openPR Logo
Press release

U.S. Steel Merchant and Rebar Market Expected to Reach US$ 15.52 Billion by 2032, Growing at a 5.2% CAGR from 2024 to 2032

08-27-2024 11:07 AM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

U.S. Steel Merchant and Rebar Market

U.S. Steel Merchant and Rebar Market

The global U.S. steel merchant and rebar market was valued at USD 9.85 billion in 2023. The market is expected to expand at a CAGR of 5.2% from 2024 to 2032. The industry is expected to grow to USD 15.52 billion by 2032.

๐†๐ž๐ญ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/us-steel-merchant-and-rebar-market/request-for-sample

๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ
Steel rebar is rods that are utilized in a concrete establishment to generate strengthened concrete. They are usually corrugated to prohibit sliding within the concrete and offer aggregate advantages such as enhancing the structural robustness of concrete projects. Concrete has an excessively elevated compression strength but proportionally low tensile and torsional strength. Steel assists with this by offering escalated strength in those regions while assisting in prohibiting the configuration and outspread of cracks that could demolish the entire project. Further, steel is the superlative substance for rebar usage due to its homogenous thermal augmentation attributes to concrete, circumventing several problems in the context of temperature alteration.

๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐
Spearheading market players are funding massively in research and development so as to augment their product line which will assist the market to evolve even more.

๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐ฐ๐ก๐ข๐œ๐ก ๐š๐ซ๐ž ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐๐จ๐ฆ๐ข๐ง๐š๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐”.๐’. ๐ฌ๐ญ๐ž๐ž๐ฅ ๐ฆ๐ž๐ซ๐œ๐ก๐š๐ง๐ญ ๐š๐ง๐ ๐ซ๐ž๐›๐š๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:
โ€ข Acerinox
โ€ข CMC
โ€ข Evraz
โ€ข Gerdau S/A
โ€ข JFE Steel Corporation
โ€ข NIPPON STEEL CORPORATION
โ€ข Nucor
โ€ข Outokumpu
โ€ข Radius Recycling, Inc.
โ€ข Steel Dynamics

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.polarismarketresearch.com/buy/3999/2

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง
The U.S. steel merchant and rebar analysis are mainly based on product and end-use. Based on product, the rebar segment witnesses the fastest growth. Also, according to end use, the infrastructure segment holds a significant revenue share. This is due to sizeable funding for Bipartisan Infrastructure Law (BIL). The BIL issued significant financing for enhancing and augmenting the country's framework involving roads, bridges, highways and public transit systems.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ
Market CAGR for the U.S. steel merchant and rebar market is driven by the technological progressions that sanction the manufacturing of green and eco-friendly steel commodities. Transformations in making procedures have permitted steel makers to decrease greenhouse gas discharge, covering all phases of production from resource removal to ultimate commodity conveyance.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/us-steel-merchant-and-rebar-market

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
The U.S. steel merchant and rebar market is navigating a complex landscape shaped by economic factors, technological advancements, and regulatory pressures. While challenges such as volatile raw material prices and environmental regulations persist, opportunities for growth are also substantial. Strategic investments in infrastructure, sustainability, and technological innovation will be key to leveraging these opportunities and driving the market forward.

๐ˆ๐ง๐ฏ๐ž๐ฌ๐ญ๐ข๐ ๐š๐ญ๐ž ๐Ž๐ฎ๐ซ ๐๐ซ๐ข๐ฆ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐”.๐’. ๐๐จ๐ง-๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐‘๐ฎ๐›๐›๐ž๐ซ ๐“๐ซ๐š๐ง๐ฌ๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง ๐๐ž๐ฅ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/us-non-automotive-rubber-transmission-belts-market

๐”.๐’. ๐‘๐ž๐ง๐ž๐ฐ๐š๐›๐ฅ๐ž ๐Œ๐ž๐ญ๐ก๐š๐ง๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/us-renewable-methanol-market

๐“๐ก๐ž๐ซ๐ฆ๐จ๐Ÿ๐จ๐ซ๐ฆ๐ž๐ ๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/thermoformed-plastics-market

๐’๐จ๐ฎ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐‚๐š๐ซ๐›๐จ๐ง ๐ƒ๐ข๐จ๐ฑ๐ข๐๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/south-america-carbon-dioxide-market

๐†๐ฅ๐š๐ฌ๐ฌ ๐†๐ซ๐š๐๐ž ๐’๐ข๐ฅ๐ข๐œ๐š ๐’๐š๐ง๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/glass-grade-silica-sand-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release U.S. Steel Merchant and Rebar Market Expected to Reach US$ 15.52 Billion by 2032, Growing at a 5.2% CAGR from 2024 to 2032 here

News-ID: 3635884 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Granite Market Projected to Reach USD 6.63 Billion by 2034, Growing at a CAGR of 5.2%
Granite Market Projected to Reach USD 6.63 Billion by 2034, Growing at a CAGR of โ€ฆ
Polaris Market Research has released new insights into the Granite market, highlighting key developments, evolving trends, and growth prospects across major regions and segments. The report delivers an in-depth analysis of market dynamics, competitive shifts, and strategic outlooks to support informed decision-making for businesses and investors. Market at a Glance In 2024, the market was valued at USD 3.99 billion and is anticipated to grow to USD 6.63 Billion by 2034. Itโ€ฆ
Molecular Diagnostics for Sexually Transmitted Diseases Market to Reach USD 7.85 Billion by 2034, Growing at a CAGR of 7.5%
Molecular Diagnostics for Sexually Transmitted Diseases Market to Reach USD 7.85 โ€ฆ
Polaris Market Research announces the release of its latest study on the Molecular Diagnostics For Sexually Transmitted Diseases market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 3.82 billion in 2024 and is expected toโ€ฆ
Higher Alpha Olefins Market Projected to Hit USD 20.01 Billion by 2034, Expanding at a CAGR of 6.8%
Higher Alpha Olefins Market Projected to Hit USD 20.01 Billion by 2034, Expandin โ€ฆ
Polaris Market Research announces the release of its latest study on the Higher Alpha Olefins market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 10.39 billion in 2024 and is expected to reach 20.01 billionโ€ฆ
Direct Oral Anticoagulants (DOACs) Device Market to Reach USD 64.83 Billion by 2034, Growing at a CAGR of 7.44%
Direct Oral Anticoagulants (DOACs) Device Market to Reach USD 64.83 Billion by 2 โ€ฆ
Polaris Market Research announces the release of its latest study on the Direct Oral Anticoagulants (DOACs) Device market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 31.67 billion in 2024 and is expected to reachโ€ฆ

All 5 Releases


More Releases for Steel

Steel Beams Market is Booming Worldwide with Steel Dynamics, JSW Steel, JFE Stee โ€ฆ
HTF MI just released the Global Steel Beams Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach. Major Giants in Steel Beams Market are: ArcelorMittal (Luxembourg), Nippon Steel (Japan),โ€ฆ
Special Ball Bearing Steel Market : Eminent Players - Nippon Steel, Suzhou Steel โ€ฆ
Market Description - Los Angeles, (United States) - The information made available in the Special Ball Bearing Steel report will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. This will at last increase the return rate and drive the competitive edge within. Being a custom market report, it provides services tailored to the exact challenge. Whether it is survey work,โ€ฆ
Miscellaneous Steel Detailing | Steel Detailer | Steel Detailing Services
We provide the highest quality of finished projects in the industry. Boasting unmatched turnaround times, and superb accuracy. WorldSteel Detailings has onboard team of experienced steel detailers and engineers with a wide range of experience from industrial and commercial projects to high rise buildings. By using innovative technologies and latest softwares, our structural steel detailing team provides accurate services as per your requirements based on country standards.Our steel detailing professionalsโ€ฆ
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni โ€ฆ
A detailed study on โ€˜Structural Steel marketโ€™ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industryโ€™s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors inโ€ฆ
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni โ€ฆ
A detailed study on โ€˜Structural Steel marketโ€™ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industryโ€™s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors inโ€ฆ
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni โ€ฆ
A detailed study on โ€˜Structural Steel marketโ€™ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industryโ€™s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors inโ€ฆ