Global Ground Granulated Blast-Furnace Slag (GGBFS) Market Research Report 2020

Published Date: 2020-02-21   |   Pages: 116   |   Tables: 211   | Report Id: 1528933   | Hits: 33 |   Chemical & Material

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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.

ArcelorMittal ranks the first in terms of revenue share in global market of Ground Granulated Blast-furnace Slag (GGBFS), occupies 5.73% of the global market share in 2018; While, POSCO, with a market share of 4.25%, comes the second; All the other manufacturers which are not included in the report together consist of approximately 66.24% of the global market in 2018.

QY Research has recently curated a research report titled, Global Ground Granulated Blast-Furnace Slag (GGBFS) Market Research Report 2020. The report is structured on primary and secondary research methodologies that derive historic and forecast data. The global Ground Granulated Blast-Furnace Slag (GGBFS) market is growing remarkably fast and is likely to thrive in terms of volume and revenue during the forecast period. Readers can gain insight into the various opportunities and restraints shaping the market. The report demonstrates the progress and bends that will occur during the forecast period.

Global Ground Granulated Blast-Furnace Slag (GGBFS) Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of sales about the global market and also about each type from 2015 to 2026. This section mentions the volume of sales by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Ground Granulated Blast-Furnace Slag (GGBFS) Market: Segment Analysis

The research report includes specific segments such as application and product type. Each type provides information about the sales during the forecast period of 2015 to 2026. The application segment also provides revenue by volume and sales during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Global Ground Granulated Blast-Furnace Slag (GGBFS) Market: Regional Analysis

The research report includes a detailed study of regions of North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.

Global Ground Granulated Blast-Furnace Slag (GGBFS) Market: Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.

Following are the segments covered by the report are:

Specific Surface Area ≥ 300m²/Kg

Specific Surface Area ≥ 400m²/Kg

Specific Surface Area ≥ 500m²/Kg

SSA ≥400m²/Kg is the most used type in 2019, with over 43.56% market share.

By Application:

Cement Production

Concrete Aggregate

Roadbed Material


Demand of cement production occupied most of market share of about 81.34% in 2019.

Key Players:

The Key manufacturers that are operating in the global Ground Granulated Blast-Furnace Slag (GGBFS) market are:


Nippon Steel

China Baowu Steel Group


Hesteel Group

JFE Steel

Tata Steel

Nucor Corporation

Hyundai Steel

Jiangsu Shagang Group

Ansteel Group

NLMK Group


Shougang Group

US Steel

Competitive Landscape

The analysts have provided a comprehensive analysis of the competitive landscape of the global Ground Granulated Blast-Furnace Slag (GGBFS) market with the company market structure and market share analysis of the top players. The innovative trends and developments, mergers and acquisitions, product portfolio, and new product innovation to provide a dashboard view of the market, ultimately providing the readers accurate measure of the current market developments, business strategies, and key financials.

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