市場調查報告書
商品編碼
1551306
2030 年綠色鋼鐵市場預測:按生產技術、能源來源、最終用戶和地區進行的全球分析Green Steel Market Forecasts to 2030 - Global Analysis By Production Technology, Energy Source, End User and by Geography |
根據Stratistics MRC預測,2024年全球綠色鋼鐵市場規模將達到40.2億美元,預計2030年將達到528.5億美元,預測期內複合年成長率為53.6%。
與傳統煉鋼製程相比,採用顯著減少碳排放的技術所生產的鋼鐵稱為綠色鋼鐵。為了生產綠色鋼鐵,傳統的煤炭製程通常被最尖端科技所取代,例如氫基直接還原以及太陽能和風能等再生能源來源。此外,透過減少碳排放,綠色鋼鐵減輕了鋼鐵業(世界主要二氧化碳排放源之一)對環境的影響。
根據世界鋼鐵協會統計,全球鋼鐵業約佔石化燃料使用直接排放的7%,迫切需要引進綠色鋼鐵技術來減少鋼鐵業的碳排放。
消費者對環保產品的需求不斷成長
全球永續性趨勢不僅改變了工業實踐,也改變了消費者的偏好。消費品、建築和汽車產業的最終用戶對環保和永續產品的需求越來越大。綠色鋼材正迅速成為替代傳統鋼材的首選材料,因為它可以顯著減少碳排放。此外,這一趨勢得到了承諾實現碳中和並在其供應鏈中購買永續材料的大公司和品牌的支持。
生產成本增加
與環保煉鋼製程相關的高生產成本是綠色鋼鐵市場的主要障礙之一。可再生能源電弧爐和氫基直接還原等技術需要大量資本投資。目前,氫氣和可再生能源等原料比傳統煉鋼中使用的煤炭和天然氣更昂貴,通常用於生產綠色鋼鐵。此外,轉向綠色鋼鐵生產還需要在新機械、基礎設施和研發方面投入大量資金,這進一步提高了價格。
利用氫氣生產鋼鐵的發展
氫動力鋼鐵生產技術的開拓是綠色鋼鐵市場最有前景的前景之一。透過使用氫氣代替碳作為還原劑,生產鋼時僅產生水蒸氣作為副產品,幾乎不排放二氧化碳。隨著該領域研究和開發的進展,利用氫氣進行鋼鐵生產預計將變得更加高效和經濟。此外,隨著對綠色氫生產的投資增加和全球氫經濟的成長,氫的供應量和價格預計也會增加,使該技術大規模可行。
與傳統鋼鐵製造商的激烈競爭
傳統鋼鐵製造商對綠色鋼鐵市場構成了嚴重威脅,因為他們已經建立了具有成本效益的生產方法,使他們能夠主導全球市場。傳統煉鋼依賴高爐和碳基還原工藝,享有規模經濟、成熟供應鏈和較低生產成本的好處。此外,傳統鋼鐵製造商提供的產品價格明顯低於綠鋼,這使得綠鋼難以在價格上競爭,尤其是在成本敏感的市場。
綠色鋼鐵市場受到了 COVID-19 大流行的影響。最初,全球經濟放緩和供應鏈問題導致鋼鐵需求下降和綠色技術投資延遲。財務限制一直是許多鋼鐵製造商的障礙,減緩了昂貴的綠色鋼鐵生產技術的採用。然而,在大流行之後,隨著政府和產業認知到穩健和對環境負責的做法的重要性,向永續性的轉變進一步加速。
預計電弧爐 (EAF) 領域在預測期內將成為最大的領域。
電弧爐(EAF)細分市場在綠色鋼鐵市場中佔最大佔有率。由於再生能源來源的可用性和廢鋼利用的高效率,電弧爐技術在綠色鋼鐵生產中發揮重要作用。與傳統高爐相比,電弧爐透過電力(最好是太陽能或風力發電等可再生能源)取代石化燃料來顯著減少碳排放。此外,這種方法對於永續煉鋼過程至關重要,因為它可以減少溫室氣體排放,並透過回收現有鋼材促進循環經濟。
風電產業預計在預測期內複合年成長率最高
綠色鋼鐵市場的風力發電領域預計將以最高的複合年成長率成長。電弧爐(EAF)和其他綠色鋼鐵生產技術依賴大量穩定的可再生電力供應,這就是為什麼風力發電蓬勃發展的原因。風力發電機將風力發電轉化為電能,而不會將溫室氣體釋放到大氣中,這使得風力發電成為減少鋼鐵生產碳排放的理想選擇。此外,由於風電成本下降、政策利好和投資增加,綠色鋼鐵業正在見證風電技術的快速採用和成長。
歐洲地區的綠色鋼材市場佔有率最高。由於堅定不移地致力於永續性以及鼓勵碳減排的嚴格法律體制,該地區在綠色鋼鐵生產方面處於世界領先地位。捕碳封存(CCS)和電爐(EAF)是由於歐洲大陸積極的碳排放目標和對可再生能源基礎設施的大量投資而在歐洲受到關注的最尖端科技的例子。此外,歐洲強大的工業基礎和綠色政府政策加強了歐洲在轉向綠色鋼鐵生產方面的領導地位。
預計亞太地區的綠色鋼鐵市場複合年成長率最高。該地區的成長是由快速工業化、不斷成長的鋼鐵需求以及對綠色技術的重大投資所推動的。中國和印度等國家正致力於將永續實踐納入其鋼鐵生產過程,以解決環境問題,同時實現全球排放目標。此外,亞太地區的綠色鋼鐵產業正在快速成長,部分原因是政府支持降低碳足跡和擴大可再生能源產能的政策。
According to Stratistics MRC, the Global Green Steel Market is accounted for $4.02 billion in 2024 and is expected to reach $52.85 billion by 2030 growing at a CAGR of 53.6% during the forecast period. Steel made with techniques that drastically cut carbon emissions when compared to conventional steelmaking processes is referred to as green steel. In order to produce green steel, conventional coal-based processes are usually replaced with cutting-edge technologies like hydrogen-based direct reduction and renewable energy sources like solar or wind power. Moreover, green steel reduces the carbon footprint, thereby mitigating the environmental impact of the steel industry, which is among the world's leading industrial sources of carbon dioxide emissions.
According to the World Steel Association, the global steel industry is responsible for approximately 7% of all direct emissions from the use of fossil fuels, highlighting the urgent need for the adoption of green steel technologies to reduce the sector's carbon footprint.
Increasing consumer demand for eco-friendly products
The global trend towards sustainability is changing industrial practices as well as consumer preferences. Consumer goods, construction, and automotive end users are among the industries where end users are increasingly looking for environmentally friendly, sustainable products. Green steel is quickly replacing conventional steel as a material of choice because it has a much smaller carbon footprint. Additionally, large companies and brands that pledge to become carbon neutral and source sustainable materials for their supply chains are supporting this trend.
Elevated production expenses
The high production costs linked to ecologically friendly steelmaking processes are one of the main barriers to the green steel market. Significant capital investment is needed for technologies like electric arc furnaces powered by renewable energy sources and hydrogen-based direct reduction. Inputs that are currently more expensive than traditional coal and natural gas used in conventional steelmaking, like hydrogen and renewable energy, are frequently used in the production of green steel. Furthermore, the switch to producing green steel also necessitates large expenditures in new machinery, infrastructure, and R&D, which raises prices even more.
Development in steel production using hydrogen
The development of technologies for producing steel based on hydrogen presents one of the green steel market's most promising prospects. When hydrogen is utilized as a reducing agent instead of carbon, steel can be produced with only water vapor as a byproduct and with very little carbon dioxide emissions. It is anticipated that as this field of study and development advances, hydrogen-based steel production will become much more efficient and economical. Moreover, the availability and affordability of hydrogen are expected to rise in tandem with rising investments in green hydrogen production and the growth of a global hydrogen economy, rendering this technology more feasible on a large scale.
Strong rivalry with conventional steel manufacturers
Traditional steel producers pose a serious threat to the green steel market because they have established cost-effective production methods that allow them to dominate the global market. Conventional steelmaking enjoys the advantages of economies of scale, well-established supply chains, and reduced production costs because it depends on blast furnaces and carbon-based reduction processes. Additionally, it is difficult for green steel to compete on price, particularly in cost-sensitive markets, because traditional steel producers can offer their products at significantly lower prices than green steel.
The market for green steel was impacted by the COVID-19 pandemic. At first, the slowdown in the world economy and problems with the supply chain caused a decrease in the demand for steel and a postponement of investments in green technologies. Financial limitations were a barrier for many steel producers, which delayed the adoption of expensive green steel production techniques. However, the pandemic additionally expedited the transition towards sustainability, given that governments and industries realized the significance of robust and environmentally conscious practices in the aftermath of the pandemic.
The Electric Arc Furnace (EAF) segment is expected to be the largest during the forecast period
The Electric Arc Furnace (EAF) market segment has the largest share in the green steel market. Because of its ability to use renewable energy sources and its efficiency in using scrap steel, EAF technology is a key player in the production of green steel. EAFs, as opposed to conventional blast furnaces, have the potential to drastically lower carbon emissions by replacing fossil fuels with electricity-ideally electricity generated by renewable sources like solar or wind energy. Moreover, this method is essential to sustainable steelmaking processes because it reduces greenhouse gas emissions and promotes a circular economy by recycling pre-existing steel.
The Wind segment is expected to have the highest CAGR during the forecast period
The wind energy segment of the green steel market is anticipated to grow at the highest CAGR. Electric arc furnaces (EAFs) and other green steel production technologies depend on a large and consistent supply of renewable electricity, which is why wind energy is growing so quickly. Wind power is a desirable alternative for lowering the carbon footprint of steel production because wind turbines convert wind energy into electricity without releasing greenhouse gases into the atmosphere. Additionally, the green steel industry is seeing a surge in the adoption and growth of wind technology due to its falling costs, favourable policies, and growing investments.
The European region has the largest market share for green steel. The region has led the world in producing green steel because of its steadfast dedication to sustainability and strict legislative frameworks that encourage carbon reduction. Carbon capture and storage (CCS) and electric arc furnaces (EAFs) are examples of cutting-edge technologies that have gained traction in Europe due to the continent's aggressive carbon emission reduction targets and significant investments in renewable energy infrastructure. Furthermore, Europe's strong industrial base and pro-green government policies reinforce its leadership in the shift to more environmentally friendly steel production.
The Asia-Pacific region is expected to have the highest CAGR in the green steel market. The region's growth is being propelled by its rapid industrialization, rising steel demand, and large investments in green technologies. Focusing on incorporating sustainable practices into their steel production processes, nations like China and India are attempting to meet global emissions targets while also addressing environmental issues. Moreover, the Asia-Pacific region's green steel industry is growing at a rapid pace, partly due to government policies that support lower carbon footprints and expand renewable energy capacity.
Key players in the market
Some of the key players in Green Steel market include Boston Metal, JFE Steel Corporation, Nippon Steel Corporation, Emirates Steel Arkan Group, Ansteel Group, Nucor Corporation (Nucor Tubular Products), POSCO International, H2 Green Steel, Jindal Steel & Power Ltd, Green Steel Group Inc., Swiss Steel Group, Arcelor Mittal, JSW Steel, Salzgitter AG and Voestalpine AG.
In June 2024, JSW Energy said that it has inked power purchase agreements through its subsidiaries for wind and solar projects with a cumulative capacity of 1,325 MW. This includes 1,025 MW with Solar Energy Corporation of India Ltd (SECI) and 300 MW with Gujarat Urja Vikas Nigam Ltd (GUVNL), bringing the total locked-in capacity of the company to 13.6 GW.
In January 2024, Emirates Steel Arkan (ESA) recently announced that it has signed a 5-year, $2 billion contract with Bahrain Steel Company (BSC) to supply high-grade iron-ore pellets. The companies signed the agreement during the Integrated Industrial Partnership for Sustainable Economic Growth initiative, held recently in Bahrain.
In December 2023, Nippon Steel Corporation announced that they have entered into a definitive agreement pursuant to which NSC will acquire U. S. Steel in an all-cash transaction at $55.00 per share, representing an equity value of approximately $14.1 billion plus the assumption of debt, for a total enterprise value of $14.9 billion.