The purpose of the report is to illustrate the state of the market of Ferrous Slag, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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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. China alone produces more than 50% of all slag. Europe, North America and Japan are also expected to witness a gradual increase in slag availability over upcoming years. The cement and aggregates industries, the main users of ferrous slag; due to significant changes have been made in the environmental legislation and the economics of the carbon market has affected these industries. Global ferrous slag market revenue is expected to grow at rate of 1.8% over the forecast period 2016-2023. Growing demand from developing countries like India and China is expected to drive the growth of ferrous slag market over the forecast period. According to industry experts, aggregates is expected to remain the key driver for ferrous slag market coupled with increasing demand from filter media and agricultural sector especially in region such as BRIC which is anticipated to fuel the growth of ferrous slag market. In 2015, Asia pacific was observed as the largest and fastest growing market for ferrous slag.
Lafarge-Holcim. (Switzerland), Lehigh Cement/Hanson. (U.S.), Ash Grove Cement. (U.S.), St Mary’s Cement Inc. (Canada), Argos (U.S.), Harsco (U.S.), TMS International (U.S.) are few key manufacturers in ferrous slag market.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Ferrous Slag buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Ferrous Slag contains:
Analysis and forecast of Ferrous Slag market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Ferrous Slag market;
Assessment and forecast of Ferrous Slag market development;
Financial and business profiles of the leading companies in the Ferrous Slag industry.
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– Up to date working Ferrous Slag data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Ferrous Slag for the period 2018 to 2026
– Planned Ferrous Slag additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Ferrous Slag projects by region, key countries, and companies
– Details of major planned Ferrous Slag projects in the world up to 2026
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