Europe and North Africa fly ash market is anticipated to mask a tremendous CAGR of 8.5 % during the forecast period i.e. 2015-2021. Moreover, the Europe and North Africa fly ash market is projected to account exponential revenue by the end of 2021. Additionally, rising number of coal combustion electric power plants is the major factor behind the rising production of fly ash in Europe & North Africa region.
The Class F segment by product type is projected to dominate the Europe and North Africa fly ash market by the end of period 2023. The Class F fly ash based market is anticipated to expand at a CAGR of 9.2% during the forecast period i.e. 2016-2023. Further, use of Class F fly ash increases the permeability when compared to Class C fly ash. It is also used by the contractors and the builders as it enhances the strength in a shorter period of time.
Rapid Urbanization
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. Further, the economic recovery in North Africa region is the major factor which is uplifting the construction sector. This is believed to foster the growth of fly ash market.
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Wide Scale Application
Rising number of coal combustion electric power plants is the major factor behind the rising production of fly ash in Europe & North Africa region. Moreover, the shrinkage of fly ash is very less which allows the construction players to prefer it instead of cement. The fly ash is used in concrete in order to increase the strength of the building and to protect it from cracking. Such rising application is anticipated to impel the demand for fly ash in Europe and North Africa.
Although, the higher permeability of cement due to the poor quality of fly ash is one of the major factors that are restraining the growth of the fly ash market
The report titled “Europe and North Africa Fly Ash Market Analysis & Opportunity Outlook 2023” delivers detailed overview of the Europe and North Africa fly ash market in terms of market segmentation by product type, by 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.
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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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