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The Asia Pacific Iron and Steel Slag market size was valued at US$ 14.23 billion in 2024 and is projected to reach US$ 18.76 billion by 2030, at a CAGR of 4.7% during the forecast period 2024-2030.
Iron and steel slag is a byproduct of iron and steel manufacturing, used in various applications including cement production, road construction, soil conditioning, and as a raw material for other industrial processes.
The Asia Pacific iron and steel slag market is experiencing steady growth, driven by increasing infrastructure development and the push for sustainable construction materials. China accounts for 60% of the market, followed by Japan at 15% and India at 10%. In 2023, the cement industry consumed 45% of total production, with road construction at 25% and soil conditioning at 15%. The market saw an 8% increase in demand for ground granulated blast furnace slag (GGBS) as a cement replacement. Key players include Nippon Steel Corporation (Japan) and POSCO (South Korea), holding a combined 35% market share in the region. The industry is investing in slag valorization technologies,
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific Iron and Steel Slag . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Iron and Steel Slag , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific Iron and Steel Slag , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Iron and Steel Slag . This report contains market size and forecasts of Iron and Steel Slag in Asia Pacific, including the following market information:
We surveyed the Iron and Steel Slag manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
The report also provides analysis of leading market participants including:
FAQs: Asia Pacific Iron and Steel Slag Market (2024–2030)
1. What is the market size of the iron and steel slag industry in Asia Pacific in 2024?
2. What is the projected market value of the iron and steel slag market by 2030?
3. What is the expected CAGR of the market from 2024 to 2030?
4. What is iron and steel slag used for?
Iron and steel slag is widely used in:
Road base and asphalt paving
Cement production and concrete aggregates
Soil conditioners in agriculture
Railroad ballast
Land reclamation and construction fill material
5. What factors are driving the growth of the iron and steel slag market in Asia Pacific?
Key growth drivers include:
Rapid urbanization and infrastructure development
Increasing use of slag in green building materials
Environmental regulations encouraging slag recycling
Expanding steel production across emerging economies like India, Vietnam, and Indonesia
Key Points of this Report:
Reasons to Purchase this Report:
1.1 Product Overview and Scope of Iron and Steel Slag
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Blast Furnace Slag
1.2.3 Steelmaking Slag
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Building & Construction
1.3.3 Railways
1.3.4 Fertilizers
1.3.5 Metallurgical
1.3.6 Others
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 POSCO
8.1.1 POSCO Corporation Information
8.1.2 POSCO Product Portfolio
8.1.3 POSCO Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 POSCO Main Business and Markets Served
8.1.5 POSCO Recent Developments/Updates
8.2 Nippon Steel Corporation
8.2.1 Nippon Steel Corporation Corporation Information
8.2.2 Nippon Steel Corporation Product Portfolio
8.2.3 Nippon Steel Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Nippon Steel Corporation Main Business and Markets Served
8.2.5 Nippon Steel Corporation Recent Developments/Updates
8.3 Tata Steel
8.3.1 Tata Steel Corporation Information
8.3.2 Tata Steel Product Portfolio
8.3.3 Tata Steel Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Tata Steel Main Business and Markets Served
8.3.5 Tata Steel Recent Developments/Updates
8.4 JFE Steel Corporation
8.4.1 JFE Steel Corporation Corporation Information
8.4.2 JFE Steel Corporation Product Portfolio
8.4.3 JFE Steel Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 JFE Steel Corporation Main Business and Markets Served
8.4.5 JFE Steel Corporation Recent Developments/Updates
8.5 JSW Steel Ltd
8.5.1 JSW Steel Ltd Corporation Information
8.5.2 JSW Steel Ltd Product Portfolio
8.5.3 JSW Steel Ltd Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 JSW Steel Ltd Main Business and Markets Served
8.5.5 JSW Steel Ltd Recent Developments/Updates
8.6 Baosteel Group
8.6.1 Baosteel Group Corporation Information
8.6.2 Baosteel Group Product Portfolio
8.6.3 Baosteel Group Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Baosteel Group Main Business and Markets Served
8.6.5 Baosteel Group Recent Developments/Updates
8.7 Hyundai Steel
8.7.1 Hyundai Steel Corporation Information
8.7.2 Hyundai Steel Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Hyundai Steel Main Business and Markets Served
8.7.4 Hyundai Steel Recent Developments/Updates
8.8 Shagang Group
8.8.1 Shagang Group Corporation Information
8.8.2 Shagang Group Product Portfolio
8.8.3 Shagang Group Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Shagang Group Main Business and Markets Served
8.8.5 Shagang Group Recent Developments/Updates
8.9 Anshan Iron and Steel Group Corporation
8.9.1 Anshan Iron and Steel Group Corporation Corporation Information
8.9.2 Anshan Iron and Steel Group Corporation Product Portfolio
8.9.3 Anshan Iron and Steel Group Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Anshan Iron and Steel Group Corporation Main Business and Markets Served
8.9.5 Anshan Iron and Steel Group Corporation Recent Developments/Updates
8.10 Wuhan Iron and Steel Corporation
8.10.1 Wuhan Iron and Steel Corporation Corporation Information
8.10.2 Wuhan Iron and Steel Corporation Product Portfolio
8.10.3 Wuhan Iron and Steel Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Wuhan Iron and Steel Corporation Main Business and Markets Served
8.10.5 Wuhan Iron and Steel Corporation Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Iron and Steel Slag
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Asia Pacific Production, Revenue Forecast (2024-2030)
13.1 Asia Pacific Forecasted Consumption of by Country
14.1 Asia Pacific Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Asia Pacific Forecasted Production of by Type (2024-2030)
14.1.2 Asia Pacific Forecasted Revenue of by Type (2024-2030)
14.1.3 Asia Pacific Forecasted Price of by Type (2024-2030)
14.2 Asia Pacific Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Asia Pacific Forecasted Production of by Application (2024-2030)
14.2.2 Asia Pacific Forecasted Revenue of by Application (2024-2030)
14.2.3 Asia Pacific Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?
