The Insight Partners Fly Ash Market | Page 5

Regional Framework The Asia Pacific accounted for the largest market share in the global fly ash market. The growth of fly ash market in this region is primarily attributed to the rising spending on infrastructure and increasing growth in the construction sector. Moreover, higher population rate in the countries such as China and India has led to increased demand for residential as well as commercial construction. The growing population of these countries is the main driver for the growth of the construction industry in the region. This would influence the fly ash market growth during the forecast period. Furthermore, the availability of vast coal reserve in this region and government initiatives for the disposable of fly ash are the major factors that provide a lucrative growth opportunity for the fly ash market players.