LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global fly ash market 2017-2021 report. This market research report also lists three other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to the research analysis, the global fly ash market is one of the growing markets comprising of major vendors with a global presence. These major players have a wide geographic presence with manufacturing facilities that are located around the world. New capacities are being set up by the vendors to ensure proximity and easy access to the fast-growing markets such as China, India, and other developing countries.
According to Hitesh Bhatia, a lead analyst at Technavio for metals and minerals research, “Major vendors in the market are on the verge of expansion in different locations through mergers and acquisitions as it gives them easy access to growing markets and dilutes the risk from regional businesses. Other vendors in the market are coming up with new technologies and ideas to compete with the major global players in the market.”
The report also states that developing countries such as India, China, Malaysia, Brazil, and Indonesia are experiencing a high growth rate in the construction sector, which will drive the global construction market to more than USD 15 billion by 2030. This will boost the market for fly ash during the forecast period. The rapid urbanization and development of infrastructure in these emerging economies will drive the global fly ash market.
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Technavio market research analysts identify the following key vendors:
Boral
Boral manufactures and distributes a broad range of construction materials, such as quarry products, cement, fly ash, pre-mix concrete, and asphalt. It also offers building products, such as clay and concrete roof tiles, clay bricks and pavers, concrete masonry products, plasterboard, timber, and lightweight trim and siding. The company primarily serves customers in the building and construction industries with operations in geographical markets in Australia, the US, and Asia.
CEMEX
CEMEX produces, distributes, and sells building materials, including cement, asphalt, aggregates, pipes, and ready-mix concrete. The company is strategically positioned in the Americas, Europe, Africa, the Middle East, and Asia. The company's operations network produces, distributes, and markets cement, ready-mix concrete, aggregates, and related building materials to customers in over 50 countries and maintain trade relationships in over 100 nations.
LafargeHolcim
LafargeHolcim offers construction materials such as aggregates, cement, and concrete solutions. It has operations in 90 countries worldwide. The company has been serving customers from individual home builder to most complex and largest projects with comprehensive building solutions, a wide range of value-adding products, and innovative services.
SCB International
SCB International is involved in the innovation of solutions and technologies. The company also provides logistics services, customized solutions, and on-site technical support services. The company manufactures fly ash which is used in many applications such as agriculture, Portland cement, and others.
Titan America
Titan America manufactures and sells cement and building materials in the US and Canada. It also offers aggregates, including limestone products and sand, ready-mixed concrete, concrete blocks for construction projects, fly ash, and site solutions that include retaining wall products, mortarless concrete block fencing systems, courtyard products, permeable paver systems, and concrete mixes.
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