Slag Handling Equipment Market size shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Slag is a by-product of steel production formed during steel smelting. Different kinds of slag are generated during the steel-making process and the slag qualities vary depending on carbon content of steel. Generally, slag is classified as ferrous and non-ferrous.
Ferrous slag accounts for most of the slag used in commercial production. It comes from iron and steel production. Non-ferrous slag on the other hand contains zinc, copper and lead. There are two types of slag; blast furnace slag and steelmaking slag.
Slag handling is designed and implemented according to customer needs, specifications and local conditions. Slag handling equipment should be effective, reliable and high performing. The equipment should be able to withstand largely abrasive loads and harsh conditions. Components of slag handling equipment are special teeth on the edge of the claws or fully closed orange peel-type grabs to enhance penetration and solid handling.
Slag handling equipment can be totally automated or manually loaded. The equipment usually distributes slag under a conveyor belt to other areas and also loads slag on to trucks.
Slag is used in cement manufacturing because it increases cement strength, road base construction because it lasts long, railroad industry, glass insulation, mining and as a roofing aggregate.
Slag Handling Equipment Market Growth and Trends
• A peaking up hike in manufacturing and infrastructural dynamics stands in direct proprtion to the enhacement of slag handling development market in both developed and developing counries.
• Moreover, government inititaives propose to construct infrastructural settings such as:
Railway interlinks.
Sea ports amd harbours.
New air runways.
Power plants for generating electricity.
These infrastructural constructions forecast the acceleration of slag handling market for robust machinery. This is beacuse of the massive utility of slag material in the building of the aforestated setups.
• Next, a substantial growth in iron and steel for constructing mechanical and thermally equipped roads engenders a high probability to expand the market for slag handling machines.
• Finally, iron and steel industries are efficient to handle, store and transmit goods between multiple places. Therefore, the appropriate management of the factory material could become a boosting factor for slag handling equipment market in the forthcoming decades.
Slag Handling Equipment Market Regional Analysis
The slag handling equipment is thriving in regions where there is growth in the railway, construction, manufacturing, agriculture, and mining sectors. Its usage in handling, managing, and transporting materials is the key reason why this equipment is on high demand. It is expected that advancement in technology, as well as increased industrial activities and infrastructure in 3rd world countries will boost the growth of this equipment’s market on a global scale. Organizations that are contributing to the growth of the slag handling equipment market include AFEX Fire Suppression Systems, Harson Corporation, Kompass International, RHC Deutschland GmbH, American Crane and Equipment Corp, and Konecranes, L&T Cnstruction.
Slag Handling Equipment Market Share and Competition
Key companies operating in this industry are: AFEX Fire Suppression Systems., ALTA, American Crane and Equipment Corp, BHS-Sonthofen., Dongqi Group, Harsco Corporation, HORN & CO. GROUP, Kompass International, Konecranes, L&T Construction., Levy, Paling Transporter, RHC Deutschland GmbH, and RÖGER Greifertechnik.
Slag Handling Equipment Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Industry Analysis (Revenue, USD Million, 2020 - 2027)
• Building and Construction
• Railways
• Mining
• Manufacturing
• Agriculture
• Others
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Steel Slag Handling
• Iron Slag Handling
• Furnace Slag Handling
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Slag Handling Equipment Market Companies
• AFEX Fire Suppression Systems.
• ALTA
• American Crane and Equipment Corp
• BHS-Sonthofen.
• Dongqi Group
• Harsco Corporation
• HORN & CO. GROUP
• Kompass International
• Konecranes
• L&T Construction.
• Levy
• Paling Transporter
• RHC Deutschland GmbH
• RÖGER Greifertechnik
Available Versions: -
United States Slag Handling Equipment Market Research Report
Europe Slag Handling Equipment Market Research Report
Asia Pacific Slag Handling Equipment Market Research Report
India Slag Handling Equipment Market Research Report