Global Rice Husk Ash Market: Players Focus on Developing High-value Commercial Applications in End-use Industries


The global rice husk ash market is fairly fragmented, finds Transparency Market Research (TMR). Several players are engaged in innovative ways for making high-value commercial use of rice husk ash (RHA), in order to cement their foothold in the market. Governments across various countries world over are taking an interest in boosting their commercial applications by providing substantial incentives. In this context, a number of players are expected to bolster their investments in developing cutting-edge technologies such as in making novel biomass power plants for generating energy from rice husk. Furthermore, these players are likely to enter into strategic collaborations to consolidate their shares and stay ahead of others.
The global rice husk ash market is markedly witnessing rising waves of consolidation, precipitated by a number of mergers, acquisitions, and partnerships in recent years. Key players operating in the market include Jasoriya Rice Mill Pvt. Ltd., Agrisil Holding., Agrisil Holding., Agrilectric Power, Yihai Kerry Investments Co Ltd, Usher Agro Ltd, and Wadham Energy, LP.
The global rice husk ash market stood at US$1.06 billion in 2016 and is projected to rise at a CAGR of 5.0%, vis-à-vis value, during 2017–2025. By the end of the forecast period, the global rice husk ash market is estimated to reach a worth of US$1.64 billion.
The application areas where RHA is used can be segmented as building and construction, steel, ceramic and refractory, silica manufacturing, and others that majorly includes water purification, soil fertilizers, and 0il absorbents. Of these, the building and construction industry segment accounts for the dominant share in 2016, owing to the widespread use of RHA as building and cementing materials. The substantially rising demand for RHA in the cement industry is also fueling the growth of the segment.
On geographic front, Asia Pacific holds the sway and it accounted for the major share of over 65.0% in 2016. The regional market is likely to retain its dominance throughout the assessment period.
Substantial Applications in making High-performance Building and Construction Materials Accentuate Market
The rice hush ash market is driven by extensively rising applications in various end-use industries, primarily in the building and construction industry. The wide range of applications of rice husk ash emanates from the rich content of amorphous silica RHA has. The substantial use of RHA in producing light weight construction materials, which finds large use in making durable cement and high-strength concrete. The substantially rising applications of RHA in the road construction activities is a notable factor boosting the market. The growing use of RHA in constructing nuclear plants and in the cement industry are accentuating the growth the market.
The noteworthy use of RHA is attributed to its potential as inexpensive supplementary cementing materials of high performance characteristics, thereby fueling its demand in price-sensitive countries. The remarkably rising use of RHA in the construction industry in numerous less developed regions, notably in Asia Pacific, is accentuating the growth of the market.
Adverse Environmental Impact Glaring Constraint, Research to develop Novel Applications to Prove Promising
The noteworthy potential of RHA in making cost-effective blended cements to meet a variety of specifications is catalyzing the growth of the global market. However, rice hush ash produced from the burning of rice hush poses a noticeable environment threat if not disposed of properly. The improper dumping of RHA may cause severe human health concerns to worldwide populations. In addition, despite several promising applications as construction materials, the adverse environmental impact of RHA emissions is a critical concern. All these factors may limit the growth of the rice hush ash market. Furthermore, governmental curbs to control harmful emissions in developing and developed nations may also hinder the demand for rice husk ash.
Nevertheless, relentless research in various parts of the world to realize various high-value and novel applications in end-use industries is a significant factor that bodes well for the market. The potential rising avenue for the use of RHA making value-added silica based materials useful for a variety of practical applications is a notable trend expected to boost the market in the coming years.
Key Takeaways
  • The rice hush ash market is mainly driven by widespread applications in making inexpensive high-performance building and construction materials
  • The rising investment in research and development activities to develop novel applications will unlock promising prospects in the market
The study presented here is based on a report by Transparency Market Research (TMR) titled “Rice Husk Ash Market (Product - Nodules, Powder, and Granules; Application - Building & Construction, Steel Industry, Ceramics & Refractories, and Silica Manufacturing) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017–2025”
The global rice husk ash market is segmented based on:
Product Type
  • Nodules
  • Powder
  • Granules
Application
  • Building & Construction
  • Steel
  • Ceramics & Refractories
  • Silica Manufacturing
  • Water Purification
  • Soil Fertilizers & 0il Absorbents
Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest Of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest Of Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com



Comments

Post a Comment

Popular posts from this blog

Greenhouse Film Market to Grow at 8.1% CAGR Thanks to Rising Demand for Quality Food Crops

The  global greenhouse film market  depicts the existence of a fairly emerging market that is expected to become consolidated in the near future, says Transparency Market Research on the basis of a recently published report. Such consolidation is mainly expected to be the result of innumerable mergers and acquisitions between key players in this sector. Moreover, the competition is expected to get tougher with the entry of new players on a regular basis in the global greenhouse film market. Berry Global Group, Inc., RPC BPI Group, BASF SE, Barbier Group, Plastika Kritis S.A., and RKW Hyplast NV, are key players operating in the global greenhouse film market. Most players intend to improve the quality of their respective products as a chief strategy to outshine their rivals. Other schemes wherein an extensive focus has been imparted by most companies involve product differentiation, expansion of product portfolio, and increasing geographical reach. Regulating costs of green...
Read more

Nitro Compound Fertilizers Market Major Advancements & Global Industry Analysis

Nitro Compound Fertilizers  Market: Overview Compound fertilizers contain multiple nutrients in each individual granule. They differ from a blend of fertilizers mixed together to achieve a desired average nutrient composition. It helps farmers to spread compound fertilizers so that each granule delivers a mixture of nutrients as it dissolves in the soil and eliminates the potential for segregation of nutrient sources during transport or application. Multiple-nutrient granules of compound fertilizers also help achieve uniform distribution of micronutrients throughout the root zone. Nitro compound fertilizers are products that contain rich nitrite nitrogen and ammonium nitrogen, which are easily absorbed by plants at high rates. In nitro compound fertilizers, the ammonium nitrogen provides sustainable nutrition to plants to support their rapid growth and strengthen the roots through photosynthesis. Read More Overview @  https://www.transparencymarketresearch.com/nitro-co...
Read more

Global Thermocouple alloys Market | | Progressive Growth In Upcoming Year

Thermocouple consists of two dissimilar metals which are joined to form electrical junctions at differing temperatures and produce electric current. . When selecting thermocoupling alloys, it is important to keep in mind the application temperature range, environment, accuracy required and length of service. Thermocouples are a widely used type of temperature sensor. Commercial thermocouples are inexpensive, interchangeable, are supplied with standard connectors, and can measure a wide range of temperatures. In contrast to most other methods of temperature measurement, thermocouples are self-powered and require no external form of excitation. The main limitation with thermocouples is accuracy; system errors of less than one degree Celsius (°C) can be difficult to achieve. Thermocouples are widely used in science and industry. Applications include temperature measurement for kilns, gas turbine exhaust, diesel engines, and other industrial processes. Thermocouples are also use...
Read more