Ground Granulated Blast-furnace Slag Market Size

Ground Granulated Blast-furnace Slag Market size was valued at USD 22.85 billion in 2024 and is set to exceed USD 48.14 billion by 2037, registering over 5.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of ground granulated blast-furnace slag is evaluated at USD 23.93 billion.

The rising need to use environmentally friendly products across the world will increase the market of ground granulated blast-furnace slag [GGBFS] by the end of 2037. Current studies have studied the components that impact the buying of environmentally friendly goods under the attitude-behavior-context (ABC) opinion and the mitigating influence of applications of information and communication technology (ICT) creation. Additionally, this study has been executed in a growing country, and the behavioral impact of growing countries’ consumers is various from those of developed. Another study in Italy measured the non-green and green adult consumer purchase behavior. Researchers calculated factors like self-identity, environmental results, Sensory personal trouble of buying, and moral responsibilities.

Another reason that will propel the GGBFS Market by the end of 2037 is the quick expansion of the construction industry mainly in developing countries. A badly functioning sector has two basic results: first, it inclines to translate into high prices, taking to low levels of output for a provided level of expense. For instance, if a kilometer of road costs USD 1 million in country A and USD 2 million in country B, the latter can provide exactly half the length of the road. The enormous observation station utilizes encouragement and other technologies, which signifies modifying the leakproofness of the building and injecting air into the internal, to adjust the indoor main human arrangement environment markers to the low altitude level in the plain field, expressed Wang Kaiqiang, chief of the China Construction Institute of Advanced Technology. The project kinds in this sector comprise leisure and hospitality buildings, office infrastructures, outdoor leisure capabilities, and retail buildings.