According to the latest publication from Meticulous Research®, the galvanized steel market is projected to reach $216.2 billion by 2031, growing at a CAGR of 9.9% from 2024 to 2031, with a volume expected to hit 240.8 million tons at a CAGR of 9.2% during the same period. This growth is primarily driven by increased infrastructure investments and rising demand in the construction industry. However, challenges such as raw material price volatility and regulatory compliance may hinder market expansion. The market is categorized into product types—hot-dipped galvanized steel (including various subtypes like hot-dipped zinc-coated and hot-dipped aluminum-coated) and electro-galvanized steel (including electrolytic zinc-coated and nickel-coated varieties)—and applications spanning building and construction (including trusses, roofs, and ducts), shipbuilding, automotive, and white goods (like refrigerators and washing machines). The study also provides an evaluation of industry competitors and a regional and country-level market analysis. Additionally, technological advancements in manufacturing processes present opportunities for growth, though high manufacturing costs remain a significant challenge.