Fly Ash Market Revenue | Share, Size, Growth, Trending Report, Report Fastest Growth, Outlook and Forecast
Market Overview: The global fly ash market revenue was valued at USD 3.4 Bn in 2017 and is projected to reach USD 5.5 Bn in 2023. As per the analysis of Market Research Future (MRFR), the global fly ash market is expected to capture a CAGR of 6.65% over the forecast period of 2016-2023. Heightened demand for unsaturated polyester resin (UPR) is one of the preliminary factors that is fostering the growth of the global fly ash market. Desirable properties of UPR such as tensile strength, flexural strength, impact strength, damping, thermal expansion, and corrosion resistance in particular results in increased demand from the construction industry. They are used for roofing, building panels, reinforcement, and for the formulation of simulated stones, rocks, marbles, and fiber-strengthened plastics (FRP). Increasing consumption of fly ash in the automotive industry can also be attributed for the growth of the global fly ash market. Fly ash is applied in the automotive industry to make