The Insight Partners Fly Ash Market | Page 2

Food Safety and Hygiene Compliance Market Insights The cement industry globally is facing a significant challenge in procuring raw materials due to the increase in scarcity of limestone, fossil fuels, and others. On the other hand, the growth in the construction sector worldwide is rising at a faster pace due to the growing demand for commercial, residential, and industries sectors. These factors are directly proportional to the growth in demand for cement. This factor has risen the demand for other alternatives to Ordinary Portland Cement (OPC), i.e., fly ash. Therefore, the increasing demand for cement, as well as the rising quantity of industrial byproducts, has propelled the governments of various countries to undertake initiatives to utilize the industrial byproducts into cement manufacturing. For instance, in 2017, the government of India has issued a decision on setting up of cement factories near various thermal power plant across the country. This step is expected to reuse the fly ash produced from the thermal power plants, in manufacturing cement. Therefore, increasing government initiatives towards utilization of fly ash further drive the global fly ash market.