Key Highlights
• Fly ash is fine dust that is a by-product of burning coal in power plants and factories. Containing mineral particles carried by exhaust gases and collected by air pollution control, fly ash is a versatile material with important applications. Fly ash is divided into two main types, Class F and Class C, according to its chemical composition and reactivity, and is an important component in household appliances. It acts as an additional cementitious material in concrete production, improving workability, durability and strength while reducing environmental impact by changing some of the cement content. In addition, cultural and economic savings are achieved by using fly ash in cement production, construction, ground stabilization, brick and block production.
• The market size of the worldwide fly ash market surpassed USD XX billion in 2022, and by 2032, it is projected to reach USD XX billion, boosting at a CAGR of XX%.
• In January 2023, Northstar Advisors Pte. Ltd. Acquired Trans Ash Inc., a leader in energy products for North American energy consumers. The acquisition of the two companies will expand Northstar Group's existing capacity to serve the coal ash industry.
• Population growth, increasing industrialization and improving living standards increase the demand for fly ash in construction. Fly ash is used in the construction of embankments and roller compacted concrete dams. Fly ash is used as a filling material in drains and processes due to its permeability and strength. It can also be used as a filler to fill gaps in asphalt pavements. The worldwide growth of the construction industry creates demand for fly ash. Due to the low level of fly ash and environmental protection, the governments of many countries have promoted fly ash. Europe has the third largest fly ash market in the world, and the continuous emergence of large-scale projects such as highways and motorways has increased the demand for fly ash. Governments around the world are seeking funding for economic development. For example, in February 2022, the French government collaborated with China to create seven important international projects. The two sides signed a memorandum of understanding for the fourth phase of China-France third-party trade cooperation. According to the agreement, the two countries agreed to invest in various infrastructure projects.
Scope of the Application Profile
Key Players
• Boral Ltd. (Australia)
• Cemex S.A.B. De C.V. (Mexico)
• LafargeHolcim Ltd. (Switzerland)
• Waste Management, Inc. (US)
• Charah, LLC. (US)
• Separation Technologies LLC. (US)
• Cement Australia Pty Limited (Australia)
• Salt River Materials Group (US)
• Ashtech India Pvt. Ltd. (India)
• Duromar, Inc. (US)
Segmentation
By Coal Type
• Bituminous Coal
• Sub bituminous Coal
• Lignite Coal
By Type
• Class F
• Class C
By Boiler Operation
• Low Temperature Fly Ash
• High Temperature Fly Ash
By Application
• Cement & Concretes
• Fills & Embankments
• Waste Stabilization
• Mining
• Oil Field Service
• Road Stabilization
• Other Applications
What to Expect from Application Profile
1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Fly Ash market in the world.
2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Fly Ash market.
3. Leading company profiles reveal details of key Fly Ash market players’ global operations, strategies, financial performance & their recent developments.
4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Fly Ash market with forecast for decade by both market share (%) & revenue (USD Million).
Recent Development
• In January 2023, Northstar Advisors Pte. Ltd. Acquired Trans Ash Inc., a leader in energy products for North American energy consumers. The acquisition of the two companies will expand Northstar Group's existing capacity to serve the coal ash industry.
• In February 2022, Eco Material Technologies acquires Boral Limited's North American fly ash business, Boral Resources, and Green Cement Inc., a manufacturer of zero carbon cement products. The collaboration between the two companies has the potential to have a better impact on the environment by recycling hazardous waste into reduced products..
Segment Insights
By Type
The demand for Class F fly ash is due to its important properties in improving the performance of concrete. Class F fly ash, one of the most popular electrical products, contains pozzolanic materials that increase the performance, durability and strength of concrete over time. With an increasing focus on construction and sustainable practices, the construction industry aims to be more environmentally friendly for cement. Class F fly ash not only reduces cement consumption and carbon emissions, but also reduces the waste disposal of these wastes. This efficient, cost-effective solution has been marketed, but is increasing demand for Class F fly ash as a key ingredient in high-performance models.
By Application
The many advantages of fly ash increase the demand for fly ash in cement and concrete production. As an additional cementitious material, fly ash can improve the workability, durability and strength of concrete. As concerns about sustainability increase, the use of fly ash to reduce the need for clinker production, thus reducing carbon emissions. Its pozzolanic properties help reduce heat generation during concrete curing and provide excellent resistance to harmful chemicals. In addition, the ability of fly ash to increase the durability of concrete and reduce costs supports construction projects trying to solve environmental problems and improve materials, thereby increasing the demand for cement and concrete.
Regional Insights
Asia Pacific is expected to be the largest and fastest growing region during the forecast period due to demand from countries such as China, India and Japan. The demand for fly ash is increasing as governments around the world address health concerns. The use of fly ash results in a lower water-cement ratio for similar mixtures compared to non-fly ash. Governments in countries like Malaysia, Indonesia, China and India are investing more in fly ash infrastructure, which helps reduce emissions due to its low permeability and low carbon dioxide emissions. In the next five years until 2025, the construction industry will reach 43 trillion yuan. The National Development and Reform Commission said that Shanghai plans to invest $38.7 billion in the next three years, while Guangzhou has completed 16 new construction projects worth $8.09 billion. India, infrastructure and affordable housing (e.g. housing for all, smart urban initiatives, etc.) The booming construction sector in the country has driven demand for silicon, which will drive the methyl chloride market throughout the forecast period. Farms use fly ash to stabilize the soil, accounting for around 14% of fly ash. The mining industry is looking for other cargo and fly ash has proven to be an alternative as it reduces drinking water by 50%. The Asia-Pacific region accounts for 38% of the world's mining projects, increasing the demand for fly ash.
1 INTRODUCTION
1.1 Study Objectives
1.2 Market Definitions
1.2.1 Inclusions & Exclusions
1.2.2 Region: Inclusions & Exclusions
1.2.3 Study Scope
1.2.3.1 Markets Covered
1.2.3.2 Regional Scope
1.2.3.3 Years Considered
1.2.4 Currency Considered
1.2.5 Limitations
1.2.6 Summary Of Report (Chapter Wise Summary)
2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary & Primary Research
2.1.2 Secondary Data
2.1.2.1 Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Sources
2.2 Market Breakdown & Data Triangulation
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 EXECUTIVE SUMMARY
4 ACROSS THE GLOBE
4.1 Upcoming Attractive Market Opportunities
4.2 Country Wise Market Growth
4.3 Segment Wise Market Growth
5 MARKET OVERVIEW
5.1 Market Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
5.3 PORTOR’S Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Market Premium insights (Enterprise license)
5.4.1 Case Study Analysis
5.4.2 Country Wise Import & Export Data (If
Applicable)
5.4.3 Regulatory Bodies & Authorization
Across the Globe
5.4.4 Key Conferences & Events: 2022 &
2023
5.4.5 Top Patents for The Market: 2022
6 FLY ASH MARKET OVERVIEW, BY COAL
TYPE
6.1 Global Market Revenue & Share Analysis, By Coal Type
6.1.1 Bituminous Coal
6.1.2 Sub bituminous Coal
6.1.3 Lignite Coal
6.2 Global Market Revenue & Share Analysis, 2018 – 2022
6.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
6.4 Key Takeaways
7 FLY ASH MARKET OVERVIEW, BY TYPE
7.1 Global Market Revenue & Share Analysis, By Type
7.1.1 Class F
7.1.2 Class C
7.2 Global Market Revenue & Share Analysis, 2018 – 2022
7.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
7.4 Key Takeaways
8 FLY ASH MARKET OVERVIEW, BY BOILER
OPERATION
8.1 Global Market Revenue & Share Analysis, By Boiler
Operation
8.1.1 Low Temperature Fly Ash
8.1.2 High Temperature Fly Ash
8.2 Global Market Revenue & Share Analysis, 2018 – 2022
8.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
8.4 Key Takeaways
9 FLY ASH MARKET OVERVIEW, BY
APPLICATION
9.1 Global Market Revenue & Share Analysis, By Application
9.1.1 Cement & Concretes
9.1.2 Fills & Embankments
9.1.3 Waste Stabilization
9.1.4 Mining
9.1.5 Oil Field Service
9.1.6 Road Stabilization
9.1.7 Other Applications
9.2 Global Market Revenue & Share Analysis, 2018 – 2022
9.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
9.4 Key Takeaways
10 FLY ASH MARKET OVERVIEW, BY REGION
10.1 Global Market Revenue & Share Analysis, By Region
10.1.1 North America
10.1.2 Europe
10.1.3 Asia Pacific
10.1.4 Middle East & Africa
10.1.5 South America
10.2 Global Market Revenue & Share Analysis, 2018 – 2022
10.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
10.4 Key Takeaways
11 NORTH AMERICA MARKET ANALYSIS
11.1 North America Market Revenue & Share Analysis, By Coal
Type
11.2 North America Market Revenue & Share Analysis, By Type
11.3 North America Market Revenue & Share Analysis, By Boiler
Operation
11.4 North America Market Revenue & Share Analysis, By
Application
11.5 North America Market Revenue & Share Analysis, By Country
11.5.1 US
11.5.2 Canada
11.5.3 Mexico
11.6 Key Takeaways
12 EUROPE MARKET ANALYSIS
12.1 Europe Market Revenue & Share Analysis, By Coal Type
12.2 Europe Market Revenue & Share Analysis, By Type
12.3 Europe Market Revenue & Share Analysis, By Boiler
Operation
12.4 Europe Market Revenue & Share Analysis, By Application
12.5 Europe Market Revenue & Share Analysis, By Country
12.5.1 UK
12.5.2 Italy
12.5.3 Spain
12.5.4 Germany
12.5.5 France
12.5.6 Rest of Europe
12.6 Key Takeaways
13 ASIA PACIFIC MARKET ANALYSIS
13.1 APAC Market Revenue & Share Analysis, By Coal Type
13.2 APAC Market Revenue & Share Analysis, By Type
13.3 APAC Market Revenue & Share Analysis, By Boiler Operation
13.4 APAC Market Revenue & Share Analysis, By Application
13.5 APAC Market Revenue & Share Analysis, By Country
13.5.1 China
13.5.2 Japan
13.5.3 India
13.5.4 South Korea
13.5.5 Rest of APAC
13.6 Key Takeaways
14 MIDDLE EAST & AFRICA MARKET
ANALYSIS
14.1 MEA Market Revenue & Share Analysis, By Coal Type
14.2 MEA Market Revenue & Share Analysis, By Type
14.3 MEA Market Revenue & Share Analysis, By Boiler Operation
14.4 MEA Market Revenue & Share Analysis, By Application
14.5 MEA Market Revenue & Share Analysis, By Country
14.5.1 GCC
14.5.2 South Africa
14.5.3 Rest of MEA
14.6 Key Takeaways
15 SOUTH AMERICA MARKET ANALYSIS
15.1 SA Market Revenue & Share Analysis, By Coal Type
15.2 SA Market Revenue & Share Analysis, By Type
15.3 SA Market Revenue & Share Analysis, By Boiler Operation
15.4 SA Market Revenue & Share Analysis, By Application
15.5 SA Market Revenue & Share Analysis, By Country
15.5.1 Brazil
15.5.2 Argentina
15.5.3 Rest of SA
15.6 Key Takeaways
16 COMPETITIVE SCENARIO
16.1 Overview
16.2 Key Players Market Share Analysis
16.3 Recent Developments & Source Launches
16.4 Mergers & Acquisitions
16.5 Partnerships, Agreements & Collaborations
17 COMPANY PROFILES
17.1 Overview
17.2 Key players
17.2.1 IBM Corporation (US)
17.2.1.1 Business Overview
17.2.1.2 Product Offered
17.2.1.3 Financial Insights
17.2.1.4 Strategic Developments
17.2.1.4.1 New Product Launches
17.2.1.4.2 Agreements & Collaborations
17.2.1.5 Business Aspects (NOISE Analysis)
17.2.1.5.1 Key Strengths
17.2.1.5.2 Opportunities
17.2.1.5.3 Weaknesses & Competitive Threats
17.2.1.5.4 Needs & Improvements
17.2.2 Boral Ltd. (Australia)
17.2.3 Cemex S.A.B. De C.V. (Mexico)
17.2.4 LafargeHolcim Ltd. (Switzerland)
17.2.5 Waste Management, Inc. (US)
17.2.6 Charah, LLC. (US)
17.2.7 Separation Technologies LLC. (US)
17.2.8 Cement Australia Pty Limited (Australia)
17.2.9 Salt River Materials Group (US)
17.2.10 Ashtech India Pvt. Ltd. (India)
17.2.11 Duromar, Inc. (US)
18 DISCLAIMER
19 APPENDIX
