Los Angeles, CA -- (SBWire) -- 04/24/2019 --This report studies the Ferrous Slag market. Slag is a broad term covering all non-metallic co products resulting from the separation of a metal from its ore, its chemistry and morphology depends on the metal being produced and the solidification process used. Slags can be broadly categorized as ferrous (iron/steel) and non-ferrous (copper, lead/zinc) depending on the industry from which they come. Depending on the iron and steel production process different slag types can be manufactured like blast furnace slag, basic oxygen furnace slag, electric arc furnace slag, secondary metallurgical slag and other slags.
North America ranks the top in terms of market size of Ferrous Slag, it consists of 29.28% of the global market in 2016. Europe comes the second, with 27.74% of the global market. China and Japan together consists of 24.64% of the global Ferrous Slag market in the same year. All the other regions combined occupies only 18.34% of the global Ferrous Slag market.
CRH Group ranks the first in terms of revenue share in global market of Ferrous Slag, occupies 11.86% of the global market share in 2016; While, ArcelorMittal, with a market share of 15.55%, comes the second; All the other manufacturers which are not included in the report together consist of approximately 24.29%s of the global market in 2016.
The global Ferrous Slag market was 9790 million US$ in 2018 and is expected to 16500 million US$ by the end of 2025, growing at a CAGR of 6.7% between 2019 and 2025.
This report studies the Ferrous Slag market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Ferrous Slag in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
NSSMC
Levy
NLMK
ArcelorMittal
Evraz
Tata Steel
CRH
JFE
By the product type, the market is primarily split into
Blast Furnace Slag
Steel Making Slag
By the end users/application, this report covers the following segments
Construction
Cement Production
Agricultural
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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Ferrous Slag Market Growing at 6.7% CAGR Will Hit 16500 Million US$ in 2025