Global Rice Husk Ash Market Estimated to Reach USD 2.42 Billion by 2020

DUBLIN, March 16, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/67qpg9/rice_husk_ash) has announced the addition of the "Rice Husk Ash Market - Global Forecast to 2020" report to their offering.

The global rice husk ash market is estimated to reach USD 2.42 Billion by 2020, at a CAGR of 5.15% between 2015 and 2020. Factors, such as growth of various end user industries and increase in the demand for light weight construction material from the building & construction industry are expected to drive the global rice husk ash market during the forecast period, from 2015 to 2020.

The building & construction application segment is projected to grow at the highest CAGR during the forecast period. Among regions, Asia-Pacific is projected to lead the global rice husk ash market during the forecast period. The Asia-Pacific rice husk ash market is projected to grow at the second-highest CAGR between 2015 and 2020. The usage of rice husk ash in various applications, such as cement and brick manufacturing, has increased in the region due to the continuously growing population and the flourishing building & construction industry.

Uncontrollable factors, such as harvest period, yield area, and rainfall for producing rice paddy inhibits the growth of the global rice husk ash market. There are several stringent regulations imposed on the direct dumping of rice husk as it affects fertility of the soil. Rice producers in Europe and North America have to adhere to such regulations and therefore have found much extensive uses for rice husk ash in comparison to other regions, such as Asia-Pacific, Latin America, and others.

Moreover, the cost of the product is very low and can be easily imported compared to the available substitutes like silica fume. The global rice husk ash market is highly concentrated and is not significantly price sensitive. This is due to the large number of participants in this market, owing to low entry barriers. It is easy for new entrants to enter into and exit the market anytime, which is the case in major rice producing countries, such as China and India.

Agreements and expansions are some of the key strategies adopted by market players to achieve growth in the global rice husk ash market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Rice Husk Ash Market, By Application

8 Rice Husk Ash Market, By Region

9 Competitive Landscape

10 Company Profiles

Companies Mentioned:

• Agrasen Rice Mill Pvt. Ltd.
• Astrra Chemicals
• Enpower Corporation
• Guru Metachem Pvt. Ltd.
• Jasoriya Rice Mill
• Rescon (India) Pvt. Ltd.
• Usher Agro Ltd.
• Yihai Kerry Investments Co., Ltd

For more information visit http://www.researchandmarkets.com/research/67qpg9/rice_husk_ash

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SOURCE Research and Markets