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Steel Rebar Market Analysis Focusing on Top Key Players Robert Essar, Gerdau, ArcelorMittal, Jindal, Acerinox, Daido, Nippon Steel & Sumitomo Metal Corporation, and Tata & Caine

01-22-2019 05:24 AM CET | Industry, Real Estate & Construction

Press release from: marketstudyreport.com

/ PR Agency: Steel Rebar Market
Steel Rebar Market Analysis Focusing on Top Key Players Robert

The commercialization scale of the global steel rebar market has witnessed a remarkable upswing in the recent years owing to the ever-increasing infrastructure spending by governments across several nations. Construction of public utilities, roads, and residential complexes has gained exceptional traction with the launch of various smart city projects in developing economies which has invariably resulted in an increased demand for steel rebars. Additionally, the revamp of existing infrastructure across emerging nations like India and China has further impelled the demand for steel rebars.

One of the major factors to have significantly fueled the growth momentum of steel rebar market is the massive investment being made by prominent steel manufacturing firms across various geographies around the globe to expand their production capabilities. For instance, the Indian steel giant Jindal Steel and Power Limited (JSPL) announced in 2017 that it plans to pour in INR 20,000 crore to augment the output of its Patratu facility from 1.6 million tons annually to more than 6 million tons over the next few years. Located in the state of Jharkhand, the facility has been equipped with advanced technology to manufacture ready-to-use and high-quality steel rebars.

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MarketStudyReport.com offers 2017 report on global Steel Rebar market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2017-2024.
With increasing investments in infrastructure development and refurbishment projects, steel rebar market is expected to grow at a commendable rate over 2017-2024. The governments of numerous countries have been striving to encourage the implementation of new construction projects by providing sufficient subsidies and deploying favorable rules and regulations, thereby propelling steel rebar industry trends.

Increasing disposable incomes and a consequent change in consumer lifestyles has led to increasing investments in housing projects, that has subsequently impelled steel rebar market share. In addition to housing projects, investments are also being made in public infrastructure development projects such as roads, highways, and energy buildings like hydropower and geothermal power plants. In 2016, public infrastructure covered 60% of steel rebar market share, fueled by extensive funding in the construction of floor slabs, bridges, and roads.

Favorable foreign direct investment (FDI) policies are one the prominent reasons behind the thriving industrial sector. Many public and private companies have also been striving to work on industrial infrastructural development to construct new production plants. The growing involvement of the government as well as non-government organizations in the improvement of the industrial sector will augment steel rebar market size over the years ahead.

The product landscape of steel rebar market is inclusive of deformed and mild products. Deformed steel rebar industry is predicted to register an annual growth rate of more than 4.5% over 2017-2024, owing to the product's increasing use for constructing columns, roads, floor slabs, and bridges. In fact, deformed steel rebar possesses several beneficial properties such as high durability, excellent corrosion resistance, and better tensile strength, thus validating the increasing preference this material enjoys.

In 2016, Europe accounted for 15% of steel rebar market share, owing to the favorable involvement of the regional governments in public infrastructure development. Say for instance, the governments of UK and Slovakia have allocated quite some funding to strengthen their transport infrastructure. In addition to this, the region has been experiencing growing investments in the renovation of hospitals, schools, and hotels, that would impel Europe steel rebar industry outlook over the coming timeframe. Asia Pacific will also influence the growth of global steel rebar market and is slated to register a CAGR of 5% over 2017-2024, pertaining to the escalating product demand for residential building construction and refurbishment.

In order to gain an edge over their rivals, well-known players in steel rebar market have been adopting business growth strategies such as mergers and acquisitions. Some of the leading giants in steel rebar industry are Essar, Gerdau, ArcelorMittal, Jindal, Acerinox, Daido, Nippon Steel & Sumitomo Metal Corporation, and Tata.

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Table of Content:

Chapter 1. Methodology & Scope

1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary

Chapter 2. Executive Summary

2.1. Steel rebar market 3600 synopsis, 2013 –2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Process trends
2.1.4. Application trends
2.1.5. Regional trends

Chapter 3. Steel Rebar Industry Insights

3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Raw material suppliers
3.3.2. Manufacturers
3.3.3. Profit margin trends
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.3.5.1. Role
3.3.5.2. Product portfolio
3.3.5.3. Global presence
3.4. Technology landscape
3.5. Raw material analysis
3.6. Global steel industry overview
3.6.1. Current trend in rebar industry
3.7. Industry best practices & key buying criteria
3.8. Regulatory landscape
3.8.1. U.S.
3.8.2. Europe
3.8.3. Australia
3.8.4. China
3.9. Pricing analysis
3.9.1. Regional pricing
3.9.1.1. North America
3.9.1.2. Europe
3.9.1.3. Asia Pacific
3.9.1.4. Latin America
3.9.1.5. MEA
3.9.2. Cost structure analysis
3.10. Industry impact forces
3.10.1. Growth drivers, by region
3.10.1.1. North America

More Details on this report: https://www.marketstudyreport.com/reports/steel-rebar-market

Outer Scope of this Report: In addition to undertaking capacity expansion plans, major companies partaking in steel rebar industry have increasingly focused on developing innovative processes to manufacture cost-effective rebars. Moreover, the rapid growth being observed across business verticals along the likes of automotive and industrial manufacturing has been instrumental in propelling the steel rebar industry share in the past few years.

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