Germany Green Steel Market Size, Share, and COVID-19 Impact Analysis, By Production Technology (EAF and Hydrogen-based DR), By End-use (Construction and Automotive), and Germany Green Steel Market Insights, Industry Trend, Forecasts to 2035

  Germany Green Steel Market Insights Forecasts to 2035

• The Germany Green Steel Market Size Was Estimated at USD 32,998.21 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 6.58% from 2025 to 2035
• The Germany Green Steel Market Size is Expected to Reach USD 66,497.3 Million by 2035

According to a research report published by Spherical Insights & Consulting, The Germany Green Steel Market Size is anticipated to reach USD 66,497.3 Million by 2035, growing at a CAGR of 6.58% from 2025 to 2035. The increasing demand for sustainable manufacturing practices and the reduction of carbon footprints in the steel industry.

Report Coverage

This research report categorizes the market for Germany green steel market based on various segments and regions forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany green steel market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment Germany green steel market.

Driving Factors

The increased global pressure to cut carbon emissions, especially in energy intensive industries. This push towards sustainable construction and automotive materials sectors is also building interest and demand as carbon emissions decrease, and with the technology improvements occurring around hydrogen and other renewable energy sources and with international trade routing increasing around net-zero emissions, low carbon steel manufacturing is faster than expected.

Restraining Factors

The higher production costs than conventional steel, mainly from costly technologies like hydrogen-based direct reduction and reliance on renewable energy. The lack of infrastructure for green hydrogen and scaling capacity slows development. Overall, large capital costs and long transition periods deter smaller players in the market.

Market Segmentation

The Germany Green Steel market share is classified into production technology and end-use.

• The EAF segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Germany green steel market is segmented by production technology into EAF and hydrogen-based DR. Among these, the EAF segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. Its energy efficiency, lower carbon emissions, and ability to recycle scrap steel. EAF technology aligns well with Germany's decarbonization goals and increasing focus on circular economy practices. The growing availability of renewable electricity further supports its adoption.

• The construction segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Germany green steel market is segmented by end-use into construction and automotive. Among these, the construction segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The rising demand for sustainable building materials and stricter environmental regulations in the construction sector. Green steel supports Germany's climate goals by reducing embodied carbon in buildings and infrastructure. Public and private investments in green construction, along with certifications like DGNB and LEED, are driving adoption.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations companies involved within the Germany green steel market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List Of Companies

• Thyssenkrupp Steel Urope AG
• salzgitter AG
• GMH Gruppe
• Stahlwerk Thuringen
• Benteler International AG
• Rohernwerk
• Gebr.Fuchs
• SR-scholz GmbH and Co.KG

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Germany, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Germany green steel market based on the below-mentioned segments:

Germany Green Steel Market, By Production Technology

• EAF
• Hydrogen-based DR

Germany Green Steel Market, By End-use

• Construction
• Automotive