1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 SCOPE OF THE STUDY 17
1.3.1 REGIONAL SCOPE 17
1.3.2 MARKETS COVERED 17
1.3.3 YEARS CONSIDERED IN THE REPORT 18
1.4 CURRENCY & PRICING 18
1.5 STAKEHOLDERS 18

2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 KEY DATA FROM SECONDARY SOURCES 20
2.1.2 KEY DATA FROM PRIMARY SOURCES 21
2.1.2.1 Key industry insights 21
2.2 MARKET SIZE ESTIMATION 22
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 24
2.4 ASSUMPTIONS 25
2.5 LIMITATIONS 25

3 EXECUTIVE SUMMARY 26

4 PREMIUM INSIGHTS 29
4.1 ATTRACTIVE OPPORTUNITIES IN FLY ASH MARKET 29
4.2 FLY ASH MARKET, BY REGION 30
4.3 ASIA PACIFIC FLY ASH MARKET, BY TYPE & COUNTRY 30
4.4 FLY ASH MARKET, BY APPLICATION & REGION 31
4.5 TOP COUNTRIES IN FLY ASH MARKET 31

5 MARKET OVERVIEW 32
5.1 INTRODUCTION 32
5.2 EVOLUTION 32
5.3 MARKET DYNAMICS 33
5.3.1 DRIVERS 33
5.3.1.1 Growth of the global construction industry 33
5.3.1.2 Increasing focus on infrastructure and road paving in the Asia Pacific 34
5.3.1.3 Reduced environmental hazards due to the use of
fly ash for construction 34
5.3.1.4 Promotion of fly ash by governments of various countries 34
5.3.2 RESTRAINTS 35
5.3.2.1 Disadvantages of the use of fly ash 35
5.3.3 OPPORTUNITIES 35
5.3.3.1 Environment-friendly construction product 35
5.3.4 CHALLENGES 35
5.3.4.1 Decreasing use of thermal power in the energy mix 35
5.4 MACROECONOMIC INDICATORS 36
5.4.1 ANNUAL GDP GROWTH OF MAJOR ECONOMIES 36
5.4.2 ROAD CONSTRUCTION 37
5.5 PORTER’S FIVE FORCES ANALYSIS 38
5.5.1 BARGAINING POWER OF SUPPLIERS 38
5.5.2 THREAT OF NEW ENTRANTS 39
5.5.3 THREAT OF SUBSTITUTES 39
5.5.4 BARGAINING POWER OF BUYERS 39
5.5.5 INTENSITY OF COMPETITIVE RIVALRY 39

6 FLY ASH MARKET, BY SOURCE TYPE 40
6.1 INTRODUCTION 40
6.2 POWER PLANTS 41
6.2.1 LOSS OF IGNITION (LOI) 41
6.2.2 FINENESS 41
6.2.3 CHEMICAL COMPOSITION 41
6.2.4 UNIFORMITY 41
6.3 LANDFILL/POND 42

7 FLY ASH MARKET, BY TYPE 43
7.1 INTRODUCTION 44
7.2 CLASS F 45
7.2.1 CLASS F FLY ASH TO HOLD THE LARGEST MARKET SHARE THROUGH 2023 45
7.3 CLASS C 46
7.3.1 ROAD CONSTRUCTION APPLICATION TO DRIVE THE CLASS C FLY ASH MARKET 46

8 FLY ASH MARKET, BY APPLICATION 47
8.1 INTRODUCTION 48
8.2 PORTLAND CEMENT & CONCRETE 49
8.2.1 PORTLAND CEMENT & CONCRETE TO HOLD THE LARGEST MARKET SHARE THROUGH 2023 49
8.3 ROAD CONSTRUCTION 50
8.3.1 ROAD CONSTRUCTION TO GROW DUE TO GROWTH IN
INFRASTRUCTURE INDUSTRY IN ASIA PACIFIC AND NORTH AMERICA 50
8.4 BRICKS & BLOCKS 51
8.4.1 BRICKS & BLOCKS TO GROW DUE TO RISE IN
GLOBAL CONSTRUCTION ACTIVITIES 51
8.5 AGRICULTURE 52
8.5.1 DEMAND FOR FLY ASH IN AGRICULTURE APPLICATION DRIVEN BY
RISING CONSUMPTION FROM CHINA AND INDIA 52
8.6 OTHERS 53

9 FLY ASH MARKET, BY REGION 55
9.1 INTRODUCTION 56
9.2 ASIA PACIFIC 58
9.2.1 CHINA 61
9.2.1.1 The presence of large number of coal power plants has ensured significant supply of fly ash in China 61
9.2.2 INDIA 62
9.2.2.1 India to have the second largest share in the Asia Pacific
fly ash market 62
9.2.3 JAPAN 64
9.2.3.1 Demand from the general, residential, and civil construction sectors has driven the market for fly ash in Japan 64
9.2.4 AUSTRALIA 66
9.2.4.1 The growth in the Australian infrastructure sector has increased the demand of fly ash 66
9.2.5 INDONESIA 67
9.2.5.1 The growing urban population of Indonesia and rising disposable income of its middle-class population are fueling the growth of the construction sector in the country 67
9.2.6 REST OF ASIA PACIFIC 69
9.3 NORTH AMERICA 71
9.3.1 US 74
9.3.1.1 Increased construction spending is driving the fly ash market in
the US 74
9.3.2 CANADA 75
9.3.2.1 The growth in roadways and construction activities in Canadian states, such as Ontario and New Brunswick is driving the
fly ash market 75
9.3.3 MEXICO 77
9.3.3.1 Development of ports, roads, highways, airports, railways,
and power utilities has increased the demand of fly ash in Mexico 77
9.4 EUROPE 79
9.4.1 GERMANY 82
9.4.1.1 Economic reforms and favorable financial policies have led to growth in the German construction industry 82
9.4.2 UK 83
9.4.2.1 Growth in the housing, commercial, and civil engineering construction has driven the fly ash ash market in the UK 83
9.4.3 POLAND 85
9.4.3.1 Government investments in infrastructure, energy, and housing projects have led to growth in the fly ash market in Poland 85
9.4.4 SPAIN 86
9.4.4.1 Growth in the residential construction sector has led to growth in
the Spain fly ash market 86
9.4.5 FRANCE 88
9.4.5.1 Increasing consumption of Portland cement and concrete is
expected to drive the fly ash market in France 88
9.4.6 ITALY 89
9.4.6.1 Government investments in infrastructural projects is driving
the fly ash market in Italy 89
9.4.7 REST OF EUROPE 91
9.5 MIDDLE EAST & AFRICA 92
9.5.1 SOUTH AFRICA 95
9.5.1.1 Government investment in low-cost housing projects and renewable energy projects is expected to drive the fly ash market in South Africa 95
9.5.2 SAUDI ARABIA 96
9.5.2.1 Modernization of transport systems, and maintenance of the
existing road networks is driving the fly ash market in Saudi Arabia 96
9.5.3 REST OF MIDDLE EAST & AFRICA 98
9.6 SOUTH AMERICA 99
9.6.1 BRAZIL 102
9.6.1.1 Deteriorating business environment and weak investor confidence has led to slow growth in the fly ash market in Brazil 102
9.6.2 ARGENTINA 103
9.6.2.1 High interest rates and currency devaluation has led to moderate growth in the fly ash market in Argentina 103
9.6.3 REST OF SOUTH AMERICA 104

10 COMPETITIVE LANDSCAPE 106
10.1 OVERVIEW 106
10.2 MARKET RANKING ANALYSIS 107
10.3 COMPETITIVE SITUATIONS & TRENDS 108
10.3.1 EXPANSIONS 108
10.3.2 ACQUISITIONS 108
10.3.3 AGREEMENTS 109
10.3.4 JOINT VENTURES 109
10.3.5 PARTNERSHIPS 109
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11 COMPANY PROFILES 110
(Business Overview, Products & Services Offered, Recent Developments, SWOT Analysis)*
11.1 BORAL LIMITED 110
11.2 CHARAH SOLUTIONS 113
11.3 CEMEX 115
11.4 LAFARGE NORTH AMERICA INC. 117
11.5 FLYASHDIRECT 119
11.6 SEFA 120
11.7 SEPARATION TECHNOLOGIES LLC 121
11.8 AGGREGATE INDUSTRIES 122
11.9 SALT RIVER MATERIALS GROUP 123
11.10 ASHTECH (INDIA) PVT. LTD. 124
*Details on Business Overview, Products & Services Offered, Recent Developments, SWOT Analysis might not be captured in case of unlisted companies.
11.11 OTHER COMPANIES 125
12 ANNEXTURES 126
12.1 COMPOSITION OF CLASS C FLY ASH, CLASS F FLY ASH, AND PORTLAND CEMENT 126
12.2 STANDARD SPECIFICATIONS FOR FLY ASH QUALITY ASSURANCE IN THE US 126
12.3 SPECIFICATIONS FOR FLY ASH FOR ASTM C 618 126
12.4 STATE-WISE FLY ASH SUPPLY SCENARIO IN THE US 127
12.4.1 REGION-NORTHEAST 127
12.4.2 REGION-MIDWEST 127
12.4.3 REGION-SOUTH 128
12.4.4 REGION-WEST 128
12.5 REGIONWISE-WISE PRICING SCENARIO IN THE US 129
13 APPENDIX 130
13.1 DISCUSSION GUIDE 130
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 133
13.3 AVAILABLE CUSTOMIZATIONS 135
13.4 RELATED REPORTS 135
13.5 AUTHOR DETAILS 136