Weathering Steel Market Provides an In-Depth Insight of Sales Analysis, Growth Forecast by 2024

The report "Weathering Steel Market by Type (Corten-A, Corten-B), Form (Sheets, Plates, Bars), Availability (Painted, Unpainted), End-use Industry (Building & Construction, Transportation, Art & Architecture, Industrial), Region - Global Forecast to 2024", is expected to grow from USD 1.0 billion in 2019 and is projected to reach USD 1.6 billion by 2024, at a CAGR of 8.8% from 2019 to 2024. Major drivers of the market include the increasing demand from various end-use industries, government initiatives, and public & private investments.

The Corten-B type is projected to lead the market during the forecast period

Based on type, the weathering steel market is segregated into Corten-A, Corten-B, and others. Among these, Corten-B is the most consumed type of weathering steel due to its properties such as high tensile strength and good wear resistibility as compared with Corten-A and other types. Moreover, Corten-B is available in various forms such as plates, sheets, and bars which diversify their application in various end-use industries. This factor is expected to drive the growth of the weathering steel market over the forecast period.
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