According to a new report published by UnivDatos, the fly ash market is expected to grow at a CAGR of around 6% from 2021-2027. The analysis has been segmented into the source (power plant and landfill/pond); type (class F and Class C); application (Portland cement & concrete, bricks & blocks, road construction, agriculture, and others); region/country. 

The fly ash market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the fly ash market. The fly ash market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the fly ash market at the global and regional levels. 

Market Overview 

According to International Energy Agency (IEA), in 2020, about 4.3 billion tons of cement were produced a modest increase from 4.2 billion tons in 2019 and 4.0 billion tons in 2018, despite being a pandemic year. Cement alone is one of the largest contributors to the demand for fly ash therefore rising production of cement in order to meet the growing construction activities is likely to boost the market for fly ash. However, still, the utilization rate of fly ash is too low thereby requiring large areas for disposal as well as remains a source of environmental pollution. Further, decreasing dependency on the thermal power plant can provide a hindrance to the fly ash market as these power plants are among the largest source of fly ash production. 

The global fly ash market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated. 

• Based on source, the market is categorized into the power plant and landfill/pond. Among both, the power plant captured a significant portion of the pie and is expected to maintain its position during the forecast period despite decreasing dependency on thermal energy sources. This can be attributed to a large number of coal-fired power plants across the globe which generate millions of tons of fly ash each year. Further, according to IEA, global coal-fired generation has been rebounding strongly in 2021, spurred by rising gas prices in the United States and Europe and increased economic activity in China. Compared with the first half of 2020, the coal generation increase in the first half of 2021 is estimated at nearly 15% 

• Based on application, the market is categorized into Portland cement & concrete, bricks & blocks, road construction, agriculture, and others. Among these, Portland cement & concrete captured a significant portion of the pie and is expected to retain the position during the forecast period owing to the huge production of cement & concrete that is further going to increase with the growth in the construction industry 

Access sample report (including graphs, charts, and figures): https://univdatos.com/reports/fly-ash-market?popup=report-enquiry 

Fly Ash Market Geographical Segmentation Includes: 

• North America (the United States, Canada, and the Rest of North America) 

• Europe (Germany, the United Kingdom, France, Italy, Spain, and the Rest of Europe) 

• Asia-Pacific (China, India, Japan, and the Rest of Asia-Pacific) 

• Rest of the World 

Asia-Pacific countries like China and India are among the largest producer of energy using thermal power plants thereby generating a large amount of fly ash. Further, from a demand-side perspective, the regional economies are increasingly investing in the development of infrastructure to meet the growing regional population demand. For instance, in October 2021, the Indian government launched the “Gati Shakti Master Plan”, a US$ 1.3 trillion (INR 100 lakh-crore) project for developing ‘holistic infrastructure’. 

The major players targeting the market include :

• Boral Limited 

• CEMEX S.A.B. de C.V. 

• Holcim Group 

• Charah Solutions Inc. 

• WM Intellectual Property Holdings LLC 

• Separation Technologies LLC 

• Salt River Materials Group 

• Ashtech India Private Limited 

• SEFA Group 

• Cement Australia Holdings Pty Limited 

Competitive Landscape 

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the market. The major players have been analyzed by using research methodologies for getting insight views on global competition. 

Key questions resolved through this analytical market research report include: 

• What are the latest trends, new patterns, and technological advancements in the fly ash market? 

• Which factors are influencing the fly ash market over the forecast period? 

• What are the global challenges, threats, and risks in the fly ash market? 

• Which factors are propelling and restraining the fly ash market? 

• What are the demanding global regions of the fly ash market? 

• What will be the global market size in the upcoming years? 

• What are the crucial market acquisition strategies and policies applied by global companies? 

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs. 

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