The global green steel market is booming, with a new comprehensive analysis forecasting its value to soar from $9.1 billion in 2025 to $18.48 billion in 2032. This represents a remarkable growth trajectory, highlighting a fundamental transformation in one of the world’s most important industrial sectors.
This explosive growth is driven by stringent global climate regulations, corporate net-zero emissions commitments, and growing consumer demand for sustainable products. The automotive industry, a major consumer of steel, is a key driver as manufacturers seek to reduce the carbon footprint of their vehicles, starting with the raw materials.
Key findings from the market report include:
The compound annual growth rate (CAGR) is expected to be approximately 8.5% over the forecast period.
The tablet segment, crucial for automotive and appliance production, is expected to hold a dominant market share.
Currently, Europe leads in tablet adoption and production, but North America and Asia Pacific are also investing significantly.
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Post time: Oct-09-2025