市场调查报告书
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2030 年绿色钢铁市场预测:按生产技术、能源来源、最终用户和地区进行的全球分析Green Steel Market Forecasts to 2030 - Global Analysis By Production Technology, Energy Source, End User and by Geography |
根据Stratistics MRC预测,2024年全球绿色钢铁市场规模将达到40.2亿美元,预计2030年将达到528.5亿美元,预测期内复合年增长率为53.6%。
与传统炼钢製程相比,采用显着减少碳排放的技术所生产的钢铁称为绿色钢铁。为了生产绿色钢铁,传统的煤炭製程通常被最尖端科技所取代,例如氢基直接还原以及太阳能和风能等再生能源来源。此外,透过减少碳排放,绿色钢铁减轻了钢铁业(世界主要二氧化碳排放源之一)对环境的影响。
根据世界钢铁协会统计,全球钢铁业约占石化燃料使用直接排放的7%,迫切需要引进绿色钢铁技术来减少钢铁业的碳排放。
消费者对环保产品的需求不断成长
全球永续性趋势不仅改变了工业实践,也改变了消费者的偏好。消费品、建筑和汽车产业的最终用户对环保和永续产品的需求越来越大。绿色钢材正迅速成为替代传统钢材的首选材料,因为它可以显着减少碳排放。此外,这一趋势得到了承诺实现碳中和并在其供应链中购买永续材料的大公司和品牌的支持。
生产成本增加
与环保炼钢製程相关的高生产成本是绿色钢铁市场的主要障碍之一。可再生能源电弧炉和氢基直接还原等技术需要大量资本投资。目前,氢气和可再生能源等原料比传统炼钢中使用的煤炭和天然气更昂贵,通常用于生产绿色钢铁。此外,转向绿色钢铁生产还需要在新机械、基础设施和研发方面投入大量资金,这进一步提高了价格。
利用氢气生产钢铁的发展
氢动力钢铁生产技术的开拓是绿色钢铁市场最有前景的前景之一。透过使用氢气代替碳作为还原剂,生产钢时仅产生水蒸气作为副产品,几乎不排放二氧化碳。随着该领域研究和开发的进展,利用氢气进行钢铁生产预计将变得更加高效和经济。此外,随着对绿色氢生产的投资增加和全球氢经济的成长,氢的供应量和价格预计也会增加,使该技术大规模可行。
与传统钢铁製造商的激烈竞争
传统钢铁製造商对绿色钢铁市场构成了严重威胁,因为他们已经建立了具有成本效益的生产方法,使他们能够主导全球市场。传统炼钢依赖高炉和碳基还原工艺,享有规模经济、成熟供应链和较低生产成本的好处。此外,传统钢铁製造商提供的产品价格明显低于绿钢,这使得绿钢难以在价格上竞争,尤其是在成本敏感的市场。
绿色钢铁市场受到了 COVID-19 大流行的影响。最初,全球经济放缓和供应链问题导致钢铁需求下降和绿色技术投资延迟。财务限制一直是许多钢铁製造商的障碍,减缓了昂贵的绿色钢铁生产技术的采用。然而,在大流行之后,随着政府和产业认识到稳健和对环境负责的做法的重要性,向永续性的转变进一步加速。
预计电弧炉 (EAF) 领域在预测期内将成为最大的领域。
电弧炉(EAF)细分市场在绿色钢铁市场中占最大份额。由于再生能源来源的可用性和废钢利用的高效率,电弧炉技术在绿色钢铁生产中发挥重要作用。与传统高炉相比,电弧炉透过电力(最好是太阳能或风力发电等可再生能源)取代石化燃料来显着减少碳排放。此外,这种方法对于永续炼钢过程至关重要,因为它可以减少温室气体排放,并透过回收现有钢材促进循环经济。
风电产业预计在预测期内复合年增长率最高
绿色钢铁市场的风力发电领域预计将以最高的复合年增长率成长。电弧炉(EAF)和其他绿色钢铁生产技术依赖大量稳定的可再生电力供应,这就是为什么风力发电蓬勃发展的原因。风力发电机将风力发电转化为电能,而不会将温室气体释放到大气中,这使得风力发电成为减少钢铁生产碳排放的理想选择。此外,由于风电成本下降、政策利好和投资增加,绿色钢铁业正在见证风电技术的快速采用和成长。
欧洲地区的绿色钢材市场占有率最高。由于坚定不移地致力于永续性以及鼓励碳减排的严格法律体制,该地区在绿色钢铁生产方面处于世界领先地位。捕碳封存(CCS)和电炉(EAF)是由于欧洲大陆积极的碳排放目标和对可再生能源基础设施的大量投资而在欧洲受到关注的最尖端科技的例子。此外,欧洲强大的工业基础和绿色政府政策加强了欧洲在转向绿色钢铁生产方面的领导地位。
预计亚太地区的绿色钢铁市场复合年增长率最高。该地区的成长是由快速工业化、不断增长的钢铁需求以及对绿色技术的重大投资所推动的。中国和印度等国家正致力于将永续实践纳入其钢铁生产过程,以解决环境问题,同时实现全球排放目标。此外,亚太地区的绿色钢铁产业正在快速成长,部分原因是政府支持降低碳足迹和扩大可再生能源产能的政策。
According to Stratistics MRC, the Global Green Steel Market is accounted for $4.02 billion in 2024 and is expected to reach $52.85 billion by 2030 growing at a CAGR of 53.6% during the forecast period. Steel made with techniques that drastically cut carbon emissions when compared to conventional steelmaking processes is referred to as green steel. In order to produce green steel, conventional coal-based processes are usually replaced with cutting-edge technologies like hydrogen-based direct reduction and renewable energy sources like solar or wind power. Moreover, green steel reduces the carbon footprint, thereby mitigating the environmental impact of the steel industry, which is among the world's leading industrial sources of carbon dioxide emissions.
According to the World Steel Association, the global steel industry is responsible for approximately 7% of all direct emissions from the use of fossil fuels, highlighting the urgent need for the adoption of green steel technologies to reduce the sector's carbon footprint.
Increasing consumer demand for eco-friendly products
The global trend towards sustainability is changing industrial practices as well as consumer preferences. Consumer goods, construction, and automotive end users are among the industries where end users are increasingly looking for environmentally friendly, sustainable products. Green steel is quickly replacing conventional steel as a material of choice because it has a much smaller carbon footprint. Additionally, large companies and brands that pledge to become carbon neutral and source sustainable materials for their supply chains are supporting this trend.
Elevated production expenses
The high production costs linked to ecologically friendly steelmaking processes are one of the main barriers to the green steel market. Significant capital investment is needed for technologies like electric arc furnaces powered by renewable energy sources and hydrogen-based direct reduction. Inputs that are currently more expensive than traditional coal and natural gas used in conventional steelmaking, like hydrogen and renewable energy, are frequently used in the production of green steel. Furthermore, the switch to producing green steel also necessitates large expenditures in new machinery, infrastructure, and R&D, which raises prices even more.
Development in steel production using hydrogen
The development of technologies for producing steel based on hydrogen presents one of the green steel market's most promising prospects. When hydrogen is utilized as a reducing agent instead of carbon, steel can be produced with only water vapor as a byproduct and with very little carbon dioxide emissions. It is anticipated that as this field of study and development advances, hydrogen-based steel production will become much more efficient and economical. Moreover, the availability and affordability of hydrogen are expected to rise in tandem with rising investments in green hydrogen production and the growth of a global hydrogen economy, rendering this technology more feasible on a large scale.
Strong rivalry with conventional steel manufacturers
Traditional steel producers pose a serious threat to the green steel market because they have established cost-effective production methods that allow them to dominate the global market. Conventional steelmaking enjoys the advantages of economies of scale, well-established supply chains, and reduced production costs because it depends on blast furnaces and carbon-based reduction processes. Additionally, it is difficult for green steel to compete on price, particularly in cost-sensitive markets, because traditional steel producers can offer their products at significantly lower prices than green steel.
The market for green steel was impacted by the COVID-19 pandemic. At first, the slowdown in the world economy and problems with the supply chain caused a decrease in the demand for steel and a postponement of investments in green technologies. Financial limitations were a barrier for many steel producers, which delayed the adoption of expensive green steel production techniques. However, the pandemic additionally expedited the transition towards sustainability, given that governments and industries realized the significance of robust and environmentally conscious practices in the aftermath of the pandemic.
The Electric Arc Furnace (EAF) segment is expected to be the largest during the forecast period
The Electric Arc Furnace (EAF) market segment has the largest share in the green steel market. Because of its ability to use renewable energy sources and its efficiency in using scrap steel, EAF technology is a key player in the production of green steel. EAFs, as opposed to conventional blast furnaces, have the potential to drastically lower carbon emissions by replacing fossil fuels with electricity-ideally electricity generated by renewable sources like solar or wind energy. Moreover, this method is essential to sustainable steelmaking processes because it reduces greenhouse gas emissions and promotes a circular economy by recycling pre-existing steel.
The Wind segment is expected to have the highest CAGR during the forecast period
The wind energy segment of the green steel market is anticipated to grow at the highest CAGR. Electric arc furnaces (EAFs) and other green steel production technologies depend on a large and consistent supply of renewable electricity, which is why wind energy is growing so quickly. Wind power is a desirable alternative for lowering the carbon footprint of steel production because wind turbines convert wind energy into electricity without releasing greenhouse gases into the atmosphere. Additionally, the green steel industry is seeing a surge in the adoption and growth of wind technology due to its falling costs, favourable policies, and growing investments.
The European region has the largest market share for green steel. The region has led the world in producing green steel because of its steadfast dedication to sustainability and strict legislative frameworks that encourage carbon reduction. Carbon capture and storage (CCS) and electric arc furnaces (EAFs) are examples of cutting-edge technologies that have gained traction in Europe due to the continent's aggressive carbon emission reduction targets and significant investments in renewable energy infrastructure. Furthermore, Europe's strong industrial base and pro-green government policies reinforce its leadership in the shift to more environmentally friendly steel production.
The Asia-Pacific region is expected to have the highest CAGR in the green steel market. The region's growth is being propelled by its rapid industrialization, rising steel demand, and large investments in green technologies. Focusing on incorporating sustainable practices into their steel production processes, nations like China and India are attempting to meet global emissions targets while also addressing environmental issues. Moreover, the Asia-Pacific region's green steel industry is growing at a rapid pace, partly due to government policies that support lower carbon footprints and expand renewable energy capacity.
Key players in the market
Some of the key players in Green Steel market include Boston Metal, JFE Steel Corporation, Nippon Steel Corporation, Emirates Steel Arkan Group, Ansteel Group, Nucor Corporation (Nucor Tubular Products), POSCO International, H2 Green Steel, Jindal Steel & Power Ltd, Green Steel Group Inc., Swiss Steel Group, Arcelor Mittal, JSW Steel, Salzgitter AG and Voestalpine AG.
In June 2024, JSW Energy said that it has inked power purchase agreements through its subsidiaries for wind and solar projects with a cumulative capacity of 1,325 MW. This includes 1,025 MW with Solar Energy Corporation of India Ltd (SECI) and 300 MW with Gujarat Urja Vikas Nigam Ltd (GUVNL), bringing the total locked-in capacity of the company to 13.6 GW.
In January 2024, Emirates Steel Arkan (ESA) recently announced that it has signed a 5-year, $2 billion contract with Bahrain Steel Company (BSC) to supply high-grade iron-ore pellets. The companies signed the agreement during the Integrated Industrial Partnership for Sustainable Economic Growth initiative, held recently in Bahrain.
In December 2023, Nippon Steel Corporation announced that they have entered into a definitive agreement pursuant to which NSC will acquire U. S. Steel in an all-cash transaction at $55.00 per share, representing an equity value of approximately $14.1 billion plus the assumption of debt, for a total enterprise value of $14.9 billion.