North America Fly Ash Market to Grow at a CAGR of 4.6% to reach US$ 5,231.50 Million from 2021 to 2028

The North America fly ash market is expected to grow from US$ 3,807.15 million in 2021 to US$ 5,231.50 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028.

Fly ash is used in various applications such as cement and concrete, block and brick, mining, fills and embankments, many others. Due to its pozzolanic feature, the use of fly ash in concrete is quite beneficial, as it improves concrete's durability. In the manufacturing of Portland cement concrete, fly ash is utilized as a supplementary cementitious material (SCM) to improve the performance of this concrete. Fly ash bricks are used as a building material in place of clay bricks. Compared to traditional clay bricks, fly ash bricks are lighter and more robust, are low-cost, do not require plaster, and can help reduce building expenses and soil erosion. Due to their high strength, lightweight, and sustainability, these bricks and blocks are rapidly replacing conventional clay bricks for the construction of residential and commercial buildings, in turn, boosting the demand for fly ash. Moreover, fly ash is used as filler and road embankment materials, due to its significant properties, such as shear strength, compressibility, and permeability. The governments of several countries are encouraging the use of fly ash for road embankments, propelling the market’s growth. Further, the increasing use of fly ash in other applications, such as soil stabilization and waste stabilization, is also driving the North America fly ash market significantly.

In case of COVID-19, North America is highly affected specially the US. The unprecedented rise in the number of COVID-19 cases across the US and Canada and the subsequent lockdown of numerous manufacturing facilities in the countries have negatively influenced the growth of the various markets. According to the Energy Information Administration (EIA), US coal production fell to its lowest level since 1965 in 2020 due to low worldwide demand after the COVID-19 pandemic. This has impacted the fly ash market in the region. Moreover, the construction industry has been adversely impacted by the COVID-19 pandemic in the US. The construction industry has faced supply chain issues in terms of the supply of construction materials. However, the market is reviving on account of the government's significant measures such as vaccination drives. The construction industry is also overcoming the challenges of supply chain disruptions of their raw materials. This is expected to provide the impetus for market growth.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America fly ash market. The North America fly ash market is expected to grow at a good CAGR during the forecast period.  

North America Fly Ash Market Revenue and Forecast to 2028 (US$ Million)

 

North America Fly Ash Market Segmentation        

North America Fly Ash Market – By Type

• Type F
• Type C

North America Fly Ash Market – By Application

• Cement and Concrete
• Block and Brick
• Mining
• Road Stabilization
• Fills and Embankments
• Waste Stabilization
• Others

 North America Fly Ash Market, by Country

• US
• Canada

North America Fly Ash Market - Companies Mentioned

• Aceton Industries, LLP
• Ashtech India Pvt. Ltd
• Boral 
• CEMEX S.A.B. DE C.V.
• Charah Solutions, Inc.
• HOLCIM
• Salt River Materials Group
• Titan America, LLC.
• Waste Management, Inc.

North America Fly Ash Market Report Scope