스틸 슬래그 시장 규모, 점유율 및 성장 분석 : 유형별, 형태별, 용도별, 최종 이용 산업별, 지역별 - 업계 예측(2026-2033년)

Global Steel Slag Market size was valued at USD 21.17 Billion in 2024 and is poised to grow from USD 22.29 Billion in 2025 to USD 33.69 Billion by 2033, growing at a CAGR of 5.3% during the forecast period (2026-2033).

Market insights indicate a significant surge in demand for construction materials, particularly steel slag, driven by extensive infrastructure development worldwide. With substantial investments needed for infrastructure projects, especially in Asia, the utilization of steel slag in construction activities, including road building, is on the rise, notably in developing regions. Urban migration is further fueling this demand, as projections suggest a growing urban population will necessitate extensive infrastructure development. The shift towards sustainability and adherence to environmental regulations, such as waste hierarchy principles, is transforming steel slag from a waste material into a valuable resource. This trend is supported by strict laws in regions like the EU, North America, and Asia-Pacific, which advocate for recycling and repurposing steel slag rather than disposal.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Steel Slag market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Steel Slag Market Segments Analysis

Global Steel Slag Market is segmented by Type, Form, Application, End-Use Industry and region. Based on Type, the market is segmented into Blast Furnace Slag, Electric Arc Furnace (EAF) Slag and Steelmaking Slag / Converter Slag. Based on Form, the market is segmented into Granulated Slag, Air-Cooled Slag and Pelletised Slag. Based on Application, the market is segmented into Construction & Building Materials, Road & Railway Infrastructure, Soil Stabilisation & Agriculture, Fertilisers & Amendment and Others. Based on End-Use Industry, the market is segmented into Construction, Infrastructure / Transportation, Agriculture, Manufacturing & Metals and Energy & Utilities. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Steel Slag Market

One of the key market drivers for the global steel slag market is the increasing emphasis on sustainable construction practices and circular economy principles. As industries and governments seek to reduce environmental footprints, steel slag is being recognized for its potential as a valuable secondary raw material. Its use in various applications, such as road construction, cement production, and as an aggregate in concrete, not only enhances durability and performance but also aids in waste management by recycling byproducts from steel manufacturing. This shift toward greener solutions is driving demand for steel slag, positively impacting market growth and innovation.

Restraints in the Global Steel Slag Market

One of the key market restraints in the global steel slag market is the fluctuating demand for steel in various industries, which directly impacts the production and utilization of steel slag as a byproduct. Economic downturns or shifts in the construction and manufacturing sectors can lead to reduced steel production, subsequently resulting in a surplus of steel slag that is underutilized. Additionally, the varying regulations and standards for waste management across different regions can complicate the recycling and utilization processes of steel slag, deterring potential investments and limiting market growth.

Market Trends of the Global Steel Slag Market

The Global Steel Slag market is witnessing a notable trend driven by technological advancements in slag processing. Enhanced grinding techniques and innovative chemical treatments have significantly improved the usability and reactivity of steel slag, particularly for applications in cement production and ultra-high-performance concrete (UHPC). This evolution not only increases the quality and consistency of the product but also positions steel slag as a competitive alternative in construction materials, aligning with the growing emphasis on sustainability in the industry. As demand for high-performance and environmentally-friendly building materials surges, the steel slag market is poised to expand and adapt to these emerging construction trends.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technology Assessment
• Regulatory Landscape

Global Steel Slag Market Size by Type & CAGR (2026-2033)

• Market Overview
• Blast Furnace Slag
• Electric Arc Furnace (EAF) Slag
• Steelmaking Slag / Converter Slag

Global Steel Slag Market Size by Form & CAGR (2026-2033)

• Market Overview
• Granulated Slag
• Air-Cooled Slag
• Pelletised Slag

Global Steel Slag Market Size by Application & CAGR (2026-2033)

• Market Overview
• Construction & Building Materials
• Road & Railway Infrastructure
• Soil Stabilisation & Agriculture
• Fertilisers & Amendment
• Others

Global Steel Slag Market Size by End-Use Industry & CAGR (2026-2033)

• Market Overview
• Construction
• Infrastructure / Transportation
• Agriculture
• Manufacturing & Metals
• Energy & Utilities

Global Steel Slag Market Size & CAGR (2026-2033)

• North America (Type, Form, Application, End-Use Industry)
  • US
  • Canada
• Europe (Type, Form, Application, End-Use Industry)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Type, Form, Application, End-Use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Type, Form, Application, End-Use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Type, Form, Application, End-Use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• ArcelorMittal
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nippon Steel Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tata Steel
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• JFE Steel Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• POSCO
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Steel Authority of India (SAIL)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hesteel Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hebei Iron & Steel Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NLMK Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• JSW Steel
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Baowu Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Edw. C. Levy Co.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Harsco Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• United States Steel Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kobe Steel, Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TMS International
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Stein, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• China Baowu Steel Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Thyssenkrupp AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SAIL Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations