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Global Steel Rebar Market accounted for USD 120.8 billion in 2016 and is projected to grow at a CAGR of 5.2% during the forecast period of 2017 to 2024.
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Global Steel Rebar Market is Growing at a Significant Rate In The Forecast to 2024 Global Steel Rebar Market, By Product Type (Deformed, Mild); By Process (Basic Oxygen Steelmaking, Electric Arc Furnace); By Finishing Type (Epoxy Coated, Black, Fabricated); By End Users (Infrastructure, Housing, Industrial, construction, Oil & Gas Industry); By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024. Global Steel Rebar Market accounted for USD 120.8 billion in 2016 and is projected to grow at a CAGR of 5.2% during the forecast period of 2017 to 2024. 1 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Major Market Drivers and Restraint: • Increasing investment in infrastructure Growing urban population leading to a boom in residential construction Declining steel price Requirement for highly ductile reinforcement bars High cost of the fabrication used in casting rebar concrete Volatility in the raw material prices • • • • • 2 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Market Segmentation • On the basis of product type the steel rebar market is segmented into deformed and mild. Deformed steel rebar is expected to grow at the highest CAGR over the forecast period. On the basis of process, the market is segmented into basic oxygen steelmaking, and electric arc furnace. On the basis of finishing type, the market is segmented into epoxy coated, black, and fabricated. On the basis of end users, the market is segmented into infrastructure, housing, industrial, construction, oil & gas industry. • • • 3 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Regional Analysis Based on geography, the market is segmented into five geographical regions North America Europe Asia-Pacific South America Middle East Africa Browse Full Report and Details TOC : https://databridgemarketresearch.com/reports/global- steel-rebar-market/ 4 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Major Key Players Some of the major players operating in this market are : ArcelorMittal Gerdau SA Nippon Steel & Sumitomo Metal Corporation SAIL (Steel Authority of India Limited) Tata Steel, Essar Steel Mechel OAO Evraz PLC Commercial Metals Company (CMC) Jindal Steel & Power Ltd Inquire Before Buying : https://databridgemarketresearch.com/inquire-before- buying/?dbmr=global-steel-rebar-market 5 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
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