Weathering steel, also known as Corten steel, is a group of steel alloys that were developed to eliminate the need for painting, and form a stable rust-like appearance if exposed to the weather for several years. The chemical composition causes this protective rust-like appearance to form a patina that protects the steel underneath. Weathering Steel Market has higher corrosion resistance than carbon steel and can eliminate or minimize surface preparation and coating costs. It is used in applications that need to withstand harsh environments such as heavy equipment, cargo containers, railroad bridges and foundations due to its self-protecting atmosphere-resisting corrosion properties.
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.
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