Market Introduction
The fly ash market in Middle East and Africa is segmented into South Africa, Saudi Arabia, the UAE, Ghana, Jordan, Qatar, Kenya, Bahrain, Tanzania, Oman, and the rest of Middle East and Africa. The Middle East and Africa is one of the prominent energy markets across the world and a fertile region for global fly ash suppliers, transporters, and traders. The region is witnessing several structural and economic changes, with Egypt and Qatar dramatically increasing infrastructure, Saudi Arabia mapping out a statewide development strategy, and a rapidly expanding cement market in the UAE. The necessary infrastructure investments, particularly in electricity, water, health, and transportation, would boost the sustained and inclusive growth of the fly ash market in the Middle East and Africa during the forecast period. Furthermore, energy companies in the region intend to continue with infrastructure investment programs to increase the efficiency of the electricity sector. The programs involve recycling industrial waste, such as coal combustion products, and reutilizing them for several applications. This also helps reduce landfills and safeguard the environment, which is expected to boost the growth of the fly ash market across the region in the coming years. Governments and regulatory organizations across the Middle East and Africa are establishing plans to increase electricity supply due to the rising population and growing electricity consumption. This factor is also expected to boost the fly ash market across the Middle East and Africa in the coming years. However, the government is focusing on adopting renewable energy sources for electricity generation. This factor may impact the operations of coal-fired power plants in the region, which may hinder the fly ash market growth during the forecast period.
In the MEA region, South Africa and Israel are among the major countries with a high number of COVID-19 confirmed cases and deaths. The MEA region comprises many growing economies, which are prospective markets for fly ash vendors. The pandemic has significantly slowed down the growth of the fly ash market in the region. The construction industry in the region was facing many challenges, including delays in raw material, much fewer projects, and new restrictions on how laborers could operate on a construction site. The pandemic has disrupted various construction activities in the region. However, the various construction activities are expected to return, with many construction projects in the pipeline.
Market Overview and Dynamics
The MEA fly ash market is expected to grow from US$ 614.31 million in 2021 to US$ 777.11 million by 2028; it is estimated to grow at a CAGR of 3.4% 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 MEA fly ash market significantly.
Key Market Segments
In terms of type, the type C segment accounted for the largest share of the MEA fly ash market in 2020. In terms of application, the cement and concrete segment held a larger market share of the MEA fly ash market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the MEA fly ash market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Aceton Industries, LLP; Ashtech India Pvt. Ltd; CEMEX S.A.B. DE C.V.; and HOLCIM among others.
Reasons to buy report
MEA Fly Ash Market Segmentation
MEA Fly Ash Market - By Application
MEA Fly Ash Market - By Country
MEA Fly Ash Market - Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 614.31 Million |
| Market Size by 2028 | US$ 777.11 Million |
| CAGR (2021 - 2028) | 3.4% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
The Middle East and Africa Fly Ash Market is valued at US$ 614.31 Million in 2021, it is projected to reach US$ 777.11 Million by 2028.
As per our report Middle East and Africa Fly Ash Market, the market size is valued at US$ 614.31 Million in 2021, projecting it to reach US$ 777.11 Million by 2028. This translates to a CAGR of approximately 3.4% during the forecast period.
The Middle East and Africa Fly Ash Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Fly Ash Market report:
The Middle East and Africa Fly Ash Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Fly Ash Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Fly Ash Market value chain can benefit from the information contained in a comprehensive market report.
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