The
global rice husk ash market is projected to reach USD 2.54 billion
by 2021, at a CAGR of 5.4% from 2016 to 2021. Rice husk ash (RHA) is a natural
by-product recovered from paddy rice after the processing of rice husk. The
husk is composed of approximately 50% cellulose, 30% lignin, and 20% silica.
Browse
83 market data tables and 31 figures spread through 118 pages and in-depth TOC
on "Rice
Husk Ash Market by Application (Building & Construction, Steel Industry,
Silica, Ceramics & Refractory, Rubber), Silica Content (80-84%, 85-89%, 90-94%,
and greater than 95%), & Region - Global Forecast to 2021"
In September 2016, Usher Eco Power Limited (India), a subsidiary of Usher Agro Ltd., has started the development of a new rice husk-based biomass power plant of 18MW capacity in Uttar Pradesh, India. The company is focusing on setting up a silica extraction facility which will use rice husk ash generated from the aforementioned plant. Under an agreement, the end product (RH silica) from the facility will be supplied to the Goodyear Tire & Rubber Company (U.S.). With the help of its strong domestic as well as international networks, the company has adopted varied developmental strategies to market its rice husk ash to local as well as global players. The company actively promotes the usages of rice husk for power generation. It supplies rice husk from its production sites to its subsidiary Usher Eco Power Limited, which is engaged in the production of power through the incineration of rice husk.
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Yihai Kerry Investments Co., Ltd. is
another key player in the rice husk ash market. In June 2015, the company had signed
a supply agreement with Goodyear Tire & Rubber Company (U.S.) to source
rice husk ash. Goodyear plans to use silica derived from rice husk ash as a
reinforcing agent in tires. Yihai has been actively strengthening the export
capacity of its rice husk ash to meet the demand from Southeast Asian countries
as well from Europe and North America. It also strategizes to build a strong
distribution network globally by partnering with end users and converters in
the value chain, such as Goodyear Tire & Rubber Company.
The
global rice husk ash market has a diversified ecosystem of upstream players,
including raw material suppliers, along with downstream stakeholders, vendors,
end users, and government organizations. Companies operating in the global rice
husk ash market include Guru Metachem Pvt. Ltd. (India), Yihai Kerry
Investments Co., Ltd. (China), Usher Agro Ltd. (India), Jasoriya Rice Mill
(India), and Rescon (India) Pvt. Ltd., among others.
Asia-Pacific
accounted for the largest share of the global rice husk ash market in 2015.
This large share has been supported by the region’s strengthening economic
conditions, continuous improvement in government budgets, and the positive
demographic outlooks, such as increasing population and rising per capita
income. Asia-Pacific is witnessing an increase in infrastructure projects,
which in turn generates demand for building & construction chemicals, such
as RHA.
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