10-30-2018 03:16 PM CET - Industry, Real Estate & Construction
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Steel Rebar Market In 2018: Essar Steel, Gerdau, Tata Steel, Outokumpu, Mechel, ArcelorMittal, ACERINOX, Hyundai Steel, Commercial Metals Company, Steel Dynamics, Inc, EVRAZ North America, ACERINOX, O Commercial Metals Company

Press release from: Data Bridge Market Research
Steel Rebar Market
Steel Rebar Market


The steel rebar market report convey far reaching examination of the market structure alongside figure of the different sections and sub-fragments of the steel rebar industry. The steel rebar market report gives an inside and out review of product specification, innovation, item compose and creation examination considering central point, for example, revenue, cost, gross and gross margin. The organization profiles of all the key players and brands that are overwhelming the steel rebar market with moves like item dispatches, joint endeavors, consolidations and allegations which thusly is influencing the business, import, fare, income and CAGR esteems are made reference to in the report.

Steel Rebar industry accounted to USD XX.XX million in 2017 growing at a CAGR of XX.XX% during the forecast period of 2018 to 2025. Steel Rebar market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. The global steel rebar market is highly consolidated with the presence of a limited number of players.

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Steel rebar, commonly known as reinforcing steel or reinforcement steel, is widely used in the construction industry, mainly for the concrete reinforcement. Report Forecasting Regional and Global Analysis on 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 and Geography.

Based on finishing type, steel rebar can be epoxy coated, black and fabricated. Epoxy coated rebar, also known as green rebar is used in making bridges, parking structures, pavement, and their repair work. Some of the major players in the steel rebar market include

· 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.

· Steel Dynamics

· SteelAsia Manufacturing Corporation

· Outokumpu OYJ

· Acerinox

· Hyundai Steel

Others: Daido Steel, Kobe Steel, Sohar Steel LLC, Celsa Steel UK, Jiangsu Shagang Group, NJR Steel, Conco, Posco SS Vina, Byer Steel Corporation and many more. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

· Epoxy rebar is widely used as compared to the conventional reinforcing bars in order to strengthen the concrete and to protect it against corrosion.

· Black rebar is expected to grow at the highest CAGR over the forecast period owing to cost effectiveness.

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Major Market Drivers:

• Increasing investment in infrastructure
• Growing urban population leading to a boom in residential construction
• Declining steel price
• Requirement for highly ductile reinforcement bars

Market Restraint:

• High cost of the fabrication used in casting rebar concrete
• Volatility in the raw material prices

Segmentation

The steel rebar market is segmented on the basis of product type into

· Deformed

· 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

· Electric arc furnace

Basic oxygen steelmaking is expected to grow at the highest CAGR over the forecast period.

On the basis of finishing type, the market is segmented into

· Epoxy coated

· Black

· Fabricated

Black rebar is expected to grow at the highest CAGR over the forecast period.

On the basis of end users, the market is segmented into

· Infrastructure

· Housing

· Industrial

· Construction

· Oil & gas industry

On the basis of geography, the steel rebar market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacific is expected to dominate the market.


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