Global Ground Granulated Blast-Furnace Slag (GGBFS) Market Competitors, Segment Types and Downstream Applications Research Report 2025

Research Summary

Ground Granulated Blast-Furnace Slag (GGBFS) is a finely ground, glassy byproduct generated during the production of iron in blast furnaces. It is created by rapidly cooling molten slag with water or air, resulting in a granulated material with cementitious properties. After being ground to a fine powder, GGBFS is commonly used as a supplementary cementitious material in concrete production. Its incorporation into concrete enhances various properties, such as workability, durability, and strength. GGBFS reacts with calcium hydroxide to form additional cementitious compounds, contributing to improved long-term performance and reduced permeability of concrete. Additionally, the use of GGBFS in construction supports sustainable practices by recycling industrial waste, reducing the need for clinker production in cement manufacturing, and mitigating environmental impact. This makes GGBFS a valuable and environmentally friendly component in the construction industry.

According to WENKH research statistics, the global Ground Granulated Blast-Furnace Slag (GGBFS) market sales revenue reached  Million USD in 2024 and is expected to reach  Million USD by 2032, with a compound annual growth rate (CAGR) of  % from 2025 to 2032. Among them, the China Ground Granulated Blast-Furnace Slag (GGBFS) market has experienced rapid changes in recent years, reaching  Million USD in 2024, accounting for approximately  % of the global market share. It is projected to reach  Million USD by 2032.

The global Ground Granulated Blast-Furnace Slag (GGBFS) market is highly competitive, with key market players including ArcelorMittal, Nippon Steel, China Baowu Steel Group, POSCO, Hesteel Group, JFE Steel, Tata Steel, Nucor Corporation, Hyundai Steel, Jiangsu Shagang Group, NLMK Group, Ansteel Group, Gerdau, Shougang Group, US Steel, etc. This report categorizes the competitive landscape of the global Ground Granulated Blast-Furnace Slag (GGBFS) market into three tiers based on annual revenue, with the top three market players holding approximately  % of the total market share.

This report provides an in-depth analysis of the global Ground Granulated Blast-Furnace Slag (GGBFS) market, including market size, capacity and production, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, revenue, sales volume and gross profit margin of major manufacturers in the global Ground Granulated Blast-Furnace Slag (GGBFS) industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different segments of Ground Granulated Blast-Furnace Slag (GGBFS) and their downstream application fields.

In terms of data coverage, this report includes extensive time-series data. Historical data spans from 2020 to 2024, providing a solid foundation for analyzing market development trends. The year 2025 is used as a base year to accurately assess the current market landscape, while forecast data extends from 2026 to 2032, using scientific analysis methods and models to offer forward-looking projections and insights into the market's future trajectory. This provides valuable reference information for industry participants and stakeholders.

The report covers countries including United States, China, Germany, Japan, France, South Korea, United Kingdom, India, Italy, Brazil, Mexico, Indonesia, Vietnam and South Africa. It particularly focuses on the revenue and sales volume of Ground Granulated Blast-Furnace Slag (GGBFS) in these countries, as well as the product segmentation and downstream application market size of each country. The report provides an in-depth analysis of the regional distribution and future development trends of the Ground Granulated Blast-Furnace Slag (GGBFS) market. By considering local policies, this report evaluates the market prospects of Ground Granulated Blast-Furnace Slag (GGBFS) in each country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.

This report places significant emphasis on data quality and reliability, leveraging a wide range of data sources to ensure accuracy and validity. Primary data collection is conducted through multiple channels, including in-depth interviews with senior corporate executives, industry experts, supply chain participants, and end consumers. This helps to gain insights into corporate strategic planning, industry policies, supply chain dynamics, and user experiences. Secondary data sources cover an extensive range, including authoritative government statistics, customs databases, industry related reports, third-party paid databases, investment research reports, academic studies, corporate financial statements, real-time media updates, and information from international organizations, all of which serve as a solid foundation for data verification and analysis.

Companies Covered

ArcelorMittal

Nippon Steel

China Baowu Steel Group

POSCO

Hesteel Group

JFE Steel

Tata Steel

Nucor Corporation

Hyundai Steel

Jiangsu Shagang Group

NLMK Group

Ansteel Group

Gerdau

Shougang Group

US Steel

Product Segment

Specific Surface Area ≥ 300m²/Kg

Specific Surface Area ≥ 400m²/Kg

Specific Surface Area ≥ 500m²/Kg

Product Application

Cement Production

Concrete Aggregate

Roadbed Material

Others

Chapter Scope

Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects

Chapter 2: Global Ground Granulated Blast-Furnace Slag (GGBFS) Industry Chain Analysis

Chapter 3: Global Ground Granulated Blast-Furnace Slag (GGBFS) Industry Environment Analysis and Porter's Five Forces Analysis

Chapter 4: Global Ground Granulated Blast-Furnace Slag (GGBFS) Market Capacity and Production Analysis

Chapter 5: Analysis of the Competitive Landscape of Major Companies in the Global Ground Granulated Blast-Furnace Slag (GGBFS) Market (Market Share, Product Revenue and Sales Volume Comparison, Tier Division, Corporate Expansion and M&A Trends)

Chapter 6: Analysis of Global Major Companies (Company Profiles, Product Specifications and Features, Product Revenue, Product Sales Volume, Product Average Price and Product Gross Profit Margin)

Chapter 7: Global Ground Granulated Blast-Furnace Slag (GGBFS) Market Analysis by Countries, Product Segment and Downstream Application (Sales Volume, Revenue and Average Price)

Chapter 8: United States Ground Granulated Blast-Furnace Slag (GGBFS) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 9: China Ground Granulated Blast-Furnace Slag (GGBFS) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 10: Germany Ground Granulated Blast-Furnace Slag (GGBFS) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 11: Japan Ground Granulated Blast-Furnace Slag (GGBFS) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 12: France Ground Granulated Blast-Furnace Slag (GGBFS) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 13: South Korea Ground Granulated Blast-Furnace Slag (GGBFS) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 14: United Kingdom Ground Granulated Blast-Furnace Slag (GGBFS) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 15: India Ground Granulated Blast-Furnace Slag (GGBFS) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 16: Italy Ground Granulated Blast-Furnace Slag (GGBFS) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 17: Brazil Ground Granulated Blast-Furnace Slag (GGBFS) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 18: Mexico Ground Granulated Blast-Furnace Slag (GGBFS) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 19: Indonesia Ground Granulated Blast-Furnace Slag (GGBFS) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 20: Vietnam Ground Granulated Blast-Furnace Slag (GGBFS) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 21: South Africa Ground Granulated Blast-Furnace Slag (GGBFS) Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 22: Research Conclusion

Chapter 23: Methodology and Data Source

Purpose and Value of the Report

Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.

Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.

Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.

Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.

Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.

Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.