[Start of Market Research Report Handling] Global Market Report on Fly Ash 2024

■Overview
The market is expected to expand from 6.55 billion USD in 2023 to 7.06 billion USD in 2024, with a CAGR of 7.9%. The expansion observed in the past has been driven by increased construction and infrastructure development, management of coal combustion residues, improvements in concrete performance, government initiatives promoting sustainable construction, and the replacement of Portland cement with fly ash.
The anticipated growth of the fly ash market is expected to be driven by the rapid expansion of the construction industry. The construction industry includes the commercial sector involved in the development, preservation, and repair of infrastructure. Known for its cost performance, fly ash is utilized on construction sites to enhance the strength and durability of hardened concrete and the workability of plastic concrete. Notably, the UK Office for National Statistics reported in February 2022 that the annual growth rate of the construction sector reached a record high of 12.7% compared to the previous year. Furthermore, the U.S. Census Bureau indicated in March 2023 that the number of privately owned housing units authorized by building permits in February increased by a seasonally adjusted 13.8% compared to the previous year.
■Publication
The Business Research Company

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