The Global Granulated Blast-Furnace Slag Market is a cornerstone of sustainable construction, with an estimated value of USD 3.8 Billion in 2023. It is projected to reach USD 5.5 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period (2024–2029). This robust growth is primarily driven by the global push for green building materials, stringent carbon emission regulations, and the superior performance characteristics of GGBS in enhancing the durability and longevity of concrete structures.

As the construction industry accelerates its transition toward decarbonization and circular economy principles, the companies that produce, process, and supply granulated blast-furnace slag are becoming increasingly vital. In this blog, we profile the Top 10 Companies in the Granulated Blast-Furnace Slag Industry—a group of cement giants, steel industry leaders, and material specialists shaping the future of sustainable infrastructure.

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🔟 1. LafargeHolcim

Headquarters: Zug, Switzerland
Key Offering: Holcim Ground Granulated Blast-Furnace Slag (GGBS)

LafargeHolcim is a global leader in building materials and a major producer of GGBS. The company leverages its extensive network of cement plants and strategic partnerships with steel producers to offer high-quality slag cement products that significantly reduce the carbon footprint of concrete.

Sustainability Initiatives:

• Ambition to reach 100% of cement with low CO2 intensity by 2030
• Widespread promotion of ECOPlanet green cement range, which incorporates GGBS
• Investment in carbon capture, utilization, and storage (CCUS) technologies

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Global Granulated Blast-Furnace Slag Market – View in Detailed Research Report

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9️⃣ 2. HeidelbergCement AG

Headquarters: Heidelberg, Germany
Key Offering: trasslag cement, GGBS for ready-mix concrete

HeidelbergCement is one of the world’s largest integrated manufacturers of building materials. The company produces and markets a range of cement products containing granulated blast-furnace slag, focusing on delivering high-performance, environmentally friendly solutions for large-scale infrastructure projects.

Sustainability Initiatives:

• Target to reduce specific net CO2 emissions by 30% by 2025 compared to 1990
• Development of low-carbon product portfolios, including slag-based cements
• Active participation in global alliances for climate action in cement and concrete

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8️⃣ 3. CEMEX, S.A.B. de C.V.

Headquarters: San Pedro Garza García, Mexico
Key Offering: CEMEX GGBS, Vertua® low-carbon concrete

CEMEX is a global building materials company that provides high-quality GGBS to markets worldwide. The company’s flagship Vertua® product line features concrete mixes with reduced clinker content, utilizing GGBS to achieve lower embodied carbon without compromising performance.

Sustainability Initiatives:

• Goal to deliver net-zero CO2 concrete globally by 2050
• Innovation in circular economy processes, using industrial by-products like slag
• Global rollout of Vertua® low-carbon products

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7️⃣ 4. Boral Limited

Headquarters: North Sydney, Australia
Key Offering: Boral Cement GGBS, Specialty Construction Materials

Boral is a leading integrated construction materials supplier in Australia, with a significant presence in the slag cement market. The company operates a dedicated slag grinding plant and supplies GGBS for use in major infrastructure, commercial, and residential projects.

Sustainability Initiatives:

• Commitment to net-zero emissions by 2050
• Development of environmentally certified product declarations (EPDs) for its cement products
• Focus on sustainable sourcing and manufacturing practices

Download FREE Sample Report:
Global Granulated Blast-Furnace Slag Market – View in Detailed Research Report

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6️⃣ 5. Taiheiyo Cement Corporation

Headquarters: Tokyo, Japan
Key Offering: ECO-CEMENT, Ground Granulated Blast Furnace Slag

Taiheiyo Cement is Japan’s largest cement manufacturer and a significant player in the Asian GGBS market. The company produces a range of blended cements that incorporate blast-furnace slag, contributing to the country’s advanced sustainable construction practices.

Sustainability Initiatives:

• Long-term vision for a carbon-neutral circular economy by 2050
• Promotion of “Eco-Cement” made from industrial waste and by-products
• R&D into new cement technologies for CO2 reduction

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5️⃣ 6. CRH plc

Headquarters: Dublin, Ireland
Key Offering: GGBS, Low Carbon Concrete Solutions

CRH is a leading global building materials business with a strong focus on sustainable construction. Through its operations in Europe and the Americas, CRH supplies GGBS as a key component in its low-carbon concrete offerings, serving a diverse range of construction sectors.

Sustainability Initiatives:

• Commitment to a 30% reduction in CO2 intensity by 2030
• Investment in sustainable product innovation and low-carbon solutions
• Leadership in circular economy practices within the building materials sector

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4️⃣ 7. UltraTech Cement Ltd.

Headquarters: Mumbai, India
Key Offering: UltraTech Green Building Solutions, GGBS-blended cement

UltraTech Cement, part of the Aditya Birla Group, is India’s largest cement producer and a major supplier of GGBS-blended cement. The company caters to the rapidly growing Indian infrastructure market with products that offer enhanced durability and sustainability.

Sustainability Initiatives:

• Focus on increasing the use of alternative raw materials and fuels
• Development of products that contribute to green building certifications
• Commitment to water positivity and sustainable mining practices

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3️⃣ 8. JSW Cement

Headquarters: Mumbai, India
Key Offering: JSW Concrete+, Portland Slag Cement (PSC)

JSW Cement leverages the blast furnace slag from its parent company, JSW Steel, to produce Portland Slag Cement (PSC). This vertical integration allows JSW to offer a consistent and high-quality product that is central to its green product portfolio.

Sustainability Initiatives:

• Focus on producing greener cement with up to 70% lower carbon footprint
• Utilization of industrial by-products to promote a circular economy
• Aim to become one of the most sustainable cement companies globally

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2️⃣ 9. Birla Corporation Ltd. (MP Birla Cement)

Headquarters: Kolkata, India
Key Offering: MP Birla Cement Perfect Plus, PSC

Birla Corporation is a prominent cement manufacturer in India with a strong portfolio of Portland Slag Cement. The company’s strategic location near steel plants ensures a steady supply of granulated blast-furnace slag for its production processes.

Sustainability Initiatives:

• Implementation of waste heat recovery systems to improve energy efficiency
• Use of industrial by-products to reduce the environmental impact of cement production
• Commitment to sustainable and responsible manufacturing

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1️⃣ 10. Anhui Conch Cement Company Limited

Headquarters: Wuhu, Anhui, China
Key Offering: Conch Brand Cement, GGBS for concrete admixtures

Anhui Conch Cement is one of the largest cement manufacturers in China and the world. The company has a significant production capacity for cement and clinker and is increasingly focusing on producing blended cements that incorporate GGBS to meet environmental standards.

Sustainability Initiatives:

• Massive investment in waste heat recovery power generation
• Pioneering alternative fuel usage in the Chinese cement industry
• Focus on technological innovation to reduce carbon emissions

Get Full Report Here:
Global Granulated Blast-Furnace Slag Market – View in Detailed Research Report

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🏗️ Outlook: The Future of Construction is Green and Durable

The granulated blast-furnace slag market is at the forefront of the construction industry’s sustainability transformation. As a key supplementary cementitious material (SCM), GGBS is no longer just a by-product but a strategic resource for reducing the carbon footprint of the built environment.

📈 Key Trends Shaping the Market:

• Rising demand for green building certifications (LEED, BREEAM) driving GGBS adoption
• Government policies and carbon taxes incentivizing low-carbon construction materials
• Infrastructure development in emerging economies creating massive demand for durable concrete
• Technological advancements in slag grinding and processing improving product quality and efficiency

Get Full Report Here:
Global Granulated Blast-Furnace Slag Market – View in Detailed Research Report

The companies profiled are not only supplying a vital construction material—they are enabling the creation of a more resilient and sustainable built environment for future generations.