Monday, June 20, 2016
Fly Ash Market : Global Industry Research analysis, Market size, Demand and Forecast 2022
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As stated in a recently published information by Credence
Research “Fly Ash Market – Growth, Share, Opportunities,
Competitive Analysis, and Predict 2015 – 2022,” the fly ash market was valued
at US$ 39.54 Bn in 2015, and is expected to reach US$ 64.76 Bn by 2022,
expanding at a CAGR of 7.3% from 2016 to 2022.
Market Insights
Pozzolan is the name coined after the small Italian town of Pozzuoli where hydraulic cement was produced over 2000 years ago. Pozzolans are nothing but siliceous or alumino materials which posses the ability of forming cementious compounds. Fly ash is a Pozzolan which is in the form of fine powder, is the most commonly used material by the construction industry. Therefore, fly ash serves almost all the building and construction applications. Hence, growing constructional activities have created strong demand for fly ash from the building and construction industries on a global scale.
Pozzolan is the name coined after the small Italian town of Pozzuoli where hydraulic cement was produced over 2000 years ago. Pozzolans are nothing but siliceous or alumino materials which posses the ability of forming cementious compounds. Fly ash is a Pozzolan which is in the form of fine powder, is the most commonly used material by the construction industry. Therefore, fly ash serves almost all the building and construction applications. Hence, growing constructional activities have created strong demand for fly ash from the building and construction industries on a global scale.
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Growing
urbanization is one among the major factor driving the growth of global fly ash
market. The need for luxury and rising disposable income of people has led to
increased demand for lavish houses and accommodations. In addition, the
combination of technology and development has led to strong demand for fly ash
in the market due to its properties such as strength, long term durability and
improved quality of finished product. Moreover, the increased use of
environmental friendly products has also boosted market for fly ash as it is
proven to be green building material. These factors have collectively led to
strong demand for fly ash for constructional activities globally. Apart from
fly ash being renowned for its strength properties, it is also used as a soil
stabilizer in the agriculture sector. It is used in the production of
decorative glass and other applications. Therefore, fly ash has created high
opportunities for growth in the market.
Competitive Insights:
Portland cement application accounted for the larger share of global fly ash market in 2015. Portland cement when mixed with water forms insoluble cementious compounds. On addition of fly ash, additional cementious compounds are produced which provide a number of benefits to the final product. Therefore, Portland cement is expected to be the largest application segment of fly ash market and is projected to retain its position during the predict period. Road constructions and fire bricks are expected to follow portland cement in terms of growth as increased use of fly ash is informationed in the market. Agriculture accounted for more than 14% of the global fly ash market and is expected to experience steady growth in the near future due to the substitutes available for soil stabilization. Decorative glass and other applications are also anticipated to demonstrate market growth for fly ash during the predict period from 2016 to 2022.
Portland cement application accounted for the larger share of global fly ash market in 2015. Portland cement when mixed with water forms insoluble cementious compounds. On addition of fly ash, additional cementious compounds are produced which provide a number of benefits to the final product. Therefore, Portland cement is expected to be the largest application segment of fly ash market and is projected to retain its position during the predict period. Road constructions and fire bricks are expected to follow portland cement in terms of growth as increased use of fly ash is informationed in the market. Agriculture accounted for more than 14% of the global fly ash market and is expected to experience steady growth in the near future due to the substitutes available for soil stabilization. Decorative glass and other applications are also anticipated to demonstrate market growth for fly ash during the predict period from 2016 to 2022.
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Key
players dominate the global fly ash market making the entry of new players
difficult. These companies have already established its position in the market
because of high demand for fly ash from various constructional industries
worldwide. Hence, small and new players have to struggle to establish itself in
this competitive market. Major players are focused on improving their market
strategies and adopting new technologies for improving their product portfolio.
Therefore, high competition is observed between the fly ash producers in the
market to gain a strong foothold by competing with the major players globally.
Key Trends:
Reduced water requirement
Improved consolidation and workability
Decreased permeability
Increased compressive strength
Reduced water requirement
Improved consolidation and workability
Decreased permeability
Increased compressive strength
Blog: http://www.pdfdevices.com/fly-ash-market-is-expected-to-reach-us-64-76-bn-by-2022-credence-research/
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith ( Global Sales Manager )
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
Ph: 1-800-361-8290
Website: http://www.credenceresearch.com
Name: Chris Smith ( Global Sales Manager )
Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US
Ph: 1-800-361-8290
Website: http://www.credenceresearch.com
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