Rapid Urbanization and Growth in Construction Sector is Envisioned to Bolster the Demand for Fly Ash: says Research Nester

High strength, advanced material properties, highly economical and environment friendly are some of the factors for rising popularity of fly ash among the construction industry. Fly ash is also used for landfilling application in various countries in Europe due to the large scale availability of fly ash. The fly ash has the property to resist thermal cracking which prevents the building from cracks. Moreover, the shrinkage of fly ash is very less which allows the construction players to prefer it instead of cement. The fly ash is used in concrete in order to increase the strength of the building and to protect it from cracking. These rising applications of fly ash are anticipated to impel the demand for fly ash in Europe and North Africa. Further, the economic recovery in North Africa region is the key factor which is uplifting the construction sector. The demand for fly ash in this region is rising on the back of positive growth in construction sector.
Europe and North Africa fly ash market is anticipated to expand at a significant annual compound growth rate (CAGR) of 8.5% during the forecast period i.e. 2016-2023.
The Class F fly ash segment is projected to dominate the Europe and North Africa fly ash market by the end of period 2023. The Class F fly ash segment is anticipated to expand at a CAGR of 9.2% during the forecast period i.e. 2016-2023. Further, use of Class F fly ash increases the permeability when compared to Class C fly ash. It is also used by the contractors and the builders as it enhances the strength in a shorter period of time.
Europe and North Africa fly ash market is segmented on the basis of product type and application. Based on application type, the market is further sub-divided into the portland cement, road construction, fire bricks, agriculture, decorative glass and other applications. With 35.3% share, the portland cement segment holded the largest share in 2016. Portland cement segment is further projected to witness the CAGR of 9.7% during the forecast period i.e. 2016-2023.
The report titled “Europe and North Africa fly ash Market Outlook 2023” also includes some prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter’s five force model.
This report also studies existing competitive scenario of some of the key players of fly ash market which includes profiling of Lafarge, Sika, Cemex, Power Mineral GmbH, Separation Technologies LLC, Loccioni group, Boral Limited. The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Europe and North Africa fly ash Market Outlook 2023”, analyses the overall fly ash industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in Europe and North Africa fly ash Market in near future."