As per MarkNtel Advisors The Global Green Steel Market size was valued at around 28.77 billion tons in 2025 and is projected to reach 54.5 billion tons by 2032. Along with this, the market is estimated to grow at a CAGR of around 14.8% during the forecast period, i.e., 2026-32.

Global Green Steel Market Systems Market Outlook:

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Global Green Steel Market Systems Market Segmentation:

By Production Technology

-Electric Arc Furnace - Market Size & Forecast 2020-32F, USD Million and Million Tons

-Molten Oxide Electrolysis - Market Size & Forecast 2020-32F, USD Million and Million Tons

By Energy Source

-Solar- Market Size & Forecast 2020-32F, USD Million and Million Tons

-Wind- Market Size & Forecast 2020-32F, USD Million and Million Tons

-Other Renewable Energy Sources (Hydropower, biomass energy, etc.) - Market Size & Forecast 2020-32F, USD Million and Million Tons

By End User

-Building and Construction- Market Size & Forecast 2020-32F, USD Million and Million Tons

-Automotive and Transport- Market Size & Forecast 2020-32F, USD Million and Million Tons

-Electronics- Market Size & Forecast 2020-32F, USD Million and Million Tons

-Industrial Equipment- Market Size & Forecast 2020-32F, USD Million and Million Tons

-Others (FMCG, Defense, Etc.)

By Region

-The Americas

-Europe

-The Middle East and Africa

-Asia-Pacific.

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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.

Report Highlights Essential Insights for Strategic Decision-Making

• Detailed market size, share, and forecast analysis
• In-depth pricing trends and segment-wise cost evaluations
• Key industry strategies, including innovation, partnerships, and acquisitions
• Critical value chain analysis and stakeholder profiling
• Regional import-export market insights and trade flow assessment
• Thorough competitive benchmarking of top hearing aid manufacturers
• Identification of new growth opportunities and niche market segments
• Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the Global Green Steel Market are:

-Green Steel Group

-H2 Green Steel

-Deutsche Edelstahlwerke

-Tata Steel

-HYBRIT

-Arcelor Mittal

-Emirates Steel

-Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

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About us

MarkNtel Advisors is a global research and advisory firm with expertise across the energy industry, covering renewable energy, oil & gas, energy storage, and power generation. We deliver data-backed insights that assist energy producers, utilities, and investors in navigating regulatory transitions and emerging technologies. With Consulting Services, we help clients interpret market intelligence and design actionable strategies that accelerate decarbonization, enhance energy resilience, and ensure sustainable growth across global markets.

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