Global Fly Ash Market Forecast to 2023: Increasing Focus on Infrastructure and Road Paving in the Asia Pacific

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Dec 04, 2018, 06:00 ET

DUBLIN, Dec. 4, 2018 /PRNewswire/ --

The "Fly Ash Market by Type (Type F, Type C), Application (Portland Cement & Concrete, Bricks & Blocks, Road Construction, Agriculture), and Region (Asia Pacific, Europe, North America, Middle East & Africa, South America) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The Fly Ash Market is Projected to Reach USD 4.5 Billion by 2023 from USD 3.4 Billion in 2018, at a CAGR of 6.0% Between 2018 and 2023.

Fly ash is a byproduct formed when coal is burned in thermal power plants. It is a fine powder containing aluminous and siliceous material that becomes cementitious when water is added to it. Concrete made using fly ash is easy to pour, shows low permeability, and resists chemical reactions, thereby increasing the service life of concrete. Fly ash is primarily used in the construction and infrastructure industries.

The fly ash market has been growing owing to the growth in the construction industry, increasing focus on infrastructure and road paving, problems related to dumping fly ash, promotion of fly ash by governments of various countries, and increasing focus on the use of environment-friendly products.

Various measures have been undertaken by governments of these countries for the conservation of energy and prevention of dumping fly ash into landfills and ponds, resulting in the increasing utilization of fly ash and thus driving the market in this region. The Asia Pacific fly ash market is projected to grow at a CAGR of 6.9% during the forecast period to reach USD 2,868.6 million by 2023. The North American fly ash market is estimated to reach a value of USD 1,065.3 million by 2023, driven by growth in the regions construction sector in recent years and high utilization rate of fly ash. Europe is the world's third-largest fly ash market.

Among types, the class F segment is projected to be the larger, driven by the growth in the construction industry across the world. In Europe, it is mandatory to use energy-saving products, which has led to an increase in the consumption of class F fly ash in the region. The Chinese construction market is also an important driver of class F fly ash consumption.

Among applications, Portland cement & concrete is the largest segment, owing to the increasing use of fly ash in Portland cement. The recent trend in the use of concrete containing fly ash has led to higher percentages of fly ash being used in this application. Road construction is the second-largest application segment of fly ash.

Key Topics Covered:

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.4 Currency & Pricing
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Market Breakdown & Data Triangulation
2.4 Assumptions
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Fly Ash Market
4.2 Fly Ash Market, By Region
4.3 Asia Pacific Fly Ash Market, By Type & Country
4.4 Fly Ash Market, By Application & Region
4.5 Top Countries in Fly Ash Market

5 Market Overview
5.1 Introduction
5.2 Evolution
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Growth of the Global Construction Industry
5.3.1.2 Increasing Focus on Infrastructure and Road Paving in the Asia Pacific
5.3.1.3 Reduced Environmental Hazards Due to the Use of Fly Ash for Construction
5.3.1.4 Promotion of Fly Ash By Governments of Various Countries
5.3.2 Restraints
5.3.2.1 Disadvantages of the Use of Fly Ash
5.3.3 Opportunities
5.3.3.1 Environment-Friendly Construction Product
5.3.4 Challenges
5.3.4.1 Decreasing Use of Thermal Power in the Energy Mix
5.4 Macroeconomic Indicators
5.4.1 Annual GDP Growth of Major Economies
5.4.2 Road Construction
5.5 Porter's Five Forces Analysis
5.5.1 Bargaining Power of Suppliers
5.5.2 Threat of New Entrants
5.5.3 Threat of Substitutes
5.5.4 Bargaining Power of Buyers
5.5.5 Intensity of Competitive Rivalry

6 Fly Ash Market, By Source Type
6.1 Introduction
6.2 Power Plants
6.2.1 Loss of Ignition (LOI)
6.2.2 Fineness
6.2.3 Chemical Composition
6.2.4 Uniformity
6.3 Landfill/Pond

7 Fly Ash Market, By Type
7.1 Introduction
7.2 Class F
7.2.1 Class F Fly Ash to Hold the Largest Market Share Through 2023
7.3 Class C
7.3.1 Road Construction Application to Drive the Class C Fly Ash Market

8 Fly Ash Market, By Application
8.1 Introduction
8.2 Portland Cement & Concrete
8.2.1 Portland Cement & Concrete to Hold the Largest Market Share Through 2023
8.3 Road Construction
8.3.1 Road Construction to Grow Due to Growth in Infrastructure Industry in Asia Pacific and North America
8.4 Bricks & Blocks
8.4.1 Bricks & Blocks to Grow Due to Rise in Global Construction Activities
8.5 Agriculture
8.5.1 Demand for Fly Ash in Agriculture Application Driven By Rising Consumption From China and India
8.6 Others

9 Fly Ash Market, By Region
9.1 Introduction
9.2 Asia Pacific
9.2.1 China
9.2.1.1 The Presence of Large Number of Coal Power Plants has Ensured Significant Supply of Fly Ash in China
9.2.2 India
9.2.2.1 India to Have the Second Largest Share in the Asia Pacific Fly Ash Market
9.2.3 Japan
9.2.3.1 Demand From the General, Residential, and Civil Construction Sectors has Driven the Market for Fly Ash in Japan
9.2.4 Australia
9.2.4.1 The Growth in the Australian Infrastructure Sector has Increased the Demand of Fly Ash
9.2.5 Indonesia
9.2.5.1 The Growing Urban Population of Indonesia and Rising Disposable Income of Its Middle-Class Population are Fueling the Growth of the Construction Sector in the Country
9.2.6 Rest of Asia Pacific
9.3 North America
9.3.1 US
9.3.1.1 Increased Construction Spending is Driving the Fly Ash Market in the Us
9.3.2 Canada
9.3.2.1 The Growth in Roadways and Construction Activities in Canadian States, Such as Ontario and New Brunswick is Driving the Fly Ash Market
9.3.3 Mexico
9.3.3.1 Development of Ports, Roads, Highways, Airports, Railways, and Power Utilities has Increased the Demand of Fly Ash in Mexico
9.4 Europe
9.4.1 Germany
9.4.1.1 Economic Reforms and Favorable Financial Policies Have Led to Growth in the German Construction Industry
9.4.2 UK
9.4.2.1 Growth in the Housing, Commercial, and Civil Engineering Construction has Driven the Fly Ash Market in the UK
9.4.3 Poland
9.4.3.1 Government Investments in Infrastructure, Energy, and Housing Projects Have Led to Growth in the Fly Ash Market in Poland
9.4.4 Spain
9.4.4.1 Growth in the Residential Construction Sector has Led to Growth in the Spain Fly Ash Market
9.4.5 France
9.4.5.1 Increasing Consumption of Portland Cement and Concrete is Expected to Drive the Fly Ash Market in France
9.4.6 Italy
9.4.6.1 Government Investments in Infrastructural Projects is Driving the Fly Ash Market in Italy
9.4.7 Rest of Europe
9.5 Middle East & Africa
9.5.1 South Africa
9.5.1.1 Government Investment in Low-Cost Housing Projects and Renewable Energy Projects is Expected to Drive the Fly Ash Market in South Africa
9.5.2 Saudi Arabia
9.5.2.1 Modernization of Transport Systems, and Maintenance of the Existing Road Networks is Driving the Fly Ash Market in Saudi Arabia
9.5.3 Rest of Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.1.1 Deteriorating Business Environment and Weak Investor Confidence has Led to Slow Growth in the Fly Ash Market in Brazil
9.6.2 Argentina
9.6.2.1 High Interest Rates and Currency Devaluation has Led to Moderate Growth in the Fly Ash Market in Argentina
9.6.3 Rest of South America

10 Competitive Landscape
10.1 Overview
10.2 Market Ranking Analysis
10.3 Competitive Situations & Trends

11 Company Profiles

Aggregate Industries
Ashtech (India) Pvt. Ltd.
Boral Limited
Cemex
Charah Solutions
FlyAshDirect
Lafarge North America Inc.
Salt River Materials Group
Sefa
Separation Technologies LLC

For more information about this report visit https://www.researchandmarkets.com/research/2k35dc/global_fly_ash?w=5

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