Global Fly Ash Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast To 2022 – by Credence Research
Browse the full Fly Ash Market -
Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at
Market Insights
The global fly ash market is
primarily dependent on the growth of the construction industry. The technical
advantage such as enhanced long term strength, improved workability and high
concrete finish are prominent factors driving the global fly ash market.
Furthermore, the production of fly ash requires low amount of water and energy
and thus the processing costs are less. This factor propels the global fly ash
market to grow at a further extent and generate high revenue for fly ash
manufacturers/processors.
The increasing demand from developers
and contractors for high speed construction materials and ability to offer
creative designs is also expected to drive the consumption of fly ash. The
construction industry has to ensure the maintenance and quality of
construction. In such a case, concrete with fly ash offers low
maintenance when compared to concrete without fly ash, thus aids in driving the
growth of global fly ash market. The strict regulation and international
standards such as EU standard BS EN 450 among others plays an important role in
trade of fly ash. However, how to fully utilize fly ash is still a challenging
issue.
Competitive Insights
The market is highly competitive
owing to presence of various players. The market comprises of various small,
mid-sized and multinationals. Some of the key players present in this market
are CEMEX S.A.B. de C.V., Boral Limited, Power Minerals Ltd, Cenin Limited,
Charah Inc., LafargeHolcim Ltd., Tosoh Corporation and Charah Inc.
Key Trends
- Growth in the Global
Construction Industry
- Increasing Focus on
Infrastructure and Road Paving in emerging economies
- Government encourages the use of
fly ash
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