Fly ash is obtained from one of the biggest sources of air pollution and carbon dioxide emissions on Earth. The main reason that fly ash is considered to be eco-friendly when used in construction is that it is recycled material. Fly ash concrete has the ability to simultaneously curb global carbon emissions while developing better and more durable infrastructure. Fly ash products do not require the high-temperature processing of cement and have the same compressive strength as cement. Furthermore, it requires only a small fraction of the sodium-based activation chemicals used to harden the cement. The researchers are focusing on developing new and innovative products of fly ash that can be used in a variety of applications. For instance, the researchers from Rice University have developed a new composite binder that can completely replace cement and also reduce waste from power plants. Fly ash is composed of airborne particles created as coal is burned in power plants. This material is usually captured, and while some are recycled, most ends up in the landfill. In the developed and developing nations such as the United States, Germany, China, and India, among others, the building and constructing industry is prospering on the back of rapid urbanization. For the construction sector, cement is an important material, and the consumers are looking for more environment-friendly versions of it in order to build robust skyscrapers and other concrete structures. Therefore, fly ash has emerged as a premium substitute for Portland cement for the building and construction industry.
The global fly ash market accounted to US$ 6,863.5 Mn in 2018 and is expected to grow at a CAGR of 7.9% during the forecast period 2019 – 2027, to account to US$ 13,502.7 Mn by 2027.
Get Sample PDF @ https://www.theinsightpartners.com/sample/TIPRE00002801/
The report segments the global fly ash market as follows:
Global Fly Ash Market – By Type
Global Fly Ash Market – By Application
Global Fly Ash Market – By Geography
Market Insights
Increasing Governmental Initiatives towards Utilization of Fly Ash
The cement industry globally is facing a significant challenge in procuring raw materials due to the increase in scarcity of limestone, fossil fuels, and others. On the other hand, the growth in the construction sector worldwide is rising at a faster pace due to the growing demand for commercial, residential, and industries sectors. These factors are directly proportional to the growth in demand for cement. This factor has risen the demand for other alternatives to Ordinary Portland Cement (OPC), i.e., fly ash. Therefore, the increasing demand for cement, as well as the rising quantity of industrial byproducts, has propelled the governments of various countries to undertake initiatives to utilize the industrial byproducts into cement manufacturing. For instance, in 2017, the government of India has issued a decision on setting up of cement factories near various thermal power plant across the country. This step is expected to reuse the fly ash produced from the thermal power plants, in manufacturing cement. Therefore, increasing government initiatives towards utilization of fly ash further drive the global fly ash market.
Rising Use of Fly Ash in Agriculture provides opportunity for the market growth
Fly Ash is a coal combustion by-product produced in the thermal power plants. The disposal of the high amount of fly ash from thermal power plants absorbs a high amount of energy, water, and land area. Therefore, fly-ash management is a critical issue faced by different countries. However, recent studies have proposed that fly ash can be applied in the agriculture sector as a soil ameliorate. Fly ash may improve physical, chemical and biological properties of the degraded soils and is also a source of readily available plant micronutrients and macronutrients. Fly-ash has potential in agriculture application due to its efficacy in the modification of soil health and crop performance. Also, the high concentration of elements such as Ca, Mg, K, Na, Zn, and Fe in fly ash increases the yield of many agricultural crops. Therefore, rising demand for fly ash in agriculture is expected to provide growth opportunities to industry players in the global Fly Ash market.
Company Profiles
Buy Now @ https://www.theinsightpartners.com/buy/TIPRE00002801/
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
533, 5th Floor, Amanora Chambers,
Amanora Township, East Block,
Kharadi Road, Hadapsar, Pune-411028