Steel Rebar Market Analysis and Industrial Forecast, 2017 – 2024 - PowerPoint PPT Presentation

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Steel Rebar Market Analysis and Industrial Forecast, 2017 – 2024

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Title: Steel Rebar Market Analysis and Industrial Forecast, 2017 – 2024


1
Steel Rebar Market Global Industry Analysis
Report, Share, Growth, Price Trends and Forecast,
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Steel Rebar Market
  • Rapid growth in residential, commercial and
    industrial infrastructure has augmented their
    usage.
  • Cement and concrete shall grow at above 7.5 in
    next seven years and is expected to drive steel
    rebar market.
  • These are used in renewable energy infrastructure
    that includes wind mills as they require high
    tensile strength and property to endure stress
    and fatigue.
  • These are used as tensioning agents in
    construction for holding concrete in compressed
    state as concrete has low strength.

3
Continued...
  • As per the finish, steel rebar market is
    bifurcated into black, epoxy coated and
    fabricated rebar. These are as per the required
    properties and end applications.
  • Construction industry has substantial share owing
    to continuous increasing population and drift of
    people towards urban areas.
  • Asia Pacific has substantial share in global
    steel rebar market with growing construction
    industry in India and China. China has planned to
    increase number of airports to 245 till 2020 that
    shall spur its usage.
  • There has been as increase in government spending
    in structures including highway, bridges and
    pillars that employ them to enhance
    infrastructure durability. Marine industry uses
    epoxy coated for protection against corrosion.

4

Browse Full Market Research Report On Steel
Rebar Market _at_ http//bit.ly/2fgAKr9
Request for a table of content
_at_ https//www.gminsights.com/request-sample/detail
/2081 https//www.gminsights.com/request-
sample/detail/49
5
360 Analysis
  • Product Analysis
  • Declining raw material prices provide a positive
    outlook to the industry. Advancement in
    manufacturing technologies has helped in
    improving its thermo mechanical properties.
    Growth of construction industry in emerging
    economies shall propel its demand in forecast
    period.
  • Regional Analysis
  • North America led by the U.S. has significant
    share owing to growing oil gas pipeline
    structures. Increasing government initiatives for
    public infrastructures and smart cities shall
    augment steel rebar market. Europe has moderate
    share with developing infrastructure and rising
    imports.
  • Competitive Market Share
  • Steel rebar market is quite fragmented with
    presence of regional and local players. Prominent
    players include ArcelorMittal, Nucor Corporation,
    Tillos, Nippon, Posco, SAIL, Tata, Essar, Kobe,
    Commercial Metals Company, Jindal, Hyundai, Byer
    and Gerdau are strengthening their sales and
    distribution channel to enhance market
    penetration.


6
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