Weathering Steel Market Report 2025 (Global Edition)

Global Weathering Steel Market Report 2025 Market Size Split by Type (Corten-A, Corten-B), by Product (Sheets, Plates, Bars), by End User (Construction, Industrial, Others), by Conclusion

Weathering Steel Market Report Description

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Weathering Steel Market Insights Video

Competitive Landscape of the Weathering Steel Market

The competitive landscape of the Weathering Steel market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established weathering steel manufacturers, specialized Weathering Steel companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

April 2024: SSAB, a Swedish steel producer, launched SSAB Zero, a fossil carbon emission-free steel made from recycled steel using fossil-free energy. It is the first commercial steel of its kind and will be available in Q2 2023, further strengthening SSAB's portfolio of zero-emission steel offerings. Volvo Group has already signed a delivery agreement for SSAB Zero at launch. (Source: https://www.ssab.com/en/news/2023/03/ssab-launches-new-zeroemission-steel--ssab-zero ) January 2023: ArcelorMittal invested $120 million in Boston Metal, a US-based company that uses renewable electricity to convert iron ore into "green steel". This investment is part of ArcelorMittal's efforts to decarbonize steel production and reduce the industry's significant carbon footprint, which accounts for about 8% of global greenhouse gas emissions. (Source: https://www.indiatoday.in/science/story/arcelormittal-invests-120-million-in-us-company-to-make-green-steel-2328146-2023-01-30)

Top Companies Market Share in Weathering Steel Industry: (In no particular order of Rank)

• ArcelorMittal (Germany)
• SSAB AB (Sweden)
• Tata Steel (India)
• Nippon Steel Corporation (Japan)
• United States Steel Corporation (US)
• BlueScope Steel Limited (Australia)
• Corus Group (Tata Steel Europe) (UK)
• ThyssenKrupp AG (Germany)
• A. Zanher Company (US)
• JFE Steel Corp (US)
• Posco (South Korea)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Weathering Steel Market

Which Region Dominates the Weathering Steel Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40.0% of the global revenue because of the robust R&D investment, technological advancements, and increasing adoption of weathering steel in construction and industrial applications productions.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Weathering Steel market due to several compelling reasons. ?The Weathering Steel marketplace in the Asia Pacific is developing owing to the rapid urbanization, industrialization, and infrastructure development in countries like China and India..

 

The current report Scope analyzes Weathering Steel Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Weathering Steel

According to Cognitive Market Research, the global Weathering Steel market size was estimated at USD 1458.2 Million, out of which North America held the major market of more than 40.0% of the global revenue with a market size of USD 583.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Weathering Steel market with a market size of USD 460.21 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. The demand is amplified by the presence of major market players, and the expansion of manufacturing facilities for the production of corrosion-free resistance in the US that boost the sales of Weathering Steel.
• The Canada Weathering Steel market had a market share of USD 69.99 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Canada's robust consumer demand in various industries increased the market of Weathering Steel.
• The Mexico Weathering Steel market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 53.08 million in 2024.

Europe Weathering Steel

According to Cognitive Market Research, the global Weathering Steel market size was estimated at USD 1458.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 2685.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5%from 2024 to 2031.

• The United Kingdom Weathering Steel market had a market share of USD 73.49 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. In the UK, Weathering Steel sales witness an upswing due to the nation's strong automotive and construction industry.
• The France Weathering Steel market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 40.25 million in 2024.
• According to Cognitive Market Research, the German Weathering Steel market size was valued at USD 86.62 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. In Germany, weathering steel sales surged due to the increasing adoption of weathering steel in architectural and art applications.
• The Italy Weathering Steel market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 37.62 million in 2024.
• The Russia Weathering Steel market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 67.81 million in 2024.
• The Spain Weathering Steel market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 35.87 million in 2024
• The Luxembourg Weathering Steel market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 13.56 million in 2024.
• The Portugal Weathering Steel market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 9.19 million in 2024.
• The Greece Weathering Steel market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 5.25 million in 2024.
• The Rest of Europe's Weathering Steel market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 67.81 million in 2024.

Asia Pacific Weathering Steel

According to Cognitive Market Research, the global Weathering Steel market size was estimated at USD 1458.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 335.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Weathering Steel market size was valued at USD 150.92 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. Weathering Steel sales surged in China due to the upgrading of aging infrastructure and the development of new construction projects.
• The Japan Weathering Steel market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 46.28 million in 2024.
• The India Weathering Steel market had a market share of USD 40.25 million in 2024 and is projected to grow at a CAGR of 11.8% during the forecast period. India's robust consumer demand for the construction industry and increasing expansion of manufacturing production are drive India's share of the market.
• The South Korean Weathering Steel market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 33.54 million in 2024.
• The Australian Weathering Steel market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 17.44 million in 2024.
• The South East Asia Weathering Steel market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD 23.14 million in 2024.
• The Rest of Asia Pacific Weathering Steel market is projected to witness growth at a CAGR of 9.8% during the forecast period, with a market size of USD 23.81 million in 2024.

South America Weathering Steel

According to Cognitive Market Research, the global Weathering Steel market size was estimated at USD 1458.2 Million out of which the Latin America market of more than 5% of the global revenue with a market size of USD 72.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Weathering Steel market size was valued at USD 31.21 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. Weathering Steel sales flourish in Brazil due to the increasing environmental concerns and the benefits of weathering steel.
• Argentina's Weathering Steel market had a market share of USD 12.25 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. The ongoing infrastructure development projects Increase sales.
• Colombia's Weathering Steel market is projected to witness growth at a CAGR of 7.2% during the forecast period with a market size of USD 6.49 million in 2024.
• Peru's Weathering Steel market is projected to witness growth at a CAGR of 7.6% during the forecast period with a market size of USD 5.98 million in 2024.
• Chile's Weathering Steel market is projected to witness growth at a CAGR of 7.7% during the forecast period with a market size of USD 5.25 million in 2024.
• The Rest of Latin America's Weathering Steel market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 11.74 million in 2024.

Middle East Weathering Steel

According to Cognitive Market Research, the global Weathering Steel market size was estimated at USD 1458.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 29.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.

• The GCC Countries' Weathering Steel market is projected to witness growth at a CAGR of 8.5% during the forecast period with a market size of USD 12.48 million in 2024. Weathering Steel sales flourish due to the stringent environmental regulations across the GCC countries increasing the demand for weathering steel options.
• The Egypt Weathering Steel market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 3.06 million in 2024.
• The South African Weathering Steel market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 4.61 million in 2024. Weathering Steel sales flourish in South Africa due to the availability of raw materials and low manufacturing costs .
• The Turkey Weathering Steel market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 2.51 million in 2024.
• The Nigeria Weathering Steel market is projected to witness growth at a CAGR of 6.8 % during the forecast period, with a market size of USD 3.06 million in 2024.
• The Rest of the MEA Weathering Steel market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 3.44 million in 2024.

Weathering Steel Market Analysis

Weathering Steel Market Type Segment Analysis

According to Cognitive Market Research Corten-A stands out as the dominating category. Corten-A segment dominating in the weathering steel market primarily due to its widespread use in the construction industry. Corten-A is known for its exceptional aesthetic appeal, and it is a protective patina that changes color over time this quality makes it a popular choice for creating facades, bridges, sculptures, and other design-focused projects. Artists and designers favor Corten-A for its ability to blend with the natural environment and urban landscape and provide long-term durability with minimal maintenance drive the segments share.

Corten-B emerges as the fastest-growing category in the Weathering Steel market. This technique is mainly used in applications where high strength and high atmospheric corrosion resistance are important. Corten-B's strong properties make it ideal for heavy-duty applications such as bridges, storage tanks, and structural components in buildings. As global infrastructure development accelerates, especially in emerging economies, demand for easy-to-maintain durable materials such as Corten-B increases. These factors contribute to the rapid and expanding market growth of Corten B in the weathering steel segment.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Weathering Steel Industry. Request a Free Sample PDF!

Weathering Steel Market Product Segment Analysis

According to Cognitive Market Research, the dominating category is Sheets. This dominance comes from its widespread use in architectural design, where its aesthetic and protective qualities are important. Weathering steel fabrics are often used for cladding, roofs, and facades to make them stronger, more durable, visually appealing, and rusty looking. Furthermore, the versatility of the weathering steel allows them to be used in a wide range of industries from residential to supermarkets, contributing greatly to the market size.

The fastest-growing category in the Weathering Steel market is Plates. This growth is driven by increasing demand for heavy-duty building materials in the heavy-duty structural components and industrial sectors. Weathering steel plates are in high demand due to their strength and durability, making them ideal for use in bridges, structural frames, and large industrial applications. As the global infrastructure for applications expands, especially in emerging economies, increasing emphasis on long-term manufacturing solutions is further increasing the demand for plates, contributing to their rapid market growth.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Weathering Steel End User Segment Analysis

End-user Segment Analysis

According to Cognitive Market Research, the dominating category is an Construction. This is due to the extensive use of weathered steel in facades, bridges, and other architectural features owing to steel's unique properties, such as its ability to form a protective rust-like patina. Moreover, governments in emerging countries are more investing in infrastructure development, and other construction activities further driving the demand for high-quality corrosion resistance weather steel market.

The fastest-growing category in the Weathering Steel market is the Industrial. This growth is driven by low-maintenance materials in heavy industrial infrastructure, such as manufacturing plants, tanks, and structural components in factories. The growing investment in industrialization in developing countries' increasing importance of materials that offer long-term performance and regulatory requirements drive the need for this segment. Furthermore, increasing demand for excellent strength and weather-resistant steel makes it ideal for this application, contributing to the rapid growth of the industrial segment.

• Construction
• Industrial
• Others

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion