Slag Cement Market Report 2026

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.

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