MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Green Steel Market Research Report: Forecast (2026–2032). This report provides a detailed assessment of the Green Steel Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

• Historical Years: 2021–24
• Base Year: 2025
• Forecast Years: 2026–32

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

Download a FREE PDF Sample of the Report: https://www.marknteladvisors.com/query/request-sample/green-steel-market.html (Discover the market potential, platform-specific insights, and key industry trends.)

Green Steel Market Outlook

According to the report 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.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

Green Steel Market Drivers:

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.

View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/green-steel-market.html (Explore in-depth analyses, technological trends, and investment patterns.)

Green Steel Market Trends:

Emerging Innovations Transforming Steel Production – Technological advancements are revolutionizing steel production, fundamentally enabling the green steel market's rapid growth. Foremost is the emergence of hydrogen-based direct reduced iron (DRI) technology, which replaces coal with green hydrogen, produced via renewable electricity, to reduce iron ore, emitting only water vapor instead of CO2.

Green Steel Market Segmentation

The study categorizes the Green Steel Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

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.)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Region

• The Americas
• Europe
• The Middle East and Africa
• Asia-Pacific

Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/green-steel-market.html Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in Green Steel Market Worldwide: Players, Analysis & Future Outlook

• Celsa Steel UK
• H2 Green Steel
• Deutsche Edelstahlwerke
• Tata Steel
• HYBRIT
• Arcelor Mittal
• Emirates Steel
• Sheffield Forgemasters
• Celsa Steel UK
• Liberty Steel
• British Steel
• Outokumpu
• Voestalpine
• Arab Steel Co.
• Jindal Shadeed Group-Oman
• Essar Group- Saudi Arabia
• Others

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2026 to 2032.
• Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/green-steel-market.html

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the Green Steel Market?
   2. What are the major factors driving this market’s growth?
   3. Which regions are expected to lead the Green Steel Market?
   4. Who are the prominent players in the Green Steel Market?
   5. How is the competition structured in this market?
   6. How can I access the full report?

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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MarkNtel Advisors
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Email: sales@marknteladvisors.com
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