Press release
Steel Rebar Market to Reach USD 308.26 Bn by 2029, emerging at a CAGR of 5 percent and forecast 2023-2029
Steel Rebar Market Report Scope and Research Methodology:The report employs a combination of secondary and primary research methods to gather data. Secondary research involves analysis of annual and financial reports of leading manufacturers, while primary research includes in-depth interviews with key industry figures. Through these methods, market size and dominant market participants are identified, providing a clear picture of the market landscape.
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What are Steel Rebar Market Dynamics:
The development of the global steel rebar market is largely owing to the rise in demand for steel rebar from the construction sector. Construction industry growth is expected to continue to be a major market driver. The demand for steel rebar is boosted by infrastructure development, particularly in growing economies like China, Brazil, and India as well as the diversification projects in the Middle East countries. Additionally, the sector is growing as a result of rising urbanization, economic growth, and government programmers like "Housing for All By 2022" in India. This results in a rise in construction activities around the nation, considerably supporting the steel rebar market.
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Steel Rebar Market Regional Insights:
Asia Pacific: Accounting for over 61% of revenue in 2022, the region is expected to witness increased demand for steel rebar, driven by investments in construction activities, particularly in China and India. Government initiatives like "Housing for All" and "Smart Cities Mission" further stimulate market growth.
North America: Projected to experience a 5% growth rate during the forecast period, North America benefits from increased government funding for infrastructure projects in the United States, Mexico, and Canada. Initiatives such as infrastructure development funds and investments in railroad infrastructure propel market growth.
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What is Steel Rebar Market Segmentation:
by Type
1. Deformed
2. Mild
by Bar Size Type
#3 Bar Size
#4 Bar Size
#5 Bar Size
#8 Bar Size
Other
by Coating Type
Plain Carbon Steel Rebar
Galvanized Steel Rebar
Epoxy Coated Steel Rebar
by Process Type
Basic Oxygen Steelmaking
Electric Arc Furnace
by End User
Infrastructure
Housing
Industrial
Who are Steel Rebar Market Key Players:
1. Steel Dynamics, Inc.
2. DAIDO STEEL Co. Ltd.
3. Acerinox S.A.
4. CMC
5. Gerdau S/A
6. HBIS GROUP
7. POSCO
8. SAIL
9. SHAGANG GROUP Inc.
10. JSW
11. Tata Steel
12. NLMK
13. NIPPON STEEL CORPORATION
14. Nucor
15. ArcelorMittal
16. Essar Steel
17. Mechel PAO
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Table of content for the Steel Rebar Market includes:
Global Steel Rebar Market: Research Methodology
Global Steel Rebar Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Steel Rebar Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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