Guru Corporation India’s First Market Rice Husk Ash in New York Industry

International Rice Husk Ash Market The publication of the report “World Rice Husk Ash Industry” is announced in New York.

9 Billion by 2027, expanding at a CAGR of 3.8% from 2020 to 2027. One of the segments examined in the report, Building & Construction, is anticipated to grow at a 3.8% CAGR and reach US$867.8 Million by the end of the analysis period. Following an early assessment of the pandemic’s commercial ramifications and the economic crisis it caused, the growth of the steel industry segment is readjusted to a revised 4% CAGR for the following seven years.

While China is anticipated to grow at a 6.8% CAGR, the U.S. market is estimated to be worth $593 million.

By 2020, the U.S. market for rice husk ash is anticipated to be worth US$593 Million. China, the second-largest economy in the world, is anticipated to reach a projected market size of US$604.3 Million by the year 2027, growing at a 6.8% CAGR from 2020 to 2027. Japan and Canada are two more important geographic markets, with growth rates of 1.2% and 2.8%, respectively, expected between 2020 and 2027. Germany is anticipated to expand within Europe at a CAGR of about 1.9%.

Silica Sector Will Experience 4.8% CAGR

Guru Corporation India’s First Market Rice Husk Ash in New York Industry
The United States, Canada, Japan, China, and Europe are expected to fuel the segment’s predicted 4.2% CAGR. By the end of the analysis period, these regional markets, which together had a market size of US$332.1 million in 2020, are expected to have grown to US$441.5 million. China will continue to have one of these regional marketplaces with the strongest growth rates. The market in Asia-Pacific is anticipated to reach US$404.3 Million by the year 2027, driven by nations like Australia, India, and South Korea, while Latin America will grow at a 5.8% CAGR throughout the course of the analysis period. In this ninth edition of our report, we draw on our years of research expertise. The 290-page research offers succinct explanations of the pandemic’s effects on production and the purchase side for 2020 and 2021. Also, a short-term staged recovery by important region is addressed.