Northbrook, IL -- (SBWire) -- 03/19/2019 --The report "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" The fly ash market size is expected to reach USD 4.5 billion by 2023, at a CAGR of 6.0% from 2018 to 2023. The fly ash market is expected to grow from USD 3.4 billion in 2018 to USD 4.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period. The major factors driving the fly ash market include 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.
Browse 145 market data Tables and 32 Figures spread through 136 Pages and in-depth TOC on "Fly Ash Market - Global Forecast to 2023"
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=76345803
Rising demand for fly ash from the residential construction sector is expected to lead to a high growth of the Portland cement & concrete application segment.
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.
Asia Pacific is expected to be the largest fly ash market during the forecast period.
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.
Speak with our Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=76345803
Major vendors in the fly ash market include 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.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Fly Ash Market Worth $4.5 Billion by 2023 : Increasing Focus on Infrastructure and Road Paving Is Major Driver of Growth
The fly ash market size is expected to grow from USD 3.4 billion in 2018 to USD 4.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 6.0%.