Green Steel Market
Green Steel Market - Global Industry Assessment & Forecast
Segments Covered
- By Energy Source Hydrogen, Coal Gasification, Electricity
- By Type Electric Arc Furnace (EAF), Molten Oxide Electrolysis (MOE)
- By End User Construction, Automotive, Electronics, Other End Users
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 182.7 Million |
Revenue 2030: | USD 120004.8 Million |
Revenue CAGR (2023 - 2030): | 125.1% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Green Steel Market Segment Analysis
- Green Steel Energy Source Outlook (Revenue, USD Million, 2018 - 2030)
- Hydrogen
- Coal Gasification
- Electricity
- Green Steel Type Outlook (Revenue, USD Million, 2018 - 2030)
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- Green Steel End User Outlook (Revenue, USD Million, 2018 - 2030)
- Construction
- Automotive
- Electronics
- Other End Users
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
-
North America Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
-
North America Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- U.S.
- U.S. Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- U.S. Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- U.S. Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- U.S. Green Steel Market, by Energy Source
- Canada
- Canada Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- Canada Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- Canada Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- Canada Green Steel Market, by Energy Source
-
Mexico
- Mexico Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- Mexico Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- Mexico Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- Mexico Green Steel Market, by Energy Source
-
North America Green Steel Market, by Energy Source
- Europe
-
Europe Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
-
Europe Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
-
Europe Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- U. K.
- U.K. Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- U.K. Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- U.K. Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- U.K. Green Steel Market, by Energy Source
- France
- France Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- France Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- France Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- France Green Steel Market, by Energy Source
-
Germany
- Germany Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- Germany Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- Germany Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- Germany Green Steel Market, by Energy Source
-
Italy
- Italy Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- Italy Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- Italy Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- Italy Green Steel Market, by Energy Source
-
Spain
- Spain Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- Spain Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- Spain Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- Spain Green Steel Market, by Energy Source
-
Rest of Europe
- Rest of Europe Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- Rest of Europe Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- Rest of Europe Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- Rest of Europe Green Steel Market, by Energy Source
-
Europe Green Steel Market, by Energy Source
- Asia Pacific
-
Asia Pacific Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
-
Asia Pacific Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
-
Asia Pacific Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- China
- China Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- China Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- China Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- China Green Steel Market, by Energy Source
- Japan
- Japan Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- Japan Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- Japan Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- Japan Green Steel Market, by Energy Source
-
Germany
- Germany Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- Germany Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- Germany Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- Germany Green Steel Market, by Energy Source
-
India
- India Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- India Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- India Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- India Green Steel Market, by Energy Source
-
South Korea
- South Korea Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- South Korea Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- South Korea Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- South Korea Green Steel Market, by Energy Source
-
South East Asia
- South East Asia Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- South East Asia Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- South East Asia Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- South East Asia Green Steel Market, by Energy Source
-
Rest of Asia Pacific
- Rest of Asia Pacific Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- Rest of Asia Pacific Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- Rest of Asia Pacific Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- Rest of Asia Pacific Green Steel Market, by Energy Source
-
Asia Pacific Green Steel Market, by Energy Source
- Latin America
-
Latin America Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
-
Latin America Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
-
Latin America Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- Brazil
- Brazil Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- Brazil Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- Brazil Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- Brazil Green Steel Market, by Energy Source
- Argentina
- Argentina Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- Argentina Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- Argentina Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- Argentina Green Steel Market, by Energy Source
-
Rest of Latin America
- Rest of Latin America Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- Rest of Latin America Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- Rest of Latin America Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- Rest of Latin America Green Steel Market, by Energy Source
-
Latin America Green Steel Market, by Energy Source
- Middle East & Africa
-
Middle East & Africa Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
-
Middle East & Africa Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
-
Middle East & Africa Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- GCC Countries
- GCC Countries Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- GCC Countries Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- GCC Countries Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- GCC Countries Green Steel Market, by Energy Source
- South Africa
- South Africa Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- South Africa Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- South Africa Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- South Africa Green Steel Market, by Energy Source
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Green Steel Market, by Energy Source
- Hydrogen
- Coal Gasification
- Electricity
- Rest of Middle East & Africa Green Steel Market, by Type
- Electric Arc Furnace (EAF)
- Molten Oxide Electrolysis (MOE)
- Rest of Middle East & Africa Green Steel Market, by End User
- Construction
- Automotive
- Electronics
- Other End Users
- Rest of Middle East & Africa Green Steel Market, by Energy Source
-
Middle East & Africa Green Steel Market, by Energy Source
- North America
FAQ
Frequently Asked Question
What is the global demand for Green Steel in terms of revenue?
-
The global Green Steel valued at USD 182.7 Million in 2022 and is expected to reach USD 120004.8 Million in 2030 growing at a CAGR of 125.1%.
Which are the prominent players in the market?
-
The prominent players in the market are H2 Green Steel (Sweden), Tata Steel Ltd. (India), Tenaris (Luxembourg), ThyssenKrupp (Germany), Emirates Steel (UAE), Green Steel Group (Italy), Deutsche Edelstahlwerke Services (Germany), Arcelor Mittal (Luxembourg), Jindal Steel and Power (India), United States Steel Corp (USSC) (U.S.).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 125.1% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Green Steel include
- Rising CO2 emission
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Green Steel in 2022.