The global market for Slag Wool was estimated to be worth US$ 501 million in 2024 and is forecast to a readjusted size of US$ 616 million by 2031 with a CAGR of 3.2% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Slag Wool cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Slag wool is a fiber product made from blast furnace slag. Slag wool is the use of industrial waste slag (blast furnace slag and copper slag, aluminum slag) as the main raw material, after melting, a cotton filamentous inorganic fiber high speed centrifugation or blowing method process.
The global slag wool market is anchored in its role as a high-performance insulation material derived from industrial byproducts. Slag wool, also known as mineral wool or stone wool, is manufactured by spinning molten slag and other rock-like materials into fibers. Its excellent thermal resistance, sound absorption, and fireproofing qualities make it a go-to solution across various industries. Common applications include building and construction, where it serves as wall, roof, and HVAC insulation, as well as industrial settings like power plants, refineries, and shipbuilding. The ability of slag wool to effectively reduce energy consumption while enhancing safety attributes has solidified its position in modern infrastructure development.
In recent years, the industry has seen a push toward sustainability and eco-efficiency, reflecting a broader shift across the materials sector. Manufacturers are optimizing production processes to reduce emissions and repurpose more furnace slag, aligning with circular economy principles. Innovations in binder formulations are also underway to address concerns about volatile organic compounds (VOCs) and ensure compliance with increasingly stringent indoor air quality standards. As global construction and industrial modernization efforts proceed, the slag wool market is expected to continue evolving-embracing greener manufacturing, enhanced performance characteristics, and expanded end-use reach.
This report aims to provide a comprehensive presentation of the global market for Slag Wool, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Slag Wool by region & country, by Type, and by Application.
The Slag Wool market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Slag Wool.
Market Segmentation
By Company
- USG
- Walter Energy
- Knauf
- Eurima
- Saint-Gobain Isover
- Hebei Chemical Huaneng Zhongtian
- Hejian 100 Keda Chemical Building Materials Co., Ltd.
- Shanghai platinum of Insulation Materials Co., Ltd.
- Beijing Huiteng Insulation Materials
- DachengXian Litanbei Damingwang Insulation Materials co., LTD
- Dachengxian Yichuan Insulation Materials
- Tiger Rock Wool
- Big city Hongli Insulation Materials factory
- Dachengxian Quancun Zhengye Insulation Materials Factory
- Shanghai Yannuo New Building Materials Co.,ltd.
- Langfang Juheng Building Materials
- Changchun ShiLu Rock WQool Insulation Materials Factory
- Langfang Taiyue Insulation Materials Co., Ltd.
- Langfang ZhiRui Insulation Materials Co., Ltd.
Segment by Type
- Dry Method
- Wet Method
- Semi-dry Method
Segment by Application
- Building Insulation and Fire Prevention
- Industrial Heating Pipe Network and Furnace Insulation
- Damping Material
- Agriculture Soilless Culture
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Slag Wool manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Slag Wool in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Slag Wool in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Slag Wool Product Introduction
- 1.2 Global Slag Wool Market Size Forecast
- 1.2.1 Global Slag Wool Sales Value (2020-2031)
- 1.2.2 Global Slag Wool Sales Volume (2020-2031)
- 1.2.3 Global Slag Wool Sales Price (2020-2031)
- 1.3 Slag Wool Market Trends & Drivers
- 1.3.1 Slag Wool Industry Trends
- 1.3.2 Slag Wool Market Drivers & Opportunity
- 1.3.3 Slag Wool Market Challenges
- 1.3.4 Slag Wool Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Slag Wool Players Revenue Ranking (2024)
- 2.2 Global Slag Wool Revenue by Company (2020-2025)
- 2.3 Global Slag Wool Players Sales Volume Ranking (2024)
- 2.4 Global Slag Wool Sales Volume by Company Players (2020-2025)
- 2.5 Global Slag Wool Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Slag Wool Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Slag Wool Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Slag Wool
- 2.9 Slag Wool Market Competitive Analysis
- 2.9.1 Slag Wool Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Slag Wool Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Slag Wool as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Dry Method
- 3.1.2 Wet Method
- 3.1.3 Semi-dry Method
- 3.2 Global Slag Wool Sales Value by Type
- 3.2.1 Global Slag Wool Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Slag Wool Sales Value, by Type (2020-2031)
- 3.2.3 Global Slag Wool Sales Value, by Type (%) (2020-2031)
- 3.3 Global Slag Wool Sales Volume by Type
- 3.3.1 Global Slag Wool Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Slag Wool Sales Volume, by Type (2020-2031)
- 3.3.3 Global Slag Wool Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Slag Wool Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Building Insulation and Fire Prevention
- 4.1.2 Industrial Heating Pipe Network and Furnace Insulation
- 4.1.3 Damping Material
- 4.1.4 Agriculture Soilless Culture
- 4.1.5 Others
- 4.2 Global Slag Wool Sales Value by Application
- 4.2.1 Global Slag Wool Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Slag Wool Sales Value, by Application (2020-2031)
- 4.2.3 Global Slag Wool Sales Value, by Application (%) (2020-2031)
- 4.3 Global Slag Wool Sales Volume by Application
- 4.3.1 Global Slag Wool Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Slag Wool Sales Volume, by Application (2020-2031)
- 4.3.3 Global Slag Wool Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Slag Wool Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Slag Wool Sales Value by Region
- 5.1.1 Global Slag Wool Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Slag Wool Sales Value by Region (2020-2025)
- 5.1.3 Global Slag Wool Sales Value by Region (2026-2031)
- 5.1.4 Global Slag Wool Sales Value by Region (%), (2020-2031)
- 5.2 Global Slag Wool Sales Volume by Region
- 5.2.1 Global Slag Wool Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Slag Wool Sales Volume by Region (2020-2025)
- 5.2.3 Global Slag Wool Sales Volume by Region (2026-2031)
- 5.2.4 Global Slag Wool Sales Volume by Region (%), (2020-2031)
- 5.3 Global Slag Wool Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Slag Wool Sales Value, 2020-2031
- 5.4.2 North America Slag Wool Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Slag Wool Sales Value, 2020-2031
- 5.5.2 Europe Slag Wool Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Slag Wool Sales Value, 2020-2031
- 5.6.2 Asia Pacific Slag Wool Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Slag Wool Sales Value, 2020-2031
- 5.7.2 South America Slag Wool Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Slag Wool Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Slag Wool Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Slag Wool Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Slag Wool Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Slag Wool Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Slag Wool Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Slag Wool Sales Value, 2020-2031
- 6.3.2 United States Slag Wool Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Slag Wool Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Slag Wool Sales Value, 2020-2031
- 6.4.2 Europe Slag Wool Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Slag Wool Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Slag Wool Sales Value, 2020-2031
- 6.5.2 China Slag Wool Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Slag Wool Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Slag Wool Sales Value, 2020-2031
- 6.6.2 Japan Slag Wool Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Slag Wool Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Slag Wool Sales Value, 2020-2031
- 6.7.2 South Korea Slag Wool Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Slag Wool Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Slag Wool Sales Value, 2020-2031
- 6.8.2 Southeast Asia Slag Wool Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Slag Wool Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Slag Wool Sales Value, 2020-2031
- 6.9.2 India Slag Wool Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Slag Wool Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 USG
- 7.1.1 USG Company Information
- 7.1.2 USG Introduction and Business Overview
- 7.1.3 USG Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 USG Slag Wool Product Offerings
- 7.1.5 USG Recent Development
- 7.2 Walter Energy
- 7.2.1 Walter Energy Company Information
- 7.2.2 Walter Energy Introduction and Business Overview
- 7.2.3 Walter Energy Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Walter Energy Slag Wool Product Offerings
- 7.2.5 Walter Energy Recent Development
- 7.3 Knauf
- 7.3.1 Knauf Company Information
- 7.3.2 Knauf Introduction and Business Overview
- 7.3.3 Knauf Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Knauf Slag Wool Product Offerings
- 7.3.5 Knauf Recent Development
- 7.4 Eurima
- 7.4.1 Eurima Company Information
- 7.4.2 Eurima Introduction and Business Overview
- 7.4.3 Eurima Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Eurima Slag Wool Product Offerings
- 7.4.5 Eurima Recent Development
- 7.5 Saint-Gobain Isover
- 7.5.1 Saint-Gobain Isover Company Information
- 7.5.2 Saint-Gobain Isover Introduction and Business Overview
- 7.5.3 Saint-Gobain Isover Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Saint-Gobain Isover Slag Wool Product Offerings
- 7.5.5 Saint-Gobain Isover Recent Development
- 7.6 Hebei Chemical Huaneng Zhongtian
- 7.6.1 Hebei Chemical Huaneng Zhongtian Company Information
- 7.6.2 Hebei Chemical Huaneng Zhongtian Introduction and Business Overview
- 7.6.3 Hebei Chemical Huaneng Zhongtian Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Hebei Chemical Huaneng Zhongtian Slag Wool Product Offerings
- 7.6.5 Hebei Chemical Huaneng Zhongtian Recent Development
- 7.7 Hejian 100 Keda Chemical Building Materials Co., Ltd.
- 7.7.1 Hejian 100 Keda Chemical Building Materials Co., Ltd. Company Information
- 7.7.2 Hejian 100 Keda Chemical Building Materials Co., Ltd. Introduction and Business Overview
- 7.7.3 Hejian 100 Keda Chemical Building Materials Co., Ltd. Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Hejian 100 Keda Chemical Building Materials Co., Ltd. Slag Wool Product Offerings
- 7.7.5 Hejian 100 Keda Chemical Building Materials Co., Ltd. Recent Development
- 7.8 Shanghai platinum of Insulation Materials Co., Ltd.
- 7.8.1 Shanghai platinum of Insulation Materials Co., Ltd. Company Information
- 7.8.2 Shanghai platinum of Insulation Materials Co., Ltd. Introduction and Business Overview
- 7.8.3 Shanghai platinum of Insulation Materials Co., Ltd. Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Shanghai platinum of Insulation Materials Co., Ltd. Slag Wool Product Offerings
- 7.8.5 Shanghai platinum of Insulation Materials Co., Ltd. Recent Development
- 7.9 Beijing Huiteng Insulation Materials
- 7.9.1 Beijing Huiteng Insulation Materials Company Information
- 7.9.2 Beijing Huiteng Insulation Materials Introduction and Business Overview
- 7.9.3 Beijing Huiteng Insulation Materials Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Beijing Huiteng Insulation Materials Slag Wool Product Offerings
- 7.9.5 Beijing Huiteng Insulation Materials Recent Development
- 7.10 DachengXian Litanbei Damingwang Insulation Materials co., LTD
- 7.10.1 DachengXian Litanbei Damingwang Insulation Materials co., LTD Company Information
- 7.10.2 DachengXian Litanbei Damingwang Insulation Materials co., LTD Introduction and Business Overview
- 7.10.3 DachengXian Litanbei Damingwang Insulation Materials co., LTD Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 DachengXian Litanbei Damingwang Insulation Materials co., LTD Slag Wool Product Offerings
- 7.10.5 DachengXian Litanbei Damingwang Insulation Materials co., LTD Recent Development
- 7.11 Dachengxian Yichuan Insulation Materials
- 7.11.1 Dachengxian Yichuan Insulation Materials Company Information
- 7.11.2 Dachengxian Yichuan Insulation Materials Introduction and Business Overview
- 7.11.3 Dachengxian Yichuan Insulation Materials Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Dachengxian Yichuan Insulation Materials Slag Wool Product Offerings
- 7.11.5 Dachengxian Yichuan Insulation Materials Recent Development
- 7.12 Tiger Rock Wool
- 7.12.1 Tiger Rock Wool Company Information
- 7.12.2 Tiger Rock Wool Introduction and Business Overview
- 7.12.3 Tiger Rock Wool Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Tiger Rock Wool Slag Wool Product Offerings
- 7.12.5 Tiger Rock Wool Recent Development
- 7.13 Big city Hongli Insulation Materials factory
- 7.13.1 Big city Hongli Insulation Materials factory Company Information
- 7.13.2 Big city Hongli Insulation Materials factory Introduction and Business Overview
- 7.13.3 Big city Hongli Insulation Materials factory Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Big city Hongli Insulation Materials factory Slag Wool Product Offerings
- 7.13.5 Big city Hongli Insulation Materials factory Recent Development
- 7.14 Dachengxian Quancun Zhengye Insulation Materials Factory
- 7.14.1 Dachengxian Quancun Zhengye Insulation Materials Factory Company Information
- 7.14.2 Dachengxian Quancun Zhengye Insulation Materials Factory Introduction and Business Overview
- 7.14.3 Dachengxian Quancun Zhengye Insulation Materials Factory Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Dachengxian Quancun Zhengye Insulation Materials Factory Slag Wool Product Offerings
- 7.14.5 Dachengxian Quancun Zhengye Insulation Materials Factory Recent Development
- 7.15 Shanghai Yannuo New Building Materials Co.,ltd.
- 7.15.1 Shanghai Yannuo New Building Materials Co.,ltd. Company Information
- 7.15.2 Shanghai Yannuo New Building Materials Co.,ltd. Introduction and Business Overview
- 7.15.3 Shanghai Yannuo New Building Materials Co.,ltd. Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 Shanghai Yannuo New Building Materials Co.,ltd. Slag Wool Product Offerings
- 7.15.5 Shanghai Yannuo New Building Materials Co.,ltd. Recent Development
- 7.16 Langfang Juheng Building Materials
- 7.16.1 Langfang Juheng Building Materials Company Information
- 7.16.2 Langfang Juheng Building Materials Introduction and Business Overview
- 7.16.3 Langfang Juheng Building Materials Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 Langfang Juheng Building Materials Slag Wool Product Offerings
- 7.16.5 Langfang Juheng Building Materials Recent Development
- 7.17 Changchun ShiLu Rock WQool Insulation Materials Factory
- 7.17.1 Changchun ShiLu Rock WQool Insulation Materials Factory Company Information
- 7.17.2 Changchun ShiLu Rock WQool Insulation Materials Factory Introduction and Business Overview
- 7.17.3 Changchun ShiLu Rock WQool Insulation Materials Factory Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Changchun ShiLu Rock WQool Insulation Materials Factory Slag Wool Product Offerings
- 7.17.5 Changchun ShiLu Rock WQool Insulation Materials Factory Recent Development
- 7.18 Langfang Taiyue Insulation Materials Co., Ltd.
- 7.18.1 Langfang Taiyue Insulation Materials Co., Ltd. Company Information
- 7.18.2 Langfang Taiyue Insulation Materials Co., Ltd. Introduction and Business Overview
- 7.18.3 Langfang Taiyue Insulation Materials Co., Ltd. Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 Langfang Taiyue Insulation Materials Co., Ltd. Slag Wool Product Offerings
- 7.18.5 Langfang Taiyue Insulation Materials Co., Ltd. Recent Development
- 7.19 Langfang ZhiRui Insulation Materials Co., Ltd.
- 7.19.1 Langfang ZhiRui Insulation Materials Co., Ltd. Company Information
- 7.19.2 Langfang ZhiRui Insulation Materials Co., Ltd. Introduction and Business Overview
- 7.19.3 Langfang ZhiRui Insulation Materials Co., Ltd. Slag Wool Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.19.4 Langfang ZhiRui Insulation Materials Co., Ltd. Slag Wool Product Offerings
- 7.19.5 Langfang ZhiRui Insulation Materials Co., Ltd. Recent Development
8 Industry Chain Analysis
- 8.1 Slag Wool Industrial Chain
- 8.2 Slag Wool Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Slag Wool Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Slag Wool Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer