The global fly ash market size reached US$ 13.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 21.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.37% during 2024-2032.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Fly Ash Market: Global
Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-
2032," the global fly ash market size reached US$ 13.5 Billion in 2023.
Fly ash, or fuel ash, refers to a very fine, dark-fleck powdery substance
consisting of spherical and glassy particles with fewer microns that flies in
residue from the coal combustion of pulverized coal. It is transported from the
chambers along with flue gases and is captured by particle filtration
equipment, such as scrubbers, electrostatic precipitators, or fabric filters. It is
mainly composed of aluminous and siliceous oxides, such as aluminum oxide
(Al2O3), silicon dioxide (SiO2), calcium oxide (CaO), and ferric oxide (Fe2O3).
Previously, fly ash was produced as a by-product through burning coal-fired
power plants and was considered very low in value, mostly used for landfilling
purposes. However, at present, a huge amount of fly ash is generated from
various coal-fired electric steam generating and thermal power plants that are
useful as a pozzolanic additive in cement. Apart from this, fly ash contains
aluminous and is eco-friendly as it does not emit greenhouse gas (GHG)
emissions; thus, it is extensively used as a substitute for traditional material in
concrete, which further helps engineer tiles, ceramics, and hollow blocks.
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ash-market/requestsample
4. Report Description
Global Fly Ash Market Trends:
The exponential growth of the construction industry across the globe represents one of the prime factors driving
the market growth. Fly ash is frequently utilized as an additive in concrete and as an alternative to cement due to
its improved strength, segregation, and durability, reduced permeability and workload, and ease of pumping. In
line with this, the increasing number of infrastructural development and renovation projects, particularly roadways
and highway construction, is acting as another growth-inducing factor. Additionally, the large-scale product
utilization to manufacture numerous cement-based products, such as concrete blocks, cement bricks, and poured
concrete, is contributing to the market growth. Furthermore, the escalating need for clean water across residential
and industrial areas has prompted workers to deploy fly ash in wastewater treatment operations as they remove
pollutants from the asset. This, in turn, is favoring the market growth. Moreover, the enforcement of stringent
green government regulations has intensified the uptake of fly ash as its coal combustion is eco-friendly, which
further reduces the burden of disposing of the by-products into landfills and ponds. Apart from this, rapid
urbanization, recent mergers and acquisitions (M&A) amongst key players, and extensive research and
development (R&D) activities to identify other suitable product deployments are creating a positive outlook for the
market.
Looking forward, the market value is expected to reach US$ 21.7 Billion by 2032, at a projected CAGR of
5.37% during 2024-2032.
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5. Report
Segmentation
Breakup by Type:
• Class F
• Class C
Breakup by Application:
• Construction
o Bricks and Blocks
o Road Construction
o Portland Cement and Concrete
• Agriculture
• Mining
• Water Treatment
• Others
7. Competitive
Landscape with
Key Players
• Aceton Industries LLP
• Ashtech India Pvt. Ltd.
• Boral Limited
• Cemex S.A.B. de C.V.
• Charah Solutions Inc.
• Holcim Group
• National Minerals Corporation
• Salt River Materials Group
• Suyog Suppliers
• The SEFA Group
• Titan America LLC (Titan Cement International
SA)
• Waste Management Inc.
8. Key Questions
Answered in
the Report
What was the size of the global fly ash market in 2023?
What is the expected growth rate of the global fly ash market
during 2024-2032?
What are the key factors driving the global fly ash market?
What has been the impact of COVID-19 on the global fly ash
market?
What is the breakup of the global fly ash market based on the
type?
What is the breakup of the global fly ash market based on the
application?
What are the key regions in the global fly ash market?
Who are the key players/companies in the global fly ash
market?
9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Fly Ash Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Class F
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 Class C
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
7 Market Breakup by Application
7.1 Construction
7.1.1 Mark et Trends
7.1.2 Key Segments
7.1.2.1 Bricks and Block s
10. Table of
Contents
7.1.2.2 Road Construction
7.1.2.3 Portland Cement and Concrete
7.1.3 Mark et Forecast
7.2 Agriculture
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Mining
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
7.4 W ater T reatment
7.4.1 Mark et Trends
7.4.2 Mark et Forecast
7.5 Others
7.5.1 Mark et Trends
7.5.2 Mark et Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Mark et Trends
8.1.1.2 Mark et Forecast
8.1.2 Canada
8.1.2.1 Mark et Trends
8.1.2.2 Mark et Forecast
8.2 Asia -Pacific
8.2.1 China
8.2.1.1 Mark et Trends
8.2.1.2 Mark et Forecast
8.2.2 Japan
8.2.2.1 Mark et Trends
8.2.2.2 Mark et Forecast
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