IndustryARC updated the market research study on “Rice Husk Ash Market ”- Forecast (2024 - 2030)
Rice Husk Ash market size is forecasted to reach?US$3.1 Billion in 2030, after growing at a CAGR of 5.2%?during the forecast period 2024-2030.?Rice husks are hard protective coverings of rice grains that are separated from the grains during the milling process. Rice husk ash is used as a pozzolan in?cement and concrete. It is also used as a base material that helps to break down the cellular structure in geopolymer matrix and reduces pores to increase strength and durability. Rice husk ash when mixed with silica fumes, enhances the strength and is used as a cement replacement. Rice husk ash is also used as a soil ameliorant to improve drainage properties and air permeability. Rice husk ash is mainly used in concrete for good compressive strength and for cutting down environmental pollution. It is often used as a partial replacement for concrete which is used in the building and construction industry.
In construction, RHA is gaining attention as a supplementary cementitious material, enhancing concrete durability and strength while reducing environmental impact. Moreover, RHA finds utility in the production of high-performance ceramics, providing lightweight and durable alternatives for various industrial purposes. The agricultural sector is exploring RHA's potential as a soil conditioner and fertilizer, promoting sustainable farming practices. Additionally, RHA's role in wastewater treatment is gaining traction, with its adsorption properties effectively removing contaminants from water sources. As industries seek greener alternatives and sustainable solutions, the utilization of Rice Husk Ash is poised to witness continued growth and innovation, driving advancements across multiple sectors. As the building and construction industry is growing at a strong pace, it is driving the market growth.
For More Details on This Report - Request for Sample
Report Coverage
The report: “Rice Husk Ash Market?Report – Forecast (2024-2030)”,?by IndustryARC, covers an in-depth analysis of the following segments of the rice husk ash market.
By Silica Content?–?80.00-89.99% and more than 90.00%
By Application?–?Concrete, Fertilizer, Ceramics, Additive, Oil Adsorbent, Insulation Material, Silicon Chips, Fuel, Rubber, and Others
By End-Use Industry?–?Metallurgy (Steel, Gold, and Others), Oil and Gas (Onshore and Offshore), Building and Construction?(Residential, Commercial and Industrial), Agriculture, Electrical and Electronics, Transportation (Automotive, Aerospace, Marie and Locomotive) and Others
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East, and Africa)
Key Takeaways
Rice Husk Ash Market Segment Analysis – By Application
The concrete segment held the largest share in the rice husk ash market in 2023 and is forecasted to?grow at a CAGR of 5.6% during the forecast period 2024-2030. Rice husk ash is a very good alternative to concrete technology. As rice husk ash is a by-product of agriculture and it is generated in rice mills. Rice husk ash in concrete is mixed in 5 proportions of 5,10,15,20 and 25% by weight and is then compared with 100% Portland cement in terms of strength. The test result indicated a positive relationship between a 15% replacement of rice husk ash with an increase of 20% in strength. As rice husk ash is a porous material, the partial replacement of cement to produce concrete is cost-effective and gives good compressive strength. As it is an environment-friendly product, it cuts down on environmental pollution. Since the density of concrete containing rice husk ash is similar to that of regular concrete, it can be used for a variety of applications. According to the Association of General Contractors of America in the first quarter of 2023, there were more than 919,000 construction establishments in the United States. Each year, the sector generates structures valued at almost $2.1 trillion and employs 8.0 million people. Hence, the growth in the construction industry concludes the growth in the rice husk ash market.
Rice Husk Ash Market Segment Analysis – By End-Use Industry
The building and construction segment held a significant share in the rice husk ash market in 2023 and is forecasted to grow at a?CAGR of 6.1%?during the forecast period 2024-2030, owing to increasing usage of rice husk ash in the building and construction component. Rice husk ash is mainly used in the construction industry as a pozzolan, filler, additive, abrasive agent, oil adsorbent, sweeping component, and suspension agent. In the building and construction industry, rice husk ash is used as a partial replacement for cement. Each application in the building and construction industry requires specific properties like chemical purity, whiteness, proper particle size, and reactivity for cement and concrete. Rice husk ash plays two major roles in the construction industry. The first role is using rice husk ash as a substitute for Portland cement which leads to a decrease in the cost of concrete and the second can be used as an admixture in the production of high-strength concrete. It is known that the type of rice husk ash used in concrete is amorphous, which is suitable for the pozzolanic activity. It is used in bathroom floors, green concrete, industrial factory floorings, insulation, rehabilitation, and waterproofing. According to Office for National Statistics, the monthly construction increased by 1.7% in terms of volume in March 2022 in the United Kingdom, this is a fifth consecutive monthly growth. Therefore, the growth and demand for rice husk ash will increase with the increase in building and construction industry revenue.
领英推荐
Rice Husk Ash Market Segment Analysis – By Geography
Asia-Pacific region held the largest share in the rice husk ash market in 2023 up to 43%. Asia-Pacific dominates the building and construction industry with countries like China, India, and Japan where China is the largest contributor to the growth of the construction market. As rice husk ash is mainly used in the building and construction sector, the growth of rice husk ash depends directly on this sector. According to Office for National Statistics, the construction industry revenue increased by 1.7% in volume in March 2022, when compared to February 2022. The Indian Union Budget of February 2020 aims to build 100 new airports by 2024 as part of the Centre's Udan scheme to help with growing air traffic. A fraction of this budget will go toward the planning and construction of the Limpopo Central Hospital in Polokwane, which is set to open in 2025/26. Such government initiatives are set to increase the demand for construction growth which directly affects the growth of the rice husk ash market. Also, the production of rice husk ash is directly dependent on the production of rice in Asia-Pacific. According to the USDA in 2022-2023, global rice production is 514.6 million tons, with India leading the increase. Consumption and residual use reached a record of 518.4 million tons, with China and India driving most of the growth. Hence, due to increased production of rice in Asia-Pacific and increased revenue in the construction industry, the production of rice husk ash will also increase in the same region.
Purchase this Premium Report: Buy Now
Rice Husk Ash Market Drivers
Increasing Construction Activities
Rice husk ash is often employed in concrete which is then widely used in the building and construction industry. The governments are taking initiatives to increase the building & construction activities. For instance, Kansai International Airport in Japan will spend about 100 billion yen ($911 million) by 2025 to upgrade the larger terminal, to increase space for international flights at the country's No. 2 hub. The Ministry of Housing and Urban Development (MoHUA) has been given Rs 50,000 crore (US$6.8 billion), and a fund of Rs 25,300 crore (US$3.5 billion) has been set up to help complete stalled housing projects. The Indian government has launched a project called the “Pradhan Mantri Awas Yojana (PMAY) program”, which aims to provide affordable housing to all urban poor people by 2022 through financial assistance. Such government initiatives are set to increase the demand for concrete in the construction sector, and further drive the rice husk ash market growth during the forecast period.
Growing Paints and Coatings Industry
The increasing demand for eco-friendly and sustainable raw materials has led to the exploration of alternatives like rice husk ash, which offers environmental benefits by utilizing a waste byproduct effectively. The unique properties of rice husk ash, such as its high silica content and pozzolanic nature, make it an attractive ingredient for enhancing the durability, strength, and corrosion resistance of paints and coatings. Advancements in research and technology have enabled the development of innovative formulations that incorporate rice husk ash, catering to diverse application needs across various end-user industries. Additionally, stringent regulations and standards focusing on reducing carbon footprints and promoting green initiatives have incentivized the adoption of rice husk ash-based products in the paints and coatings sector. Overall, the growing emphasis on sustainability, coupled with the favorable properties and regulatory support for rice husk ash, continues to drive the expansion of the paints and coatings industry within the rice husk ash market.
Rice Husk Ash Market Challenges
Increases the water density in concrete
As rice husk ash is only used as a partial replacement in many applications, when used in excess, it can lead to unworkable circumstances in concrete. When such a situation arises, some water-reducing admixtures are added to obtain workable concrete for the ease of placement and compaction of concrete. Adding rice husk ashes bring more hydration to the products, hence a better way to use these by-products is to make a new product using the by-products. The rice husk has a very rough surface which is abrasive. These are hence resistant to natural degradation. Thus, rice husk ash is used only for a partial replacement and not to fully replace any component, which is limiting its market growth.
Rice Husk Ash?Industry Outlook
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the rice husk ash market.?
Rice husk ash market's top 10 companies?are: