The Europe and North Africa fly ash market is expected to register a CAGR of 8.5% over the forecast period. Moreover, the Europe and North Africa fly ash market was valued at USD 10 Billion in 2016. The market is expected to expand on the back of the rising adoption of fly Ash in the portland cement sector.
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Europe and North Africa fly ash market is segmented into product type such as Class F and Class C fly ash market. Among these segments, Class F fly ash market is expected to occupy the top position in the market.
The demand for Class F fly ash market is increasing on account of various advantages such as reduced permeability to high water and aggressive chemicals. It makes a properly cured concrete and helps to create the denser product as the size of the pores are reduced.
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The market of portland cement by application is estimated to register a CAGR of 7.3% over the forecast period i.e. 2017-2023. The primary reason for the growth of this segment is the increased amount of fly ash in the Portland cement for increasing the strength and durability of the Portland cement concrete.
Rapid Pace in Construction Sector
Rapid growth in urbanization and construction of smart cities in Europe is one of the key factors which are fuelling the growth of fly ash market. 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. Further, the cement and construction material standards in Egypt is one of the major factors which pushing the material producers to use fly ash as constituents.
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Advantages and High End Properties of Fly Ash
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 on the back of large scale availability.
Moreover, 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.
However, the entry barrier to the fly ash market and its increased cost is hampering the growth of the market in the European and North African region.
The report titled “Europe and North Africa Fly Ash Market Outlook 2023” delivers detailed overview of the Europe and North Africa Fly Ash Market in terms of market segmentation by product type, by application, and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
This report also provides the existing competitive scenario of some of the key players of the Europe and North Africa fly ash market which includes company profiling of Lafarge, Sika, Cemex, Power Mineral GmbH, Separation Technologies LLC, Loccioni group, Boral Limited. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.
On the whole, the report depicts detailed overview of the Europe and North Africa Fly Ash Market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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