Galvanized Steel Market Size To Reach $353.51 Billion By 2030

Galvanized Steel Market Growth & Trends

The global galvanized steel market size is anticipated to reach USD 353.51 billion by 2030 and is anticipated to expand at a CAGR of 6.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. Galvanized steel is highly valued for its corrosion-resistant properties, which make it ideal for outdoor and harsh environmental conditions. This characteristic has made galvanized steel a preferred choice in constructing bridges, highways, buildings, and other critical infrastructure. As urbanization continues to rise across the globe,  especially in emerging economies, the demand for durable construction materials is growing rapidly.

Automakers are utilizing galvanized steel to manufacture body panels, chassis, and other vehicle components to enhance durability and reduce the overall weight of vehicles. The growing demand for lightweight, fuel-efficient vehicles has prompted automakers to seek materials that can strengthen and resist rust and corrosion. The rise in consumer preference for electric vehicles (EVs) also contributes to the increased use of the material. EVs require durable components for better performance and longer lifespans, further propelling market growth.

Additionally, the rising emphasis on sustainability and eco-friendly products drives the demand for galvanized steel. It is 100% recyclable, and its ability to be reused multiple times without significant degradation in quality appeals to industries focused on reducing environmental impact. As governments and organizations worldwide impose stricter regulations on carbon emissions and environmental protection, the demand for sustainable construction and manufacturing materials is increasing. This focus on sustainability motivates industries to adopt galvanized steel for projects where environmental concerns are a priority, fueling market growth.

Technological advancements in the manufacturing process of galvanized steel are also contributing to market expansion. Innovations such as continuous hot-dip galvanizing, electro-galvanizing, and advanced coating technologies have improved galvanized steel's quality, cost-effectiveness, and versatility. These advancements make galvanized steel more accessible to various industries and applications, providing a competitive edge over alternative materials. Developing thinner, stronger, and more aesthetically pleasing galvanized steel products has opened up opportunities in sectors like architecture and design, where functionality and appearance are important.

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Galvanized Steel Market Report Highlights

• Based on end use, building & construction dominated the market with a share of 41.7% in 2024 due to the increasing demand for durable, corrosion-resistant materials in infrastructure projects and the rising trend of sustainable construction practices that prioritize long-lasting materials.

• Asia Pacific is the dominant region for the galvanized steel market, with a revenue share of 66.8% in 2024, driven by rapid urbanization, infrastructure development, and increasing demand for energy-efficient solutions.

Galvanized Steel Market Report Segmentation

Grand View Research has segmented the global galvanized steel market report based on end-use, and region:

Galvanized Steel End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Automotive

• Building & Construction

• Appliances

• Others

Galvanized Steel Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

  • Russia

  • Italy

• Asia Pacific

  • China

  • India

  • Japan

  • Indonesia

• Central & South America

  • Brazil

• Middle East & Africa

  • Saudi Arabia

List of Key Players in the Galvanized Steel Market

• ArcelorMittal

• Nippon Steel Corporation

• thyssenkrupp

• Steel Dynamics Inc.

• POSCO HOLDINGS INC.

• JFE Steel Corporation

• JSW Steel Limited

• Tata Steel

• NLMK Group

• Jiangsu Shagang Group