1 / 6

Steel Rebars Market 2019 – 2026 | Industry Segments, Trends and Regional Analysis

This Steel Rebars market report is an exhaustive research on companies active in Steel Rebars sector, its applications, products, end-users, trends and predictions on how the market will grow in coming years.

vinayakshinde
Download Presentation

Steel Rebars Market 2019 – 2026 | Industry Segments, Trends and Regional Analysis

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Steel Rebars Market Development Trends and Growth Drivers Analysis by 2026 • Rising demand for residential buildings in developing economies is expected to boost the demand for steel rebars. Immigrants migrating to these urban areas have helped multiply these region’s construction industry. Mentioned below are few of the ongoing trends in the steel rebar industry: • Increasing adoption of deformed and mild steel bars: • Deformed steel is expected to witness massive demand owing to its advanced features such as high tensile strength, lower chances of slippage and better bonding ability with cement. Earlier in 2018, the product held a majority share in the steel rebar market and accounted for 75% of overall revenue. Deformed steel rebars are often rolled hot and are deformed via twisting. Its high tensile strength positions it as the best alternative for vertical infrastructure. As for mild steel bars, they are often used as a tensioning instrument in reinforced masonry buildings. Though these steel bars are frail, they offer remarkable tensile strength. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Technological innovation in the steelmaking sphere: • For years, Basic Oxygen Steelmaking (BOF) has positioned itself as the major steelmaking technology in the industry. However, features like high energy efficiency and lower production cost give electric arc furnace (EAF) an edge over traditional BOF. Basically, BOF uses iron ore, both in the form of steel scrap and molten pig iron, as its raw material. After stuffing raw materials in the furnace, oxygen is blown in the melt to oxidize those raw materials into steel. It is then processed to make either mild or defor med steel rod. • Rapid infrastructural developments in emerging countries:  • Developing economies such as Indonesia, India, Malaysia, Thailand, and China have shifted their focus towards strengthening their infrastructural facilities, in order to fulfill the demands of growing population. Regional as well as private organizations have started to construct new commercial and residential buildings on a large scale. Moreover, China and India are one of the biggest producers of steel in the world. Higher production of steel from these regions is expected to lower the overall steel rebar cost, thus fueling its demand in the coming years. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Request for a Sample Copy of this Report @https://www.gminsights.com/request-sample/detail/2081 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Regional Analysis: • Over the years, countries like China and India have seen an exponential rise in construction activities due to growth in urbanization. Likewise, the need for better healthcare and educational infrastructure in the Middle East and Africa is expected to facilitate steel industry expansion in a long run. • Competitive Analysis: • Meanwhile, on a global scale, companies like Gerdau SA, ArcelorMittal, Nippon Steel & Sumitomo Metal, Tata Steel, Essar Steel, SAIL, Daido Steel, Hyundai Steel, Acerinox S.A., Mechel OAO, Evraz PLC, Kobe Steel, Commercial Metals Company (CMC) and Jindal Steel & Power Ltd. have help augment the worldwide steel rebar market with innovative product offerings. Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/2081 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Latest Research Report on Steel Rebar Market @ https://www.gminsights.com/industry-analysis/steel-rebar-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/2081 Request for customization: https://www.gminsights.com/roc/2081 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

More Related