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Global Green Steel Market to Grow at a 14.8% CAGR During 2026-32 | MarkNtel Advisors (Leading Market Players: Nucor Corporation, ArcelorMittal, Tata Steel, Salzgitter AG, H2 Green Steel, Outokumpu)
According to recent analysis by MarkNtel Advisors, the Global Green Steel Market is projected to grow at an extraordinary compound annual growth rate (CAGR) of 14.8% during the forecast period, i.e., 2026-32, driven by robust decarbonization mandates, technological innovation, and expanding partnerships across industrial sectors.
About this update from Tata Steel Limited
[{"type":"text","content":"NEW DELHI, Dec. 18, 2025 /PRNewswire/ -- According to recent analysis by MarkNtel Advisors, the Global Green Steel Market is projected to grow at an extraordinary compound annual growth rate (CAGR) of 14.8% during the forecast period, i.e., 2026-32, driven by robust decarbonization mandates, technological innovation, and expanding partnerships across industrial sectors.","length":377,"tagName":"p"},{"type":"image","alt":"Markntel Advisors Logo","displaySize":"","headline":null,"caption":"Markntel Advisors Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":125,"url":"https://media.zenfs.com/en/prnewswire.com/d8464a1c8ef0f4848ab917d890735590"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/oAlp3Wn8_5y_Cdk0Z3Izzg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIyMDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/d8464a1c8ef0f4848ab917d890735590","width":400,"height":125}}},{"type":"text","content":"Global steel production is expected to hit 1,749 million tons in 2025, emitting approximately 4.1 billion tons of CO2e annually (7–8% of global emissions).","length":155,"tagName":"p"},{"type":"text","content":"Global Green Steel Market Key Takeaways","length":39,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Valued at around 28.77 billion tons in 2025, the market is projected to reach USD 54.5 billion tons by 2032.","length":108,"tagName":"p"}]},{"val":[{"type":"text","content":"Decarburization mandates and climate regulations across key industries are critical growth drivers.","length":105,"tagName":"p"}]},{"val":[{"type":"text","content":"Electric Arc Furnace (EAF) technology is set to capture a dominant market share during the forecast period.","length":107,"tagName":"p"}]},{"val":[{"type":"text","content":"Other renewable energy sources (hydropower, biomass, etc.) led the green steel production energy mix with a 61% share in 2025.","length":126,"tagName":"p"}]},{"val":[{"type":"text","content":"The automotive & transportation sector is poised to hold a significant share of the green steel market from 2026 to 2032.","length":125,"tagName":"p"}]},{"val":[{"type":"text","content":"The Europe green steel market will see substantial growth fueled by EU initiatives targeting steel industry carbon neutrality by 2032.","length":134,"tagName":"p"}]}],"tagName":"ul",...