Steel rebars are used as tensile devices in reinforced concrete to provide strength and hold the concrete in tension. Besides the high-tensile strength, rebars also absorb energy, adapt to extreme weather conditions, and hold stress during natural calamities which make them indispensable in the construction industry.
The rebar with major diameters between 8mm and 25mm finds application in Infrastructure (road, bridges, and highways), Housing, and Industrial (Gas and Oil industrial etc). The infrastructure segment is estimated to have accounted for a major share of the steel rebar market in 2016, followed by the housing, and industrial segments. The use of steel rebar increases the tensile strength of surrounding concrete structures in highways, bridges, and pillar structures. Increasing project counts of highway, bridges, and structural engineering are fueling the growth of the steel rebar market in the infrastructure segment.
Modernization and maintenance of infrastructure projects has led to the increasing demand for steel rebar. Increasing infrastructure projects across the globe, especially in the Asia-Pacific is another major factor, driving the growth of the steel rebar market during the forecast period.
With increased focus on urbanization, the rebar market is likely to witness a strong growth in coming years.
According to this study, over the next five years the Steel Rebars market will register a 7.2% CAGR in terms of revenue, the global market size will reach US$ 150700 million by 2024, from US$ 106600 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Steel Rebars business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Steel Rebars market by product type, application, key manufacturers and key regions and countries.
This study considers the Steel Rebars value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Deformed Steel
Mild Steel
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Infrastructure
Housing
Industrial
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ArcelorMittal
Hebei Iron and Steel
Baowu Group
Jiangsu Shagang
Sabic Hadeed
EVRAZ
Nucor
Riva Group
Emirates Steel
SteelAsia
Qatar Steel
Mechel
Jianlong Iron and Steel
Tata Steel
NLMK Group
Celsa Steel
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Steel Rebars consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Steel Rebars market by identifying its various subsegments.
Focuses on the key global Steel Rebars manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Steel Rebars with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Steel Rebars submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Steel Rebars . Industry analysis & Market Report on Steel Rebars is a syndicated market report, published as Global Steel Rebars Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Steel Rebars market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.