Steel Rebars, valued at US$ 134.94 billion in 2023, are projected to reach US$ 223.42 billion by 2030, with a 7.5% CAGR attributed to rising demand in downstream sectors.
According to Publisher’s latest study, the global Steel Rebars market size was valued at US$ 134940 million in 2023. With the growing demand in the downstream market, the Steel Rebars are forecast to a readjusted size of US$ 223420 million by 2030 with a CAGR of 7.5% during the review period.
The research report highlights the growth potential of the global Steel Rebars market. Steel Rebars are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Steel Rebars. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Steel Rebars market.
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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 industry's leading producers are ArcelorMittal, Hebei Iron and Steel and Abou Group, which together account for 10.97% of revenues. By region, India's regional income accounted for a relatively high 12.47 per cent in 2017.
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Manmayi Raval
Research Consultant
The report on the Steel Rebars market reflects various aspects and provides valuable insights into the industry.
Market Size and Growth: The research report provides an overview of the current size and growth of the Steel Rebars market. It may include historical data, market segmentation by Type (e.g., Deformed Steel, Mild Steel), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Steel Rebars market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. The demand for steel rebar is rising due to rapid urbanization and infrastructure development, particularly in developing nations like China and India. One of the main causes of the rise in demand for steel rebar is population growth. The population movement from rural to urban areas has accelerated this market's expansion, particularly in Asia Pacific. In emerging economies, there are prospects for development and economic advancement due to rapid urbanization. One major reason driving the growth of the steel rebar business is public support for residential construction. The government provides financial subsidies to low-income households to encourage the use of high-strength rebar in buildings.
It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs. Even though world has growth rates for steel production have slowed since 2008, China still produces more steel annually. As a result, China currently produces about half of the steel used globally. Steel prices plummet because of China's excessive production of steel. It is more challenging for steel companies to create good profit margins due to high rates of overproduction and volatile raw material costs. Several regulations have been implemented, the steel sector has started to restructure, and several countries have recently imposed high import levies on steel to solve the issue of surplus capacity.
Due to the high initial investment costs of building projects and the potential for catastrophic financial losses due to unforeseen events, construction enterprises are particularly vulnerable to crises. The building business may encounter problems such as the pandemic, recession, and political unrest. Since roads and bridges, commercial and industrial construction, and public buildings are the main uses for steel rebar, the demand for it is influenced by the volume of construction activity. Financial crises, mass unemployment, and consumer spending power were all reduced as a result of the economic slump. This phase sees a halt to new building projects and infrastructure development, which lowers the demand for steel rebar.
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Competitive Landscape: The research report provides an analysis of the competitive landscape within the Steel Rebars market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Steel Rebars industry. This includes advancements in Steel Rebars technology, Steel Rebars new entrants, Steel Rebars new investment, and other innovations that are shaping the future of Steel Rebars.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Steel Rebars market. It includes factors influencing customers' purchasing decisions, and preferences for Steel Rebars products.
Government Policies and Incentives: The research report analyses the impact of government policies and incentives on the Steel Rebars market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting the Steel Rebars market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assesses the environmental impact and sustainability aspects of the Steel Rebars market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provides market forecasts and outlook for the Steel Rebars industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report concludes with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Steel Rebars market.
Recent development- In February 2022, Nucor Corporation declared that it had successfully obtained a majority stake in California Steel Industries, Inc. (CSI). This development turned CSI into a joint venture, with Nucor owning 51% of the company and JFE Steel owning the remaining 49%. CSI is a converter of flat-rolled steel with an annual capacity of over two million tons of finished steel and steel products. Source: the steel rebar market at
Market Segmentation:
Steel Rebars market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
1. Segmentation by type
• Deformed Steel
• Mild Steel
2. Segmentation by application
• Infrastructure
• Housing
• Industrial
This report also splits the market by region: The steel rebar market is divided into four regions globally: America, Europe, Asia Pacific, and the Middle East and Africa. The Asia Pacific area is expected to maintain its position as the region with the greatest level of consumption throughout the projection period due to China's requirement for steel rebar. The building industry in China has continued to grow despite the slowdown in the industrial sector.
The Asia Pacific area is expected to maintain its position as the region with the greatest level of consumption throughout the projection period due to China's requirement for steel rebar. The building industry in China has continued to grow despite the slowdown in the industrial sector.
The predicted outcome of the policy revisions is a considerable increase in demand for steel and related products due to China's real estate sector. For instance, it is projected that China's demand for steel products will be further stimulated by recently enacted construction requirements and the easing of control measures in tier 2 and tier 4 cities. This is because both cities are regarded as having the second and fourth-highest populations in the nation, respectively.
As the main nations in the region, the United States and Canada, concentrate on rebuilding their infrastructure, it is projected that the American region will show steady growth over the projected timeframe. Lack of investment is causing the infrastructure sector in the United States to struggle.
3. Americas
• United States
• Canada
• Mexico
• Brazil
4. APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
5. Europe
• Germany
• France
• UK
• Italy
• Russia
6. Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
• 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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Steel Rebars market?
What factors are driving Steel Rebars market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Steel Rebars market opportunities vary by end market size?
How does Steel Rebars break out type, application?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Steel Rebars Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Steel Rebars by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Steel Rebars by Country/Region, 2019, 2023 & 2030
2.2 Steel Rebars Segment by Type
2.2.1 Deformed Steel
2.2.2 Mild Steel
2.3 Steel Rebars Sales by Type
2.3.1 Global Steel Rebars Sales Market Share by Type (2019-2024)
2.3.2 Global Steel Rebars Revenue and Market Share by Type (2019-2024)
2.3.3 Global Steel Rebars Sale Price by Type (2019-2024)
2.4 Steel Rebars Segment by Application
2.4.1 Infrastructure
2.4.2 Housing
2.4.3 Industrial
2.5 Steel Rebars Sales by Application
2.5.1 Global Steel Rebars Sale Market Share by Application (2019-2024)
2.5.2 Global Steel Rebars Revenue and Market Share by Application (2019-2024)
2.5.3 Global Steel Rebars Sale Price by Application (2019-2024)
3 Global Steel Rebars by Company
3.1 Global Steel Rebars Breakdown Data by Company
3.1.1 Global Steel Rebars Annual Sales by Company (2019-2024)
3.1.2 Global Steel Rebars Sales Market Share by Company (2019-2024)
3.2 Global Steel Rebars Annual Revenue by Company (2019-2024)
3.2.1 Global Steel Rebars Revenue by Company (2019-2024)
3.2.2 Global Steel Rebars Revenue Market Share by Company (2019-2024)
3.3 Global Steel Rebars Sale Price by Company
3.4 Key Manufacturers Steel Rebars Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Steel Rebars Product Location Distribution
3.4.2 Players Steel Rebars Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Steel Rebars by Geographic Region
4.1 World Historic Steel Rebars Market Size by Geographic Region (2019-2024)
4.1.1 Global Steel Rebars Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Steel Rebars Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Steel Rebars Market Size by Country/Region (2019-2024)
4.2.1 Global Steel Rebars Annual Sales by Country/Region (2019-2024)
4.2.2 Global Steel Rebars Annual Revenue by Country/Region (2019-2024)
4.3 Americas Steel Rebars Sales Growth
4.4 APAC Steel Rebars Sales Growth
4.5 Europe Steel Rebars Sales Growth
4.6 Middle East & Africa Steel Rebars Sales Growth
5 Americas
5.1 Americas Steel Rebars Sales by Country
5.1.1 Americas Steel Rebars Sales by Country (2019-2024)
5.1.2 Americas Steel Rebars Revenue by Country (2019-2024)
5.2 Americas Steel Rebars Sales by Type
5.3 Americas Steel Rebars Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Steel Rebars Sales by Region
6.1.1 APAC Steel Rebars Sales by Region (2019-2024)
6.1.2 APAC Steel Rebars Revenue by Region (2019-2024)
6.2 APAC Steel Rebars Sales by Type
6.3 APAC Steel Rebars Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Steel Rebars by Country
7.1.1 Europe Steel Rebars Sales by Country (2019-2024)
7.1.2 Europe Steel Rebars Revenue by Country (2019-2024)
7.2 Europe Steel Rebars Sales by Type
7.3 Europe Steel Rebars Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Steel Rebars by Country
8.1.1 Middle East & Africa Steel Rebars Sales by Country (2019-2024)
8.1.2 Middle East & Africa Steel Rebars Revenue by Country (2019-2024)
8.2 Middle East & Africa Steel Rebars Sales by Type
8.3 Middle East & Africa Steel Rebars Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Steel Rebars
10.3 Manufacturing Process Analysis of Steel Rebars
10.4 Industry Chain Structure of Steel Rebars
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Steel Rebars Distributors
11.3 Steel Rebars Customer
12 World Forecast Review for Steel Rebars by Geographic Region
12.1 Global Steel Rebars Market Size Forecast by Region
12.1.1 Global Steel Rebars Forecast by Region (2025-2030)
12.1.2 Global Steel Rebars Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Steel Rebars Forecast by Type
12.7 Global Steel Rebars Forecast by Application
13 Key Players Analysis
13.1 ArcelorMittal
13.1.1 ArcelorMittal Company Information
13.1.2 ArcelorMittal Steel Rebars Product Portfolios and Specifications
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