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Steel Rebar Market Projected to Reach USD 154.08 billion by 2021, at a CAGR of 5.0% from 2016 to 2021

Press Release   •   Jun 02, 2017 09:38 GMT

"Steel Rebar Market Projected to Reach USD 154.08 billion by 2021, at a CAGR of 5.0% from 2016 to 2021 – Global Forecast to 2021" published in June 2017. It is a professional and in-depth study.

Summary

Market Research Report Storeannounces a new report"Steel Rebar Market"added to its database.The steel rebar market is projected to reach USD 154.08 billion by 2021, at a CAGR of 5.0% from 2016 to 2021. Increasing consumption of steel rebar in infrastructure, housing, and industrial segments is driving the steel rebar market. The growing construction industry and construction projects are also fueling the growth of the steel rebar market.

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Infrastructure is the largest and fastest-growing segment in the steel rebar market

Modernization and maintenance of infrastructure projects has led to the growth of the infrastructure segment. Increasing investments in new infrastructure projects and maintenance of existing projects are contributing towards the steel rebar infrastructure market being the largest and fastest-growing segment. This sector includes all road, highway and bridge construction, sewage system, airport, and stadium projects. The growth in this industry is expected to lead to the growth in demand for steel rebar during the forecast period.

The Asia-Pacific region is expected to lead the steel rebar market during the forecast period

Asia-Pacific is estimated to have accounted for the largest share of the steel rebar market in 2016, followed by Europe and Middle East & Africa. China is one of the major producers and consumers of steel rebar in the Asia-Pacific region. The rapidly growing construction industry in countries such as China and India has fueled the growth of the steel rebar market in the region. The Asia-Pacific is also the fastest growing region in the steel rebar market. Growing usage of steel rebar in infrastructure, housing, and industrial segments, growing economies and increasing domestic consumption, and increase in disposable incomes, are some of the major factors expected to drive the steel rebar market.

BREAKDOWN OF PRIMARIES

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key industry personnel. The break-up of profiles of primary discussion participants is given below.

BREAKDOWN OF PROFILES OF PRIMARY PARTICIPANTS:

  • By Company Type: Tier 1 – 35%, Tier 2 – 41%, and Tier 3 – 24%
  • By Designation: C Level – 56%, Director Level – 28%, and Others – 16%
  • By Region: Asia-Pacific – 33%, North America – 27%, Europe – 20%, Middle East & Africa – 13% and South America – 7%
  • Major companies profiled in this report are ArcelorMittal (Luxembourg), Gerdau S.A (Brazil), Nippon Steel & Sumitomo Metal Corporation (Japan), Posco SS-Vina, Co. Ltd (Vietnam), Steel Authority of India Limited (India), Tata Steel Ltd. (India), Essar Steel (India), Mechel PAO (Russia), EVRAZ plc (U.K.), Sohar Steel LLC (Oman), Celsa Steel U.K. (U.K.), Kobe Steel Ltd. (Japan), Jiangsu Shagang Group (China), NJR Steel (South Africa), Commercial Metals Company (U.S.), The Conco Companies (U.S.), Barnes Reinforcing industries (South Africa), Jindal Steel & Power ltd. (India), Steel Dynamics (U.S.), Steel Asia Manufacturing Corporation (Philippines), Outokumpu Oyj (Finland), Acerinox S.A. (Spain), Hyundai Steel (South Korea), Daido Steel Co., Ltd. (Japan), and Byer Steel (U.S.).

    Research Coverage:

    This report offers an overview of the market trends, drivers, and barriers with respect to the steel rebar market. It also provides a detailed overview of the market across five regions, namely, Asia-Pacific, North America, Europe, Middle East & Africa, and South America. The report categorizes the steel rebar market on the basis of process, type, end user, and region. A detailed analysis of the leading players, along with key growth strategies adopted by them is also covered in the global report.

    This report covers the following key aspects:

  • The market size by 2021 and the growth rate during the period, 2016-2021
  • The key market trends
  • The factors expected to drive the growth of the market
  • The barriers that impact market growth
  • The key players in this market
  • The global report covers key regions, such as North America, Europe, and Asia-Pacific, including major countries in these regions such as the U.S., China, Japan, India, Germany, and Italy
  • TABLE OF CONTENTS

    1 INTRODUCTION 15

    1.1 OBJECTIVES OF THE STUDY 15

    1.2 MARKET DEFINITION 15

    1.3 MARKET SCOPE 16

    1.3.1 YEARS CONSIDERED IN THE REPORT 17

    1.4 CURRENCY & PRICING 17

    1.5 UNIT CONSIDERED 17

    1.6 STAKEHOLDERS 17

    2 RESEARCH METHODOLOGY 18

    2.1 RESEARCH DATA 18

    2.1.1 SECONDARY DATA 19

    2.1.1.1 key data from secondary sources 19

    2.1.2 PRIMARY DATA 20

    2.1.2.1 key data from primary sources 20

    2.1.2.2 Key industry insights 21

    2.1.2.3 Breakdown of primary interviews 21

    2.2 MARKET SIZE ESTIMATION 22

    2.2.1 BOTTOM UP APPROACH 22

    2.2.2 TOP DOWN APPROACH 23

    2.3 DATA TRIANGULATION 24

    2.4 RESEARCH ASSUMPTIONS 25

    2.5 LIMITATIONS 25

    3 EXECUTIVE SUMMARY 26

    4 PREMIUM INSIGHTS 31

    4.1 OPPORTUNITIES IN THE STEEL REBAR MARKET 31

    4.2 STEEL REBAR MARKET, BY END USER 31

    4.3 STEEL REBAR MARKET 32

    4.4 STEEL REBAR MARKET GROWTH 33

    4.5 STEEL REBAR MARKET: EMERGING & DEVELOPED NATIONS 33

    5 MARKET OVERVIEW 34

    5.1 INTRODUCTION 35

    5.2 MARKET SEGMENTATION 35

    5.3 MARKET DYNAMICS 37

    5.3.1 DRIVERS 38

    5.3.1.1 Rapid industrialization and increase in infrastructure investment 38

    5.3.1.2 Increasing urban population 38

    5.3.2 RESTRAINTS 39

    5.3.2.1 Overproduction of steel rebar by China 39

    5.3.2.2 Volatile raw materials prices 40

    5.3.3 OPPORTUNITIES 40

    5.3.3.1 Emerging alternatives to corrosion resistance bar 40

    5.3.3.2 Need for highly ductile reinforcement bars 40

    5.3.4 CHALLENGES 40

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    Market Research Report Store

    About Market Research Report Store

    Market Research Report Store is one of the most fast-growing and professional online platforms for industry reports, market reports, and professional surveys. Our collection covers more than 100 global markets. We have cooperated with leading publishers and consultant companies to offer the best market intelligence products to our clients with instant access to our database.

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