Asia Pacific Region holds the Prominent Share of the Global Fly Ash Market- Exclusive Report by MarketsandMarkets™
Verfasser: ashwani_kailiya on Tuesday, 27 December 2022Fly ash is a fine powdery material that is a by-product of burning coal in electric power plants. Fly ash is often used in the construction industry as an ingredient in concrete and cement. It can also be used as a filler in asphalt, as a soil stabilizer, and as a component in bricks and blocks. Fly ash is in high demand due to its beneficial properties and its ability to reduce or eliminate the need for other materials, such as Portland cement. It has become increasingly popular as a cheaper alternative to traditional construction materials. Fly ash is also popular because it is non-hazardous and readily available. It is also a very sustainable construction material, as it is made from a renewable source.
The global fly ash market size is estimated to reach USD 5.7 billion by 2027, registering a CAGR of 6.0%, according to a new study by MarketsandMarkets™. Growing demand for fly ash in the production of building materials and construction products is expected to drive the market over the forecast period. Fly ash is a by-product of burning coal in thermal power plants. It is composed of fine particles of silica, alumina, and iron. Fly ash is widely used in the production of cement, concrete, bricks, and other building materials due to its pozzolanic properties.