Global Ground Granulated Blast-Furnace Slag (GGBFS) Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Ground Granulated Blast-Furnace Slag (GGBFS) Industry Forecast” looks at past sales and reviews total world Ground Granulated Blast-Furnace Slag (GGBFS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Ground Granulated Blast-Furnace Slag (GGBFS) sales for 2023 through 2029. With Ground Granulated Blast-Furnace Slag (GGBFS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ground Granulated Blast-Furnace Slag (GGBFS) industry.
This Insight Report provides a comprehensive analysis of the global Ground Granulated Blast-Furnace Slag (GGBFS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ground Granulated Blast-Furnace Slag (GGBFS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ground Granulated Blast-Furnace Slag (GGBFS) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ground Granulated Blast-Furnace Slag (GGBFS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ground Granulated Blast-Furnace Slag (GGBFS).
The global Ground Granulated Blast-Furnace Slag (GGBFS) market size is projected to grow from US$ 8825.5 million in 2022 to US$ 9903.4 million in 2029; it is expected to grow at a CAGR of 9903.4 from 2023 to 2029.
The industry's leading producers are ArcelorMittal, Nippon Steel, China Baowu Steel and POSCO, with revenues of 5.70%, 4.07%, 2.67% and 4.27% respectively in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Ground Granulated Blast-Furnace Slag (GGBFS) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Specific Surface Area ≥ 300m²/Kg
Specific Surface Area ≥ 400m²/Kg
Specific Surface Area ≥ 500m²/Kg
Segmentation by application
Cement Production
Concrete Aggregate
Roadbed Material
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ArcelorMittal
Nippon Steel
China Baowu Steel Group
POSCO
Hesteel Group
JFE Steel
Tata Steel
Nucor Corporation
Hyundai Steel
Jiangsu Shagang Group
Ansteel Group
NLMK Group
Gerdau
Shougang Group
US Steel
Key Questions Addressed in this Report
What is the 10-year outlook for the global Ground Granulated Blast-Furnace Slag (GGBFS) market?
What factors are driving Ground Granulated Blast-Furnace Slag (GGBFS) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ground Granulated Blast-Furnace Slag (GGBFS) market opportunities vary by end market size?
How does Ground Granulated Blast-Furnace Slag (GGBFS) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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