Market Overview:
The global ferrous slag market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for construction and cement products, globally. Ferrous slag is used as a raw material in the production of construction materials such as concrete, asphalt, and bricks. It also finds application in the manufacturing of cement products and agricultural fertilizers. Additionally, growing awareness about environment-friendly alternatives is propelling the demand for ferrous slag across various regions.
Product Definition:
Ferrous Slag is a by-product of the steelmaking process. It is created when the impurities in pig iron are removed to produce steel. The slag usually contains around 60% iron and can be used as a low-cost source of iron for various purposes.
Blast Furnace Slag:
Blast furnace slag is a waste product generated during the production of steel. It is usually formed in the shape of particles and can be categorized into two types, namely wet and dry. The different properties exhibited by these products are responsible for their increasing application scope in various end-use industries including construction, automotive & transportation, marine, agriculture & forestry etc.
The global blast furnace slag market size was valued at USD 648 million in 2016.
Steel Making Slag:
Steel making slag is a by-product obtained during the production of steel. It contains iron and carbon which are used in the production of new steel products. The amount of slag produced depends on the type of process followed such as Basic Oxygen Furnace (BOF), Electric Arc Furnace (EAF), or others, which differ based on types of steel being manufactured.
Application Insights:
The construction application segment accounted for the largest volume share of over 30% in 2017. The growth can be attributed to rising use of steel in residential, commercial and infrastructure buildings across the globe. In addition, increasing urbanization is resulting in increased demand for housing which will further propel product demand over the forecast period.
Cement production emerged as another prominent application segment with a volume share of 28.9% in 2017 owing to growing cement industry across North America and Europe coupled with high consumption of iron slag cements by Bekaert Cement Co., Ltd., Holcim Ltd., and others for improving durability and strength properties of cement pastes.
Regional Analysis:
Asia Pacific dominated the global market in 2017, accounting for a share of over 60.0% owing to high steel production and consumption in this region. The presence of major steel producers such as Nippon Steel & Sumitomo Metal Corporation (NSSMC) and POSCO has resulted in high demand for ferrous slag from Asia Pacific region. China is one of the largest consumers due to its rapidly expanding construction industry, which uses a large amount of cement each year.
North America is expected to grow at an estimated CAGR of XX% from 2018 to 2030 owing to increasing investments by various governments towards infrastructure development projects such as building new roads, bridges, subways etc., which will drive product demand over the forecast period.
Europe was valued at USD X million in 2017.
Growth Factors:
- Growing demand from the construction and infrastructure sectors as a substitute for natural sand
- Increasing use of ferrous slag in manufacturing cement and other building materials
- Rising awareness about the benefits of using ferrous slag among construction professionals
- Technological advancements that have made ferrous slag more efficient to use
- Government initiatives to promote the use of ferrous slag in construction projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Ferrous Slag Market Research Report
By Type
Blast Furnace Slag, Steel Making Slag
By Application
Construction, Cement Production, Agricultural, Others
By Companies
NSSMC, Levy, NLMK, ArcelorMittal, Evraz, Tata Steel, CRH, JFE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Ferrous Slag Market Report Segments:
The global Ferrous Slag market is segmented on the basis of:
Types
Blast Furnace Slag, Steel Making Slag
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Cement Production, Agricultural, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NSSMC
- Levy
- NLMK
- ArcelorMittal
- Evraz
- Tata Steel
- CRH
- JFE
Highlights of The Ferrous Slag Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Blast Furnace Slag
- Steel Making Slag
- By Application:
- Construction
- Cement Production
- Agricultural
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ferrous Slag Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ferrous slag is a by-product of the smelting process that is made up of iron and other metals. It is a dark, heavy material that can be used for many purposes, such as building materials or fertilizer.
Some of the key players operating in the ferrous slag market are NSSMC, Levy, NLMK, ArcelorMittal, Evraz, Tata Steel, CRH, JFE.
The ferrous slag market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ferrous Slag Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ferrous Slag Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ferrous Slag Market - Supply Chain
4.5. Global Ferrous Slag Market Forecast
4.5.1. Ferrous Slag Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ferrous Slag Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ferrous Slag Market Absolute $ Opportunity
5. Global Ferrous Slag Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ferrous Slag Market Size and Volume Forecast by Type
5.3.1. Blast Furnace Slag
5.3.2. Steel Making Slag
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ferrous Slag Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ferrous Slag Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Cement Production
6.3.3. Agricultural
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ferrous Slag Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ferrous Slag Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ferrous Slag Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ferrous Slag Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ferrous Slag Demand Share Forecast, 2019-2026
9. North America Ferrous Slag Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ferrous Slag Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ferrous Slag Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Cement Production
9.4.3. Agricultural
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ferrous Slag Market Size and Volume Forecast by Type
9.7.1. Blast Furnace Slag
9.7.2. Steel Making Slag
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ferrous Slag Demand Share Forecast, 2019-2026
10. Latin America Ferrous Slag Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ferrous Slag Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ferrous Slag Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Cement Production
10.4.3. Agricultural
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ferrous Slag Market Size and Volume Forecast by Type
10.7.1. Blast Furnace Slag
10.7.2. Steel Making Slag
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ferrous Slag Demand Share Forecast, 2019-2026
11. Europe Ferrous Slag Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ferrous Slag Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ferrous Slag Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Cement Production
11.4.3. Agricultural
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ferrous Slag Market Size and Volume Forecast by Type
11.7.1. Blast Furnace Slag
11.7.2. Steel Making Slag
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Markt Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ferrous Slag Demand Share, 2019-2026
12. Asia Pacific Ferrous Slag Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ferrous Slag Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ferrous Slag Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Cement Production
12.4.3. Agricultural
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ferrous Slag Market Size and Volume Forecast by Type
12.7.1. Blast Furnace Slag
12.7.2. Steel Making Slag
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ferrous Slag Demand Share, 2019-2026
13. Middle East & Africa Ferrous Slag Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ferrous Slag Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ferrous Slag Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Cement Production
13.4.3. Agricultural
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ferrous Slag Market Size and Volume Forecast by Type
13.7.1. Blast Furnace Slag
13.7.2. Steel Making Slag
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ferrous Slag Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ferrous Slag Market: Market Share Analysis
14.2. Ferrous Slag Distributors and Customers
14.3. Ferrous Slag Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. NSSMC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Levy
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NLMK
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ArcelorMittal
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Evraz
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tata Steel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CRH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. JFE
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
