Market Analysis: Global Fly Ash Market
The Global Fly Ash Market accounted for USD 4.60 billion in 2016 and is projected to grow at a CAGR of 5.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Fly Ash Market
Fly ash is an extremely fine powder consisting of spherical particles, less than 50 micron in size. Fly ash is produced when coal is combusted to produce electricity. There is a growing demand for fly ash in Portland cement & concrete, bricks & blocks, road construction and agriculture activities, which is expected to be one of the major drivers of the market over the next seven years.
Major Market Drivers:
- Demand in construction sector
- Increasing focus on infrastructure and road paving in Asia-Pacific
- Promotion of fly ash by governments of various countries
- Harmful properties of fly ash
Market Segmentation: Global Fly Ash Market
The fly ash market is segmented on the basis of type into class F and class C.
On the basis of application, the market is segmented into Portland cement & concrete, bricks & blocks, road construction, agriculture and others.
On the basis of geography, the fly ash market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape: Global Fly Ash Market
The global fly ash market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Fly Ash Market
Some of the major players in fly ash market include Aggregate Industries, Ashtech (India) Pvt. Ltd., Boral Limited, Cemex S.A.B. De C.V., Charah LLC, Waste Management (Flyashdirect), Lafarge, Salt River Materials Group, Separation Technologies LLC, Hi-Tech FlyAsh (India) Private Limited, National Minerals Corporation, Titan America LLC. and many more.
Research Methodology: Global Fly Ash Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.