Steel Rebar Market Size 2021, Share, Trends, Analysis, Growth and Forecast 2026

 



According to IMARC Group’s latest report, titled “Steel Rebar Market Size: Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026,” the global steel rebar market exhibited moderate growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 5% during 2021-2026

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Steel rebar or reinforcement steel is a steel bar or mesh of steel wire used to reinforce and support concrete and other stone structures. It is manufactured using carbon steel, welded wire fabric, epoxy, stainless steel, galvanized and glass-fiber reinforced polymers, iron, sheet-metal, carbon, sulfur and phosphorus. Steel rebars are available in various sizes and shapes like round, square-twisted, ribbed, stretched and ribbed-twisted. They offer numerous advantages, such as high durability, malleability, tensile strength, and thermal resistance.

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Market Trends

Significant growth in the construction industry over the years is primarily driving the market. Steel Rebars are widely used to construct modern infrastructures like skyscrapers, roadways, sewage tunnels, airports and stadiums. They are utilized as prestressed reinforcing bar in construction activities to minimize the slippage and cracking and improve bonding with the cement beams and columns. Additionally, several product innovations, such as the development of thermo-mechanical technology that improves the quality of rebars, are further catalyzing the market growth. Various manufacturers are introducing advanced variants with superior tensile strength, ductility and corrosion resistance properties which will further continue to drive the market for steel rebar in the coming years.

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List of Key Companies Covered in this Market Report:

  • ArcelorMittal (Mittal Steel Company)
  • CELSA Steel UK
  • Commercial Metal Company
  • Daido Steel Co. Ltd
  • Gerdau SA
  • Hyundai Steel
  • Nippon Steel Corporation
  • Nucor Corporation
  • Steel Authority of India
  • Jiangsu Shagang Group Company Limited
  • Steel Dynamics Inc.
  • Tata Steel Limited

The report has segmented the market on the basis of product type, process, finishing type, end use and geography.

Breakup by Product Type:

  • Deformed
  • Mild

Breakup by Process:

  • Basic Oxygen Steelmaking
  • Electric Arc Furnace

Breakup by Finishing Type:

  • Epoxy
  • Coated
  • Black

Breakup by End Use:

  • Residential
  • Commercial
  • Industrial

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021- 2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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