https://www.fortunebusinessinsights.com/industry-reports/fly-ash-market-101087


https://www.fortunebusinessinsights.com/enquiry/sample/fly-ash-market-101087

Fly Ash Market Industry Developments and Future Outlook 2032

The global fly ash market size was valued at USD 13.51 billion in 2023. The market is projected
to grow from USD 14.31 billion in 2024 to USD 23.85 billion by 2032 at a CAGR of 6.6% during
the forecast period. Asia Pacific dominated the fly ash market with a market share of 74.69% in
2023. The expansion is on account of increasing awareness regarding the usage of the product
as an additive in cement.
Fortune Business Insights™ publishes this information in a report titled, "Fly Ash Market, 2024-
2032".

Tariff Impact Analysis for Fly Ash
Market: https://www.fortunebusinessinsights.com/enquiry/sample/fly-ash-market-101087
List of Key Players Profiled in the Report:
 Boral Ltd. (Australia)
 Cemex S.A.B. De C.V. (Mexico)
 Holcim Ltd. (Switzerland)
 Charah, LLC. (U.S.)
 Titan America LLC (U.S.)
 Cement Australia Pty Limited (Australia)
 Salt River Materials Group (U.S.)
 Southeastern Fly Ash Company (U.S.)
 Tarmac Holdings Limited (U.K.)
 Aggregate Industries (U.K.)
Segments:
Class F Segment to Dominate Global Market Owing to Advantage of Less Heat Generation
By type, the market is bifurcated into Class F and Class C. Class F ash is created from bituminous
and anthracite coals. This class consists of silica and alumina and lower calcium content. The
Class F segment is expected to lead the market due to its advantages such as increased
compressive strength and less heat generation.
Fly, or flue ash is a fine substance that flies from coal combustion chambers and is captured by
emission control equipment such as scrubbers, electrostatic precipitators, or fabric filters. A
huge amount of ash is produced from various thermal power plants, and its disposal has
become a crucial environmental challenge. Traditionally, flue ash was generated by burning
coal-fired power plants, and the material was considered of very low value as it was only used
for landfilling. In recent days, its utilization in cement has become an important discovery as it
is used as a pozzolanic additive in cement. In the U.S., more than half of the concrete produced
today uses coal ash in some quantity as a substitute for traditional material.
Cement & Concrete Segment Leads the Market Due to Increased Demand from Construction
Sector
Based on application, the market is categorized into cement & concretes, fills & embankments,
waste stabilization, mining, oil field service, road stabilization, and others. The cement &
concrete segment is anticipated to dominate the global market share due to rising product
demand in the construction industry.
Geographically, the market is segmented into North America, Europe, Asia Pacific, Latin
America, and the Middle East & Africa.
Report Coverage:
The report provides insightful data regarding recent trends and advancements in the market.
The impact of the COVID-19 pandemic on market expansion has been mentioned along with
recent business development strategies adopted by the leading players. Also, drivers and
restraints affecting the market growth during the forecast period are highlighted further in this
report. Regional insights on segmented areas are given and a list of key market players is
mentioned further.
Drivers & Restraints:
Rising Commercialization & Industrialization to Augment Market Growth
The market is expected to grow significantly during the forecast period due to the increasing
utilization of fly ash in ceramics. Also, rising renovation and replacement activities are expected
to drive market growth in the coming years. Furthermore, increasing product demand from the
construction industry is anticipated to fuel the market growth. The rising industrialization and
commercialization activities are projected to bolster market development and expansion.

https://www.fortunebusinessinsights.com/industry-reports/fly-ash-market-101087


https://www.fortunebusinessinsights.com/industry-reports/fly-ash-market-101087

However, poor ash quality and issues pertaining to unavailability may hamper the market
growth during the forecast period.
Regional Insights:
Asia Pacific Dominates the Global Market Due to Emerging Construction Industry
Asia Pacific dominates the global fly ash market share due to increasing demand for the product
from the cement industry. Also, leading companies in the region are expected to fuel the
regional market growth.
Europe holds the second-highest global market share due to the rising demand for civil
engineering and construction materials, which is anticipated to fuel the regional market
growth. Furthermore, rapid infrastructure development in developed countries is expected to
propel industry growth.
Information Source: https://www.fortunebusinessinsights.com/industry-reports/fly-ash-
market-101087
Competitive Landscape:
Leading Companies to Augment Growth by Forming Business Agreements
The leading players in the global market focus on forming business agreements with supporting
companies to expand their business reach and improve their performance. The companies
adopt recent technologies to launch new products to meet customer demands and ensure
customer satisfaction. These factors ensure enhanced brand image to strengthen industry
footing.
Key Industry Development:
 December 2021: Boral entered into an agreement with Eco Material Technologies Inc.
to sell its North American fly ash business for USD 755.0 million. The transaction will
complete Boral’s portfolio realignment and strategic refocus on its construction
materials business in Australia.