Rice Husk Ash Market worth 2.42 Bn USD by 2020

Friday 11 March 2016, Amsterdam

The report, now available on ASDReports, "Rice Husk Ash Market by Application (Building & Construction, Steel Industry, Ceramics & Refractory, Rubber, and Others) and Geography (Asia-Pacific, Europe, North America, South America, Row) - Global Forecast to 2020", The global rice husk ash market is projected to reach USD 2.42 Billion by 2020, at a CAGR of 5.15% from 2015 to 2020. Factors such as increase in demand for green silica and growth of various end user industries are expected to drive this market during the forecast period.

The building & construction segment leads the global rice husk ash market

Among applications, the building & construction application segment is projected to lead the global rice husk ash market till 2020, with the segment’s growth projected at the highest CAGR between 2015 and 2020. Increasing demand for light weight construction material in the building & construction industry is expected to drive the growth of this segment.

Asia-Pacific is leading the global rice husk ash market

In terms of value, the Asia-Pacific region is projected to lead the global rice husk ash market till 2020. In terms of volume, the rice husk ash market in Asia-Pacific is expected to grow at the second-highest CAGR during the forecast period, from 2015 to 2020. Rising population and increasing income levels, coupled with strong growth in emerging nations, such as India and China, are major factors expected to fuel the growth of the Asia-Pacific rice husk ash market during the forecast period.

An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at, based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts and key opinion leaders, such as CEOs, directors, and marketing executives. Some of the leading players in this market are Guru Metachem Pvt. Ltd., Yihai Kerry, Jasoriya Rice Mill, Usher Agro, Astra Chemicals, Wadham Energy Limited Partnership, Agrilectric Power, and Rescon (India) Pvt. Ltd. The global rice husk ash market is highly concentrated and is not significantly price sensitive. There is large number of participants in this market owing to low entry barriers, which makes it easy for new entrants to enter into and exit this market anytime, especially in countries like China and India, which are major rice producers.

This research report categorizes the global rice husk ash market on the basis of application, and region. It forecasts volume and revenue as well as analyzes trends in each of the submarkets.