Weathering Steel: Global Strategic Business Report

Global Weathering Steel Market to Reach $1.8 Billion by 2030

The global market for Weathering Steel estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$1.8 Billion by 2030, growing at a CAGR of 6.1% over the analysis period 2022-2030. Corten-B, one of the segments analyzed in the report, is projected to record a 6.6% CAGR and reach US$818.8 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Corten-A segment is readjusted to a revised 6.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $312.9 Million, While China is Forecast to Grow at 9.9% CAGR

The Weathering Steel market in the U.S. is estimated at US$312.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$410.1 Million by the year 2030 trailing a CAGR of 9.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 6.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$252.5 Million by the year 2030.

Select Competitors (Total 36 Featured) -

• A. Zahner Company
• Amardeep Steel
• Arcelormittal
• Bluescope Steel Limited
• Champak Steel & Engg. Co.
• Conquest Steel and Alloys
• Cooper & Turner LTD.
• HBIS Group
• Henan Gang Iron and Steel Co., LTD. (Gangsteel)
• JFE Steel Corporation

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year