Automotive Adhesives & Sealants Market Overview
The growth of the Green Metal market is further supported by technological advancements in recycling, green hydrogen-based steelmaking, and improved lifecycle management of metals such as aluminum, cobalt, and lithium. Countries and corporations are investing heavily in clean extraction and refining processes to comply with international environmental standards and reduce carbon emissions across the supply chain.
Market Value & Growth Projections
Market Value & Growth
Projections:
• Market Value in 2024 : USD 1,909,170 million
• Projected Value by 2031: USD 2,342,746.54 million
• CAGR 2.30% (2024–2031)
Key Market Drivers:
Green Metal market driven by regulations, tech innovation, and consumer trends.
Strict environmental laws worldwide to cut emissions.
Market Segmentation
Key Market Players
BHP Group
Glencore
Baowu
Chinalco
Regional Market Analysis
North America:
The North American Green Metal market is fueled by governmental support and consumer awareness. The U.S. Department of Energy has allocated billions in funding for domestic critical mineral production. Canada’s Critical Minerals Strategy also emphasizes environmentally responsible extraction. Lithium extraction in Nevada and Ontario’s nickel mining expansion are notable examples. The region is also a hub for sustainable infrastructure projects and EV battery gigafactories, driving the demand for aluminum, copper, and lithium.
Europe:
Europe remains at the forefront of green initiatives. The European Green Deal and the Fit for 55 policy package are major catalysts, promoting the use of recycled and lowemission metals. Sweden’s HYBRIT project, which produces green steel using hydrogen, has set a benchmark globally. Germany and France are investing heavily in EV production and sustainable building materials, boosting demand for cobalt, nickel, and aluminum.region.
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