Market Overview:
The global iron and steel slag market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for steel in developing countries, growing construction and infrastructure activities, and rising awareness about the benefits of using slag as a fertilizer. Based on type, the blast furnace slag segment is expected to account for the majority share of the global iron and steel slag market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to its high usage in building & construction applications owing to its properties such as resistance against fire, water absorption, and acidity levels. Based on application, building & construction was estimated accounting for majority share (36%) followed by railways (27%), fertilizers (15%), others including environmental protection etc.,(12%). Among all these applications; building & construction will continue witnessing highest gains over next few years due rising infrastructural development activities across globe especially Asia Pacific region where major economies are investing heavily into new airports terminals buildings highways railway networks Etc.
Product Definition:
Iron and steel slag is a by-product of the iron and steel manufacturing process. It is produced when molten metal comes into contact with water or air. The slag cools quickly into a hard, glassy material that can be used in construction or land reclamation projects.
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 ferroalloyous and non-ferroalloyous. The major constituents of blast furnace slag include silicon, carbon, calcium, aluminum oxide along with some water and other impurities.
Steelmaking Slag:
Steelmaking slag is a waste product obtained during the production of steel. It is usually a mixture of ferrous and non-ferrous metals, such as iron, zinc, aluminum along with other impurities. The presence of these metals in the form of slag has been known to be beneficial for plants as it provides better nutrient uptake and distribution within the plant thereby increasing overall crop yield.
Application Insights:
Building and construction was the largest application segment in 2016, accounting for a volume share of over 50%. The product is widely used as an additive in concrete to improve its mechanical properties. It is also used as a filler material in the form of small pieces or large blocks in roadways, pavements and parking lots. In addition, it can be utilized directly into the soil to provide stability and support to plants growing near these roadsides.
The railways application segment accounted for nearly 9% market share by volume in 2016 on account of high demand from China which has emerged as one of the leading consumers globally owing to rapid industrialization coupled with increasing railway infrastructure development projects across various regions including Europe and North America.
Regional Analysis:
Asia Pacific dominated the global iron and steel slag market in 2016, accounting for a share of over 68.0% owing to the high production volume and growing demand from China, India, Japan, South Korea and Taiwan. The region is also expected to witness significant growth due to increasing investments in infrastructure development coupled with rising government spending on defense sector which is likely to drive demand for steel products including rails as well as building & construction materials such as cement over the forecast period.
Europe was estimated at USD X million in 2016 and is projected to grow at a CAGR of XX% from 2017 to 2030 owing herring being one of the major species that are important for marine ecosystem health along with other species like seals, whales etc., which have led researchers concerned about its decline caused by environmental pollution caused by heavy metal contamination resulting into declining fish population thus leading industry participants involved in seafood processing industries such as Norway’s salmon industry or Scottish fishing fleet etc.
Growth Factors:
- Growing demand from construction and infrastructure sectors
- Increasing use of slag in manufacturing cement and other building materials
- Rising awareness about the benefits of using slag as a replacement for traditional materials
- Technological advancements that have made slag more efficient to use
- Government initiatives to promote the use of recycled materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Iron and Steel Slag Market Research Report
By Type
Blast Furnace Slag, Steelmaking Slag
By Application
Building & Construction, Railways, Fertilizers, Others
By Companies
Arcelor Mittal, TATA Steel, NLMK, Harsco Corporation, POSCO, TMS International, JSW Steel, Steel Authority of India, Nippon Steel & Sumitomo Metal, Edw. C. Levy, JFE Steel Corporation
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Iron and Steel Slag Market Report Segments:
The global Iron and Steel Slag market is segmented on the basis of:
Types
Blast Furnace Slag, Steelmaking 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
Building & Construction, Railways, Fertilizers, 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:
- Arcelor Mittal
- TATA Steel
- NLMK
- Harsco Corporation
- POSCO
- TMS International
- JSW Steel
- Steel Authority of India
- Nippon Steel & Sumitomo Metal
- Edw. C. Levy
- JFE Steel Corporation
Highlights of The Iron and Steel 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
- Steelmaking Slag
- By Application:
- Building & Construction
- Railways
- Fertilizers
- 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 Iron and Steel 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
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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?
Iron and steel slag are byproducts of the manufacturing process of iron and steel. Slag is a mixture of molten metal, rock, and other materials that have been blasted or melted from the surface of an object being manufactured.
Some of the key players operating in the iron and steel slag market are Arcelor Mittal, TATA Steel, NLMK, Harsco Corporation, POSCO, TMS International, JSW Steel, Steel Authority of India, Nippon Steel & Sumitomo Metal, Edw. C. Levy, JFE Steel Corporation.
The iron and steel slag market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Iron and Steel 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. Iron and Steel Slag Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Iron and Steel Slag Market - Supply Chain
4.5. Global Iron and Steel Slag Market Forecast
4.5.1. Iron and Steel Slag Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Iron and Steel Slag Market Size (000 Units) and Y-o-Y Growth
4.5.3. Iron and Steel Slag Market Absolute $ Opportunity
5. Global Iron and Steel 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. Iron and Steel Slag Market Size and Volume Forecast by Type
5.3.1. Blast Furnace Slag
5.3.2. Steelmaking Slag
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Iron and Steel 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. Iron and Steel Slag Market Size and Volume Forecast by Application
6.3.1. Building & Construction
6.3.2. Railways
6.3.3. Fertilizers
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Iron and Steel 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. Iron and Steel 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 Iron and Steel 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. Iron and Steel 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 Iron and Steel Slag Demand Share Forecast, 2019-2029
9. North America Iron and Steel 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 Iron and Steel 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 Iron and Steel Slag Market Size and Volume Forecast by Application
9.4.1. Building & Construction
9.4.2. Railways
9.4.3. Fertilizers
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 Iron and Steel Slag Market Size and Volume Forecast by Type
9.7.1. Blast Furnace Slag
9.7.2. Steelmaking 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 Iron and Steel Slag Demand Share Forecast, 2019-2029
10. Latin America Iron and Steel 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 Iron and Steel 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 Iron and Steel Slag Market Size and Volume Forecast by Application
10.4.1. Building & Construction
10.4.2. Railways
10.4.3. Fertilizers
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 Iron and Steel Slag Market Size and Volume Forecast by Type
10.7.1. Blast Furnace Slag
10.7.2. Steelmaking 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 Iron and Steel Slag Demand Share Forecast, 2019-2029
11. Europe Iron and Steel 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 Iron and Steel 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 Iron and Steel Slag Market Size and Volume Forecast by Application
11.4.1. Building & Construction
11.4.2. Railways
11.4.3. Fertilizers
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 Iron and Steel Slag Market Size and Volume Forecast by Type
11.7.1. Blast Furnace Slag
11.7.2. Steelmaking Slag
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market 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 Iron and Steel Slag Demand Share, 2019-2029
12. Asia Pacific Iron and Steel 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 Iron and Steel 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 Iron and Steel Slag Market Size and Volume Forecast by Application
12.4.1. Building & Construction
12.4.2. Railways
12.4.3. Fertilizers
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 Iron and Steel Slag Market Size and Volume Forecast by Type
12.7.1. Blast Furnace Slag
12.7.2. Steelmaking 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 Iron and Steel Slag Demand Share, 2019-2029
13. Middle East & Africa Iron and Steel 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 Iron and Steel 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 Iron and Steel Slag Market Size and Volume Forecast by Application
13.4.1. Building & Construction
13.4.2. Railways
13.4.3. Fertilizers
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 Iron and Steel Slag Market Size and Volume Forecast by Type
13.7.1. Blast Furnace Slag
13.7.2. Steelmaking 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 Iron and Steel Slag Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Iron and Steel Slag Market: Market Share Analysis
14.2. Iron and Steel Slag Distributors and Customers
14.3. Iron and Steel Slag Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arcelor Mittal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TATA Steel
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. Harsco Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. POSCO
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TMS International
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JSW Steel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Steel Authority of India
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nippon Steel & Sumitomo Metal
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Edw. C. Levy
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. JFE Steel Corporation
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
