Middle East and Africa Green Steel Product Market Report – 2025 Outlook, Trends, Share, Size & Forecast
MarkNtel Advisors has unveiled its latest research report on the Middle East and Africa Green Steel Market, providing an in-depth analysis of market dynamics, growth prospects, and competitive landscape. This report serves as a valuable resource for stakeholders aiming to capitalize on emerging opportunities and navigate potential challenges in the Middle East and Africa Green Steel industry.
Middle East and Africa Green Steel Market Size: 2025 Outlook
The Middle East and Africa Green Steel Market is projected to grow at a CAGR of around 38% during the forecast period, i.e., 2025-30 owing to the growing inclination towards sustainable and environment friendly products in the region. The government of the countries in the region such as the UAE, Saudi Arabia are taking several initiatives to reduce their carbon emissions which involves decarbonization of its steel industry.
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? Scope of the Report
- Forecasts till 2030 with year-wise market breakdown
- Geographical and segment-level analysis
- Company profiles and strategic insights
- Key market drivers and restraints
- Analysis of market trends and investment opportunities
What’s Driving the Market?
Surging Proclivity Towards the Use of Green Steel in the Automotive Industry to Propel the Market Growth - The automotive sector is one of the major users of steel, hence providing an enormous opportunity for implementing green steel as an alternative to conventional steel in the production process to reduce their carbon footprint. According to World Steel Association, an average vehicle uses approximately 2000 pounds of steel, making the automobile sector a significant consumer of steel.
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Middle East and Africa Green Steel Market Segmentation
By Production Technology
- Electric Arc Furnace (EAF)
- Basic Oxygen Furnace (BOF)
- Molten Oxide Electrolysis
By Energy Source
- Solar
- Wind
- Other Renewable Energy Sources
By End User
- Buildings & Construction
- Automotive & Transportation
- Others
By Region
- The UAE
- Saudi Arabia
- Oman
- Egypt
- South Africa
- Morocco
- Rest of The Middle East & Africa
? Industry Leaders: Who’s Dominating the Middle East and Africa Green Steel Market?
The market is highly competitive, with players launching innovation-driven products and investing in strategic partnerships. Key participants include:
- Emirates Steel Arkan
- Jindal Shaheed Iron & Steel LLC
- Arcelor Mittal South Africa
- Essar Group
- Arab Steel Co.
- ThyssenKrupp AG
- Qatar Steel
- Voestalpine AG
- Outokumpu Oyj Middle East FZCO
- EZZ Steel
- Others
These companies are focused on health-based R&D, expansion, and functional ingredient diversification.
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? Frequently Asked Questions (FAQs)
- What are the main drivers of the Middle East and Africa Green Steel market?
- Which segment leads the Middle East and Africa Green Steel industry?
- What regulatory challenges impact product development?
- Who are the top players in the Middle East and Africa Green Steel industry?
About US:
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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