Rice Husk Ash Market to be driven by increasing demand for lightweight construction materials from construction industry
Global Rice Husk Ash Market: Overview
The global rice husk ash market is expected to grow at a robust pace between 2016 and 2023. Factors such as the expansion of various end-use industries and the increasing demand for lightweight construction materials from the construction and building industry are expected to boost the global rice husk ash market.
Huge quantities of rice husk is generated in rice mills during the daily milling of paddy. This rice husk is used as fuel in boilers for processing paddy. It is also used as a fuel in power generation. By weight, rice husk is 25% of the husk when burnt in a boiler.
Based on application, the building and construction segment is expected to report the highest CAGR during the forecast period. Regionally, Asia Pacific is expected to dominate the global rice husk ash market. The region is poised to exhibit substantial growth during the forecast period. Asia Pacific is witnessing a rising demand for rice husk in the manufacturing of bricks and cement due to the rapidly increasing population in the region and the subsequent expansion of the construction industry.
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The report provides a comprehensive overview of the global rice husk ash market. The various factors driving and restraining the market during the forecast period are studied in detail. The report also profiles some of the leading vendors operating in the market. Their strengths and weaknesses are analyzed to study the prevailing competition in the market.
Global Rice Husk Ash Market: Key Opportunities and Threats
The vagaries of nature and uncontrollable factors such as rainfall, the harvest period, and yield area hamper the growth of the global rice husk ash market. Directly dumping rice husk can have adverse impacts. Stringent regulations aimed at curbing the direct dumping of rice husk provide increased opportunities for its use in diverse industrial applications. Since rice producers in the developed markets of North America and Europe have to adhere to such regulations, these regions have been using rice husk ash more extensively than developing regions such as Latin America and Asia Pacific.
The market is also significantly gaining from the low cost of the product, which makes it easily importable compared to substitutes such as silica fume. Using rice husk ash with cement enhances the stability and workability of concrete mixture. This helps reduce the chances of thermal cracking, plastic shrinkage of the material, and heat generation. Rice husk ash also increases the impermeability, durability, and strength of hydrated cement paste during its setting period by blocking large voids and modifying the pore structure. Thus, the intrinsic properties of rice husk ash help in improving the performance of bricks, cement, and other construction materials. This is a prime factor aiding the expansion of the global rice husk ash market.
Global Rice Husk Ash Market: Vendor Landscape
Some of the key players operating in the global rice husk ask market are Guru Metachem Pvt. Ltd., Wadham Energy Limited Partnership, and Jasoriya Rice Mill. A majority of the leading enterprises operating in the market adhere to expansions and agreements as core strategies for gaining a competitive edge.
The report profiles these companies and examines the threats and opportunities that they are expected to witness during the forecast period. The impact of government policies on their operations is also studied in the report in detail.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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