The Market Reports

Synopsis
The global market for Ground Granulated Blast-Furnace Slag (GGBFS) was estimated to be worth US$ 9512 million in 2024 and is forecast to a readjusted size of US$ 10810 million by 2031 with a CAGR of 1.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Ground Granulated Blast-Furnace Slag (GGBFS) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Ground-granulated blast-furnace slag (GGBS or GGBFS) is obtained by quenching molten iron slag (a by-product of iron and steel-making) from a blast furnace in water or steam, to produce a glassy, granular product that is then dried and ground into a fine powder. Ground -granulated blast furnace is highly cementitious and high in CSH (calcium silicate hydrates) which is a strength enhancing compound which increases the strength, durability and appearance of the concrete.
Market Drivers
Sustainable Construction Demand: Growing emphasis on eco-friendly building materials is boosting GGBFS adoption.
Infrastructure Development: Increased investments in infrastructure projects worldwide are fueling market growth.
Carbon Reduction Initiatives: GGBFS's ability to reduce CO₂ emissions in cement production aligns with global sustainability goals.
The main manufacturers in this industry include ArcelorMittal, Nippon Steel, Baowu Steel, POSCO, Hesteel Group, JFE Steel, Tata Steel, Nucor Corporation, etc. The market concentration is dispersed, and the top five manufacturers account for about 20%.
This report aims to provide a comprehensive presentation of the global market for Ground Granulated Blast-Furnace Slag (GGBFS), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Ground Granulated Blast-Furnace Slag (GGBFS) by region & country, by Type, and by Application.
The Ground Granulated Blast-Furnace Slag (GGBFS) market size, estimations, and forecasts are provided in terms of sales volume (Kiloton) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ground Granulated Blast-Furnace Slag (GGBFS).
Market Segmentation
By Company
ArcelorMittal
Nippon Steel
China Baowu Steel
POSCO
Hesteel Group
JFE Steel
Tata Steel
Nucor Corporation
Hyundai Steel
Jiangsu Shagang
Ansteel Group
NLMK Group
Gerdau
Shougang Group
US Steel
EnGro Building Material
LKAB Minerals
Liberty Galati S.A.
Heidelberg Materials
Segment by Type
SSA ≥ 300m²/Kg
SSA ≥ 400m²/Kg
SSA ≥ 500m²/Kg
Segment by Application
Cement Production
Concrete Aggregate
Roadbed Material
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Ground Granulated Blast-Furnace Slag (GGBFS) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Ground Granulated Blast-Furnace Slag (GGBFS) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Ground Granulated Blast-Furnace Slag (GGBFS) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index