Global Ground Granulated Blast-Furnace Slag Market 2024-2028
The ground granulated blast-furnace slag market is forecasted to grow by USD 1385.2 mn during 2023-2028, accelerating at a CAGR of 2.99% during the forecast period. The report on the ground granulated blast-furnace slag market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for sustainable building material, growth of construction industry, and increased investment in infrastructure.
Technavio's ground granulated blast-furnace slag market is segmented as below:
By End-user
- Portland cement and concrete
- Bricks and blocks
By Type
- Alkalinity blast-furnace slag
- Acidic blast-furnace slag
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the ongoing slowdown in Chinese economy as one of the prime reasons driving the ground granulated blast-furnace slag market growth during the next few years. Also, expansion of manufacturing facilities and increasing trail of ground granulated blast-furnace slag and new product launches by market vendors will lead to sizable demand in the market.
The report on the ground granulated blast-furnace slag market covers the following areas:
- Ground granulated blast-furnace slag market sizing
- Ground granulated blast-furnace slag market forecast
- Ground granulated blast-furnace slag market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ground granulated blast-furnace slag market vendors that include Ashtech India, Astrra Chemicals, Balaha Group, Betolar Plc, Boral Ltd., Cementation India Pvt. Ltd., DONG SON RESOURCES CO. LTD., Ecocem, Fico YTL Vietnam, Heidelberg Materials AG, Henan Zhengzhou Mining Machinery Co. Ltd., Holcim Ltd., IVS industries, JFE Holdings Inc., JSW Group, Luossavaara Kiirunavaara AB, Millennium Multi Trade Pvt. Ltd., Nippon Steel Corp., Saudi Readymix Concrete Company Ltd., and Tata Sons Pvt. Ltd.. Also, the ground granulated blast-furnace slag market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.