Weathering Steel Market is segmented By Product (Plate, Sheet, Coil, Angles, Beams, Bars), By End Use (Construction, Automotive, Infrastructure, Energ....
Market Size in USD
CAGR4.6%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 4.6% |
Market Concentration | Medium |
Major Players | ArcelorMittal S.A., BlueScope Steel Ltd., Tata Steel, Nippon Steel Corporation, SSAB Corporation |
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.