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Slag Handling Equipment Market Size, Share & Industry | 2030
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Slag Handling Equipment Market Size, Share & Industry | 2030

Segments - Global Slag Handling Equipment Market by Industries (Building & Construction, Railways, Mining, Manufacturing, Agriculture, and Others), Applications (Steel Slag Handling, Iron Slag Handling, and Furnace Slag Handling), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Rucha Phatak

Upcoming | Report ID :CM-910 | 4.6 Rating | 61 Reviews | 142 Pages | Format : PDF Excel PPT

Report Description


The global slag handling equipment market is anticipated to expand at a substantial CAGR during the forecast period, 2021-2028. Slag is a glass-like industrial by-product which remains after a desired material is extracted from its raw ore. On the basis of iron content slag, the market is bifurcated into ferrous slag and non-ferrous slag. Slag handling equipment are able to handle huge chunks of slag effectively. Slag handling equipment is majorly used in glass manufacturing, mining, construction and building, and railroad industry. Additionally, slag handling equipment is used for inward as well as outward product handling to accelerate movement of heavy material in incineration plants. This is anticipated to propel the global slag handling equipment market.

Market Trends, Drivers, Restraints, and Opportunities:

  • Rapid growth of the industrial and manufacturing sector in developed as well as developing countries is anticipated to propel the slag handling equipment market. Several governments worldwide are investing in building new infrastructure to expand rail networks, airports, and seaports as well as upgrading the existing infrastructure. These infrastructure activities are estimated to drive the global demand for slag handling equipment.
  • Escalating use of slag handling equipment in the flourishing iron and steel industry to handle hot slag is anticipated to enhance the demand for slag handling equipment.
  • Rising adoption of slag handling equipment in the manufacturing sector for handling, managing, storing, and transporting material and goods is expected to fuel the growth of the slag handling equipment market during the forecast period.

Scope of the report:

The report on the global slag handling equipment market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Base Year

2020

Historic Data

2018 & 2019

Forecast Period

2021–2028

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Global Slag Handling Equipment Market Segment Insights:

Global Slag Handling Equipment Market Taxonomy

Manufacturing segment to hold a significant market share
On the basis of industries, the global slag handling equipment market can be segmented into building & construction, railways, mining, manufacturing, agriculture, and others. The manufacturing segment holds a major share of the market. The manufacturing sector has been affected significantly due to the COVID-19 pandemic. However, the segment is anticipated to expand substantially during the forecast period owing to the steady recovery of the manufacturing sector due to gradually relaxation of pandemic lockdown.

Iron Slag segment on the rise during the forecast period
In terms of applications, the global slag handling equipment market can be divided into steel slag handling, iron slag handling, and furnace slag handling. The iron slag handling equipment is expected to hold a major share of the market in the coming years owing to the wide use of the equipment in various iron slag applications. The iron slag handling equipment segment is followed by steel and glass slag handling segment in terms of revenue.

North America constitutes a dominant share of the global market
Based on regions, the market can be classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to hold a major share of the market during the forecast period owing to growing industrial and infrastructure activities in the region. The market in Europe is estimated to register a significant growth rate during the forecast period and is followed by Asia Pacific.

Segments

Segments Covered in the Report
The global slag handling equipment market can be divided based on industries, applications, and regions.

Industries
  • Building & Construction
  • Railways
  • Mining
  • Manufacturing
  • Agriculture
  • Others
Applications
  • Steel Slag Handling
  • Iron Slag Handling
  • Furnace Slag Handling
Regions
  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa
Key Players
  • American Crane and Equipment Corp.
  • BHS SONTHOFEN
  • Dongqi Group
  • HORN & CO. GROUP
  • Stemm
  • Konecranes
  • Himalaya Steel Mill Services Private Limited
  • Paling Transporter
  • C&M Machinery
  • N.M. Heilig B.V.

Competitive Landscape

Major players in the global slag handling equipment market includes American Crane and Equipment Corp, BHS SONTHOFEN, Dongqi Group, HORN & CO. GROUP, Stemm, Konecranes, Himalaya Steel Mill Services Private Limited, Paling Transporter, C&M Machinery, and N.M. Heilig B.V. Many of these companies have adopted research and development as a market strategy tool to enhance their market presence amid the rising global competition. The strategy is aimed to help provide better quality and new features of the products to customers.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Slag Handling Equipment Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Slag Handling Equipment Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Slag Handling Equipment Market - Supply Chain
  4.5. Global Slag Handling Equipment Market Forecast
     4.5.1. Slag Handling Equipment Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Slag Handling Equipment Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Slag Handling Equipment Market Absolute $ Opportunity
5. Global Slag Handling Equipment Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Slag Handling Equipment Market Size and Volume Forecast by Applications
     5.3.1. Steel Slag Handling
     5.3.2. Iron Slag Handling
     5.3.3. Furnace Slag Handling
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Slag Handling Equipment Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Slag Handling Equipment Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Slag Handling Equipment Demand Share Forecast, 2019-2026
7. North America Slag Handling Equipment Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Slag Handling Equipment Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Slag Handling Equipment Market Size and Volume Forecast by Applications
     7.4.1. Steel Slag Handling
     7.4.2. Iron Slag Handling
     7.4.3. Furnace Slag Handling
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Slag Handling Equipment Demand Share Forecast, 2019-2026
8. Latin America Slag Handling Equipment Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Slag Handling Equipment Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Slag Handling Equipment Market Size and Volume Forecast by Applications
     8.4.1. Steel Slag Handling
     8.4.2. Iron Slag Handling
     8.4.3. Furnace Slag Handling
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Slag Handling Equipment Demand Share Forecast, 2019-2026
9. Europe Slag Handling Equipment Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Slag Handling Equipment Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Slag Handling Equipment Market Size and Volume Forecast by Applications
     9.4.1. Steel Slag Handling
     9.4.2. Iron Slag Handling
     9.4.3. Furnace Slag Handling
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Slag Handling Equipment Demand Share Forecast, 2019-2026
10. Asia Pacific Slag Handling Equipment Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Slag Handling Equipment Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Slag Handling Equipment Market Size and Volume Forecast by Applications
     10.4.1. Steel Slag Handling
     10.4.2. Iron Slag Handling
     10.4.3. Furnace Slag Handling
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Slag Handling Equipment Demand Share Forecast, 2019-2026
11. Middle East & Africa Slag Handling Equipment Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Slag Handling Equipment Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Slag Handling Equipment Market Size and Volume Forecast by Applications
     11.4.1. Steel Slag Handling
     11.4.2. Iron Slag Handling
     11.4.3. Furnace Slag Handling
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Slag Handling Equipment Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Slag Handling Equipment Market: Market Share Analysis
  12.2. Slag Handling Equipment Distributors and Customers
  12.3. Slag Handling Equipment Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. American Crane and Equipment Corp.
     12.4.2. BHS SONTHOFEN
     12.4.3. Dongqi Group
     12.4.4. HORN & CO. GROUP
     12.4.5. Stemm
     12.4.6. Konecranes
     12.4.7. Himalaya Steel Mill Services Private Limited
     12.4.8. Paling Transporter

Methodology

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