The US market is estimated at $8.9 billion, while China is projected to grow at a CAGR of 4.6%

rebar market

DUBLIN, April 18, 2024 (Globe Newswire) — ‘Rebar – Global Strategic Business Report’ added. ResearchAndMarkets.com Recruitment.

The global market for reinforcing bars, estimated at USD 261.6 billion in 2023, is projected to reach a revised size of USD 357.1 billion by 2030, growing at a CAGR of 4% over the analysis period 2023-2030. Grow.

Deformed rebar, one of the segments analyzed in the report, is projected to register a CAGR of 4.2% and reach USD 266.2 billion by the end of the analysis period. The growth rate of the mild steel rebar segment is estimated to be 3.3% CAGR over the next eight years.

The US rebar market is estimated to be USD 8.9 billion in 2023. China, the world’s second largest economy, is expected to reach a projected market size of USD 172.7 billion by 2030, with a CAGR of 4.6% thereafter. The analysis period is from 2023 to 2030.

Other notable geographic markets include Japan and Canada, which are expected to grow by 2.3% and 3%, respectively, from 2023 to 2030. Within Europe, Germany is expected to grow at a CAGR of approximately 2.6%.

Key reporting features

• Full access to influencer engagement statistics

• Free access to digital archives and research platforms. The unique platform is fully enabled to unleash the creativity and market knowledge of subject matter experts from around the world in a cohesive and collaborative manner. State-of-the-art tools provide a world-class market perspective while protecting participant privacy and identity. The numbers, statistics, and market stories within the report are based on fully curated insights shared by experts and influencers in the field.

• Opportunity to participate in interactive surveys with real-time data simulator tools and bespoke report generation capabilities

• Full client access to a peer collaboration and interactive platform for smart idea exchange between businesses

• 1 year of free report updates

• Covering global market share of competitors and key players

• Player market presence analysis across multiple regions (Strong/Active/Niche/Minor)

• Access to selected YouTube video transcripts of subject matter expert/influencer interviews, podcasts, press statements, and event keynotes.

Key attributes:

Main topics covered:

1. Market overview

• Latest information on the world economy

• Impact of inflationary pressures on the economy

• What is causing inflationary pressures in world markets?

• Annual average global Brent crude oil price from 2017 to 2024 (US$ per barrel)

• Global inflation rate (%) from 2019 to 2024

• World economic growth forecast from 2020 to 2024 (real GDP, annual rate of change)

• Number of unemployed people worldwide from 2019 to 2024 (in million)

• competitive scenario

• Rebar – Market share percentage of the world’s main competitors in 2023 (E)

• Competitive Market Presence – Strong/Active/Niche/Mediocre (E) for Players Worldwide in 2023

• Global market outlook and outlook

• Global Rebar Market Growth Opportunities and Constraints

• Analysis by type

• Global Rebar Market by Type (2023 & 2030): Breakdown of Deformed and Soft Rebar Sales Proportion

• Analysis by end use

• Global Rebar Market by End-Use (2023 and 2030): Breakdown of Proportion of Sales for Infrastructure, Residential & Commercial, Industrial

• regional analysis

• Global Rebar Market by Region: Developed vs. Developing Regions Sales Ratio (2023 & 2030)

• Global Rebar Market – Geographic Regions Ranked by CAGR (Value) from 2022 to 2030: China, Asia Pacific, Latin America, Middle East, Africa, Canada, United States, Europe, Japan

• Rebar: Prelude

• Introduction to reinforcing bars

• Alternatives to concrete reinforcement with reinforcing bars

• Recent market activity

story continues

2. Focus on selected players(Total of 68 items posted)

• ArcelorMittal SA

• Celsa Steel Co., Ltd.

• commercial metal company

• Daido Special Steel Co., Ltd.

• Gerdau S/A

• modern steel

• Jiangsu Shagang Group Co., Ltd.

• Mekelle Pao

• NLMK Group

• New Core Co., Ltd.

• Steel Corporation of India Limited

• Steel Dynamics Co., Ltd.

• Tata Steel Ltd.

3. Market trends and drivers

• Steel reinforcement strengthens structures

• The use of stainless steel rebar and glass fiber reinforced polymers witnesses a surge

• Optimistic steel reinforcement outlook defined by innovation and cutting-edge solutions

• Demand for high-strength irregularly shaped bars is increasing.

• Carbon steel and epoxy-coated steel rebar proves strong demand

• Construction sector trends influence market growth

• Global construction reset and trajectory: growth outlook 2019-2025 (%)

• Demand for reinforcing bars expands as construction sector recovers

• Global construction spending 2020-2028 (US$ trillion)

• Key indicators of the US residential construction market

• Fast-growing construction industry stimulates demand for rebar

• Driving urbanization: a key driver in the construction market

• World urban population (thousands): 1950-2050

• World urbanization: urban population as a percentage of total population by geographic region in 1950, 1970, 1990, 2018, 2030, and 2050

• Selected metropolitan areas around the world (2035*)

• Global value of megacity construction projects in 2023 (US$ billion)

• Percentage of population living in apartments in a particular country

• Major investments in high-rise buildings and skyscrapers to accelerate market growth

• The world’s tallest buildings move from Western countries to developing countries

• Top 25 completed and under construction skyscrapers around the world: rank, building, city, country, height (meters), number of floors, year of completion

• Application of reinforcing bars in commercial buildings

• Industrial activity remains subdued, leading to a downturn in the steel market during and after the pandemic

• Increased investment in infrastructure projects strengthens market outlook

• Forecast of infrastructure investment required by region from 2016 to 2040 (US$ trillion)

• Reinforced concrete bridges where durability is important

• Rebar is used in concrete pavement

• Oil and gas industry trends driving market demand

• Global E&P capital investment: 2015-2023

• Rebar for oil and gas system equipment

• The steel rebar industry is battling rising carbon emissions

• Is GFRP rebar better than steel rebar?

• Researchers begin project to assess corrosion of reinforcing steel

For more information about this report, please visit https://www.researchandmarkets.com/r/hnker7.

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source of international market research reports and market data. We provide the latest data on international and regional markets, key industries, top companies, new products and latest trends.

attachment

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900