Weathering Steel Market Size, Share, Growth Report 2030

Weathering Steel Market

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

Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-4766 Published Date: Feb-2020 Status : Published
Market Size in 2019 Market Forecast in 2025 Growth Rate (in %) Base Year
USD 1.1 billion USD 1.7 billion CAGR at 8.94%. 2019

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).

Global Weathering Steel Market SizeRequest Free Sample

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.

Weathering Steel Market: Report Scope

Report Attributes Report Details
Report Name Weathering Steel Market Research Report
Market Size in 2019 USD 1.1 billion
Market Forecast in 2025 USD 1.7 billion
Growth Rate CAGR of 8.94%.
Number of Pages 110
Key Companies Covered 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.
Segments Covered By Type,BY Form,By Availability,By End-Use Industry industry And By Regional.
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2019
Historical Year 2019 to 2025
Forecast Year 2019 - 2025
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

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
  • 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

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