Global Steel Rebar Market Overview
According to SPER Market Research, the Global Steel Rebar Market is estimated to reach USD 353.68 billion by 2032 with a CAGR of 4.65%.
The global steel rebar market is a vital part of the construction and infrastructure industry. Steel rebar is used as a reinforcement material in concrete structures and is an essential component in building bridges, roads, and other critical infrastructure projects. The demand for steel rebar is closely tied to the growth of the construction and infrastructure industries and is influenced by factors such as population growth, urbanization, and economic development.
The market for steel rebar is highly competitive, with a mix of large multinational corporations and regional players vying for market share. The top producers of steel rebar are located in Asia, with China being the largest producer and consumer of steel rebar globally. The steel rebar market is also influenced by government regulations, including those related to environmental protection, trade, and safety.
In recent years, the steel rebar market has been growing at a steady pace, driven by increasing demand from the construction and infrastructure sectors, particularly in developing countries. Advances in production technologies and processes have also made it possible to produce high-quality steel rebar at lower costs, making it a popular choice for construction projects. Despite this growth, challenges such as raw material price volatility, competition from alternative materials, and trade barriers have hindered the growth of the steel rebar market in some regions. Nevertheless, the long-term outlook for the global steel rebar market remains positive, with continued growth expected in the coming years.
Impact of COVID-19 on the Global Steel Rebar Market
The COVID-19 pandemic has had a significant impact on the global steel rebar market. The pandemic has caused widespread economic disruption and reduced construction activity, leading to a decline in demand for steel rebar. The pandemic has also disrupted supply chains and created challenges for steel rebar producers in terms of securing raw materials and maintaining production levels.
However, despite these challenges, the long-term outlook for the global steel rebar market remains positive. As the world begins to recover from the pandemic and economic activity resumes, demand for steel rebar is expected to pick up, driven by the continued growth of the construction and infrastructure industries. The government has taken steps to support the sector, such as increasing investment in infrastructure projects and launching new initiatives to promote economic growth. Additionally, the pandemic has accelerated the adoption of digital technologies in construction, creating new opportunities for steel rebar producers to improve their operations and better meet the needs of their customers.
In conclusion, while the COVID-19 pandemic has had a significant impact on the global steel rebar market, the sector is expected to recover and continue to grow in the coming years.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Process, By End-User
|
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
|
| Companies Covered | ArcelorMittal, CMC, HBIS Group, JSW, Nippon Steel Corporation,NLMK, Nucor, POSCO, SAIL, Shagang Group Inc., Tata Steel
|
Global Steel Rebar Market Segmentation:
1. By Type:
2. By Process:
- Basic Oxygen Steelmaking
- Electric ARC Furnace
3. By End-Use:
- Infrastructure
- Residential Construction
- Commercial Construction
4. By Region
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Steel Rebar Market (FY’2019-FY’2032)
- Overview of Global Steel Rebar Market
- Segmentation of Global Steel Rebar Market By Type (Mild, Deformed, Others)
- Segmentation of Global Steel Rebar Market By Process (Basic Oxygen Steelmaking, Electric ARC Furnace)
- Segmentation of Global Steel Rebar Market By End-Use (Infrastructure, Residential Construction, Commercial Construction)
- Statistical Snap of Global Steel Rebar Market
- Growth Analysis of Global Steel Rebar Market
- Problems and Challenges in Global Steel Rebar Market
- Competitive Landscape in the Global Steel Rebar Market
- Impact of COVID-19 and Demonetization on Global Steel Rebar Market
- Details on Recent Investment in Global Steel Rebar Market
- Competitive Analysis of Global Steel Rebar Market
- Major Players in the Global Steel Rebar Market
- SWOT Analysis of Global Steel Rebar Market
- Global Steel Rebar Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Steel Rebar Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Steel Rebar Market Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Steel Rebar Market
7. Global Steel Rebar Market, By Type, 2019-2032 (USD Million)
7.1 Mild
7.2 Deformed
7.3 Others
8. Global Steel Rebar Market, By Process, 2019-2032 (USD Million)
8.1 Basic Oxygen Steelmaking
8.2 Electric ARC Furnace
9. Global Steel Rebar Market, By End-Use, 2019-2032(USD Million)
9.1 Infrastructure
9.2 Residential Construction
9.3 Commercial Construction
10. Global Steel Rebar Market, By Region, 2019-2032 (USD Million)
10.1 Global Steel Rebar Market Size and Market Share by Region (2019-2025)
10.2 Global Steel Rebar Market Size and Market Share by Region (2026-2032)
10.3 Asia-Pacific
10.3.1 Australia
10.3.2 China
10.3.3 India
10.3.4 Japan
10.3.5 South Korea
10.3.6 Rest of Asia-Pacific
10.4 Europe
10.4.1 France
10.4.2 Germany
10.4.3 Italy
10.4.4 Spain
10.4.5 United Kingdom
10.4.6 Rest of Europe
10.5 Middle East and Africa
10.5.1 Kingdom of Saudi Arabia
10.5.2 United Arab Emirates
10.5.3 Rest of Middle East & Africa
10.6 North America
10.6.1 Canada
10.6.2 Mexico
10.6.3 United States
10.7 Latin America
10.7.1 Argentina
10.7.2 Brazil
10.7.3 Rest of Latin America
11. Company Profiles
11.1 ArcelorMittal
11.1.1 Company details
11.1.2 Financial outlook
11.1.3 Product summary
11.1.4 Recent developments
11.2 CMC
11.2.1 Company details
11.2.2 Financial outlook
11.2.3 Product summary
11.2.4 Recent developments
11.3 HBIS Group
11.3.1 Company details
11.3.2 Financial outlook
11.3.3 Product summary
11.3.4 Recent developments
11.4 JSW
11.4.1 Company details
11.4.2 Financial outlook
11.4.3 Product summary
11.4.4 Recent developments
11.5 Nippon Steel Corporation
11.5.1 Company details
11.5.2 Financial outlook
11.5.3 Product summary
11.5.4 Recent developments
11.6 NLMK
11.6.1 Company details
11.6.2 Financial outlook
11.6.3 Product summary
11.6.4 Recent developments
11.7 Nucor
11.7.1 Company details
11.7.2 Financial outlook
11.7.3 Product summary
11.7.4 Recent developments
11.8 POSCO
11.8.1 Company details
11.8.2 Financial outlook
11.8.3 Product summary
11.8.4 Recent developments
11.9 SAIL
11.9.1 Company details
11.9.2 Financial outlook
11.9.3 Product summary
11.9.4 Recent developments
11.10 Shagang Group Inc.
11.10.1 Company details
11.10.2 Financial outlook
11.10.3 Product summary
11.10.4 Recent developments
11.11 Tata Steels
11.11.1 Company Details
11.11.2 Financial outlook
11.11.3 Product summary
11.11.4 Recent Developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
