Press release
Global Carbon Steel Market to Reach USD 1,284.51 Bn by 2030
Image: https://www.abnewswire.com/upload/2025/03/dfb9aa98bcb9de21e7a43bfb4a3493f3.jpg
Global Carbon Steel Market Key Takeaways
- In terms of Application, Food and Beverage sub-segment is expected to exhibit a CAGR of 3.7% from 2025 to 2032. A new report by Coherent Market Insights projects the segment to reach US$ 125.9 million by 2032.
- By Distribution Channel segment, in terms of market share, the Offline sub-segment is expected to contribute the largest share, accounting for 80.6% of the market in 2032
- As per Coherent Market Insights, Europe is estimated to exhibit highest CAGR of 15% in carbon steel market during the forecast period.
- Asia Pacific accounted for around 40% of shares in 2022. Growth is attributed to the growing construction, automotive, and shipbuilding industries. China is considered the dominating market in the APAC region.
- Coherent Market Insights forecasts that North America to hold a 20% share in 2022. The market is expected to expand at a CAGR of 4.5% during the forecast period. This is owing to various industries in the region. Moreover, the U.S. is considered the largest market in the North American region.
Request for a sample of this research report @https://www.coherentmarketinsights.com/insight/request-sample/6153
Growing demand for infrastructure development and Automotive Industry
A new report by Coherent Market Insights outlines significant trends in the carbon steel market. Developing countries are investing in infrastructural projects such as roads, buildings, and bridges. For instance, India is now developing 100 smart cities that increase the demand for carbon steel in urban infrastructure. Moreover, the automotive industry is heavily dependent upon carbon steel to make car bodies, engine components, and chassis. For instance, as per Bergsen Metal Company, steel having carbon content are alloys that have undergone some quenching heat treatment methods.
Environmental Concerns and availability of substitutes
The production of steel blast furnaces will result in sustainable CO2 emissions. Growing emphasis on sustainability will increase pressure on industries to adopt green production methods. Around 6% of total emissions are generated by steel emissions globally. Materials such as composite, stainless steel, and aluminum provide various advantages to carbon steel in specific applications.
Opportunities for Growth
Increasing environmental concerns will provide an opportunity for the production of sustainable steel production methods. Carbon steel can also be produced with the use of methods that emit less greenhouse gases and by adopting new technologies. Moreover, increasing demand for high-strength and low-alloy steel is sectors such as automotive where the use of lightweight and strong material will enhance fuel efficiency.
Emerging Market Trends
The increasing adoption of alloy steel in various industries such as machinery, construction, and automotive sector will drive demand. According to Coherent Market Insights (CMI), the global alloy steel market is estimated to reach at US$ 147.94 billion in 2025 and is projected to exhibit a CAGR of 3.8% from 2025 to 2032.
The green steel market is experiencing increased adoption, driven by increasing environmental regulation and reduction of carbon emission. Coherent Market Insights projects the green steel market to exhibit a CAGR of 60.4% over the forecast period, increasing from US$ 6.95 Bn in 2025 to US$ 189.82 Bn by 2032.
Analyst's View
"The global carbon steel market is poised for notable growth, driven primarily by growing demand for carbon steel as the infrastructure and properties are developed across the developing region. The industry is now shifting towards green steel production and technological integration," said senior analyst Yash Doshi. "The market faces stiff competition from sustainability regulations to reduce carbon emission and adoption of green steel alternatives."
Competitor Insights
Key companies in this market include:
- Nippon Steel & Sumitomo Metal Corporation
- POSCO
- Tata Steel
- Baowu Group
- JFE Steel Corporation
- JSW Steel
- United States Steel Corporation
- Shagang Group
- Ansteel group
Key Development
In 2022, Arcelor Mittal acquired Cleveland-Cliffs for US$ 38 billion. This deal is considered the world's largest steelmaker by output.
In 2021, Nippon Steel announced its partnership with Sumitomo Metal Corporation. This partnership would be the world's second-largest steelmaker.
Transform your Strategy with Exclusive Trending Reports:
Green Steel Market [https://www.coherentmarketinsights.com/industry-reports/green-steel-market]
Alloy Steel Market [https://www.coherentmarketinsights.com/industry-reports/alloy-steel-market]
Structural Steel Market [https://www.coherentmarketinsights.com/market-insight/structural-steel-market-5730]
About Us:
Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviors, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries.
Contact Us:
Mr. Raj Shah Senior Client Partner - Business Development Coherent Market Insights Phone: US: + 12524771362 UK: +442039578553 AUS: +61-2-4786-0457 India: +91-848-285-0837 Email: sales@coherentmarketinsights.com
Website: https://www.coherentmarketinsights.com/
Media Contact
Company Name: Coherent Market Insights
Contact Person: Mr. Raj Shah
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=global-carbon-steel-market-to-reach-usd-128451-bn-by-2030]
Country: United States
Website: https://www.coherentmarketinsights.com/
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Carbon Steel Market to Reach USD 1,284.51 Bn by 2030 here
News-ID: 3922595 • Views: …
More Releases from ABNewswire
The Great Unroboting: AI-Text-Humanizer.com Improves the Human-AI Collaboration …
MUNICH, GERMANY - September 30, 2025 - As companies hurry to integrate Artificial Intelligence into their workflows, a critical challenge emerged: The loss of the human touch. From sales emails to internal memos - AI-generated communication is often generic, impersonal but also ineffective. AI-Text-Humanizer.com started its enterprise platform to solve this problem - to improve human-AI collaboration.
The drive for AI-powered efficiency has created a corporate communications crisis. Sales outreach emails…
Phenix City Medical Practice Announces Expanded Healthcare Services, Addressing …
Preferred Medical Group, Phenix City, announces the expansion of its healthcare services and improved patient access, addressing community demand for comprehensive medical care with integrated pediatric, adult, and therapeutic services under one roof.
Preferred Medical Group, Phenix City [https://preferredmedgroup.com/], has announced significant enhancements to its healthcare services, responding to increased community demand for accessible and comprehensive medical care. The medical practice, located at 3700 South Railroad Street, has introduced streamlined patient…
Auburn Medical Practice Expands Integrated Care Model as Primary Care Doctor Add …
Preferred Medical Group - Auburn expands ADHD services and integrated care model, offering comprehensive family medicine, behavioral health, and specialized attention disorder treatment in one convenient East Alabama location.
Preferred Medical Group - Auburn [https://preferredmedgroup.com/] has announced significant enhancements to its integrated healthcare services, responding to increased demand for ADHD treatment and comprehensive family medical care in East Alabama. The Auburn location, situated at 318 Samford Village Court, Suite 100, now…
Local ADHD Doctor Program Launches at Preferred Medical Group - Opelika for East …
Preferred Medical Group - Opelika launches an integrated ADHD treatment program that combines pediatric care, psychiatry, and therapy services to address regional healthcare needs for East Alabama families.
Opelika healthcare providers have taken a significant step toward addressing the growing need for specialized attention deficit hyperactivity disorder services in East Alabama. Preferred Medical Group - Opelika [https://preferredmedgroup.com/] has announced the expansion of comprehensive ADHD treatment programs, integrating pediatric care with behavioral…
More Releases for Steel
Steel Beams Market is Booming Worldwide with Steel Dynamics, JSW Steel, JFE Stee …
HTF MI just released the Global Steel Beams Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Steel Beams Market are:
ArcelorMittal (Luxembourg), Nippon Steel (Japan),…
Special Ball Bearing Steel Market : Eminent Players - Nippon Steel, Suzhou Steel …
Market Description -
Los Angeles, (United States) - The information made available in the Special Ball Bearing Steel report will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. This will at last increase the return rate and drive the competitive edge within. Being a custom market report, it provides services tailored to the exact challenge. Whether it is survey work,…
Miscellaneous Steel Detailing | Steel Detailer | Steel Detailing Services
We provide the highest quality of finished projects in the industry. Boasting unmatched turnaround times, and superb accuracy. WorldSteel Detailings has onboard team of experienced steel detailers and engineers with a wide range of experience from industrial and commercial projects to high rise buildings. By using innovative technologies and latest softwares, our structural steel detailing team provides accurate services as per your requirements based on country standards.Our steel detailing professionals…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
