Fly Ash Market Trends, Analysis and Forecasts, 2018 – 2024

Fly ash is found in the form of fine powder, which is a byproduct obtained from burning pulverized coal in electric generation power plants. Fly ash is a pozzolan, which is a substance comprising siliceous and aluminous material that forms cement in the existence of water. When this substance is mixed with lime and water it forms a compound like Portland cement. Fly ash can be a costly replacement for Portland cement in concrete although using it enhances strength, segregation, and offers ease of pumping concrete. The fly ash made by coal-fired power plants offer a brilliant prime material used in blended cement, mosaic tiles, and hollow blocks among others. There are various benefits of fly ash, few of them being cold weather resistance, its usage as an admixture, great workability, reduces heat of hydration, higher strength gains, substitution for Portland cement, controls crack problems and permeability and many other. The global fly ash market is estimated to reach US$ 7.25 Bn by 2024 and is expected to expand at a CAGR of 7.0% from 2018 to 2024.

There are various advantages of fly ash. Few of them being it is greatly economical, its usage is environmental friendly because waste materials from industries are highly and effectively being used to make quality building materials. Fly Ash has very minor particles, which makes the concrete highly dense and compact and diminishes the permeability of concrete. It can add superior strength to the building. The fly ash concrete mixture makes a very low heat of hydration, which avoids thermal cracking. Fly Ash concrete is impervious to acid and sulphate attacks. Moreover, the shrinkage of fly ash concrete is also very less and the usage of fly ash offers concrete good work ability, finish and durability. All these advantages are considered as driving factor of global fly ash market.

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The global fly ash market has been segmented based on type, application and geography. Based on types, the global fly ash market has been segmented into class F and class C. Based on applications, the global fly ash market has been segmented into Portland cement and concrete, bricks and blocks, road construction, agriculture and others. Fly ash is mixed and added to concrete to make it more robust and strong. Fly ash also has low unit weight. Fly ash gives 30% more volume of cementitious material per pound as matched to cement. Hence, it is an appropriate material to partially replace cement in construction undertakings. There is a surge in the construction expenditure in the Asia-Pacific region because of the increasing demand for residential and non-residential buildings, which in turn will escalate the demand of fly ash in the Portland cement & concrete application segment. Based on geography, the global fly ash market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America comprises U.S., Canada and Mexico whereas Europe would primarily cover Germany, France, UK, Italy and Rest of Europe. The key countries included under Asia Pacific are China, Japan, India, Australia, and Rest of Asia Pacific. In Latin America, Brazil, Argentina, and Rest of Latin America are the key segments whereas in Middle East & Africa, South Africa and Rest of MEA are the key segments covered in the report. Asia-Pacific conquered the fly ash market in 2015 owing to the growing demand for fly ash from developing economies, such as India and China. China is the primary consumer of fly ash in the Asia-Pacific region, followed by India. Industrialization has fired urbanization in China and India through the relocation and immigration of rural populations to the urban areas and the growth of towns into cities. As a result of the stable economic growth, construction happenings have improved, thus leading to an increased demand for fly ash.