The global steel slag market size was valued at USD 25.66 billion in 2022 and is projected to reach a valuation of USD 26.83 billion in 2023. The market is expected to reach USD 38.28 billion by 2030 with a CAGR of 5.2% during the forecast period. Steel slag has various minerals which are used in construction materials owing to its high hardness, durability, and ability to improve concrete properties. The demand for road construction is supporting the market growth. Fortune Business Insights™ shares this information in its report titled “Global Steel Slag Market, 2025-2030.”

Get a Free Sample PDF Brochure:

**https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/steel-slag-market-104124**

Segmentations Analysis:

Which type segment dominates the steel slag market?

• Blast Furnace Slag holds the dominant share of the market.
• It is widely used in roads, pavements, drainage systems, and canals in the form of hyttsten.
• Steelmaking Slag is also growing in demand due to its use in civil engineering and sand pile compaction projects.

Which application segment leads the market?

• Cement & Concrete is the largest application segment.
• The demand is rising due to its high tensile strength, water resistance, hardness, and chemical compatibility.
• Other applications include construction, fertilizers, and miscellaneous industrial uses.

Drivers and Restraints:

What is driving the growth of the steel slag market?

• Water treatment applications: Steel slag has excellent adsorption capabilities, helping remove phosphate, silica, magnesium, and other contaminants from sewage.
• Land reclamation uses: Its chemical composition helps restore land and improve soil properties.
• Sustainable construction demand: Increasing focus on eco-friendly building materials supports market growth.