Global Corten Steel Market Size, Share and Industry Analysis by Regions, Countries, Types, and Applications, Forecast to 2028

SKU ID : Maia- 24014981

Publishing Date : 13-Jun-2023

No. of pages : 99

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  • The global Corten Steel market size was valued at USD 1660.82 Million in 2022 and will reach USD 1954.41 Million in 2028, with a CAGR of 2.75% during 2022-2028.

    Corten Steel, that is, atmospheric corrosion-resistant steel, is a low-alloy steel series between ordinary steel and stainless steel. Corten Steel is made of ordinary carbon steel with a small amount of corrosion-resistant elements such as copper and nickel. It has the toughness and plasticity of high-quality steel. Extension, forming, welding and cutting, abrasion, high temperature, fatigue resistance and other properties; weather resistance is 2~8 times that of ordinary carbon steel, and paintability is 1.5~10 times that of ordinary carbon steel. At the same time, it has the characteristics of rust resistance, corrosion resistance and life extension of components, thinning and consumption reduction, labor saving and energy saving.

    Corten Steel is widely used
    Corten Steel can be used for steel structures exposed to the atmosphere for a long time such as oceans, bridges, railways, buildings, vehicles, towers, etc., and can also be used to manufacture structural parts such as containers, railway vehicles, oil derricks, seaport buildings, and oil production platforms. It has the characteristics of high-quality steel such as toughness, plastic extension, forming, welding and cutting, abrasion, high temperature, fatigue, etc.; the weather resistance is 2-8 times that of ordinary carbon steel, and the paintability is 1.5-10 times that of ordinary carbon steel. Thin use, bare use or simplified painted use. This type of steel has the characteristics of rust resistance, anti-corrosion and prolonging the life of components, reducing thickness and reducing consumption, saving labor and energy, and benefiting component manufacturers and users.

    Region Overview:
    In global comparison, a significant portion of the revenue was generated in Europe 32.26% in 2021).

    Company Overview:
    Nippon Steel and Sumitomo Metal is a Japanese steel producer, founded in 2012 from merger of Nippon Steel Corporation and Sumitomo Metal Industries Limited. Its main shareholder is Japan Trustee Services Bank Ltd.

    Segmentation Overview:
    By type, ASTM A242 segment accounted for the largest share of market in 2021.

    Application Overview:
    By application, the Building segment occupied the biggest share from 2017 to 2022.

    The Corten Steel market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.

    Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.

    In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.

    Key Companies in the global Corten Steel market covered in Chapter 4:
    Shagang Group
    Tata Steel
    Wuhan Iron and Steel
    BlueScope
    Nippon Steel Sumitomo Metal
    Nucor Steel
    Ansteel
    ArcelorMittal
    Shandong Iron & Steel Group
    ThyssenKrupp
    Ma Steel
    TISCO

    In Chapter 12 and Chapter 14.1, on the basis of types, the Corten Steel market from 2018 to 2028 is primarily split into:
    ASTM A242
    ASTM A588
    Others

    In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Corten Steel market from 2018 to 2028 covers:
    Marine
    Bridge
    Railway
    Building
    Others

    Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
    North America (United States, Canada, Mexico)
    Europe (Germany, United Kingdom, France, Italy, Spain)
    Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
    South America (Brazil, Argentina)
    Middle East & Africa (Saudi Arabia, UAE, South Africa)

    Outline:
    Chapter 1 begins with the Corten Steel market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Corten Steel market and its likely evolution in the short to mid-term and long term.

    Chapter 2 provides Corten Steel industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.

    Chapter 3 depicts Corten Steel industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.

    Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Corten Steel market ranking, benchmarks, and company business portfolio.

    Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.

    Chapters 6-10 highlight Corten Steel market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.

    Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.

    Chapters 12-13 evaluate the Corten Steel market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.

    Chapters 14-15 elaborate on the Corten Steel market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.

    Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

    Years considered for this report:


    Historical Years:

    2018-2022

    Base Year:

    2022

    Estimated Year:

    2023

    Forecast Period:

    2023-2028

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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