Steel Round Bars Market

Steel Round Bars Market, By Material Type (Carbon Steel Round Bars, Alloy Steel Round Bars, Stainless Steel Round Bars, Tool Steel Round Bars, Other Material Types), By Diameter Range (Small-Diameter Round Bars (below 20mm), Medium-Diameter Round Bars (20mm to 100mm), Large-Diameter Round Bars (above 100mm)), By Manufacturing Process (Hot Rolled Round Bars, Cold Rolled Round Bars, Forged Round Bars), By End-Use Industry (Construction, Automotive, Manufacturing, Oil and Gas, Aerospace, Energy and Power Generation, Mining and Metal Extraction, Shipbuilding, Others), By Application (Structural Components, Shafts and Axles, Fasteners and Bolts, Gears and Bearings, Tools and Dies, Springs and Connectors, Others), By Distribution Channel (Direct Sales (Manufacturer to End-User), Distributors/Wholesalers, Online Retailers, Others), And By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030


Steel round bars are essential components in various industries, prized for their versatility and strength. These cylindrical metal bars are forged from robust steel, ensuring exceptional durability and resilience under immense pressure and fluctuating temperatures. With a wide range of diameters and grades available, steel round bars find applications in construction, manufacturing, automotive and engineering sectors, among others. Their exceptional mechanical properties make them ideal for machining, welding and forming into diverse shapes. As a cornerstone of modern engineering, steel round bars play a pivotal role in supporting structures and machinery, making them indispensable in today’s industrial landscape.

Market Dynamics:

Infrastructure development, construction industry growth, manufacturing and industrial sectors is anticipated to drive growth of the global Steel Round Bars market over the forecast period. Moreover, automotive industry demand is also expected to boost the growth of the global Steel Round Bars market over the forecast period. Growing demand for high-strength and speciality steel, infrastructure development and construction and construction projects, technological advancements in steel manufacturing and sustainable and eco-friendly steel round bars are expected to create growth opportunities for the global steel round bars market during the forecast period.

However, fluctuating raw material prices, intense competition and price pressure, slowdown in construction and infrastructure projects are expected to hamper growth of the Steel Round Bars market over the forecast period.

Key features of the study:
  • This report provides in-depth analysis of the Steel Round Bars market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the Steel Round Bars market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include ArcelorMittal, Nippon Steel Corporation, POSCO, Tata Steel, Baosteel Group Corporation, JFE Steel Corporation, Thyssenkrupp AG, Nucor Corporation, Hyundai Steel, SAIL (Steel Authority of India Limited), Outokumpu Oyj, Gerdau S.A., SSAB AB, Acerinox S.A., Tenaris S.A.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The Steel Round Bars market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Steel Round Bars market
Detailed Segmentation:
  • Global Steel Round Bars Market Segmentation, By Material Type:
  • Carbon Steel Round Bars
  • Alloy Steel Round Bars
  • Stainless Steel Round Bars
  • Tool Steel Round Bars
  • Other Material Types
  • Global Steel Round Bars Market Segmentation, By Diameter Range:
  • Small-Diameter Round Bars (below 20mm)
  • Medium-Diameter Round Bars (20mm to 100mm)
  • Large-Diameter Round Bars (above 100mm)
  • Global Steel Round Bars Market Segmentation, By Manufacturing Process:
  • Hot Rolled Round Bars
  • Cold Rolled Round Bars
  • Forged Round Bars
  • Global Steel Round Bars Market Segmentation, By End Use Industry:
  • Construction
  • Automotive
  • Manufacturing
  • Oil and Gas
  • Aerospace
  • Energy and Power Generation
  • Mining and Metal Extraction
  • Shipbuilding
  • Others
  • Global Steel Round Bars Market Segmentation, By Application:
  • Structural Components
  • Shafts and Axles
  • Fasteners and Bolts
  • Gears and Bearings
  • Tools and Dies
  • Springs and Connectors
  • Others
  • Global Steel Round Bars Market Segmentation, By Distribution Channel:
  • Direct Sales (Manufacturer to End User)
  • Distributors/Wholesalers
  • Online Retailers
  • Others
  • Global Steel Round Bars Market Segmentation, By Geography:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  • Company Profile:
  • ArcelorMittal
  • Nippon Steel Corporation
  • POSCO
  • Tata Steel
  • Baosteel Group Corporation
  • JFE Steel Corporation
  • Thyssenkrupp AG
  • Nucor Corporation
  • Hyundai Steel
  • SAIL (Steel Authority of India Limited)
  • Outokumpu Oyj
  • Gerdau S.A.
  • SSAB AB
  • Acerinox S.A.
  • Tenaris S.A.


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Material Type
Market Snapshot, By Diameter Range
Market Snapshot, By Manufacturing Process
Market Snapshot, By End Use Industry
Market Snapshot, By Application
Market Snapshot, By Distribution Channel
Market Snapshot, By Geography
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Infrastructure development
Restraints
Intense competition and price pressure
Opportunities
Growing demand for high-strength and specialty steel
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Steel Round Bars Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Steel Round Bars Market , By Material Type, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Carbon Steel Round Bars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Alloy Steel Round Bars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Stainless Steel Rounnd Bars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Tool Steel Rounnd Bars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Other Material Types
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
6. Global Steel Round Bars Market , By Diameter Range, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Small-Diameter Round Bars (below 20mm)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Medium-Diameter Round Bars (20mm to 100mm)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Large-Diameter Round Bars (above 100mm)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
7. Global Steel Round Bars Market, By Manufacturing Process, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Hot Rolled Round Bars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Cold Rolled Round Bars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Forged Round Bars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
8. Global Steel Round Bars Market , By End Use Industry, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Construction
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Automotive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Stainless Steel Rounnd Bars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Oil and Gas
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Aerospace
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Energy and Power Generation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Mining and Metal Extraction
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Shipbuilding
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
9. Global Steel Round Bars Market , By Application, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Structural Components
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Shafts and Axles
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Fasteners and Bolts
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Gears and Bearings
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Tools and Dies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Springs and Connectors
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
10. Global Steel Round Bars Market , By Distribution Channel, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Direct Sales (Manufacturer to End-User)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Distributors/Wholesalers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Online Retailers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
11. Global Steel Round Bars Market , By Region, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2018 –2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Diameter Range , 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Manufacturing Process, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Diameter Range , 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Manufacturing Process, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Diameter Range , 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Manufacturing Process, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Diameter Range , 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Manufacturing Process, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
Middle East and South Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Diameter Range , 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Manufacturing Process, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
12. Competitive Landscape
ArcelorMittal
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Nippon Steel Corporation
POSCO
Tata Steel
Baosteel Group Corporation
JFE Steel Corporation
Thyssenkrupp AG
Nucor Corporation
Hyundai Steel
SAIL (Steel Authority of India Limited)
Outokumpu Oyj
Gerdau S.A.
SSAB AB
Acerinox S.A.
Tenaris S.A.
Analyst Views
13. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on "Steel Round Bars Market” - Global forecast to 2030

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