MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Middle East and Africa Green Steel Market Research Report: Forecast (2026-2032). This report provides a detailed assessment of the Middle East and Africa Green Steel Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

  • Historical Years: 2021-24
  • Base Years: 2025
  • Forecast year - 2026-2032

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

Download a FREE PDF Sample of the Report: https://www.marknteladvisors.com/query/request-sample/mea-green-steel-market.html  (Discover the market potential, platform-specific insights, and key industry trends.)

Middle East and Africa Green Steel Market Outlook

According to the report, The Middle East and Africa Green Steel Market size was valued at around 0.20 million tons in 2025 and is projected to reach 1.8 million tons by 2032. Along with this, the market is estimated to grow at a CAGR of around 36.87% during the forecast period, i.e., 2026-32.

This flourishing growth is significantly driven by 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. For instance,

  • 2024, the UAE implemented Federal Decree-Law No. (11) on climate change reduction, requiring entities to measure and reduce GHG emissions, reinforcing its national climate targets.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

Middle East and Africa Green Steel Market Drivers:

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.

View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/mea-green-steel-market.html  (Explore in-depth analyses, technological trends, and investment patterns.)

Middle East and Africa Green Steel Market Trends:

Hydrogen-Based DRI Technology in Middle East and Africa– The leading trend in Middle East and Africa green steel is the accelerated adoption of hydrogen-based direct reduced iron (DRI) technology. Countries like Saudi Arabia and the UAE are investing heavily in green hydrogen production to enable low-carbon steel manufacturing. This shift is driven by aggressive net-zero targets and government-backed initiatives such as the Saudi Green Initiative and the UAE’s Net Zero by 2050 Strategy. Green steel projects are moving from pilot phases to commercial scale, supported by international partnerships and strategic investments, positioning the region as a key player in sustainable steel production globally.

Middle East and Africa Green Steel Market Segmentation

The study categorizes the Middle East and Africa Green Steel Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Production Technology

  • Electric Arc Furnace
  • Molten Oxide Electrolysis

By Energy Source

  • Solar
  • Wind
  • Other Renewable Energy Sources (Hydropower, biomass energy, etc.)

By End User

  • Building and Construction
  • Automotive and Transport
  • Electronics
  • Industrial Equipment
  • Others (FMCG, Defense, Etc.)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Country

  • The UAE
  • Saudi Arabia
  • Qatar
  • Oman
  • Turkey
  • Egypt
  • South Africa
  • Rest of Middle East & Africa (MEA)

Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/mea-green-steel-market.html  Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in Middle East and Africa Green Steel Market Worldwide: Players, Analysis & Future Outlook

Emirates Steel Arkan, Jindal Shaheed Iron & Steel LLC, Arcelor Mittal South Africa, Essar Group, Arab Steel Co., ThyssenKrupp AG, Qatar Steel, Voestalphine AG, Outokumpu Oyj Middle East FZCO, EZZ Steel are some of the top players in the Middle East and Africa Green Steel Market during the forecast period.

Key Highlights of the Report

  • Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2026 to 2032.
  • Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
  • Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
  • Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/mea-green-steel-market.html

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the Middle East and Africa Green Steel Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Middle East and Africa Green Steel Market?
4. Who are the prominent players in the Middle East and Africa Green Steel Market?
5. How is the competition structured in this market?
6. How can I access the full report?

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MarkNtel Advisors is a global research and advisory firm with expertise across the energy industry, covering renewable energy, oil & gas, energy storage, and power generation. We deliver data-backed insights that assist energy producers, utilities, and investors in navigating regulatory transitions and emerging technologies. With Consulting Services, we help clients interpret market intelligence and design actionable strategies that accelerate decarbonization, enhance energy resilience, and ensure sustainable growth across global markets.

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