Global Fly Ash Market: Snapshot

In a number of emerging economies, and particularly in BRICS nations, the building and constructing industry is prospering on the back of rapid urbanization. For the construction industry, cement is of optimum importance, and the vendors are constantly looking for improved versions of it in order to build robust skyscrapers and other concrete structures. Fly ash, which is a byproduct of coal-fired electric power plants, has emerged as a premium substitute for Portland cement for the building and construction industry. When employed in concrete, fly ash improves the strength, ease of pumping concrete, and segregation. According to this business intelligence study, the demand in the global fly ash market will multiply at a notable CAGR of 7.1% during the forecast period of 2017 to 2025. Revenue-wise, the analysts of the report have evaluated that the global fly ash market was worth US$5,237.1 mn in 2017. And if their estimations are to be believed, the opportunities in this market will swell up to US$9,080.9 mn by the end of 2025.

Apart from the radical growth that is currently being experienced by the construction industry, the demand in the fly ash market is expanding in emerging economies that have increased their focus on infrastructure and roads. In addition to that, fly ash is a waste generated by coal-fired electric power plants, which can be swiftly reused without the need for dumping. On the other hand, undesirable environmental properties of fly ash and decreasing usage of thermal power are a few restraints obstructing the fly ash market from flourishing.

Bricks and Blocks Key Application Segment of Fly Ash Market

Based on product type, the fly ash market has been segmented into Class F and Class C. The Class F fly ash segment is the one that is most commonly used, owing to its excessive usage in mass concrete and high strength mixes. On the other hand, the Class C segment provided for a healthy share of demand in 2016, primarily due to the ease of availability and excellent cost to performance ratio. In terms of application, the fly ash market has been bifurcated into Portland cement and concrete, bricks and blocks, road construction, agriculture, mining applications, waste stabilization, and others. Among these, the bricks and blocks segment is poised for a fruitful future owing to its properties such as zero efflorescence, low water absorption, high compressive strength, and high strength-to-weight ratio.

Asia Pacific Fly Ash Market to be worth US$4,217.6 mn by 2025

Geographically, Asia Pacific and Europe are the two regions with greatest potential. Emerging economies such as China and India have a thriving building and construction industry as a result of rapid urbanization. In addition to that, easy availability of fly ash due to large number of coal fired power plants is anticipated to boost the Asia Pacific fly ash market, which is estimated to be worth US$US$4,217.6 mn by the end of 2025. China is the leading consumer of fly ash in Asia Pacific, which is a reflection of a large number of coal fired power plants in the country. Europe has significant share in the fly ash market due to the strong infrastructure for wind power in this region. The Europe fly ash market is projected to provide for a demand worth of US$3,320.0 mn by 2025. Similarly, North America, and Latin America are also expected to witness remarkable growth during the forecast period.

Headwaters Inc., Lafarge North America Inc., Charah Inc., FlyAshDirect, CEMEX S.A.B. de C.V., Boral Limited, Separation Technologies LLC, Ashtech, and Aggregate Industries are a few key players in the global fly ash market.

Global Fly Ash Market: Overview

This report analyzes and forecasts the market for fly ash at the global and regional level. The market has been forecast based on revenue (US$ Mn) and volume (Million Tons) from 2017 to 2025. The study includes drivers and restraints of the global fly ash market. It also covers the impact of these drivers and restraints on demand for fly ash during the forecast period. The report also highlights opportunities in the fly ash market at the global and regional level.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global fly ash market. Porter’s Five Forces model for the fly ash market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein applications are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global fly ash market by segmenting it in terms of type, and applications. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for fly ash in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand for individual type, form, and applications in all the regions.

Global Fly Ash Market: Key Research Aspects

The report provides the estimated market size of fly ash for 2016 and forecast for the next eight years. The global market size of fly ash has been provided in terms of revenue and volume. Market numbers have been estimated based on type and applications segments of fly ash market. Market size and forecast for each major type, applications have been provided in terms of global and regional markets.

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, webcasts specific to companies operating in the market, American Chemical Society, International Council of Chemical Associations, 4m Associations, and European Union. Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, type, and applications across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.

Global Fly Ash Market: Competitive Landscape

The study includes profiles of major companies operating in the global fly ash market. Key players in the fly ash market include Boral Ltd., Cemex S.A.B. De C.V., LafargeHolcim Ltd.., Waste Management, Inc., Charah, LLC, Separation Technologies LLC. (A subsidiary of Titan America LLC), and Cement Australia Pty Limited. Market players have been profiled in terms of attributes such as company overview, overall revenue, business strategies, and recent developments.

The report segments the global fly ash market as follows:

Global Fly ash Market: By Type

  • Class C
  • Class F

Global Fly ash Market: By Application

  • Cement & Concrete
  • Structural Fills
  • Mining Applications
  • Waste Stabilization
  • Road Construction
  • Others

Global Fly ash Market: By Region/Country/Sub-region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • Spain
    • UK
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Australia
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • South Africa
    • GCC
    • Rest of Middle East & Africa