Global Weathering Steel Market is expected to reach $2.29 billion by 2027 growing a CAGR 10.8% during 2018 to 2027.

Wed Jan 8, 2020 - 9:00am GMT+0000

Some of the key players profiled in the Weathering Steel Market include ArcelorMittal, United States Steel Corporation, Nippon Steel & Sumitomo Metal Corporation, Tata Steel, Posco, SSAB AB, JFE Steel Corporation, HBIS Group, A. Zahner Company, and Metal Sales Manufacturing Corporation.

Gaithersburg, Maryland, United States – January 8, 2020 /MarketersMedia/

High growth in the infrastructure segment and long shelf life with low maintenance cost are the major factors driving the market growth. However, inferior performance in damp conditions and easy availability of cheaper substitutes are restraining market growth.

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Weathering steel, often referred to by the genericized trademark COR-TEN steel and sometimes written without the hyphen as corten steel, is a group of steel alloys which were developed to eliminate the need for painting, and form a stable rust-like appearance after several years’ exposure to weather.

Based on the end-user, the building & construction segment is likely to have a huge demand owing to specific application areas, increasing investments, and undertaking of infrastructure growth in emerging nations such as China, and India.

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By geography, North America is going to have a lucrative growth during the forecast period owing to the high demand of steel from the U.S., Canada, and Mexico and high demand from end-use industries of medical, aerospace & defence, electronics, automotive, and others.

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Types Covered:
• Corten-B (ASTM A 588)
• Corten-A (ASTM A 242)
• Other Types

Availabilities Covered:
• Painted
• Unpainted

Forms Covered:
• Plates
• Bars
• Sheets
• Other Forms

End Users Covered:
• Art & Architecture
• Railway
• Transportation
• Building & Construction
• Industrial
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
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– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-weathering-steel-market-is-expected-to-reach-229-billion-by-2027-growing-a-cagr-108-during-2018-to-2027/88941886

Source: MarketersMedia

Release ID: 88941886

This news is published on Reuters.