Fly Ash Market is projected to grow at a good CAGR between 2017 and 2023

The recent study, titled, “Fly Ash Market – Forecasts from 2018 to 2023” covers an in-depth analysis of the market on the basis of type, application, and geography. The report also covers the country level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2018-2023. The report has segmented the fly ash market by the type (class F, class C), application (road construction, cement & concrete, structural fill) and geography (North America, South America, Europe, Middle East and Africa, Asia Pacific). Fly ash is produced in small dark flecks by the burning of powdered coal or other materials; they are very fine with cement like properties and are used as an additive in cement. The demand for Fly Ash is increasing during the forecast period mainly due to the rising investment in infrastructure sector in various countries. In addition, rapid urbanization and expansion of the construction industry are expected to further fuel up the demand for fly ash during the forecast period.

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Application in Concrete and Cement is anticipated to grow at a significant CAGR during the forecast period.

Application in the concrete and cement is expected to hold a substantial share of the fly ash market in 2017. Fly ash is considered as a cost-effective substitute for Portland cement in many markets and is also recognized as an environmentally friendly material because of its byproduct. Fly ash produces dense concrete with a smooth surface and sharp detail that reduces crack problems, permeability, and bleeding. Increasing investment in the construction industry around the globe is projected to drive the growth of concrete and cement segment during the forecast period.

The Asia Pacific is expected to account for a significant share in the market

Asia Pacific fly ash market is estimated to have a significant share in the global market and the region is further anticipated to grow during the forecast period on account of increasing investment in construction and infrastructure sector. The growing population in the region is placing a strain on the existing infrastructure leading to additional investment in the infrastructure industry. Moreover, promotion of fly ash by the government in developing economies in the region is further supplementing the growth of the market in the region during the forecast period.

Some of the major industry players profiled as part of the report are Boral Limited, Charah Inc., Aggregate Industries, Cemex S.A.B. De C.V., Salt River Materials Group, Flyashdirect, and Lafarge North America Inc, among others.

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