The global rice huskash market is fairly fragmented, finds Transparency MarketResearch (TMR). Several players are engaged in innovative ways for makinghigh-value commercial use of rice husk ash (RHA), in order to cement theirfoothold in the market. Governments across various countries world over aretaking an interest in boosting their commercial applications by providingsubstantial incentives. In this context, a number of players are expected tobolster their investments in developing cutting-edge technologies such as inmaking novel biomass power plants for generating energy from rice husk.Furthermore, these players are likely to enter into strategic collaborations toconsolidate their shares and stay ahead of others.
The globalrice husk ash market is markedly witnessing rising waves of consolidation,precipitated by a number of mergers, acquisitions, and partnerships in recentyears. Key players operating in the market include Jasoriya Rice Mill Pvt.Ltd., Agrisil Holding., Agrisil Holding., Agrilectric Power, Yihai KerryInvestments Co Ltd, Usher Agro Ltd, and Wadham Energy, LP.
The globalrice husk ash market stood at US$1.06 billion in 2016 and is projected to riseat a CAGR of 5.0%, vis-à-vis value, during 2017–2025. By the end of theforecast period, the global rice husk ash market is estimated to reach a worthof US$1.64 billion.
Theapplication areas where RHA is used can be segmented as building andconstruction, steel, ceramic and refractory, silica manufacturing, and othersthat majorly includes water purification, soil fertilizers, and 0il absorbents.Of these, the building and construction industry segment accounts for thedominant share in 2016, owing to the widespread use of RHA as building andcementing materials. The substantially rising demand for RHA in the cementindustry is also fueling the growth of the segment.
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Ongeographic front, Asia Pacific holds the sway and it accounted for the majorshare of over 65.0% in 2016. The regional market is likely to retain itsdominance throughout the assessment period.
SubstantialApplications in making High-performance Building and Construction MaterialsAccentuate Market
Therice hush ash market is driven by extensively rising applications in variousend-use industries, primarily in the building and construction industry. Thewide range of applications of rice husk ash emanates from the rich content ofamorphous silica RHA has. The substantial use of RHA in producing light weightconstruction materials, which finds large use in making durable cement andhigh-strength concrete. The substantially rising applications of RHA in theroad construction activities is a notable factor boosting the market. Thegrowing use of RHA in constructing nuclear plants and in the cement industryare accentuating the growth the market.
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The noteworthyuse of RHA is attributed to its potential as inexpensive supplementarycementing materials of high performance characteristics, thereby fueling itsdemand in price-sensitive countries. The remarkably rising use of RHA in theconstruction industry in numerous less developed regions, notably in AsiaPacific, is accentuating the growth of the market.
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Adverse Environmental ImpactGlaring Constraint, Research to develop Novel Applications to Prove Promising
Thenoteworthy potential of RHA in making cost-effective blended cements to meet avariety of specifications is catalyzing the growth of the global market.However, rice hush ash produced from the burning of rice hush poses anoticeable environment threat if not disposed of properly. The improper dumpingof RHA may cause severe human health concerns to worldwide populations. Inaddition, despite several promising applications as construction materials, theadverse environmental impact of RHA emissions is a critical concern. All thesefactors may limit the growth of the rice hush ash market. Furthermore,governmental curbs to control harmful emissions in developing and developednations may also hinder the demand for rice husk ash.
Nevertheless,relentless research in various parts of the world to realize various high-valueand novel applications in end-use industries is a significant factor that bodeswell for the market. The potential rising avenue for the use of RHA makingvalue-added silica based materials useful for a variety of practicalapplications is a notable trend expected to boost the market in the comingyears.
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