Increasing global demand for rice husk ash from the growing building and construction segments for manufacture of substances, including concrete mixes and the steel.
LONDON: The procurement research report on the rice husk ash market is an indispensable part of SpendEdge’s agro commodities and raw materials category portfolio and offers a detailed analysis of the key factors influencing the supply market, strategic procurement and sourcing decisions, pricing models, and procurement best practices. Furthermore, it also offers meticulous insights into the key market developments, demand-supply shifts, and supply chain management to help sourcing and procurement experts make smart procurement decisions.
Rice husk ash is widely used in the steel industry due to its beneficial properties such as high insulation, low thermal conductivity, high melting point and porosity, and low bulk density. This makes it suitable for producing flat steel whose typical uses are in the production of automotive body panels and white goods.
“Procurement managers must comply with certifications and quality standards to ensure quality of the end-use products or applications,” says A Kowshik, an agro commodities and raw materials industry procurement research specialist at SpendEdge. “Suppliers also need to adhere to various compliance systems issued by REACH, NSF, UKAS, and FDA,” added Kowshik.
Purchasing managers find it challenging to formulate procurement budgets as there is significant volatility in prices of raw materials. The lack of knowledge on price fluctuations can be disadvantageous, and purchasing managers must end up paying more than the market price due to contractual obligations.
Need more insights on this report?
This procurement research report on the rice husk ash market offers insights on:
- Supply markets, growth drivers, trends, and imminent restraints
- Procurement best practices
- Negotiation strategies and cost-saving opportunities
- Key suppliers and assessment of their capabilities
- Pricing models and category innovations
- For a comprehensive, detailed list, view our full report
Get unlimited access to all our reports. Our insights platform ready-to-use procurement research reports, latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. Request a free demo now