219 – CRI Report

Sustainable Steel Market – A Global and Regional Analysis: Focus on Product Type, End-Use Application, Technology, and Region – Analysis and Forecast, 2022-2031

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Global Sustainable Steel Market Overview

The global sustainable steel market is projected to reach $795.8 billion by 2031 from $327.3 billion in 2021, growing at a CAGR of 8.97% during the forecast period 2022-2031.

The growth in the global sustainable steel market is expected to be driven by stringent government regulations, carbon neutrality targets, energy and cost efficiency owing to the use of recycled steel, and a significant increase in steel demand with the scarcity of raw materials and energy.

However, impurities in recycled steel due to incomplete separation and complex product design and the high cost of production for green steel amid high infrastructure costs and green hydrogen prices are some key restraining factors for the market.

Market Lifecycle Stage

The global sustainable steel market is in a growing phase. New trends, such as rising investments in green technologies, change in business models of companies due to climate action, increasing demand for green steel across the value chain, and development of economic and environmental technologies, are further expected to provide opportunities for the market to grow in the coming years.

Industrial Impact

With an increased worldwide focus on environmentally friendly, high-quality, recyclable, and sustainable materials, there is an increasing shift toward green and recycled steel in end-use industries, thereby creating demand for sustainable steel. The shift is more prominent in the building and construction and transportation industries in regions such as China, Europe, and North America.

Impact of COVID-19

The COVID-19 pandemic had a minor impact on the global sustainable steel market. It altered the market in both positive as well as negative ways. During the COVID-19 pandemic, sectors such as packaging and furniture and appliances showed positive growth, while demand from end-use industries, including building and construction and transportation, was impacted negatively due to the economic slowdown.

Market Segmentation

Segmentation 1: by End-Use Application

• Transportation
• Building and Construction
• Furniture and Appliances
• Packaging
• Others

Based on end-use application, the building and construction segment was dominant, accounting for a 38.6% share of the global sustainable steel market in 2021.

Segmentation 2: by Product Type

• Recycled Steel
• Green Steel

Based on product type, the recycled steel segment was dominant, accounting for a 99.97% share of the global sustainable steel market in 2021. It is one of the most significant product types used to reduce carbon footprint, energy consumption, and raw material requirements.

Segmentation 3: by Technology

• Electric Arc Furnace (EAF)
• Blast Furnace-Basic Oxygen Furnace (BF-BOF)
• Others

Based on technology, the electric arc furnace (EAF) segment was dominant, accounting for a 71.9% share of the global sustainable steel market in 2021.

Segmentation 4: by Region

• North America – U.S., Canada, and Mexico
• Europe – Germany, France, Italy, Spain, and Rest-of-Europe
• U.K.
• Asia-Pacific and Japan – Japan, India, South Korea, and Rest-of-Asia Pacific and Japan
• China
• Rest-of-the-World – Middle East and Africa and South America

China occupied the largest market share in 2021, and the region is expected to lead the market by 2031 as well. China is major producer and consumer of the crude steel and also lead the sustainable steel market.

Recent Developments in the Sustainable Steel Market

• In October 2022, Tata Steel signed a memorandum of understanding (MoU) with an American multinational automobile manufacturer, Ford, in Europe. Under this agreement, Tata Steel Nederland will supply the carmaker with Zeremis green steel once the IJmuiden steelworks start operating with green hydrogen-based steelmaking. Tata Steel has recently launched a new steel product, Zeremis Carbon Lite, with reduced carbon emissions of up to 100%. Ford has aimed to reach its carbon neutrality target by 2035, and this partnership will secure the future supply of environmentally friendly produced steel.
• In September 2022, NIPPON STEEL CORPORATION announced that it would launch a steel product that is certified and reduces carbon emissions under the brand name NSCarbolex Neutral. The company has a new initiative against climate change, i.e., the Carbon Neutral Vision 2050, and its new product will be featured in the market by the first half of the fiscal year 2023.
• In August 2022, HBIS GROUP signed an agreement with a German multinational manufacturer of performance luxury vehicles and motorcycles, BMW Group, to jointly manufacture green low carbon steel. The company will supply CO2-reduced steel to BMW Group’s plants located in Shenyang from 2023.
• In July 2022, LIBERTY Steel Group announced its plans to invest more than $350 million in two hybrid electric arc furnaces at Ostrava steelworks. These new furnaces will have a capacity of 3.5 million tons per year and will reduce the overall carbon emissions of the Ostrava steelworks by more than 80% by 2027. LIBERTY Ostrava, a subsidiary of LIBERTY Steel Group, signed an agreement with a leading global manufacturer of plant and machinery, Danieli, for the delivery of two state-of-the-art hybrid electric arc furnaces.

Demand – Drivers and Limitations

Following are the demand drivers for the global sustainable steel market:

• Stringent Regulations and Carbon Neutrality Targets
• Energy and Cost Efficiency owing to the Use of Recycled Steel
• Significant Increase in Steel Demand with Scarcity of Raw Materials and Energy

Following are the challenges for the global sustainable steel market:

• Impurities due to Incomplete Separation and Complex Product Design
• High Infrastructure Cost and Green Hydrogen Prices Curbing the Green Steel Developments

How can this report add value to an organizations?

Product/Innovation Strategy: The product segment helps the reader understand the different types of sustainable steel available and their potential globally. Moreover, the study provides the reader with a detailed understanding of the different sustainable steel end-use applications in industries such as transportation, building and construction, furniture and appliances, packaging, and others.

Growth/Marketing Strategy: Business expansions, partnerships, acquisitions, collaborations, and joint ventures are some key strategies adopted by key players operating in the space. For instance, in October 2022, Steel Dynamics acquired a ferrous and nonferrous scrap metals recycling company, ROCA ACERO SA de CV (ROCA). ROCA has five scrap processing facilities located near high-volume industrial scrap sources, mainly in Central and Northern Mexico. This acquisition was part of the company’s North American raw material procurement strategy.

Competitive Strategy: Key players in the global sustainable steel market analyzed and profiled in the study involve sustainable steel providers. Moreover, a detailed competitive benchmarking of the players operating in the global sustainable steel market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies profiled have been selected based on inputs gathered from primary experts and analyzing the company’s coverage, product portfolio, and market penetration.

Key Companies Profiled

• ArcelorMittal
• CMC
• Gerdau S/A
• HBIS GROUP
• LIBERTY Steel Group
• NIPPON STEEL CORPORATION
• NUCOR
• Steel Dynamics
• Pascap Co. Inc.
• POSCO
• Schnitzer Steel Industries, Inc.
• Lech Stahlwerke GmbH
• Tata Steel
• Celsa Group
• Kiliclara Inc.
• Boston Metal
• ScrapBuk
• f3nice SrL
• ElectraSteel Incorporated
• H2 Green Steel

1 Markets
1.1 Industry Outlook
1.1.1 Trends: Current and Future
1.1.1.1 Rising Investments in Green Technologies
1.1.1.2 Change in Business Models of Companies due to Climate Action
1.1.2 Supply Chain Analysis
1.1.3 Impact of COVID-19 on the Sustainable Steel Market
1.1.4 Impact of Russia and Ukraine War on the Sustainable Steel Market
1.1.5 Ecosystem/Ongoing Programs
1.1.5.1 Associations
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Stringent Regulations and Carbon Neutrality Targets
1.2.1.2 Energy and Cost Efficiency owing to the Use of Recycled Steel
1.2.1.3 Significant Increase in Steel Demand with Scarcity of Raw Materials and Energy
1.2.2 Business Challenges
1.2.2.1 Impurities due to Incomplete Separation and Complex Product Design
1.2.2.2 High Infrastructure Cost and Green Hydrogen Prices Curbing the Green Steel Developments
1.2.3 Business Strategies
1.2.3.1 Market Developments
1.2.3.2 Product Developments
1.2.4 Corporate Strategies
1.2.4.1 Partnerships, Acquisitions, Collaborations, and Joint Ventures
1.2.5 Business Opportunity
1.2.5.1 Increasing Demand for Green Steel across the Value Chain
1.2.5.2 Development of Economic and Environmental Technologies
1.3 Start-Up Landscape
1.3.1 Key Start-Ups in the Ecosystem
1.4 Patent Analysis
1.4.1 Patent Analysis (by Status)
1.4.2 Patent Analysis (by Leading Countries)
1.5 Global and Regional Level: Average Pricing Analysis
1.6 Global Green Steel Projects and Developments
2 Application
2.1 Sustainable Steel Market – End-Use Applications and Specifications
2.1.1 Transportation
2.1.2 Building and Construction
2.1.3 Furniture and Appliances
2.1.4 Packaging
2.1.5 Others
2.1.5.1 Artistic and Creative Sculptures
2.1.5.2 Mechanical Equipment and Tools
2.2 Global Sustainable Steel Market (by End-Use Application), Volume and Value Data
3 Products
3.1 Sustainable Steel Market – Product Types and Specifications
3.1.1 Recycled Steel
3.1.2 Green Steel
3.2 Global Sustainable Steel Market (by Product Type), Volume and Value Data
3.3 Sustainable Steel Market – Technologies and Specifications
3.3.1 Blast Furnace-Basic Oxygen Furnace (BF-BOF)
3.3.2 Electric Arc Furnace (EAF)
3.3.3 Others
3.3.3.1 Open-Hearth Furnace
3.4 Global Sustainable Steel Market (by Technology), Volume and Value Data
4 Region
4.1 North America
4.1.1 Market
4.1.1.1 Key Manufacturers/Suppliers in North America
4.1.1.2 Business Challenges
4.1.1.3 Business Drivers
4.1.2 Application
4.1.2.1 North America Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.1.3 Product
4.1.3.1 North America Sustainable Steel Market (by Technology), Volume and Value Data
4.1.4 North America Sustainable Steel Market (by Country), Volume and Value Data
4.1.5 North America (by Country)
4.1.5.1 U.S.
4.1.5.1.1 Market
4.1.5.1.1.1 Buyers Attributes
4.1.5.1.1.2 Key Manufacturers/Suppliers in the U.S.
4.1.5.1.1.3 Business Challenges
4.1.5.1.1.4 Business Drivers
4.1.5.1.2 Application
4.1.5.1.2.1 U.S. Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.1.5.1.3 Product
4.1.5.1.3.1 U.S. Sustainable Steel Market (by Technology), Volume and Value Data
4.1.5.2 Canada
4.1.5.2.1 Market
4.1.5.2.1.1 Buyers Attributes
4.1.5.2.1.2 Key Manufacturers/Suppliers in Canada
4.1.5.2.1.3 Business Challenges
4.1.5.2.1.4 Business Drivers
4.1.5.2.2 Application
4.1.5.2.2.1 Canada Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.1.5.2.3 Product
4.1.5.2.3.1 Canada Sustainable Steel Market (by Technology), Volume and Value Data
4.1.5.3 Mexico
4.1.5.3.1 Market
4.1.5.3.1.1 Buyers Attributes
4.1.5.3.1.2 Key Manufacturers/Suppliers in Mexico
4.1.5.3.1.3 Business Challenges
4.1.5.3.1.4 Business Drivers
4.1.5.3.2 Application
4.1.5.3.2.1 Mexico Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.1.5.3.3 Product
4.1.5.3.3.1 Mexico Sustainable Steel Market (by Technology), Volume and Value Data
4.2 Europe
4.2.1 Market
4.2.1.1 Key Manufacturers/Suppliers in Europe
4.2.1.2 Business Challenges
4.2.1.3 Business Drivers
4.2.2 Application
4.2.2.1 Europe Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.2.3 Product
4.2.3.1 Europe Sustainable Steel Market (by Technology), Volume and Value Data
4.2.4 Europe Sustainable Steel Market (by Country), Volume and Value Data
4.2.5 Europe (by Country)
4.2.5.1 Germany
4.2.5.1.1 Market
4.2.5.1.1.1 Buyers Attributes
4.2.5.1.1.2 Key Manufacturers/Suppliers in Germany
4.2.5.1.1.3 Business Challenges
4.2.5.1.1.4 Business Drivers
4.2.5.1.2 Application
4.2.5.1.2.1 Germany Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.2.5.1.3 Product
4.2.5.1.3.1 Germany Sustainable Steel Market (by Technology), Volume and Value Data
4.2.5.2 France
4.2.5.2.1 Market
4.2.5.2.1.1 Buyers Attributes
4.2.5.2.1.2 Key Manufacturers/Suppliers in France
4.2.5.2.1.3 Business Challenges
4.2.5.2.1.4 Business Drivers
4.2.5.2.2 Application
4.2.5.2.2.1 France Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.2.5.2.3 Product
4.2.5.2.3.1 France Sustainable Steel Market (by Technology), Volume and Value Data
4.2.5.3 Italy
4.2.5.3.1 Market
4.2.5.3.1.1 Buyers Attributes
4.2.5.3.1.2 Key Manufacturers/Suppliers in Italy
4.2.5.3.1.3 Business Challenges
4.2.5.3.1.4 Business Drivers
4.2.5.3.2 Application
4.2.5.3.2.1 Italy Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.2.5.3.3 Product
4.2.5.3.3.1 Italy Sustainable Steel Market (by Technology), Volume and Value Data
4.2.5.4 Spain
4.2.5.4.1 Market
4.2.5.4.1.1 Buyers Attributes
4.2.5.4.1.2 Key Manufacturers/Suppliers in Spain
4.2.5.4.1.3 Business Challenges
4.2.5.4.1.4 Business Drivers
4.2.5.4.2 Application
4.2.5.4.2.1 Spain Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.2.5.4.3 Product
4.2.5.4.3.1 Spain Sustainable Steel Market (by Technology), Volume and Value Data
4.2.5.5 Rest-of-Europe
4.2.5.5.1 Market
4.2.5.5.1.1 Buyers Attributes
4.2.5.5.1.2 Key Manufacturers/Suppliers in Rest-of-Europe
4.2.5.5.1.3 Business Challenges
4.2.5.5.1.4 Business Drivers
4.2.5.5.2 Application
4.2.5.5.2.1 Rest-of-Europe Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.2.5.5.3 Product
4.2.5.5.3.1 Rest-of-Europe Sustainable Steel Market (by Technology), Volume and Value Data
4.3 U.K.
4.3.1 Market
4.3.1.1 Buyers Attributes
4.3.1.2 Key Manufacturers/Suppliers in the U.K.
4.3.1.3 Business Challenges
4.3.1.4 Business Drivers
4.3.2 Application
4.3.2.1 U.K. Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.3.3 Product
4.3.3.1 U.K. Sustainable Steel Market (by Technology), Volume and Value Data
4.4 China
4.4.1 Market
4.4.1.1 Buyer Attributes
4.4.1.2 Key Manufacturers/Suppliers in China
4.4.1.3 Business Challenges
4.4.1.4 Business Drivers
4.4.2 Application
4.4.2.1 China Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.4.3 Product
4.4.3.1 China Sustainable Steel Market (by Technology), Volume and Value Data
4.5 Asia-Pacific and Japan
4.5.1 Market
4.5.1.1 Key Manufacturers/Suppliers in Asia-Pacific and Japan
4.5.1.2 Business Challenges
4.5.1.3 Business Drivers
4.5.2 Application
4.5.2.1 Asia-PacificSustainable Steel Market (by End-Use Application), Volume and Value Data
4.5.3 Product
4.5.3.1 Asia-PacificSustainable Steel Market (by Technology), Volume and Value Data
4.5.4 Asia-Pacific Sustainable Steel Market (by Country), Volume and Value Data
4.5.5 Asia-Pacific and Japan (by Country)
4.5.5.1 Japan
4.5.5.1.1 Market
4.5.5.1.1.1 Buyer Attributes
4.5.5.1.1.2 Key Manufacturers/Suppliers in Japan
4.5.5.1.1.3 Business Challenges
4.5.5.1.1.4 Business Drivers
4.5.5.1.2 Application
4.5.5.1.2.1 Japan Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.5.5.1.3 Product
4.5.5.1.3.1 Japan Sustainable Steel Market (by Technology), Volume and Value Data
4.5.5.2 South Korea
4.5.5.2.1 Market
4.5.5.2.1.1 Buyer Attributes
4.5.5.2.1.2 Key Manufacturers/Suppliers in South Korea
4.5.5.2.1.3 Business Challenges
4.5.5.2.1.4 Business Drivers
4.5.5.2.2 Application
4.5.5.2.2.1 South Korea Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.5.5.2.3 Product
4.5.5.2.3.1 South Korea Sustainable Steel Market (by Technology), Volume and Value Data
4.5.5.3 India
4.5.5.3.1 Market
4.5.5.3.1.1 Buyer Attributes
4.5.5.3.1.2 Key Manufacturers/Suppliers in India
4.5.5.3.1.3 Business Challenges
4.5.5.3.1.4 Business Drivers
4.5.5.3.2 Application
4.5.5.3.2.1 India Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.5.5.3.3 Product
4.5.5.3.3.1 India Sustainable Steel Market (by Technology), Volume and Value Data
4.5.5.4 Rest-of-Asia-Pacific and Japan
4.5.5.4.1 Market
4.5.5.4.1.1 Buyer Attributes
4.5.5.4.1.2 Key Manufacturers/Suppliers in Rest-of-Asia-Pacific and Japan
4.5.5.4.1.3 Business Challenges
4.5.5.4.1.4 Business Drivers
4.5.5.4.2 Application
4.5.5.4.2.1 Rest-of-Asia-Pacific and Japan Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.5.5.4.3 Product
4.5.5.4.3.1 Rest-of-Asia-Pacific and Japan Sustainable Steel Market (by Technology), Volume and Value Data
4.6 Rest-of-the-World
4.6.1 Market
4.6.2 Application
4.6.2.1 Rest-of-the-World Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.6.3 Product
4.6.3.1 Rest-of-the-World Sustainable Steel Market (by Technology), Volume and Value Data
4.6.4 Rest-of-World Sustainable Steel Market (by Region), Volume and Value Data
4.6.5 Rest-of-the-World (by Region)
4.6.5.1 South America
4.6.5.1.1 Market
4.6.5.1.1.1 Buyers Attributes
4.6.5.1.1.2 Key Manufacturers/Suppliers in South America
4.6.5.1.1.3 Business Challenges
4.6.5.1.1.4 Business Drivers
4.6.5.1.2 Application
4.6.5.1.2.1 South America Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.6.5.1.3 Product
4.6.5.1.3.1 South America Sustainable Steel Market (by Technology), Volume and Value Data
4.6.5.2 Middle East and Africa
4.6.5.2.1 Market
4.6.5.2.1.1 Buyers Attributes
4.6.5.2.1.2 Key Manufacturers/Suppliers in the Middle East and Africa
4.6.5.2.1.3 Business Challenges
4.6.5.2.1.4 Business Drivers
4.6.5.2.2 Application
4.6.5.2.2.1 Middle East and Africa Sustainable Steel Market (by End-Use Application), Volume and Value Data
4.6.5.2.3 Product
4.6.5.2.3.1 Middle East and Africa Sustainable Steel Market (by Technology), Volume and Value Data
5 Markets–- Competitive Benchmarking & Company Profiles
5.1 Competitive Benchmarking
5.1.1 Competitive Position Matrix
5.1.2 Product Matrix for Key Companies
5.1.3 Market Share Analysis of Key Companies
5.2 Company Profiles
5.2.1 ArcelorMittal
5.2.1.1 Company Overview
5.2.1.1.1 Role of ArcelorMittal in the Sustainable Steel Market
5.2.1.1.2 Product Portfolio
5.2.1.1.3 Business Strategies
5.2.1.1.3.1 Market Development
5.2.1.1.3.2 Product Development
5.2.1.1.4 Corporate Strategies
5.2.1.1.4.1 Partnerships, Acquisitions, Collaborations, and Joint Ventures
5.2.1.1.5 R&D Analysis
5.2.1.1.6 Analyst View
5.2.2 CMC
5.2.2.1 Company Overview
5.2.2.1.1 Role of CMC in the Sustainable Steel Market
5.2.2.1.2 Product Portfolio
5.2.2.1.3 Business Strategies
5.2.2.1.3.1 Market Development
5.2.2.1.3.2 Product Development
5.2.2.1.4 Corporate Strategies
5.2.2.1.4.1 Partnerships, Acquisitions, Collaborations, and Joint Ventures
5.2.2.1.5 R&D Analysis
5.2.2.1.6 Analyst View
5.2.3 Gerdau S/A
5.2.3.1 Company Overview
5.2.3.1.1 Role of Gerdau S/A in the Sustainable Steel Market
5.2.3.1.2 Product Portfolio
5.2.3.1.3 Business Strategies
5.2.3.1.3.1 Market Development
5.2.3.1.3.2 Product Development
5.2.3.1.4 Analyst View
5.2.4 HBIS GROUP
5.2.4.1 Company Overview
5.2.4.1.1 Role of HBIS GROUP in the Sustainable Steel Market
5.2.4.1.2 Product Portfolio
5.2.4.1.3 Business Strategies
5.2.4.1.3.1 Market Development
5.2.4.1.4 Corporate Strategies
5.2.4.1.4.1 Partnerships, Acquisitions, Collaborations, and Joint Ventures
5.2.4.1.5 Analyst View
5.2.5 LIBERTY Steel Group
5.2.5.1 Company Overview
5.2.5.1.1 Role of LIBERTY Steel Group in the Sustainable Steel Market
5.2.5.1.2 Product Portfolio
5.2.5.1.3 Business Strategies
5.2.5.1.3.1 Market Development
5.2.5.1.3.2 Product Development
5.2.5.1.4 Corporate Strategies
5.2.5.1.4.1 Partnerships, Acquisitions, Collaborations, and Joint Ventures
5.2.5.1.5 Analyst View
5.2.6 NIPPON STEEL CORPORATION
5.2.6.1 Company Overview
5.2.6.1.1 Role of NIPPON STEEL CORPORATION in the Sustainable Steel Market
5.2.6.1.2 Product Portfolio
5.2.6.1.3 Business Strategies
5.2.6.1.3.1 Market Development
5.2.6.1.3.2 Product Development
5.2.6.1.4 Corporate Strategies
5.2.6.1.4.1 Partnerships, Acquisitions, Collaborations, and Joint Ventures
5.2.6.1.5 R&D Analysis
5.2.6.1.6 Analyst View
5.2.7 NUCOR
5.2.7.1 Company Overview
5.2.7.1.1 Role of NUCOR in the Sustainable Steel Market
5.2.7.1.2 Product Portfolio
5.2.7.1.3 Business Strategies
5.2.7.1.3.1 Market Development
5.2.7.1.3.1 Product Development
5.2.7.1.4 Corporate Strategies
5.2.7.1.4.1 Partnerships, Acquisitions, Collaborations, and Joint Ventures
5.2.7.1.5 Analyst View
5.2.8 Steel Dynamics
5.2.8.1 Company Overview
5.2.8.1.1 Role of Steel Dynamics in the Sustainable Steel Market
5.2.8.1.2 Product Portfolio
5.2.8.1.3 Corporate Strategies
5.2.8.1.3.1 Partnerships, Acquisitions, Collaborations, and Joint Ventures
5.2.8.1.4 Analyst View
5.2.9 Pascap Co. Inc.
5.2.9.1 Company Overview
5.2.9.1.1 Role of Pascap Co. Inc. in the Sustainable Steel Market
5.2.9.1.2 Product Portfolio
5.2.9.1.3 Analyst View
5.2.10 POSCO
5.2.10.1 Company Overview
5.2.10.1.1 Role of POSCO in the Sustainable Steel Market
5.2.10.1.2 Product Portfolio
5.2.10.1.3 Business Strategies
5.2.10.1.3.1 Product Development
5.2.10.1.4 Corporate Strategies
5.2.10.1.4.1 Partnerships, Acquisitions, Collaborations, and Joint Ventures
5.2.10.1.5 Analyst View
5.2.11 Schnitzer Steel Industries, Inc.
5.2.11.1 Company Overview
5.2.11.1.1 Role of Schnitzer Steel Industries, Inc. in the Sustainable Steel Market
5.2.11.1.2 Product Portfolio
5.2.11.1.3 Business Strategies
5.2.11.1.3.1 Product Development
5.2.11.1.4 Corporate Strategies
5.2.11.1.4.1 Partnerships, Acquisitions, Collaborations, and Joint Ventures
5.2.11.1.5 Analyst View
5.2.12 Lech Stahlwerke GmbH
5.2.12.1 Company Overview
5.2.12.1.1 Role of Lech Stahlwerke GmbH in the Sustainable Steel Market
5.2.12.1.2 Product Portfolio
5.2.12.1.3 Analyst View
5.2.13 Tata Steel
5.2.13.1 Company Overview
5.2.13.1.1 Role of Tata Steel in the Sustainable Steel Market
5.2.13.1.2 Product Portfolio
5.2.13.1.3 Business Strategies
5.2.13.1.3.1 Market Development
5.2.13.1.3.2 Product Development
5.2.13.1.4 Corporate Strategies
5.2.13.1.4.1 Partnerships, Acquisitions, Collaborations, and Joint Ventures
5.2.13.1.5 R&D Analysis
5.2.13.1.6 Analyst View
5.2.14 Celsa Group
5.2.14.1 Company Overview
5.2.14.1.1 Role of Celsa Group in the Sustainable Steel Market
5.2.14.1.2 Product Portfolio
5.2.14.1.3 Business Strategies
5.2.14.1.3.1 Market Development
5.2.14.1.4 Analyst View
5.2.15 Kiliclara Inc.
5.2.15.1 Company Overview
5.2.15.1.1 Role of Kiliclar Inc. in the Sustainable Steel Market
5.2.15.1.2 Product Portfolio
5.2.15.1.3 Analyst View
5.2.16 Boston Metal
5.2.16.1 Company Overview
5.2.16.1.1 Role of Boston Metal in the Sustainable Steel Market
5.2.16.1.2 Product Portfolio
5.2.16.1.3 Corporate Strategies
5.2.16.1.3.1 Partnerships, Acquisitions, Collaborations, and Joint Ventures
5.2.16.1.4 Analyst View
5.2.17 ScrapBuk
5.2.17.1 Company Overview
5.2.17.1.1 Role of ScrapBuk in the Sustainable Steel Market
5.2.17.1.2 Product Portfolio
5.2.17.1.3 Analyst View
5.2.18 f3nice SrL
5.2.18.1 Company Overview
5.2.18.1.1 Role of f3nice SrL in the Sustainable Steel Market
5.2.18.1.2 Product Portfolio
5.2.18.1.3 Analyst View
5.2.19 ElectraSteel Incorporated
5.2.19.1 Company Overview
5.2.19.1.1 Role of ElectraSteel Incorporated in the Sustainable Steel Market
5.2.19.1.2 Product Portfolio
5.2.19.1.3 Corporate Strategies
5.2.19.1.3.1 Partnerships, Acquisitions, Collaborations, and Joint Ventures
5.2.19.1.4 Analyst View
5.2.20 H2 Green Steel
5.2.20.1 Company Overview
5.2.20.1.1 Role of H2 Green Steel in the Sustainable Steel Market
5.2.20.1.2 Product Portfolio
5.2.20.1.3 Analyst View
6 Research Methodology
List of Figures
Figure 1: Global Sustainable Steel Market, $Billion, 2021-2031
Figure 2: Global Sustainable Steel Market (by End-Use Application), $Billion, 2021 and 2031
Figure 3: Global Sustainable Steel Market (by Product Type), $Billion, 2021 and 2031
Figure 4: Global Sustainable Steel Market (by Technology), $Billion, 2021 and 2031
Figure 5: Global Sustainable Steel Market (by Region), $Billion, 2021 and 2031
Figure 6: Sustainable Steel Market Coverage
Figure 7: Supply Chain Analysis of the Sustainable Steel Market
Figure 8: Patent Analysis (by Year), January 2019-November 2022
Figure 9: Patent Analysis (by Status), January 2019-November 2022
Figure 10: Patents Filed by Leading Countries, January 2019-November 2022
Figure 11: Patents Granted to Leading Countries, January 2019-November 2022
Figure 12: Research Methodology
Figure 13: Top-Down and Bottom-Up Approach
Figure 14: Influencing Factors of the Sustainable Steel Market
Figure 15: Assumptions and Limitations
List of Tables
Table 1: Global Sustainable Steel Market Snapshot, $Billion, 2021 and 2031
Table 2: Key Market Developments
Table 3: Key Product Developments (2019-2021)
Table 4: Key Partnerships, Acquisitions, Collaborations, and Joint Ventures
Table 5: Global Sustainable Steel Market, Average Pricing Analysis, $/Ton, 2021-2031
Table 6: Sustainable Steel Market (by Region), Average Pricing Analysis, $/Ton, 2021-2031
Table 7: Global Sustainable Steel Market (by Product Type), Average Pricing Analysis, $/Ton, 2021-2031
Table 8: Global Green Steel Projects and Developments, by Company
Table 9: Global Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 10: Global Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 11: Global Sustainable Steel Market (by Product Type), Million Tons, 2021-2031
Table 12: Global Sustainable Steel Market (by Product Type), $Billion, 2021-2031
Table 13: Global Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 14: Global Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 15: Global Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 16: Global Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 17: Global Sustainable Steel Market (by Product Type), Million Tons, 2021-2031
Table 18: Global Sustainable Steel Market (by Product Type), $Billion, 2021-2031
Table 19: Global Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 20: Global Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 21: Global Sustainable Steel Market (by Region), Million Tons, 2021-2031
Table 22: Global Sustainable Steel Market (by Region), $Billion, 2021-2031
Table 23: North America Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 24: North America Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 25: North America Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 26: North America Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 27: North America Sustainable Steel Market (by Country), Million Tons, 2021-2031
Table 28: North America Sustainable Steel Market (by Country), $Billion, 2021-2031
Table 29: U.S. Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 30: U.S. Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 31: U.S. Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 32: U.S. Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 33: Canada Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 34: Canada Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 35: Canada Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 36: Canada Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 37: Mexico Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 38: Mexico Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 39: Mexico Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 40: Mexico Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 41: Europe Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 42: Europe Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 43: Europe Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 44: Europe Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 45: Europe Sustainable Steel Market (by Country), Million Tons, 2021-2031
Table 46: Europe Sustainable Steel Market (by Country), $Billion, 2021-2031
Table 47: Germany Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 48: Germany Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 49: Germany Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 50: Germany Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 51: France Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 52: France Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 53: France Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 54: France Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 55: Italy Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 56: Italy Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 57: Italy Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 58: Italy Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 59: Spain Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 60: Spain Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 61: Spain Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 62: Spain Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 63: Rest-of-Europe Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 64: Rest-of-Europe Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 65: Rest-of-Europe Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 66: Rest-of-Europe Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 67: U.K. Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 68: U.K. Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 69: U.K. Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 70: U.K. Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 71: China Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 72: China Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 73: China Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 74: China Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 75: Asia-PacificSustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 76: Asia-PacificSustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 77: Asia-PacificSustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 78: Asia-PacificSustainable Steel Market (by Technology), $Billion, 2021-2031
Table 79: Asia-Pacific Sustainable Steel Market (by Country), Million Tons, 2021-2031
Table 80: Asia-Pacific Sustainable Steel Market (by Country), $Billion, 2021-2031
Table 81: Japan Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 82: Japan Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 83: Japan Sustainable Steel Market (by Technology), Million Tons, 2021-2031
Table 84: Japan Sustainable Steel Market (by Technology), $Billion, 2021-2031
Table 85: South Korea Sustainable Steel Market (by End-Use Application), Million Tons, 2021-2031
Table 86: South Korea Sustainable Steel Market (by End-Use Application), $Billion, 2021-2031
Table 87: South Korea Sustainable Steel Market (by Technology), Million Ton”

The post Sustainable Steel Market – A Global and Regional Analysis: Focus on Product Type, End-Use Application, Technology, and Region – Analysis and Forecast, 2022-2031 first appeared on CRI Report.

Robotic-Assisted Imaging Technologies Market – A Global and Regional Analysis: Focus on Imaging Modality, Mobility, Application, End User, and Country-Wise Analysis – Analysis and Forecast, 2021-2030

admin — Thu, 13 Jan 2022 01:14:11 +0000

Market Report Coverage – Robotic-Assisted Imaging Technologies Market

Market Segmentation

• Imaging Modalities – X-Ray, CT, Ultrasound, MRI, and Others
• Application – Diagnosis and Imaging and Treatment
• Mobility – Stationary and Portable
• End User – Hospitals and Ambulatory Surgery Centers and Other Settings
• Region – North America, Europe, Asia-Pacific, and Rest-of-the-World

Regional Segmentation

• North America – U.S. and Canada
• Europe – Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, Benelux Countries, and Rest-of-Europe
• Asia-Pacific – China, Japan, South Korea, India, Australia and New Zealand, and Rest-of-Asia-Pacific
• Rest-of-the-World – Latin America and Middle East and Africa

Market Growth Drivers

• Rise in Minimally Invasive Surgical Procedures Across the Globe
• Evolution in Image Modalities and Features
• Rise in Application of Robotics in Medical Field

Market Challenges

• Robotic Failures Leads to Low Rate of Adoption
• Lack of Acceptance of Robotic Procedures
• Safety and Privacy Concerns Related to Patient’s Data

Market Opportunities

• Increased Prevalence for Misdiagnosis Makes Way for Robotics in Diagnostics and Surgery Domains
• High Growth Opportunity in Emerging Economies

Key Companies Profiled

Brainlab AG, Digisens SAS, Epica International, Inc. (Epica Human Health), General Electric Company, Globus Medical, Inc., Medirob AB, Medtronic plc, Neocis, Inc., Novasignal Corporation, Perfint Healthcare, Renishaw plc, Siemens Healthineers AG, Stereotaxis, Inc., Trivitron Healthcare

How This Report Can Add Value

Who should buy this report?

• Surgical and imaging robotics providers to gain a holistic view of the market potential of various offerings and developing economies for business expansion
• AI-enabled imaging devices, haptics, and cloud service providers
• Established healthcare companies integrating software, machine learning, robotics, haptics, and artificial intelligence (AI) into the radiology field
• Established medical technology companies to gain insights into the market potential, market entry strategies, new technologies in the market, and key competitors

Key questions answered in the report

• What are the key trends that have a strong influence on the global robotic-assisted imaging technologies market? How did the COVID-19 pandemic impact the growth of the robotic-assisted imaging technologies market?
• What are the key development strategies which are implemented by the key players to maintain and capture market share?
• How does the patent landscape of robotic-assisted imaging technologies look like?
• What are the major market drivers, challenges, and opportunities in the global robotic-assisted imaging technologies market?
• Which leading companies are dominating the global robotic-assisted imaging technologies market?
• What are the regulations about the global robotic-assisted imaging technologies market?
• What was the market value of the leading segments and sub-segments of the global robotic-assisted imaging technologies market?
• How is each segment of the global robotic-assisted imaging technologies market expected to grow during the forecast period, and what is the expected revenue to be generated by each of the segments by the end of 2030?
• Which region carries the potential for the significant expansion of key companies within the robotic-assisted imaging technologies market?

Global Robotic-Assisted Imaging Technologies Market Overview

The surgical medical specialty has matured to deliver in-depth and precise clinical outcomes for both doctors and patients, as well as to enhance surgical workflow patterns in healthcare systems.

In comparison to prior eras, the healthcare sector is now integrating more advanced technology that is more informed and connected. The use of robotic-assisted imaging technologies makes diagnosis and surgery safer for patients by making it more precise and minimally invasive.

The global robotic-assisted imaging technologies market products include X-ray, CT, ultrasound, MRI, and others under the imaging modalities segment. It can be further segmented based on mobility and application. It is categorized as stationary and portable segments based on mobility, whereas under the application segment, it is categorized as diagnosis and imaging and treatment.

The global robotic-assisted imaging technologies market was valued at $617.7 million in 2020 and is projected to reach $2,207.8 million by the end of 2030, growing at a CAGR of 13.74% during the forecast period 2021-2030.

Market Drivers

Presently, the factors driving the growth of the market include rise in minimally invasive surgical procedures across the globe, evolution in image modalities and features, and rise in applications of robotics in the medical field.

Market Challenges

The challenges that are restricting the growth of the market include robotic failures leading to a low rate of adoption, lack of acceptance of robotic procedures, and safety and privacy concerns related to patient data.

Market Opportunities

Potential opportunities that are likely to boost the growth of the market include increased prevalence for misdiagnosis makes way for robotics in diagnostics and surgery domains high growth opportunities in emerging economies.

Impact of COVID-19

The COVID-19 pandemic had an ambiguous impact on the robotic-assisted imaging technologies market. Few of the imaging modalities, such as X-ray and CT, were used for screening during the COVID-19 pandemic, whereas the majority of the imaging modalities were not used due to postponement of elective surgeries and procedures during the pandemic.

In the first half of 2020, the COVID-19 pandemic had a significant influence on elective surgical procedures. On a global scale, the COVID-19 pandemic also significantly impacted regular hospital routine services. During the early stages of the pandemic, hospitals drastically restricted or stopped performing elective surgical procedures to ensure patient safety and to focus on COVID-19 patients.

Market Segmentation

by Imaging Modalities

Under this segmentation, the market is categorized into X-ray, CT, ultrasound, MRI, and others.

The X-ray segment is expected to grow at the highest CAGR of 12.87% during the forecast period 2021-2030.

by Mobility

Under this segmentation, the market is categorized into stationary and portable.

The stationary segment is expected to grow at the highest CAGR of 13.43% during the forecast period 2021-2030.

by Application

Under this segmentation, the market is categorized into diagnosis and imaging and treatment. The diagnosis and imaging segment is expected to grow at the highest CAGR of 13.48% during the forecast period 2021-2030.

by Region

The different regions covered under the market report include North America, Europe, Asia-Pacific, and Rest-of-the-World.

North America dominated the market in 2020 and is anticipated to uphold its dominance throughout the forecast period 2021-2030. The growth in the market is majorly driven by the increasing research and development activities and many companies being located in the U.S.

Key Market Players and Competition Synopsis

Some key players operating in the market include Brainlab AG, Digisens SAS, Epica International, Inc. (Epica Human Health), General Electric Company, Globus Medical, Inc., Medirob AB, Medtronic plc, Neocis, Inc., Novasignal Corporation, Perfint Healthcare, Renishaw plc, Siemens Healthineers AG, Stereotaxis, Inc., and Trivitron Healthcare

The robotic-assisted imaging technologies market has witnessed several strategic and technological developments from January 2017- November 2021, undertaken by different market players to attain their respective market shares in this emerging domain. Some strategies covered in this segment are product development and upgradation, partnerships, collaborations, business expansion, funding activities, regulatory approvals, mergers, and acquisitions. The preferred strategy for companies has been regulatory activities.

The post Robotic-Assisted Imaging Technologies Market – A Global and Regional Analysis: Focus on Imaging Modality, Mobility, Application, End User, and Country-Wise Analysis – Analysis and Forecast, 2021-2030 first appeared on CRI Report.