
Global Weathering Steel Market Size Study, by Type (Corten-A, Corten-B), Form (Sheets, Plates, Bar), Availability (Painted, Unpainted), End Use Industry (Building & Construction, Transportation, Art & Architecture, Industrial), and Regional Forecasts 2022
Description
Global Weathering Steel Market Size Study, by Type (Corten-A, Corten-B), Form (Sheets, Plates, Bar), Availability (Painted, Unpainted), End Use Industry (Building & Construction, Transportation, Art & Architecture, Industrial), and Regional Forecasts 2022-2032
The global Weathering Steel market, valued at approximately USD 1.40 billion in 2023, is poised to expand at a robust compound annual growth rate (CAGR) of 8.80% over the forecast period 2024-2032. Weathering steel, often referred to as COR-TEN steel, is a specialized alloy designed to form a stable rust-like appearance when exposed to the environment, eliminating the need for painting. Its aesthetic appeal and structural durability have driven its adoption across multiple sectors, including construction, transportation, and art installations. The material’s unique self-healing property offers cost efficiencies in maintenance while contributing to its growing preference in modern architectural designs.
The surge in urbanization and infrastructure development projects globally has positioned weathering steel as a go-to material for architects and engineers seeking long-term, visually appealing, and sustainable solutions. The building and construction industry accounts for the lion’s share of the demand, with applications ranging from bridges and facades to railway tracks. Moreover, its growing utilization in the transportation industry, particularly in railway carriages and freight applications, underpins the market's expansion. While the initial cost of weathering steel may be higher than traditional steel, its lifecycle benefits and minimal maintenance requirements outweigh this challenge. Advancements in manufacturing techniques and the rise of painted and unpainted variants are further enhancing its market penetration.
Regionally, North America leads the Weathering Steel market, driven by a strong emphasis on sustainable construction and infrastructure renovation projects. Europe closely follows, owing to the region's robust architectural practices and stringent environmental regulations promoting eco-friendly materials. The Asia Pacific region is expected to witness the fastest growth over the forecast period, fueled by rapid urbanization, burgeoning construction activities, and investments in transportation infrastructure in countries like China and India. Meanwhile, Latin America and the Middle East & Africa are gradually emerging as lucrative markets due to increasing industrial and infrastructure development.
Major market players included in this report are:
• ArcelorMittal
• Tata Steel Limited
• Nippon Steel Corporation
• POSCO
• JFE Steel Corporation
• United States Steel Corporation
• Bluescope Steel Limited
• HBIS Group
• Nucor Corporation
• SSAB AB
• ThyssenKrupp Steel Europe
• Baosteel Group
• AK Steel Holding Corporation
• Evraz Group
• Voestalpine AG
The detailed segments and sub-segment of the market are explained below:
By Type
• Corten-A
• Corten-B
By Form
• Sheets
• Plates
• Bar
By Availability
• Painted
• Unpainted
By End Use Industry
• Building & Construction
• Transportation
• Art & Architecture
• Industrial
By Region: North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Years considered for the study are as follows:
• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with country-level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Insights into market drivers, challenges, and opportunities shaping the Weathering Steel market.
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Table of Contents
285 Pages
- Chapter 1. Global Weathering Steel Market Executive Summary
- 1.1. Global Weathering Steel Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.1.1. Corten-A
- 1.3.1.2. Corten-B
- 1.3.2. By Form
- 1.3.2.1. Sheets
- 1.3.2.2. Plates
- 1.3.2.3. Bar
- 1.3.3. By Availability
- 1.3.3.1. Painted
- 1.3.3.2. Unpainted
- 1.3.4. By End Use Industry
- 1.3.4.1. Building & Construction
- 1.3.4.2. Transportation
- 1.3.4.3. Art & Architecture
- 1.3.4.4. Industrial
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
- Chapter 2. Global Weathering Steel Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Weathering Steel Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Surge in Demand for Sustainable Construction Materials
- 3.1.2. Increasing Adoption in Transportation Infrastructure
- 3.1.3. Aesthetic Appeal in Art & Architecture
- 3.2. Market Challenges
- 3.2.1. High Initial Investment Costs
- 3.2.2. Technical Complexities in Manufacturing
- 3.3. Market Opportunities
- 3.3.1. Innovations in Manufacturing Techniques
- 3.3.2. Expansion in Emerging Markets
- 3.3.3. Growing Demand in Industrial Applications
- Chapter 4. Global Weathering Steel Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Weathering Steel Market Size & Forecasts by Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Weathering Steel Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Corten-A
- 5.2.2. Corten-B
- Chapter 6. Global Weathering Steel Market Size & Forecasts by Form 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Weathering Steel Market: Form Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Sheets
- 6.2.2. Plates
- 6.2.3. Bar
- Chapter 7. Global Weathering Steel Market Size & Forecasts by Availability 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Weathering Steel Market: Availability Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. Painted
- 7.2.2. Unpainted
- Chapter 8. Global Weathering Steel Market Size & Forecasts by End Use Industry 2022-2032
- 8.1. Segment Dashboard
- 8.2. Global Weathering Steel Market: End Use Industry Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 8.2.1. Building & Construction
- 8.2.2. Transportation
- 8.2.3. Art & Architecture
- 8.2.4. Industrial
- Chapter 9. Global Weathering Steel Market Size & Forecasts by Region 2022-2032
- 9.1. North America Weathering Steel Market
- 9.1.1. U.S. Weathering Steel Market
- 9.1.1.1. Type Breakdown Size & Forecasts, 2022-2032
- 9.1.1.2. Form Breakdown Size & Forecasts, 2022-2032
- 9.1.1.3. Availability Breakdown Size & Forecasts, 2022-2032
- 9.1.1.4. End Use Industry Breakdown Size & Forecasts, 2022-2032
- 9.1.2. Canada Weathering Steel Market
- 9.1.2.1. Type Breakdown Size & Forecasts, 2022-2032
- 9.1.2.2. Form Breakdown Size & Forecasts, 2022-2032
- 9.1.2.3. Availability Breakdown Size & Forecasts, 2022-2032
- 9.1.2.4. End Use Industry Breakdown Size & Forecasts, 2022-2032
- 9.2. Europe Weathering Steel Market
- 9.2.1. UK Weathering Steel Market
- 9.2.2. Germany Weathering Steel Market
- 9.2.3. France Weathering Steel Market
- 9.2.4. Spain Weathering Steel Market
- 9.2.5. Italy Weathering Steel Market
- 9.2.6. Rest of Europe Weathering Steel Market
- 9.3. Asia-Pacific Weathering Steel Market
- 9.3.1. China Weathering Steel Market
- 9.3.2. India Weathering Steel Market
- 9.3.3. Japan Weathering Steel Market
- 9.3.4. Australia Weathering Steel Market
- 9.3.5. South Korea Weathering Steel Market
- 9.3.6. Rest of Asia Pacific Weathering Steel Market
- 9.4. Latin America Weathering Steel Market
- 9.4.1. Brazil Weathering Steel Market
- 9.4.2. Mexico Weathering Steel Market
- 9.4.3. Rest of Latin America Weathering Steel Market
- 9.5. Middle East & Africa Weathering Steel Market
- 9.5.1. Saudi Arabia Weathering Steel Market
- 9.5.2. South Africa Weathering Steel Market
- 9.5.3. Rest of Middle East & Africa Weathering Steel Market
- Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. ArcelorMittal
- 10.1.2. Tata Steel Limited
- 10.1.3. Nippon Steel Corporation
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. ArcelorMittal
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Market Strategies
- 10.3.2. Tata Steel Limited
- 10.3.3. Nippon Steel Corporation
- 10.3.4. POSCO
- 10.3.5. JFE Steel Corporation
- 10.3.6. United States Steel Corporation
- 10.3.7. Bluescope Steel Limited
- 10.3.8. HBIS Group
- 10.3.9. Nucor Corporation
- 10.3.10. SSAB AB
- Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- List of Tables
- TABLE 1. Global Weathering Steel Market, Report Scope
- TABLE 2. Global Weathering Steel Market Estimates & Forecasts by Region 2022-2032 (USD Million/Billion)
- TABLE 3. Global Weathering Steel Market Estimates & Forecasts by Type 2022-2032 (USD Million/Billion)
- TABLE 4. Global Weathering Steel Market Estimates & Forecasts by Form 2022-2032 (USD Million/Billion)
- TABLE 5. Global Weathering Steel Market Estimates & Forecasts by Availability 2022-2032 (USD Million/Billion)
- TABLE 6. Global Weathering Steel Market Estimates & Forecasts by End Use Industry 2022-2032 (USD Million/Billion)
- TABLE 7. Global Weathering Steel Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 8. Global Weathering Steel Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 9. Global Weathering Steel Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 10. Global Weathering Steel Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 11. Global Weathering Steel Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 12. Global Weathering Steel Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 13. Global Weathering Steel Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 14. Global Weathering Steel Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 15. U.S. Weathering Steel Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 16. U.S. Weathering Steel Market Estimates & Forecasts by Type 2022-2032 (USD Million/Billion)
- TABLE 17. U.S. Weathering Steel Market Estimates & Forecasts by End Use Industry 2022-2032 (USD Million/Billion)
- TABLE 18. Canada Weathering Steel Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 19. Canada Weathering Steel Market Estimates & Forecasts by Type 2022-2032 (USD Million/Billion)
- TABLE 20. Canada Weathering Steel Market Estimates & Forecasts by End Use Industry 2022-2032 (USD Million/Billion)
- This list is not complete; the final report does contain more than 100 tables. The list may be updated in the final deliverable.
- List of Figures
- FIGURE 1. Global Weathering Steel Market, Research Methodology
- FIGURE 2. Global Weathering Steel Market, Market Estimation Techniques
- FIGURE 3. Global Market Size Estimates & Forecast Methods
- FIGURE 4. Global Weathering Steel Market, Key Trends 2023
- FIGURE 5. Global Weathering Steel Market, Growth Prospects 2022-2032
- FIGURE 6. Global Weathering Steel Market, Porter’s 5 Force Model
- FIGURE 7. Global Weathering Steel Market, PESTEL Analysis
- FIGURE 8. Global Weathering Steel Market, Value Chain Analysis
- FIGURE 9. Global Weathering Steel Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 10. Global Weathering Steel Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 11. Global Weathering Steel Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 12. Global Weathering Steel Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 13. Global Weathering Steel Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 14. Global Weathering Steel Market, Regional Snapshot 2022 & 2032
- FIGURE 15. North America Weathering Steel Market 2022 & 2032 (USD Million/Billion)
- FIGURE 16. Europe Weathering Steel Market 2022 & 2032 (USD Million/Billion)
- FIGURE 17. Asia Pacific Weathering Steel Market 2022 & 2032 (USD Million/Billion)
- FIGURE 18. Latin America Weathering Steel Market 2022 & 2032 (USD Million/Billion)
- FIGURE 19. Middle East & Africa Weathering Steel Market 2022 & 2032 (USD Million/Billion)
- FIGURE 20. Global Weathering Steel Market, Company Market Share Analysis (2023)
- This list is not complete; the final report does contain more than 50 figures. The list may be updated in the final deliverable.
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