Global flyash market to grow quickly over coming years
Published by Jonathan Rowland,
Editor
World Cement,
The global market for flyash will reach US$5.97 billion by 2021, according to a new report from MarketsandMarkets. The market was valued at 4.54 billion in 2016 but is expected to grow at a CAGR of 5.7% over the next five years.
The global market for flyash will reach US$5.97 billion by 2021, according to a new report from MarketsandMarkets. The market was valued at 4.54 billion in 2016 but is expected to grow at a CAGR of 5.7% over the next five years.
Growth in the flyash market will be based on a number of factors, including construction industry growth, where flyash is increasing in prominence as an alternative cementitious material.
The OPC and concrete industry accounted for the largest segment of the flyash market in 2015, with Asia Pacific the largest consumer region.
Other factures, such as an increasing focus on infrastructure and road paving, problems related to dumping fly ash, promotion of flyash by governments of various countries, and increasing focus on the use of environment-friendly products, will also help to drive growth.
Read the article online at: https://www.worldcement.com/special-reports/14042017/global-flyash-market-to-grow-quickly-over-coming-years/
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