Press Resease

Weathering Steel Market - Global Industry Analysis

Weathering Steel Market - By Form (Plates, Bars, and Sheets), By Type (Corten-A and Corten-B), By End-Use Industry (Transportation, Art & Architecture, Building & Construction, and Industrial), By Availability (Unpainted and Painted), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025

Published Date: 10-Feb-2020 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-4766 Status : Published

Global weathering steel market in 2019 was valued at USD 1.1 billion and is predicted to surpass USD 1.7 billion by 2025, at a CAGR of 8.94% by 2025

Description

The global weathering steel market was estimated at 1.1 (USD Billion) in 2019 and is projected to be valued at over 1.7 (USD Billion) by 2025 at a CAGR of 8.94%. The report offers valuation and analysis of weathering steel market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, revenue estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

Key Growth Drivers

In the past, players across the steel industry were making huge investments in process control and optimization but were lagging behind in digital technologies implementation in comparison to other sectors such as media or banking. Nonetheless, since the last few years, the established players in the steel sector are introducing new digital technologies and this is likely to pave a new way for the growth of weathering steel industry over the forecast period. Apparently, breakthroughs in analytics, automation, and mobile services in the weathering steel market will result in huge gains for the market over the coming years. Process digitization and AI along with prominent usage of IoT and cloud technology is likely to further add to the growth of the weathering steel industry over the forecast timeline.

Apart from this, beneficial features such as rust resistance as well as high tensile strength will reinforce the growth of weathering steel industry during the forecast period.

Corten-B Weathering Steel Market To Register Massive Growth By 2025

The Corten- B Form segment is predicted to contribute lucratively towards the overall weathering steel industry over the forecast timeline. The segmental growth is credited to large-scale use of Corten-B steel in construction activities such as constructing bridges due to the robustness of the Form.

North America To Dominate Weathering Steel Market Expansion Over 2019-2025

The growth of the regional market over the forecast period is credited to favorable initiatives launched by the U.S. administration to promote the production and demand for steel along with focusing on improving the infrastructure facility. Apart from this, Mexico being a low-cost steel manufacturer is likely to prompt the market growth in the North American sub-continent over the forecast period.

Key participants involved in the weathering steel business and profiled i the report include such as JFE Steel Corporation, Nippon Steel & Sumitomo Metal Corporation, United States Steel Corporation, A. Zahner Company, Tata Steel, Arcelor Mittal, SSAB AB, Posco, Bluescope Steel Limited, and HBIS Group.

The global weathering steel market is segmented as follows:

By Type

  • Corten-A
  • Corten-B
  • Others (A604, A606, etc.)

By Form

  • Plates
  • Sheets
  • Bars
  • Others (Coils, rivets, stripes, tubes, etc.)

By Availability

  • Painted
  • Unpainted

By End-Use Industry industry

  • Building & Construction
  • Transportation
  • Art & Architecture
  • Industrial
  • Others (Decorative pieces and street lights)

By Region

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Weathering Steel Market, 2016-2025 (USD Billion)
    • 2.2. Weathering Steel Market: Snapshot
  • Chapter 3. Global Weathering Steel Market- Industry Analysis
    • 3.1. Weathering Steel Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Favorable product features such as high tensile strength and corrosion resistance
      • 3.2.2. Digitization of processes and prominent application of AI, IoT, and Cloud in the steel sector
    • 3.3. Porter's Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Form
      • 3.4.2. Market attractiveness analysis By Type
      • 3.4.3. Market attractiveness analysis By End-Use Industry
      • 3.4.4. Market attractiveness analysis By Availability
      • 3.4.5. Market attractiveness analysis by Region
  • Chapter 4. Global Weathering Steel Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Weathering Steel Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, collaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Weathering Steel Market- Form Analysis
    • 5.1. Global Weathering Steel Market overview: By Form
      • 5.1.1. Global Weathering Steel Market share, By Form,2018 and 2025
    • 5.2. Plates
      • 5.2.1. Global Weathering Steel Market by Plates, 2016-2025 (USD Billion)
    • 5.3. Bars
      • 5.3.1. Global Weathering Steel Market by Bars, 2016-2025 (USD Billion)
    • 5.4. Sheets
      • 5.4.1. Global Weathering Steel Market by Sheets, 2016-2025 (USD Billion)
  • Chapter 6. Global Weathering Steel Market- Type Analysis
    • 6.1. Global Weathering Steel Market overview: By Type
      • 6.1.1. Global Weathering Steel Market share, By Type, 2018 and 2025
    • 6.2. Corten-A
      • 6.2.1. Global Weathering Steel Market By Corten-A, 2016-2025 (USD Billion)
    • 6.3. Corten-B
      • 6.3.1. Global Weathering Steel Market By Corten-B, 2016-2025 (USD Billion)
  • Chapter 7. Global Weathering Steel Market- End-Use Industry Analysis
    • 7.1. Global Weathering Steel Market overview: By End-Use Industry
      • 7.1.1. Global Weathering Steel Market share, By End-Use Industry, 2018 and 2025
    • 7.2. Transportation
      • 7.2.1. Global Weathering Steel Market By Transportation, 2016-2025 (USD Billion)
    • 7.3. Art & Architecture
      • 7.3.1. Global Weathering Steel Market By Art & Architecture, 2016-2025 (USD Billion)
    • 7.4. Building & Construction
      • 7.4.1. Global Weathering Steel Market By Building & Construction, 2016-2025 (USD Billion)
    • 7.5. Industrial
      • 7.5.1. Global Weathering Steel Market By Industrial, 2016-2025 (USD Billion)
  • Chapter 8. Global Weathering Steel Market- Availability Analysis
    • 8.1. Global Weathering Steel Market overview: By Availability
      • 8.1.1. Global Weathering Steel Market share, By Availability, 2018 and 2025
    • 8.2. Unpainted
      • 8.2.1. Global Weathering Steel Market By Unpainted, 2016-2025 (USD Billion)
    • 8.3. Painted
      • 8.3.1. Global Weathering Steel Market By Painted, 2016-2025 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1. United States Steel Corporation
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Arcelor Mittal
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Tata Steel
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Nippon Steel & Sumitomo Metal Corporation
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. SSAB AB
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Development
    • 9.6. Posco
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Development
    • 9.7. Bluescope Steel Limited
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Development
    • 9.8. JFE Steel Corporation
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Development
    • 9.9. A. Zahner Company
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Development
    • 9.10. HBIS Group
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Development

Methodology

Choose License Type

Request the coronavirus impact analysis across industries and markets

HappyClients

Office Address

Corporate Office

Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1-386-310-3803
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com

We Are On Social