Slag Cement Global Market Report 2026

Slag cement is a type of hydraulic cement made by grinding granulated blast furnace slag, a byproduct of iron manufacturing and blending it with Portland cement or using it as a partial substitute. It improves the durability, strength, and workability of concrete while enhancing its resistance to chemical attacks and lowering the heat generated during hydration.

The main categories of slag cement include ground granulated blast furnace slag (GGBFS), Portland slag cement (PSC), supersulfated cement, and others. Ground granulated blast furnace slag (GGBFS) is produced as a byproduct from iron production blast furnaces, where molten slag is quickly cooled with water and then finely ground into powder. This cement is used in various applications such as ready-mix concrete, precast concrete, high-performance concrete, mass concrete, shotcrete, concrete blocks and pavers, mortars and grouts, soil stabilization, and more. It serves a wide range of end users including residential, commercial, infrastructure, and industrial construction sectors.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the slag cement market by influencing the cross-border movement of granulated blast furnace slag and finished slag cement products, leading to cost fluctuations and supply chain adjustments. The effects are most pronounced in GGBFS and portland slag cement segments and in regions such as asia-pacific, europe, and north america where steel and cement industries are closely linked. Higher tariffs have increased input costs for cement producers and infrastructure projects. However, tariffs have also encouraged localized sourcing of slag, strengthened domestic cement production, and promoted greater utilization of industrial byproducts within regional markets.

The slag cement market research report is one of a series of new reports from The Business Research Company that provides slag cement market statistics, including slag cement industry global market size, regional shares, competitors with a slag cement market share, detailed slag cement market segments, market trends and opportunities, and any further data you may need to thrive in the slag cement industry. This slag cement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The slag cement market size has grown strongly in recent years. It will grow from $17.28 billion in 2025 to $18.78 billion in 2026 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to early use of ggbfs in concrete mixtures, adoption of slag cement in infrastructure projects, growth in precast and ready-mix concrete demand, development of sulfate-resistant and rapid-hardening psc, increasing awareness of eco-friendly cement alternatives.

The slag cement market size is expected to see strong growth in the next few years. It will grow to $25.89 billion in 2030 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to rising construction activities in residential and commercial sectors, increasing infrastructure development projects, growing demand for high-performance concrete, adoption of slag cement in marine and acid-resistant applications, innovations in blended and alkali-activated slag cement products. Major trends in the forecast period include increasing use of slag cement in infrastructure and mass concrete projects, rising preference for sulfate-resistant and low heat cement, growing adoption of slag cement in marine and coastal construction, expansion of blended slag cement formulations, increasing demand for high durability and long-life concrete solutions.

The rise in residential construction activities is expected to drive the growth of the slag cement market moving forward. Residential construction involves building or renovating structures such as houses, apartments, and condominiums intended for living purposes. This activity is increasing due to population growth, which raises the demand for new housing to accommodate more residents. Slag cement enhances the strength and durability of concrete used in residential construction, contributing to longer-lasting and more environmentally friendly homes. For example, in June 2025, the United States Census Bureau reported that privately owned housing completions reached a seasonally adjusted annual rate of 1,526,000 in May, a 5.4% increase compared to the revised April figure of 1,448,000. Single-family housing completions were recorded at a rate of 1,027,000 for May, representing an 8.1% rise from the revised April rate of 950,000. Hence, the increase in residential construction is propelling the slag cement market.

Leading companies in the slag cement market are concentrating on launching innovative initiatives, such as new slag cement production facilities, to boost capacity, satisfy rising demand for sustainable construction materials, and reduce carbon emissions associated with traditional cement manufacturing. Slag cement facilities are specialized plants where ground granulated blast furnace slag (GGBFS) is processed into slag cement, serving as an eco-friendly substitute for conventional Portland cement in concrete production. For instance, in April 2024, Heidelberg Materials, a Germany-based building materials manufacturer, through its joint venture with Eagle Materials Inc., a US-based building materials producer, inaugurated a new slag cement plant. The facility, with an annual capacity of approximately 500,000 tons, is designed to complement their existing cement operations and meet increasing regional demand for sustainable, high-performance building materials. This strategic move reflects both companies' commitment to reducing the carbon footprint of their products and promoting environmentally responsible construction.

In August 2024, Ambuja Cements Limited, an India-based cement manufacturer, completed the acquisition of Penna Cement Industries for an undisclosed sum. This acquisition aims to substantially enhance Ambuja Cement's market presence in southern and eastern India, increase overall production capacity by integrating Penna Cement's operational and upcoming facilities, and advance its long-term goal of becoming a leading, cost-efficient cement producer in the country. Penna Cement Industries is an India-based manufacturer of portland slag cement (PSC).

Major companies operating in the slag cement market report are CRH plc, Holcim Ltd., HeidelbergCement AG, CEMEX S.A.B. de C.V., UltraTech Cement, Vicat S.A., Ambuja Cements Limited, Votorantim Cimentos S.A., Titan Cement International S.A., Dalmia Cement Limited, ACC Limited, Birla Corporation, The Ramco Cements Limited, JSW Cement Limited, Buzzi Unicem S.p.A., Binani Cement Limited, AshakaCem PLC, MP Birla Cement Limited, Lafarge S.A., CIMAF S.A., Eurocement Group, Eugene Basic Materials Co. Ltd.

North America was the largest region in the slag cement market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the slag cement market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the slag cement market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The slag cement market consists of sales of products including lafarge slag cement, skyway slag cement, blast furnace slag cement (PSC), and newcem slag cement. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Slag Cement Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses slag cement market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for slag cement ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The slag cement market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Ground Granulated Blast Furnace Slag (GGBFS); Portland Slag Cement (PSC); Supersulfated Cement; Other Types
• 2) By Application: Ready-Mix Concrete; Precast Concrete; High-Performance Concrete; Mass Concrete Applications; Shotcrete; Concrete Blocks And Pavers; Mortars And Grouts; Soil Stabilization; Other Applications
• 3) By End Use: Residential Construction; Commercial Construction; Infrastructure Development; Industrial Construction; Other End Uses
• Subsegments:
• 1) By Ground Granulated Blast Furnace Slag (GGBFS): Fine Ground Granulated Blast Furnace Slag; Coarse Ground Granulated Blast Furnace Slag; Alkali-Activated Ground Granulated Blast Furnace Slag; Blended Ground Granulated Blast Furnace Slag
• 2) By Portland Slag Cement (PSC): Ordinary Portland Slag Cement; High-Slag Portland Cement; Sulfate-Resistant Portland Slag Cement; Rapid-Hardening Portland Slag Cement
• 3) By Supersulfated Cement: High-Slag Content Supersulfated Cement; Low Heat Supersulfated Cement; Acid-Resistant Supersulfated Cement; Marine-Grade Supersulfated Cement
• 4) By Other Types: Slag-Lime Cement; Slag-Alkali Cement; Slag-Phosphate Cement; Slag-Composite Cement
• Companies Mentioned: CRH plc; Holcim Ltd.; HeidelbergCement AG; CEMEX S.A.B. de C.V.; UltraTech Cement; Vicat S.A.; Ambuja Cements Limited; Votorantim Cimentos S.A.; Titan Cement International S.A.; Dalmia Cement Limited; ACC Limited; Birla Corporation; The Ramco Cements Limited; JSW Cement Limited; Buzzi Unicem S.p.A.; Binani Cement Limited; AshakaCem PLC; MP Birla Cement Limited; Lafarge S.A.; CIMAF S.A.; Eurocement Group; Eugene Basic Materials Co. Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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