Global Green Steel Market Analysis: 12.22% CAGR Backed by Rising Demand

Global Green Steel Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020–23
Forecast Years: 2025-2030
The Global Green Steel Market size is projected to grow at a CAGR of around 12.22% during the forecast period, 2025-30.
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Global Green Steel Market Dynamics: 2025-2030
Global Green Steel Market Driver:
Carbon Neutrality Targets of Countries to Strengthen Green Steel Market - Green Steel is anticipated to play a significant role across the globe in helping nations achieve their sustainable development goals & minimize their carbon footprints. Green Steel plays a critical role in decreasing the dependence of the countries on energy imports, safeguarding the environment, and satisfying the growing energy needs globally.
Additionally, there is a significant amount of CO2 emission while producing steel. Thus, governments around the world are developing decarbonizing strategies and promoting green steel, especially in sectors such as automotive & construction.
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Global Green Steel Market (2025-30): Segmentation Outlook
The market report has segmented the market into the following categories:
Global Green Steel Market Development, By Production Technology, 2020-2030
-Electric Arc Furnace
-Molten Oxide Electrolysis
Global Green Steel Market Development, By Energy Source, 2020-2030
-Solar
-Wind
Global Green Steel Market Development, By End User, 2020-2030
-Buildings & Construction
-Automotive & Transportation (Including Marine)
-Electronics
-Industrial Equipment
-Others (FMCG, Defense, etc.)
Of them, the Automotive & Transportation sector is projected to acquire a considerable share of the Global Green Steel market during 2025-30.
Global Green Steel Market Development, By Region, 2020-2030
-North America
-South America
-Europe
Of all the regions globally, the Europe Green Steel market would foresee significant growth in the forthcoming years due to the initiatives taken by the European Union to minimize the carbon emissions from the steel industry by 2030.
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Top Companies Operating in the Global Green Steel Market:
-Green Steel Group
-H2 Green Steel
-Tata Steel
-HYBRIT
-Arcelor Mittal
-Celsa Steel UK
-Liberty Steel
-British Steel
-Outokumpu
-Voestalpine
-Arab Steel Co.
-Jindal Shadeed Group- Oman
-Essar Group-Saudi Arabia.
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