Executive Summary
According to Azoth Analytics research report, the Green Steel Market is projected to display significant growth represented by a CAGR of 85.8% during 2021-2031. The Global Steel Market was valued at USD 39.14 Billion in the year 2021 with the European region leading the regional market share.
The green steel market demand has surged in the past year as numerous steelmakers across both Europe and the USA have launched new branded products that offer customers a carbon-efficient option while utilising existing capacities.
Steel buyers in the construction, automotive, and metal products sectors, both public and private, are signalling a commitment to buy green steel. This includes the First Movers Coalition and CEM Industrial Deep Decarbonization initiatives.
The European region is the largest market and is growing at the fastest rate during the forecast period owing to the rising prevalence of electric furnaces as well as the wide-spread construction sector in developed countries like the United Kingdom and Germany.
North America is also a lucrative market for green steel in the region. The United Kingdom green steel market has witnessed growth in recent years due to increased investments and offtake agreements among new companies to cope with new market strategies. Germany is a lucrative market for green hydrogen due to excessive CO2 emissions and the enormous use of a blast oxygen furnace in the market.
Scope of the Report
- The report presents the analysis of the Green Steel Market for the forecast period of 2021-2031.
- The report analyses the Green Steel Market by Value (USD Million).
- The report analyses the Green Steel by Production technique (By Flat Green Steel, By Long Green Steel)
- The report analyses the Green Steel Market), By Moulding Technology (By Blastic Furnace, By Electric Furnace).
- The report analyses the Green Steel Market by End Use (Automotive, Residential Appliances, Industrial Equipment, Construction and Others).
- The Global Green Steel Market has been analysed By Region (Americas, Europe, Asia Pacific, and MEA).
- The Global Green Steel Market has been analysed By Country (United States, Canada, Brazil, Germany, U.K, Russia France, Spain, China, Japan, India, South Korea & GCC).
- The key insights of the report have been presented through the leading company shares. Also, the attractiveness of the market has been presented by region, production technique, moulding technology, by end-use.
- Also, the major opportunities, trends, drivers and challenges of the industry have been analysed in the report.
- The report tracks competitive developments, strategies, and recent developments. The companies analysed in the report include SSAB, ArcelorMittal, Salzgitter AG, JSW Steel, H2GreenSteel, Liberty Steel Group, Hesteel Group, Nucor, Deutsche Edelstahlwerke & Voestalpine.
Key Target Audience
- Green Steel Manufacturers & Distributors
- End Users (Automotive & Construction companies)
- Research and Development (R&D) Organizations
- Government Bodies & Regulating Authorities
- Investment Banks and Equity Firms
Table of Contents
1. Introduction
- 1.1 Green Steel Overview
- 1.2 Scope of Research
2. Executive Summary
- 2.1 Market Dashboard
- 2.2 Regional Insights
- 2.3 Market Ecosystem Factors
3. Research Methodology
- 3.1 Data Collection Process
- 3.2 Market Trajectory Estimation
- 3.3 Market Size Calculation
4. Market Dynamics
- 4.1 Drivers
- 4.2 Restraints
- 4.3 Opportunities
- 4.4 Trends
- 4.5 Impact assessment of Market Dynamics
5. Value Chain Analysis
- 5.1 Raw material Suppliers
- 5.2 Manufacturers
- 5.3 Distributors
- 5.4 End Use Industry
6. Covid-19 Impact Assessment
- 6.1 Assessment of Degree of Impact of Covid-19 on Green Steel Market
7. Porter's Five Forces Analysis
8. Macro Economic Indicator Outlook
- 8.1 Global, Region-wise GDP Growth
- 8.2 Global, Region-wise Manufacturing Rate
- 8.3 Global, Region-wise Construction Rate
- 8.4 Global, Region wise Inflation Rate
- 8.5 Global, Region-wise Urbanisation
9. Average Selling Price Analysis
- 9.1 Average Selling Price, By Region
- 9.2 Average Selling Price, By Production Technique
10. Competitive Positioning
- 10.1 Companies' Product Positioning
- 10.2 Market Position Matrix
- 10.3 Market Share Analysis
- 10.3.1 SSAB
- 10.3.2 ArcelorMittal
- 10.3.3 Salzgitter AG
- 10.3.4 JSW Steel
- 10.3.5 H2GreenSteel
- 10.3.6 Liberty Steel Group
- 10.3.7 Hesteel Group
- 10.3.8 Nucor
- 10.3.9 Deutsche Edelstahlwerke
- 10.3.10 Voestalpine
11. Volumetric Analysis, 000' Ton, 2021-2031
- 11.1 Global Green Steel Market, 2021-2031 (000' Ton), CAGR (%)
- 11.1.1 Global Green Steel Market, By Volume 2021-2031 (000' Ton), CAGR (%)
- 11.1.2 Global Green Steel Market, By Production Technique, 2021-2031 (000' Ton), CAGR (%)
- 11.2 Americas Green Steel Market, 2021-2031 (000' Ton), CAGR (%)
- 11.2.1 Americas Green Steel Market, By Volume , 2021-2031 (000' Ton), CAGR (%)
- 11.2.2 Americas Green Steel Market, By Production Technique, 2021-2031 (000' Ton), CAGR (%)
- 11.3 Europe Green Steel Market, 2021-2031 (000' Ton), CAGR (%)
- 11.3.1 Europe Green Steel Market, By Volume, 2021-2031 (000' Ton), CAGR (%)
- 11.3.2 Europe Green Steel Market, By Production Technique, 2021-2031 (000' Ton), CAGR (%)
- 11.4 Asia Pacific Green Steel Market, 2021-2031 (000' Ton), CAGR (%)
- 11.4.1 Asia Pacific Green Steel Market, By Volume, 2021-2031 (000' Ton), CAGR (%)
- 11.4.2 Asia Pacific Green Steel Market, By Production Technique, 2021-2031 (000' Ton), CAGR (%)
- 11.5 Middle East and Africa Green Steel Market, 2021-2031 (000' Ton), CAGR (%)
- 11.5.1 Middle East and Africa Green Steel Market, By Volume Market, 2021-2031 (000' Ton), CAGR (%)
- 11.5.2 Middle East and Africa Green Steel Market, By Production Technique, 2021-2031 (000' Ton), CAGR (%)
12. Global Green Steel Market Trends and Forecast Analysis, 2021-2031, USD Million & CAGR
- 12.1 Macro Economic Factor Impact Index
- 12.2 Global Green Steel Market: Dashboard
- 12.3 Global Green Steel Market Size, By Value, 2021-2024(USD Million)
- 12.4 Global Green Steel Market Size, By Value, 2025-2031 (USD Million)
- 12.5 Global Green Steel Market: Summary
13. Global Green Steel Market Trend And Forecast Analysis, 2021-2031, By Production Technique
- 13.1 Global Green Steel Market Trend And Forecast Analysis, By Production Technique: Snapshot
- 13.2 Flat Steel
- 13.3 Long Steel
14. Global Green Steel Market Trend And Forecast Analysis, 2021-2031, By Moulding Technology
- 14.1 Global Green Steel Market Trend And Forecast Analysis, By Moulding Technology: Snapshot
- 14.2 Blastic Furnace
- 14.3 Electric Furnace
15. Global Green Steel Market Trend And Forecast Analysis, 2021-2031, By End Use
- 15.1 Global Green Steel Market Trend And Forecast Analysis, By End Use: Snapshot
- 15.2 Automotive Sector
- 15.3 Residential Appliances
- 15.4 Industrial Equipment
- 15.5 Construction Sector
- 15.6 Others
16. Global Green Steel Market Trend And Forecast Analysis, 2021-2031, By Region
- 16.1 Regional Coverage of the Study
17. Americas Green Steel Market Trends and Forecast Analysis, 2021-2031, USD Million & CAGR
- 17.1 Macro Economic Factor Impact Index
- 17.2 Impact analysis of market dynamics on Green Steel Market
- 17.3 Americas Green Steel Market: Dashboard
- 17.4 Americas Green Steel Market Size, By Value, 2021-2024(USD Million)
- 17.5 Americas Green Steel Market Size, By Value, 2025-2031 (USD Million)
- 17.6 Americas Green Steel Market Trend And Forecast Analysis: Segmentation
- 17.6.1 By Production Technique
- 17.6.2 By Moulding Technology
- 17.6.3 By End Use
- 17.6.4 By Country
- 17.6.4.1 United States
- 17.6.4.2 Canada
- 17.6.4.3 Brazil
- 17.6.4.4 Rest of Americas
18. Europe Green Steel Market Trends and Forecast Analysis, 2021-2031, USD Million & CAGR
- 18.1 Macro Economic Factor Impact Index
- 18.2 Impact analysis of market dynamics on Green Steel Market
- 18.3 Europe Green Steel Market: Dashboard
- 18.4 Europe Green Steel Market Size, By Value, 2021-2024(USD Million)
- 18.5 Europe Green Steel Market Size, By Value, 2025-2031 (USD Million)
- 18.6 Europe Green Steel Market Trend And Forecast Analysis: Segmentation
- 18.6.1 By Production Technique
- 18.6.2 By Moulding Technology
- 18.6.3 By End Use
- 18.6.4 By Country
- 18.6.4.1 Germany
- 18.6.4.2 United Kingdom
- 18.6.4.3 Russia
- 18.6.4.4 France
- 18.6.4.5 Spain
- 18.6.4.6 Rest Of Europe
19. Asia Pacific Green Steel Market Trends and Forecast Analysis, 2021-2031, USD Million & CAGR
- 19.1 Macro Economic Factor Impact Index
- 19.2 Impact analysis of Market dynamics on Green Steel Market
- 19.3 Asia Pacific Green Steel Market: Dashboard
- 19.4 Asia Pacific Green Steel Market Size, By Value, 2021-2024(USD Million)
- 19.5 Asia Pacific Green Steel Market Size, By Value, 2025-2031 (USD Million)
- 19.6 Asia Pacific Green Steel Market Trend And Forecast Analysis: Segmentation
- 19.6.1 By Production Technique
- 19.6.2 By Moulding Technology
- 19.6.3 By End Use
- 19.6.4 By Country
- 19.6.4.1 China
- 19.6.4.2 Japan
- 19.6.4.3 India
- 19.6.4.4 South Korea
- 19.6.4.5 Rest of Asia Pacific
20. Middle East & Africa Green Steel Market Trends and Forecast Analysis, 2021-2031, USD Million & CAGR
- 20.1 Macro Economic Factor Impact Index
- 20.2 Impact analysis of market dynamics on Green Steel Market
- 20.3 Middle East & Africa Green Steel Market : Dashboard
- 20.4 Middle East & Africa Green Steel Market Size, By Value, 2021-2024(USD Million)
- 20.5 Middle East & Africa Green Steel Market Size, By Value, 2025-2031 (USD Million)
- 20.6 Middle East & Africa Green Steel Market Trend And Forecast Analysis: Segmentation
- 20.6.1 By Production Technique
- 20.6.2 By Moulding Technology
- 20.6.3 By End Use
- 20.6.4 By Country
- 20.6.4.1 GCC
- 20.6.4.2 Rest of Middle East & Africa