Long Steel Market Size & Analysis - Forecasts to 2026

The result calculated by GME implied that by 2026, the Global Long Steel Market will grow at a CAGR rate of 3.7%. The market's prospects will improve over the forecast period as the increasing investments in infrastructural activities coupled with the increasing aging population.

Browse 153 Market Data Tables and 113 Figures spread through 183 Pages and in-depth TOC on"Global Long Steel Market - Forecast to 2026." https://www.globalmarketestimates.com/market-report/global-long-steel-market-2865

By Process (Basic Oxygen Furnace, Electric Arc Furnace), By Product Type (Merchant Bar, Rebar, Rail, Wire Rod, Others), By End-Use (Construction, Infrastructure, Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights
• Long steel is widely used in construction to provide structural support for a building's body.
• Long steels are favoured in construction over flat steel because of their high ductility and toughness.
• Construction activities jammed the brakes on the long steel sector, throwing the construction sector and the long steel market into turmoil.
• The growth of tourniquet systems and pneumatic tourniquet cuffs is expected to support the Long Steel market in the forthcoming years.
• In 2019, the basic oxygen furnace segment accounted for the largest share of the revenue.
• During the forecast era, the wire rod segment is anticipated to boost at a high CAGR, owing to its broad range of applications in a variety of end-use industries.
• In the expected timeframe in terms of sales, the Asia-Pacific region is the leading market shareholder and also indicates a significant CAGR rate over the forthcoming years.
• ArcelorMittal, Nippon Steel & Sumitomo Metal Corporation, Nucor Corporation, Commercial Metals Company, Steel Dynamics, Inc., Outokumpu OYJ, Tata Steel, Shagang Group, JFE Steel Corporation, Hbis Group, Steel Authority Of India Limited, Severstal JSC, JSW Steel, Gerdau Saposco China Baowu Steel Group Corporation Limited, MechelPao, Novolipetsk Steel (Nlmk)Acerinox S.A., Daido Steel, Ansteel Group Corporation Limited, Evraz PLC, Hyundai Steel, Metinvest Holding LLC, Wuhan Iron And Steel Corporation, among others are the prime competitors that compete in the market.

Browse the Report @ https://www.globalmarketestimates.com/market-report/global-long-steel-market-2865

Process Outlook (Revenue, USD Million, 2021-2026)
• Basic Oxygen Furnace
• Electric Arc Furnace

Type of Product Outlook (Revenue, USD Million, 2021-2026)
• Merchant Bar
• Rebar
• Rail
• Wire Rod
• Others

End-Use Outlook (Revenue, USD Million, 2021-2026)
• Construction
• Infrastructure
• Others

Regional Outlook (Revenue, USD Million, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA

Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php

B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India

Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.

This release was published on openPR.