The demand for rice husk ash is likely to remain robust in developing countries, owing to its feasibility in reducing the cost of construction activities
Albany, NY -- (SBWIRE) -- 03/30/2018 -- A new detailed study titled "Rice Husk Ash Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" has recently been submitted to the database of Market Research Reports Search Engine (MRRSE). According to the report, the global rice husk ash market is likely to grow at a CAGR of 5% and reach a valuation of US$ 1.64 Bn by the end of 2025.
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The report presents a comprehensive analysis of the global rice husk ash market for the perusal of readers. A detailed market analysis has been offered that highlights the key factors at play in the global market. Information on the supply demand equation, along with leading players in the market has been offered in a lucid manner. The forecast and analysis on the global market has been offered on the basis of key regions, including North America, Latin America, Europe, Asia Pacific, Middle East & Africa. This detailed segment-wise analysis is highly beneficial for understanding the sluggish and lucrative avenues in the global rice husk ash market.
The report profiles some of the leading players operating in the market. Some of these players are Yihai Kerry Investments Co., Ltd., Wadham Energy Limited Partnership, Refratechnik Italia S.r.L, Usher Agro Limited, Agrilectric Power, Torftech, KIYU New Material Co., Ltd, Jasoriya Rice Mill Pvt. Ltd. and Agrino. The players in the market are focusing on increasing the awareness among end-users so that a higher percentage of rice husk ash can be used in end-use applications. Currently, large volumes of rice husk ash is discarded owing to its limited applications.
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According to the report, the demand for rice husk ash is likely to remain robust in developing countries, owing to its feasibility in reducing the cost of construction activities. Although developers in developed countries are not proactive in using rice husk ash for building and construction activities, the product witnesses sustained demand in Asia Pacific and African countries.
The report projects Asia Pacific to account for the leading revenue share of the market. According to the report, the region accounted for nearly 65% revenue share of the market, and it is highly likely that the status quo will remain unchanged during the assessment period. In addition to being a top producer of rice husk ash, many countries in Asia Pacific are prominent exporters of rice husk ash to European countries.
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