Covid Impact Steel Rebar Market is expected to register a CAGR of 4.2%, reaching a value of around USD 229 billion by the end of 2027.

STEEL REBAR MARKET: Summary

The Global Steel Rebar Market is expected to register a CAGR of 4.2%, reaching a value of around USD 229 billion by the end of 2027.

Steel rebar also popularly known as steel reinforcement bar, reinforcing bar/ steel or reinforcement steel. It is a superior and versatile composite construction material in all concrete and masonry structure, which is used as tensioning device for reinforcing the cement and holding other essential construction material at respective place in the compressed state. Rebar is formed when steel is melted through exposure to an extreme amount of heat. After this, the melted steel is allowed to pass through a small circular opening to obtaining an elongated shape of rebar. It is used in construction activities to impart additional strength. Rebar has gained huge popularity in the construction sector for the manufacturing of reinforced concrete.

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STEEL REBAR MARKET: Drivers & OPPORtunity

Market Driver:

• Growing Construction Activities

Construction is the key application area for the steel rebar market, as steel acts as the prime construction material to cater to the versatile need of the infrastructure. Steel rebar is used in the construction of all infrastructure for imparting higher strength to the concrete. The construction is growing against the backdrop of the rising demand for new infrastructure dedicated to residential and commercial building. With the awake of COVID-19 pandemic, the construction activities have slowdown as the government has imposed strict lockdown to prevent the spread of the virus. A temporary shift towards reducing investment in the new residential construction has halted newer pipelined projects.

• Increasing Steel Demand

Steel has become one of the prevalent construction materials used along with the concrete for constructing durable and impressive buildings. It has cost-effective material with superior flexibility and versatility. Growing application of steel across construction, automotive, electrical appliances, transport is driving the steel demand. The current COVID crisis has affected the steel demand, as the construction, automotive production and mechanical machinery is heavily exposed to the overall demand and supply chain disruption. Nevertheless, the release of lockdown from the China and economies countries.

Market Opportunity:

• Higher Demand for Green Buildings

Steel reinforcing bars or rebar is the eco-friendly construction material, which can be recycled. The Concrete Reinforcing Steel Institute stated that over 7 million tons of scrap steel are recycled into reinforcing bars annually, which helps in reducing the massive energy expenditure. Green Building contributes to eliminating the overall negative impacts on the environment. Rising concerns regarding reducing the environmental impact related to construction activities drive the demand towards constructing green buildings. Also, decreased operating costs and short payback periods promote the preference towards green buildings. Thus, rising construction of the green buildings is projected to act as a promising opportunity for the steel reinforcement bars market.

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STEEL REBAR market: Key segments

• Segmentation based on type: Plain Reinforced and Deformed Reinforced
• Segmentation based on application: Residential, Commercial, Public Infrastructure and Others
• Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

KEY Companies Covered

• ArcelorMittal (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
• POSCO
• NIPPON STEEL CORPORATION
• HBIS GROUP
• Gerdau S/A
• China Ansteel Group Corporation Limited
• Jiangsu Shagang Group
• Tata Steel
• Nucor Corporation
• Contractors Materials Company
• Mechel
• Outokumpu
• Daido Steel Co., Ltd.
• Acerinox S.A.
• JSW
• Hyundai Steel
• Other Key Companies

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STEEL REBAR MARKET: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Steel Rebar Market, by Type

• Plain Reinforced
• Deformed Reinforced

Steel Rebar Market, by Application

• Residential
• Commercial
• Public Infrastructure
• Others

Steel Rebar Market, by Region

• North America
• US
• Canada
• Mexico
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Rest of Asia-Pacific
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Russia
• Belgium
• Rest of Europe
• Middle East & Africa
• Saudi Arabia
• UAE
• Israel
• South Africa
• Rest of Middle East & Africa
• South America
• Brazil
• Argentina
• Peru
• Chile
• Rest of South America

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Table of Content

1. INTRODUCTION
2. Research Objectives
3. Market Definition
4. Research Scope
5. Regional Coverage
6. Research Timeline
7. Assumptions
8. Limitations
9. RESEARCH DESIGN & SCOPE
10. Introduction
11. Primary Research
12. Key Industry Expert Insight
13. Secondary Research
14. Vital Data from Secondary Sources
15. Market Size Estimation
16. Data Validation & Triangulation
17. EXECUTIVE SUMMARY
18. MARKET DYNAMICS
19. Introduction
20. Drivers
21. Growing Construction Activities
22. Increasing Steel Demand from various Application
23. Restraint
24. Volatility of Raw Material Price
25. Opportunities
26. Higher Demand for Green Buildings
27. Challenges
28. Susceptible to Corrosion and Fire
29. INDUSTRY TRENDS — PORTERS FIVE FORCES ANALYSIS
30. Introduction
31. Power of Buyers
32. Power of Suppliers
33. Intensity of Competition
34. Challenges of Substitutes
35. Challenges of New Entrants
36. Macro-Economic Indicators
37. GLOBAL STEEL REBAR MARKET BY TYPE, Market Size in USD Million and Volume in Kiloton (2019–2027)
38. Introduction
39. Plain Reinforced
40. Deformed Reinforced
41. GLOBAL STEEL REBAR MARKET BY APPLICATION, Market Size in USD Million and Volume in Kiloton (2019–2027)
42. Introduction
43. Residential
44. Commercial
45. Public Infrastructure
46. Others
47. GLOBAL STEEL REBAR MARKET BY REGION, Market Size in USD Million and Volume in Kiloton (2019–2027)
48. North America
49. US
50. Canada
51. Mexico
52. Europe
53. Germany
54. UK
55. France
56. Italy
57. Spain
58. Russia
59. Rest of Europe
60. Asia-Pacific
61. China
62. India
63. Japan
64. South Korea
65. Indonesia
66. Malaysia
67. Rest of Asia-Pacific
68. Middle East and Africa
69. Saudi Arabia
70. UAE
71. Israel
72. South Africa
73. Rest of Middle East and Africa
74. South America
75. Brazil
76. Argentina
77. Peru
78. Chile
79. Rest of South America
80. COMPETITIVE LANDSCAPE
81. Introduction
82. Market Ranking/Share Analysis of Key Companies
83. Company Benchmarking
84. COMPANY PROFILES
85. ArcelorMittal
86. Company Overview
87. Financial Overview
88. Products/Solutions/Services Offered
89. Key Developments
90. SWOT Analysis
91. POSCO
92. NIPPON STEEL CORPORATION
93. HBIS GROUP
94. Gerdau S/A
95. China Ansteel Group Corporation Limited
96. Jiangsu Shagang Group
97. Tata Steel
98. Nucor Corporation
99. Contractors Materials Company
100. Mechel
101. Outokumpu
102. Daido Steel Co., Ltd.
103. Acerinox S.A.
104. JSW
105. Hyundai Steel
106. Other Key Companies
107. APPENDIX
108. Key Industry Expert Insights
109. Primary Discussion Guide
110. Customization Options

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