Market Overview:
The global corten a steel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for corten a steel from transportation, industrial, and electrical applications. In terms of type, the market is segmented into sheets, plates, and bars. The sheets segment is expected to hold the largest share of the global corten a steel market in 2018 owing to its high demand from transportation and industrial applications. In terms of region, North America is expected to lead the global corten a steel market in 2018 followed by Europe and Asia Pacific.
Product Definition:
Corten A Steel is a weather resistant steel which is better suited for harsh environments. The steel contains a higher percentage of copper and chromium than other steels, making it more resistant to rust and corrosion.
Sheets:
Sheets are thin pieces of metal that have been bent into a specific shape. The sheets are used in the production of Corten A steel, which is widely utilized in the construction industry owing to its high strength properties. It has a yield strength of more than 300 Mpa and ultimate tensile strength exceeding 6800 Mpa, which makes it one of the strongest alloys available commercially.
The global sheets market size was valued at USD 1.8 billion in 2015.
Plates:
Plates are used in the manufacturing of Corten A steel. Corten A is a form of carbonitride, which contains iron and carbon in an approximately 1:1 ratio. The plates are made from high strength steel and have a thickness between 0.6-1mm depending upon the grade required by the manufacturer.
Application Insights:
The transportation application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. The product is widely used in the automotive industry for manufacturing body panels, namely doors, hoods, roofs andbonnets owing to its superior mechanical properties. It also has a high resistanceto corrosion when compared with other materials such as mild steel and aluminum.
The industrial applications include chemical processing industries that use corten A for making specialty chemicals used in paints & coatings as well as adhesives & sealants. Other major end-use industries include energy where it is utilizedin turbines along with other products such as boiler components made from conventional iron or steel alloys. The electrical industry usesthe product extensively for manufacturing power transformers due to its excellent characteristics of strengthand weight ratio which ensure durability of products during long-term usage without undergoing any structural changes or modifications over time.
Regional Analysis:
Asia Pacific dominated the global corten a steel market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for just below 50% of the total volume share in 2016, which can be attributed to growing automotive production mainly in China and India. In addition, rapid industrialization coupled with infrastructure development is likely to drive product demand over the next eight years.
The European market was valued at USD X million in 2016 and is projected to grow at an estimated CAGR of XX% from 2017 to 2030 owing herringbone pattern adoption across various applications including transportation (trams), industrial (heating equipment) & electrical (power transformers).
Growth Factors:
- Increasing demand from construction and infrastructure sectors
- Rising demand for Corten A Steel in automotive sector
- Growing use of Corten A Steel in manufacturing industries
- Rising popularity of corten steel as a decorative material
- Technological advancements that improve the performance of corten steel
Scope Of The Report
Report Attributes
Report Details
Report Title
Corten A Steel Market Research Report
By Type
Sheets, Plates, Bars
By Application
Transportation, Industrial, Electrical
By Companies
Arcelor Mittal, United States Steel Corporation, Nippon Steel and Sumitomo Metal Corporation, Tata Steel, Posco, SSAB AB, JFE Steel Corporation, Bluescope Steel Limited, HBIS Group, A. Zahner Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Corten A Steel Market Report Segments:
The global Corten A Steel market is segmented on the basis of:
Types
Sheets, Plates, Bars
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation, Industrial, Electrical
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arcelor Mittal
- United States Steel Corporation
- Nippon Steel and Sumitomo Metal Corporation
- Tata Steel
- Posco
- SSAB AB
- JFE Steel Corporation
- Bluescope Steel Limited
- HBIS Group
- A. Zahner Company
Highlights of The Corten A Steel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sheets
- Plates
- Bars
- By Application:
- Transportation
- Industrial
- Electrical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Corten A Steel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Corten A steel is a type of steel that is made from recycled materials. Corten A steel has a higher strength and durability than other types of steel, making it ideal for use in buildings and other structures.
Some of the key players operating in the corten a steel market are Arcelor Mittal, United States Steel Corporation, Nippon Steel and Sumitomo Metal Corporation, Tata Steel, Posco, SSAB AB, JFE Steel Corporation, Bluescope Steel Limited, HBIS Group, A. Zahner Company.
The corten a steel market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Corten A Steel Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Corten A Steel Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Corten A Steel Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Corten A Steel Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Corten A Steel Market Size & Forecast, 2020-2028 4.5.1 Corten A Steel Market Size and Y-o-Y Growth 4.5.2 Corten A Steel Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Sheets
5.2.2 Plates
5.2.3 Bars
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Industrial
6.2.3 Electrical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Corten A Steel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Corten A Steel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Sheets
9.6.2 Plates
9.6.3 Bars
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Industrial
9.10.3 Electrical
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Sheets
10.6.2 Plates
10.6.3 Bars
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Industrial
10.10.3 Electrical
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Sheets
11.6.2 Plates
11.6.3 Bars
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Industrial
11.10.3 Electrical
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Sheets
12.6.2 Plates
12.6.3 Bars
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Industrial
12.10.3 Electrical
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Sheets
13.6.2 Plates
13.6.3 Bars
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Industrial
13.10.3 Electrical
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Corten A Steel Market: Competitive Dashboard
14.2 Global Corten A Steel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arcelor Mittal
14.3.2 United States Steel Corporation
14.3.3 Nippon Steel and Sumitomo Metal Corporation
14.3.4 Tata Steel
14.3.5 Posco
14.3.6 SSAB AB
14.3.7 JFE Steel Corporation
14.3.8 Bluescope Steel Limited
14.3.9 HBIS Group
14.3.10 A. Zahner Company