The iron and steel slag is also known as ferrous slag and is produced by adding lime and silica sand or limestone to the blast furnaces that results in eliminating the impurities from scrap, iron ore and other ferrous materials that also results in the lowering of the heat requirements of the iron-steel making. The iron and steel slag can be achieved by numerous processes like blast furnace slags, granulated blast furnace slags, sir cooled blast furnace slag, steelmaking slag, converter slag and electric arc furnace slag. The applications of slag are widely determined by the process that is applied to cool the slag due to which the steel slags are cooled under suitable conditions, resulting into a dense and hard slag that is extensively used as an inexpensive aggregate.
MARKET DYNAMICS
The iron and steel slag market is assumed to grow in the forecast owing to the expansion of the construction and building industry coupled with strict environmental emission control regulations. However, the abundant availability of natural aggregates like crushed stone, sand and gravel might restrict the growth of the iron and steel slag market. On the other hand, the environmental legislation by government and international bodies is likely to showcase growth opportunities for the iron and steel slag market during the forecast period.
MARKET SCOPE
The "Global Iron and Steel Slag Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of iron and steel slag market with detailed market segmentation by process, application, and geography. The global iron and steel slag market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading iron and steel slag market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global iron and steel slag market is segmented on the basis of process, and applications. Based on process, the market is segmented balst furnace slag, granulated blast furnace slag, air cooled blast furnace slag, steelmaking slag, coverter slag, and electric arc furnace slag. On the basis of application, the market is segmented as building & construction, railways, fertilizers and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global iron and steel slag market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The iron and steel slag market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting iron and steel slag market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the iron and steel slag market in these regions.
MARKET PLAYERS
The reports cover key developments in the iron and steel slag market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from iron and steel slag market are anticipated to lucrative growth opportunities in the future with the rising demand for iron and steel slag in the global market. Below mentioned is the list of few companies engaged in the iron and steel slag market.
The report also includes the profiles of key iron and steel slag companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Arcelor Mittal
- Edw. C. Levy CO.
- JAYCEE Resources Pvt. Ltd
- JFE Steel Corporation
- JSW Steel
- NIPPON STEEL CORPORATION
- NLMK
- POSCO
- Steel Authority of India Limited
- TATA Steel
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