc., and FlyAshDirect.
Under application segment, the Portland cement & concrete is the leading segment. Fly ash, commonly as pulverized fuel ash, is a byproduct of coal combustion, comprised of the particulates driven out of coal-fired boilers combined with the flue gases. Fly ash used in Portland cement concrete (PCC) has numerous advantages and enhances concrete performance in both the fresh and hardened state. The use of fly ash in concrete progresses the workability of plastic concrete and the strength and toughness of hardened concrete. However, the quality of fly ash must be carefully examined when the material is used in PCC. Furthermore, road & embankment construction segment is anticipated to grow at a faster pace, which is anticipated to boost the demand for fly ash over the forecast period.
The report segments the global fly ash market as follows:
Global Fly Ash Market – By Type
• Type C
• Type F
Global Fly Ash Market – By Application
• Portland Cement & Concrete
• Bricks & Blocks
• Road & Embankment Construction
Fly ash is obtained from one of the biggest sources of air pollution and carbon dioxide emissions on Earth. The main reason that fly ash is considered to be eco-friendly when used in construction is that it is recycled material. Fly ash concrete has the ability to simultaneously curb global carbon emissions while developing better and more durable infrastructure. Fly ash products do not require the high-temperature processing of cement and have the same compressive strength as cement. Furthermore, it requires only a small fraction of the sodium-based activation chemicals used to harden the cement. The researchers are focusing on developing new and innovative products of fly ash that can be used in a variety of applications. For instance, the researchers from Rice University have developed a new composite binder that can completely replace cement and also reduce waste from power plants.
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