The Europe Green Steel Market is experiencing significant growth, with a projected value of USD 10.4 billion by 2032, propelled by a CAGR of 71.50%. The region's focus on sustainable manufacturing practices to reduce carbon emissions has led to the adoption of green steel production methods, primarily utilizing hydrogen over carbon-intensive processes. Key market trends include increased investments in hydrogen technologies, regulatory support from initiatives like the European Green Deal, and industry collaborations for innovative solutions. Environmental regulations, growing demand for sustainable products, technological advancements like direct reduction of iron using hydrogen, and corporate sustainability commitments are major drivers of market growth. Leading companies in Europe's green steel market, such as SSAB, ArcelorMittal, Tata Steel, Thyssenkrupp, and H2 Green Steel, are at the forefront of green steel initiatives leveraging hydrogen for production. Despite challenges like high production costs, limited hydrogen infrastructure, competition from traditional steel, and technological uncertainties, the market is segmented by production methods (hydrogen-based and electric arc furnace), applications (automotive, construction, consumer goods), and geographic regions (Western, Northern, and Southern Europe). The article highlights the importance of hydrogen in driving Europe's green steel revolution, emphasizing the positive sentiment towards sustainable practices and the ambitious goals set by key industry players to achieve carbon neutrality by 2050.