Weathering Steel Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Weathering Steel Market is segmented By Product (Plate, Sheet, Coil, Angles, Beams, Bars), By End Use (Construction, Automotive, Infrastructure, Energ....

Weathering Steel Market Size

Market Size in USD

CAGR4.6%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR4.6%
Market ConcentrationMedium
Major PlayersArcelorMittal S.A., BlueScope Steel Ltd., Tata Steel, Nippon Steel Corporation, SSAB Corporation
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Weathering Steel Market Analysis

The weathering steel market is estimated to be valued at USD 2.76 Bn in 2024 and is expected to reach USD 3.78 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031. The weathering steel market is expected to witness positive trends over the next few years. Increasing investments in infrastructure development and growing prominence of sustainable construction materials will boost adoption of weathering steel.