Fly Ash Market Size growing at 7.50% CAGR to hit USD 12.46 billion by 2029| Key Players: Boral (Australia), Charah Solutions Inc., (U.S.), CEMEX S.A.B. de C.V. (Mexico)

Market Definition

Fly ash, also known as pulverized fuel ash, is a very fine powder with spherical particles less than 50 microns that is supplied to the chimney by an electrostatic precipitator or other particulate filtration equipment from coal-fired power plants. Alumina and/or silica are abundant in fly ash, which is a fine powder.

Global Fly Ash Market was valued at USD 6.99 billion in 2021 and is expected to reach USD 12.46 billion by 2029, registering a CAGR of 7.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

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Market Analysis and Size

Since the last few years, the increase in population has further resulted in decrease in farmland area, making it critical to increase crop yield. Fly ash is a nutrient source for soil and it can improve the biological properties of degraded soil. This factor has further encouraged the use of fly ash in most agricultural countries. Consequently, owing to these determinants, the fly ash market is anticipated to have accelerated growth in the forecast period.

Fly Ash Market Dynamics

This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

High Demand Across Construction Sector

It is widely used in blended cement, mosaic tiles, and hollow blocks as fly ash contains both aluminous and siliceous material. It is also used in poured concrete, concrete blocks, and brick. When fired in various electric boilers or industrial boilers, most commonly in cogeneration facilities, fly ash is a valuable constituent of byproducts of coal. Year after year, large amounts of fly ash are extracted. The market is seeing an increase in demand for fly ash formulations in a variety of engineering applications, particularly highway construction.

Furthermore, the rise in disposable income, which leads to higher living standards, has resulted in an increase in demand for fly ash, resulting in the growth of the fly ash market. Growth in urbanization, which leads to increased demand for fly ash in places such as corporate offices and hypermarkets, is another important factor driving the global fly ash market.

Opportunities

Implementation of Measures and High Investments

Furthermore, the measures implemented by governments to prevent dumping fly ash into landfills and ponds further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the high investment in construction in developing and least developed countries will further expand the future growth of the fly ash market.

Some of the major players operating in the fly ash market are
Boral (Australia)
Charah Solutions Inc., (U.S.)
CEMEX S.A.B. de C.V. (Mexico)
Holcim. (U.S.)
FlyAshDirect (U.S.)
Separation Technologies LLC (U.S.)
Aggregate Industries (U.K.)
Salt River Materials Group (U.S.)
Titan America LLC. (U.S.)
National Minerals Corporation (U.S.)
Charah Solutions Inc., (U.S.)
Duromar, Inc (U.S.)
Saveh White Cement Co. (Iran)
Ashtech (India) Pvt. Ltd. (India)

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COVID-19 Impact on Fly Ash Market

The recent outbreak of coronavirus had a negative impact on the fly ash market. It has ravaged the macroeconomics of almost every country on the planet in a matter of months. Lockdowns halted a number of high-value construction projects in both urban and rural areas. This has had a significant impact on the overall construction industry as well as the fly ash market. However, as economies have opened up, new construction activities have gained traction, resulting in increased demand in the fly ash market.

The global fly ash market is being driven by an increase in residential projects in both urban and rural areas. Fly ash is a valuable byproduct of coal when fired in a variety of electric boilers or industrial boilers, most notably in cogeneration facilities. Year after year, millions of tonnes of fly ash are extracted. This results in studies that significantly broaden our understanding of the chemistries and characteristics of fly ash, thereby constantly reshaping the contours of the fly ash market.

Global Fly Ash Market Scope

The fly ash market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

 Type
Class F
Class C

Application
Portland cement and Concrete
Bricks and Blocks
Road Construction
Agriculture
Others

Countries Studied
America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)

Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)

Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)

Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

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Table of Contents:
Global Fly Ash Market Research Report 2029
Chapter 1 Fly Ash Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Fly Ash Market Forecast
...
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