Fly ash bricks as the name signifies, is made from fly ash generated from the thermal power stations along with lime and gypsum. Pulverized fuel ash is called fly ash and is mostly generated from thermal power stations where it is generated by burning of coal. The fly ash bricks requires almost 25-30% less cement or motor. These bricks are made from machines, hence, they are uniform in shape and size and can be easily arranged in symmetrical structures providing immense strength and bonding.
The outside cement wall plastering is not required in case of fly ash bricks as they are grey and have smooth and uniform texture and these bricks absorb significantly less water. These are much lighter in weight as compared to conventionally used red bricks thereby reducing the transportation and dead building costs. Moreover, fly ash bricks do not require firing which is an important manufacturing step for the red bricks and therefore does not contribute to environmental pollution.
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Global Fly Ash Bricks Market Dynamics
Drivers
One of the major factor driving the demand for fly ash bricks is the increasing investments in the construction sector, especially in the developing countries of Asia Pacific region. There has been significant increase in the construction spending and the budget allocated for infrastructural and industrial development have also been increased, which in turn is projected to create traction for the global fly ash bricks market.
There has been rising problem of pollution worldwide, fly ash bricks reduces the problem of pollution by utilizing the fly ash produced from thermal power plants which might otherwise be a problem in disposal. Moreover, the conventional red bricks need to be burned in kilns and huge amount of coal is burned for the process, thus, adding to greenhouse effects caused by carbon dioxide emissions.
Additionally, other numerous benefits such as low water absorption, light weightedness and other properties have added to the significant popularity of fly ash bricks in the global market.
Restraints
One of the major restraint hampering the growth of fly ash bricks market is the conventionally used red bricks made from red clay are easily available wherein fly ash need to be transported from the thermal power plants to the production plants, adding to manufacturing costs.
Another major restraint impacting the growth of global fly ash bricks market is the red bricks could be easily manufactured by small scale industries while the fly ash bricks manufacturers have to bear with the sales taxes, excise duties and service taxes amongst others.
Trends
The regional governments have also extended its support to promote the use of fly ash bricks such as India has mandated thermal power plant operators to provide fly ash free of cost to brick manufacturers. Moreover, many carbon emission reduction incentives are also being provided to promote the manufacturers interest in developing fly ash bricks.
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Global Fly Ash Bricks Market: Regional Outlook
The global fly ash bricks market is anticipated to be dominated by Asia Pacific region. China and India are projected to witness significant growth rate over the forecast period, owing to the investments and growing construction spending which has led to rapid industrial and infrastructural developments.
North America and Europe are projected to hold significant share in the global fly ash market. However, the regions are projected to witness relatively moderate growth owing to the stringent policies and regulations for the harmful effect of fly ash and the decrease in raw material availability due to decreasing number of thermal power plants.
Global Fly Ash Bricks Market Participants
Some of the market participants identified across the value chain of global Ballast Tank Corrosion Inhibitors market are:
- Boral Limited
- EMEX S.A.B. DE C.V
- Pavcon
- Nuvoco Vistas Corp Ltd.
- LafargeHolcim
- Jayem Manufacturing Co.
- MR Enterprises
- Puzzolana Green Bricks
- Jebajeyam Brick Company
- Paul Bricks
- Pyramid Chemicals (P) Ltd
- HansonDoha
- NCL Group
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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