-- Fly Ash Market Overview:
The global fly ash market was valued at USD 3.4 Bn in 2017 and is projected to reach USD 5.5 Bn in 2023. As per the analysis of Market Research Future (MRFR), the global fly ash market is expected to capture a CAGR of 6.65% over the forecast period of 2018-2023.
Fly ash is basically a byproduct of the electric power plants that are coal fired and is used as a premium alternative for Portland cement in the construction industry. This when used in concrete will help in improving the strength, segregation and the ease to pump concrete. Fly ash is utilized for reinforcement, building panels, roofing and for formulation of marbles, rocks, fiber-strengthened plastics and simulated stones. Besides it also finds application in construction of fire bricks and roads and is experiencing a growing demand exclusively from building projects of highways and expressways owing to its significant economic perks.
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Fly Ash Market Key Players:
Bluestar Harbin Petrochemical Corp. (China), Thirumalai Chemicals Ltd (India), Fuso Chemical Co. (Japan), Changzhou Yabang Chemical Co. Ltd (China), Helm AG (Germany), Ashland Inc. (US), Polynt Group (Italy), Marathon Petroleum Corp. (US), Mitsubishi Chemical Corporation (Japan), Lanxess (Germany), Ningbo Jiangning Chemical (China), Nippon Shokubai Co. Ltd (Japan), Nan Ya Plastics Co.(China), Bartek Ingredients Inc. (Canada), and Huntsman Corporation (US) are the leading players in the global fly ash market.
Fly Ash Market Segmentation:
Market Research Future report offers an all-inclusive segmental analysis of the fly ash market on the basis of raw material, application and end-use industries.
Based on raw material, it is segmented into Benzene and N-Butane. Of these, N-Butane will grab the maximum share in the fly ash market.
Based on application, the fly ash market is segmented into fumaric acid, malic acid, alkenyl succinic anhydrides, lubricant additives, copolymers and unsaturated polyester resin (UPR). Of these, unsaturated polyester resin will have the maximum share in the market over the forecast period.
Based on end-use industries, it is segmented into agriculture, personal care, pharmaceuticals, textile, food and beverages, automotive, construction and others. Of these, the construction segment will lead the fly ash market followed by automotive that is projected to grow at the fastest pace.
Fly Ash Market Regional Analysis:
Based on region, the fly ash market covers growth opportunities and latest trends across North America, Asia Pacific, Europe and Middle East and Africa. Of these, Asia Pacific will command the fly ash market over the forecast period owing to rapid industrialization here, surplus growth of the construction sector, availability of fly ash in abundance and steps to conserve energy initiated by the government. Europe will have the second largest share and is anticipated to grow substantially owing to the region s economic recovery, upsurge in smart city projects and regulations related to the use of coal combustion products. On the other hand, the fly ash market in North America will be chiefly driven by the development of the construction sector here.
Fly Ash Market Table of Content:
1 Executive Summary
2 Scope of The Report
3 Market Research Methodology
4 Market Factor Analysis
5 Market Dynamics of Global Fly Ash Market
Fly Ash Market Table of Content to be Continue ...,
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Organization: Market Research Future
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Website: https://www.marketresearchfuture.com/reports/fly-ash-market-6720
Release ID: 488775
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