Quick Summary:
Immerse yourself in the comprehensive exploration of the global weathering steel market with our latest market research report. This sector, estimated currently at US$1.1 Billion, is forecasted not just to maintain its vitality, but to accelerate growth, reaching a substantial value of $1.8 Billion by the end of the decade. Today, key players include A. Zahner Company, Amardeep Steel, and Arcelormittal, among others, all analyzed in-depth within our report.
Our report not only meticulously surveys the current market landscape but also presents foresight into future trends. Groundbreaking insights on market dynamics, segmentation and geographical growth form the backbone of this report. Beneficial not only for current market players but prospective entrants as well, the report provides a clear understanding of the competitive landscape and the way forward for businesses in the sector. Notably, we offer online interactive peer-to-peer collaborative updates, ensuring you stay at the forefront of industry trends.
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
What is the estimated value of the Global Market for Weathering Steel?
What is the growth rate of the Global Market for Weathering Steel?
What is the forecasted size of the Global Market for Weathering Steel?
Who are the key companies in the Global Market for Weathering Steel?
| Report Attribute | Details |
|---|---|
| No. of Pages | 92 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.1 Billion |
| Forecasted Market Value ( USD | $ 1.8 Billion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 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
