Fly ash is the finely divided residue that results from the combustion of pulverized coal and is transported from the combustion chamber by exhaust gases.
The Global Fly Ash Market size was valued at USD 4088.11 Million in 2020 and it is expected to register approximately USD 6,008 Million in 2027 with a CAGR of 5.66% from 2020 to 2027. The growing concern for sustainability, efficient materials for the building and construction industry, increasing investments in the infrastructure sector are some of the key trends escalating market growth. A huge requirement for the construction & buildings for public infrastructure as well as residential sectors is anticipated to accelerate the market in the upcoming years. The study includes drivers and restraints for the Fly ash market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the fly ash market on a global level.
In order to give the users of this report a comprehensive view of the fly ash market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein the product type segment and application segment are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launches, agreements, partnerships, collaborations & joint ventures, research & development, technology, and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, the product portfolio of various companies according to the region.
The study provides a decisive view of the fly ash market by segmenting the market based on product type, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2024. The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. This segmentation includes demand for Fly ash market based on all segments in all the regions and countries.
Class F fly ash holds the majority of the fly ash market during the forecast period. Due to its durability, high strength, and widespread applications are anticipated to propel the market. It’s especially features increased compressive strengths, increased resistance to alkali-silica reaction (ASR), increased resistance to sulfate attack, less heat generation during hydration widens its market acceptability.
The Portland cement and concrete are mostly used in applications of the fly ash market. The application of fly ash as a supplementary cementitious material has a huge potential in concrete as well as Portland cement. Fly ash is now used in concretes to improve the workability of plastic concrete, adds more strength, and enhances the durability of hardened concrete. It is a cost-effective solution as well.
The Asia Pacific registered the majority of the market share of the fly ash market due to increasing popularity by adapted building materials to limit GHG emission and also holds a positive impact on the fly ash market growth over the coming years. Moreover, the global shift toward greener cement is expected to accelerate market growth.
The decreasing consumption of coals for the purpose of power generation through thermal power plants affects the production of fly ash in the United States, as coal combustion products are generally used to extract fly ash and which is further processed for manufacturing cement. This is one of the major reason for which the United State has a higher import of fly ash from the countries which are still running on coal based power generation. The production of clinker is the most energy-intensive and CO2-emitting step of the cement-making process, reductions in the clinker/cement ratio (through the use of clinker substitutes) reduce energy use and process CO2 emissions. As per IEA, The possible way to reduce energy and process emissions in cement production is to blend cement with increased proportions of alternative (non-clinker) feedstocks, such as volcanic ash, granulated blast furnace slag from iron production, or fly ash from coal-fired power generation.
Pozzolan cement materials, in general, do not require pyro-processing and can save significant quantities of energy and lower CO2 emissions when supplementing regular cement. The concretes are now using increased usage and high-volume usage of pozzolans, primarily fly ash. The economic and environmental benefits of adding pozzolan seem to indicate the regular and high-volume use in the standard practice of the concrete industry. The United States Environmental Protection Agency requires fly ash content in concrete to be utilized in buildings that obtain federal funding.
The coal-fired power fly ash is sometimes used as a source of silica in cement manufacturing but is more commonly used in concrete production as a substitute for a portion of the cement. It is beneficial as it reduces solid waste and overall energy use since it does not require pyro processing. According to the American Coal Ash Association (ACAA), Fly ash can readily substitute 15 to 35% of the cement in concrete mixes, and in some applications, fly ash content can be as high as 70%.
The fly ash and slags react with any free lime left after the hydration to form calcium silicate hydrate, which is similar to the tricalcium and dicalcium silicates formed in cement curing. The process increases strength, improves sulfate resistance, decreases permeability, reduces the water ratio required, and improves the pump ability and workability of the concrete. Fly ash has higher acceptability in the construction industry as a building material and has the potentials to substitute clinker for the manufacturing of cement and concretes.
This report segments the global fly ash market as follows:
Global Fly ash Market: Product Type Segment Analysis
Global Fly Ash Market: Application Segment Analysis
- Portland Cement & Concrete
- Bricks & Blocks
- Road Construction
- Others (Mining, Chemicals, Water Treatment, Flowable Fills, Structural Fills, Waste Management)
Global Fly Ash Market: Key Market Players
Global Fly Ash Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa