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Waste Recycling Services Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Weathering Steel Market Size, Growth Rate, And Forecast
The global weathering steel market size grew from $1.19 billion in 2022 to $1.31 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The weathering steel market size is expected to grow to $1.92 billion in 2027 at a CAGR of 10.1%.
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Weathering Steel Market Drivers
The rapidly growing construction and transportation industries are contributing to the growth of the weathered steel market. Weathering steel is being used in several architectural and sculpture applications owing to its key material features like improved corrosion resistance, longer shelf life, good aesthetic appeal, high strength, and low maintenance.
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Weathering Steel Market Segments
• By Type: Corten-A, Corten-B, Other Types
• By Form: Plates, Sheets, Bars, Other Forms
• By Availability: Painted, Unpainted
• By End Use: Building and Construction, Transportation, Art and Architecture, Industrial, Other End Use
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the weathering steel market.
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Weathering Steel Market Key Players
Major competitors in the weathering steel market include Arcelor Mittal, United States Steel Corporation, Nippon Steel & Sumitomo Metal Corporation, Tata Steel Ltd., Posco, SSAB AB, JFE Steel Corporation, Bluescope Steel Limited.
The Business Research Company's "Global Weathering Steel Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Weathering Steel Market Include:
1. Executive Summary
2. Weathering Steel Market Characteristics
3. Weathering Steel Market Trends And Strategies
4. Weathering Steel Market - Macro Economic Scenario
5. Weathering Steel Market Size And Growth
……
26. Africa Weathering Steel Market
27. Weathering Steel Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Weathering Steel Market
29. Weathering Steel Market Future Outlook and Potential Analysis
30. Appendix
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