Steel Round Bars Market - Global Steel Round Bars Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Manufacturing Process Coverage, By End-use Industry Coverage, By Material type Coverage, By Geographic Coverag

Steel Round Bars Market - Global Steel Round Bars Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Manufacturing Process Coverage, By End-use Industry Coverage, By Material type Coverage, By Geographic Coverage and By Company)


Steel Round Bars Market Set to Reach US$ 3.9 Billion by 2030, Driven by Infrastructure Development and Rising Demand for High-Performance Steel
The global steel round bars market is poised for substantial growth, with the market size projected to reach approximately US$ 3.9 billion by 2030. This growth is expected to be driven by factors such as expanding construction and infrastructure industries, growing demand for high-performance steel, and increasing adoption in the automotive sector. According to a comprehensive report by [Your Company Name/Research Firm Name], the market is estimated to expand at a CAGR of around 4.2% between 2023 and 2030.

Key Trends Driving Market Growth:
1. Growing Construction and Infrastructure: The demand for steel round bars is on the rise due to infrastructure development, including construction of buildings, roads, bridges, and public utilities, especially in emerging economies. Steel round bars are crucial for structural components, reinforcing bars, and more in these projects.
2. Design Improvements: Steel consumers now seek high-quality steel bars with added features such as corrosion resistance, earthquake resistance, and enhanced strength. This trend is driving the market towards high-performance steel round bars.
3. Automotive Industry Demand: The automotive sector is a major market driver, with steel round bars being used for their high tensile strength, dimensional accuracy, and heat stability. They are employed in various automotive components, including axles and chassis elements.

Major Growth Barriers:
Raw Material Price Fluctuations: The market is influenced by fluctuations in raw material prices, particularly for iron ore and scrap metal.

Intensive Competition and Pricing Pressure: Intense competition among manufacturers and suppliers can lead to pricing pressure, impacting profitability.

Key Trends and Opportunities:
Adoption of High-Performing Steel:
High-performance steel with enhanced properties like high tensile strength and corrosion resistance is in high demand. Manufacturers are investing in R&D to meet these evolving customer demands.

Digitization: The steel industry is embracing digitalization and Industry 4.0 technologies, improving production processes and operational efficiency.

Customized Solutions: Customers are increasingly seeking customized solutions and value-added services, presenting an opportunity for manufacturers to differentiate themselves.

Regional Outlook:
North America:
The largest market for steel round bars, driven by a strong manufacturing base, infrastructure projects, and the automotive sector.

Europe: Witnessing significant growth due to infrastructure development, renewable energy projects, and a thriving automobile industry.

Top Companies Leading the Market:
• ArcelorMittal S.A.
• Nippon Steel Corporation
• Tata Steel Ltd.
• POSCO
• Baosteel Group Corporation
• Hyundai Steel Company
• Jiangsu Shagang Group Company Limited
• JFE Holdings Inc.
• EVRAZ plc
• Gerdau S.A.
• Thyssenkrupp AG
• Nucor Corporation
• SAIL
• Outokumpu Oyj
• Acerinox S.A.

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1. Executive Summary
1.1. Global Steel Round Bars Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value/Volume, 2022
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. Covid-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Global Steel Round Bars Market Outlook, 2018 - 2030
3.1. Global Steel Round Bars Market Outlook, by Manufacturing Process, Value (US$ Bn), 2018 - 2030
3.1.1. Key Highlights
3.1.1.1. Hot-rolled
3.1.1.2. Cold-rolled
3.1.1.3. Forged
3.2. Global Steel Round Bars Market Outlook, by Material Type, Value (US$ Bn), 2018 - 2030
3.2.1. Key Highlights
3.2.1.1. Alloy
3.2.1.2. Carbon
3.2.1.3. Mild
3.2.1.4. Stainless
3.2.1.5. Tool Steel
3.2.1.6. Others
3.3. Global Steel Round Bars Market Outlook, by End-use Industry, Value (US$ Bn), 2018 - 2030
3.3.1. Key Highlights
3.3.1.1. Transportation & Automotive
3.3.1.2. Construction
3.3.1.3. Power & Energy Generation
3.3.1.4. Oil & Gas
3.3.1.5. Manufacturing
3.3.1.6. Aerospace
3.3.1.7. Others
3.4. Global Steel Round Bars Market Outlook, by End-use Industry, Value (US$ Bn), 2018 - 2030
3.4.1. Key Highlights
3.4.1.1. North America
3.4.1.2. Europe
3.4.1.3. Asia Pacific
3.4.1.4. Latin America
3.4.1.5. Middle East & Africa
4. North America Steel Round Bars Market Outlook, 2018 - 2030
4.1. North America Steel Round Bars Market Outlook, by Manufacturing Process, Value (US$ Bn), 2018 - 2030
4.1.1. Key Highlights
4.1.1.1. Hot-rolled
4.1.1.2. Cold-rolled
4.1.1.3. Forged
4.2. North America Steel Round Bars Market Outlook, by Material Type, Value (US$ Bn), 2018 - 2030
4.2.1. Key Highlights
4.2.1.1. Alloy
4.2.1.2. Carbon
4.2.1.3. Mild
4.2.1.4. Stainless
4.2.1.5. Tool Steel
4.2.1.6. Others
4.3. North America Steel Round Bars Market Outlook, by End-use Industry, Value (US$ Bn), 2018 - 2030
4.3.1. Key Highlights
4.3.1.1. Transportation & Automotive
4.3.1.2. Construction
4.3.1.3. Power & Energy Generation
4.3.1.4. Oil & Gas
4.3.1.5. Manufacturing
4.3.1.6. Aerospace
4.3.1.7. Others
4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Steel Round Bars Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
4.4.1. Key Highlights
4.4.1.1. U.S. Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
4.4.1.2. U.S. Steel Round Bars Market by Material Type, Value (US$ Bn), 2018 - 2030
4.4.1.3. U.S. Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
4.4.1.4. Canada Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
4.4.1.5. Canada Steel Round Bars Market by Material Type, Value (US$ Bn), 2018 - 2030
4.4.1.6. Canada Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
4.4.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Steel Round Bars Market Outlook, 2018 - 2030
5.1. Europe Steel Round Bars Market Outlook, by Manufacturing Process, Value (US$ Bn), 2018 - 2030
5.1.1. Key Highlights
5.1.1.1. Hot-rolled
5.1.1.2. Cold-rolled
5.1.1.3. Forged
5.2. Europe Steel Round Bars Market Outlook, by Material Type, Value (US$ Bn), 2018 - 2030
5.2.1. Key Highlights
5.2.1.1. Alloy
5.2.1.2. Carbon
5.2.1.3. Mild
5.2.1.4. Stainless
5.2.1.5. Tool Steel
5.2.1.6. Others
5.3. Europe Steel Round Bars Market Outlook, by End-use Industry, Value (US$ Bn), 2018 - 2030
5.3.1. Key Highlights
5.3.1.1. Transportation & Automotive
5.3.1.2. Construction
5.3.1.3. Power & Energy Generation
5.3.1.4. Oil & Gas
5.3.1.5. Manufacturing
5.3.1.6. Aerospace
5.3.1.7. Others
5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Steel Round Bars Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
5.4.1. Key Highlights
5.4.1.1. Germany Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
5.4.1.2. Germany Steel Round Bars Market Material Type, Value (US$ Bn), 2018 - 2030
5.4.1.3. Germany Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
5.4.1.4. U.K. Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
5.4.1.5. U.K. Steel Round Bars Market Material Type, Value (US$ Bn), 2018 - 2030
5.4.1.6. U.K. Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
5.4.1.7. France Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
5.4.1.8. France Steel Round Bars Market Material Type, Value (US$ Bn), 2018 - 2030
5.4.1.9. France Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
5.4.1.10. Italy Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
5.4.1.11. Italy Steel Round Bars Market Material Type, Value (US$ Bn), 2018 - 2030
5.4.1.12. Italy Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
5.4.1.13. Turkey Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
5.4.1.14. Turkey Steel Round Bars Market Material Type, Value (US$ Bn), 2018 - 2030
5.4.1.15. Russia Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
5.4.1.16. Russia Steel Round Bars Market by Material Type, Value (US$ Bn), 2018 - 2030
5.4.1.17. Russia Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
5.4.1.18. Rest of Europe Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
5.4.1.19. Rest of Europe Steel Round Bars Market Material Type, Value (US$ Bn), 2018 - 2030
5.4.1.20. Rest of Europe Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
5.4.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Steel Round Bars Market Outlook, 2018 - 2030
6.1. Asia Pacific Steel Round Bars Market Outlook, by Manufacturing Process, Value (US$ Bn), 2018 - 2030
6.1.1. Key Highlights
6.1.1.1. Hot-rolled
6.1.1.2. Cold-rolled
6.1.1.3. Forged
6.2. Asia Pacific Steel Round Bars Market Outlook, by Material Type, Value (US$ Bn), 2018 - 2030
6.2.1. Key Highlights
6.2.1.1. Alloy
6.2.1.2. Carbon
6.2.1.3. Mild
6.2.1.4. Stainless
6.2.1.5. Tool Steel
6.2.1.6. Others
6.3. Asia Pacific Steel Round Bars Market Outlook, by End-use Industry, Value (US$ Bn), 2018 - 2030
6.3.1. Key Highlights
6.3.1.1. Transportation & Automotive
6.3.1.2. Construction
6.3.1.3. Power & Energy Generation
6.3.1.4. Oil & Gas
6.3.1.5. Manufacturing
6.3.1.6. Aerospace
6.3.1.7. Others
6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Steel Round Bars Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
6.4.1. Key Highlights
6.4.1.1. China Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
6.4.1.2. China Steel Round Bars Market Material Type, Value (US$ Bn), 2018 - 2030
6.4.1.3. China Steel Round Bars Market End-use Industry, Value (US$ Bn), 2018 - 2030
6.4.1.4. Japan Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
6.4.1.5. Japan Steel Round Bars Market Material Type, Value (US$ Bn), 2018 - 2030
6.4.1.6. Japan Steel Round Bars Market End-use Industry, Value (US$ Bn), 2018 - 2030
6.4.1.7. South Korea Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
6.4.1.8. South Korea Steel Round Bars Market Material Type, Value (US$ Bn), 2018 - 2030
6.4.1.9. South Korea Steel Round Bars Market End-use Industry, Value (US$ Bn), 2018 - 2030
6.4.1.10. India Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
6.4.1.11. India Steel Round Bars Market Material Type, Value (US$ Bn), 2018 - 2030
6.4.1.12. India Steel Round Bars Market End-use Industry, Value (US$ Bn), 2018 - 2030
6.4.1.13. Southeast Asia Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
6.4.1.14. Southeast Asia Steel Round Bars Market Material Type, Value (US$ Bn), 2018 - 2030
6.4.1.15. Southeast Asia Steel Round Bars Market End-use Industry, Value (US$ Bn), 2018 - 2030
6.4.1.16. Rest of Asia Pacific Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
6.4.1.17. Rest of Asia Pacific Steel Round Bars Market Material Type, Value (US$ Bn), 2018 - 2030
6.4.1.18. Rest of Asia Pacific Steel Round Bars Market End-use Industry, Value (US$ Bn), 2018 - 2030
6.4.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Steel Round Bars Market Outlook, 2018 - 2030
7.1. Latin America Steel Round Bars Market Outlook, by Manufacturing Process, Value (US$ Bn), 2018 - 2030
7.1.1. Key Highlights
7.1.1.1. Hot-rolled
7.1.1.2. Cold-rolled
7.1.1.3. Forged
7.2. Latin America Steel Round Bars Market Outlook, by Material Type, Value (US$ Bn), 2018 - 2030
7.2.1. Key Highlights
7.2.1.1. Alloy
7.2.1.2. Carbon
7.2.1.3. Mild
7.2.1.4. Stainless
7.2.1.5. Tool Steel
7.2.1.6. Others
7.3. Latin America Steel Round Bars Market Outlook, by End-use Industry, Value (US$ Bn), 2018 - 2030
7.3.1. Key Highlights
7.3.1.1. Transportation & Automotive
7.3.1.2. Construction
7.3.1.3. Power & Energy Generation
7.3.1.4. Oil & Gas
7.3.1.5. Manufacturing
7.3.1.6. Aerospace
7.3.1.7. Others
7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Steel Round Bars Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
7.4.1. Key Highlights
7.4.1.1. Brazil Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
7.4.1.2. Brazil Steel Round Bars Market by Application, Value (US$ Bn), 2018 - 2030
7.4.1.3. Brazil Steel Round Bars Market by Material Type, Value (US$ Bn), 2018 - 2030
7.4.1.4. Brazil Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
7.4.1.5. Mexico Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
7.4.1.6. Mexico Steel Round Bars Market by Application, Value (US$ Bn), 2018 - 2030
7.4.1.7. Mexico Steel Round Bars Market by Material Type, Value (US$ Bn), 2018 - 2030
7.4.1.8. Mexico Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
7.4.1.9. Argentina Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
7.4.1.10. Argentina Steel Round Bars Market Application, Value (US$ Bn), 2018 - 2030
7.4.1.11. Argentina Steel Round Bars Market Material Type, Value (US$ Bn), 2018 - 2030
7.4.1.12. Argentina Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
7.4.1.13. Rest of Latin America Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
7.4.1.14. Rest of Latin America Steel Round Bars Market by Application, Value (US$ Bn), 2018 - 2030
7.4.1.15. Rest of Latin America Steel Round Bars Market by Material Type, Value (US$ Bn), 2018 - 2030
7.4.1.16. Rest of Latin America Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
7.4.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Steel Round Bars Market Outlook, 2018 - 2030
8.1. Middle East & Africa Steel Round Bars Market Outlook, by Manufacturing Process, Value (US$ Bn), 2018 - 2030
8.1.1. Key Highlights
8.1.1.1. Hot-rolled
8.1.1.2. Cold-rolled
8.1.1.3. Forged
8.2. Middle East & Africa Steel Round Bars Market Outlook, by Material Type, Value (US$ Bn), 2018 - 2030
8.2.1. Key Highlights
8.2.1.1. Alloy
8.2.1.2. Carbon
8.2.1.3. Mild
8.2.1.4. Stainless
8.2.1.5. Tool Steel
8.2.1.6. Others
8.3. Middle East & Africa Steel Round Bars Market Outlook, by End-use Industry, Value (US$ Bn), 2018 - 2030
8.3.1. Key Highlights
8.3.1.1. Transportation & Automotive
8.3.1.2. Construction
8.3.1.3. Power & Energy Generation
8.3.1.4. Oil & Gas
8.3.1.5. Manufacturing
8.3.1.6. Aerospace
8.3.1.7. Others
8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Steel Round Bars Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
8.4.1. Key Highlights
8.4.1.1. GCC Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
8.4.1.2. GCC Steel Round Bars Market by Material Type, Value (US$ Bn), 2018 - 2030
8.4.1.3. GCC Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
8.4.1.4. South Africa Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
8.4.1.5. South Africa Steel Round Bars Market by Material Type, Value (US$ Bn), 2018 - 2030
8.4.1.6. South Africa Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
8.4.1.7. Egypt Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
8.4.1.8. Egypt Steel Round Bars Market by Material Type, Value (US$ Bn), 2018 - 2030
8.4.1.9. Egypt Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
8.4.1.10. Nigeria Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
8.4.1.11. Nigeria Steel Round Bars Market by Material Type, Value (US$ Bn), 2018 - 2030
8.4.1.12. Nigeria Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
8.4.1.13. Rest of Middle East & Africa Steel Round Bars Market by Manufacturing Process, Value (US$ Bn), 2018 - 2030
8.4.1.14. Rest of Middle East & Africa Steel Round Bars Market by Material Type, Value (US$ Bn), 2018 - 2030
8.4.1.15. Rest of Middle East & Africa Steel Round Bars Market by End-use Industry, Value (US$ Bn), 2018 - 2030
8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. Material Type vs Application Heatmap
9.2. Manufacturer vs Application Heatmap
9.3. Company Market Share Analysis, 2022
9.4. Competitive Dashboard
9.5. Company Profiles
9.5.1. ArcelorMittal S.A.
9.5.1.1. Company Overview
9.5.1.2. Product Portfolio
9.5.1.3. Financial Overview
9.5.1.4. Business Strategies and Development
9.5.2. Nippon Steel Corporation
9.5.2.1. Company Overview
9.5.2.2. Product Portfolio
9.5.2.3. Financial Overview
9.5.2.4. Business Strategies and Development
9.5.3. Tata Steel Ltd.
9.5.3.1. Company Overview
9.5.3.2. Product Portfolio
9.5.3.3. Financial Overview
9.5.3.4. Business Strategies and Development
9.5.4. POSCO
9.5.4.1. Company Overview
9.5.4.2. Product Portfolio
9.5.4.3. Financial Overview
9.5.4.4. Business Strategies and Development
9.5.5. Baosteel Group Corporation
9.5.5.1. Company Overview
9.5.5.2. Product Portfolio
9.5.5.3. Financial Overview
9.5.5.4. Business Strategies and Development
9.5.6. Hyundai Steel Company
9.5.6.1. Company Overview
9.5.6.2. Product Portfolio
9.5.6.3. Financial Overview
9.5.6.4. Business Strategies and Development
9.5.7. Jiangsu Shagang Group Company Limited
9.5.7.1. Company Overview
9.5.7.2. Product Portfolio
9.5.7.3. Financial Overview
9.5.7.4. Business Strategies and Development
9.5.8. JFE Holdings Inc.
9.5.8.1. Company Overview
9.5.8.2. Product Portfolio
9.5.8.3. Financial Overview
9.5.8.4. Business Strategies and Development
9.5.9. EVRAZ plc
9.5.9.1. Company Overview
9.5.9.2. Product Portfolio
9.5.9.3. Business Strategies and Development
9.5.10. Gerdau S.A.
9.5.10.1. Company Overview
9.5.10.2. Product Portfolio
9.5.10.3. Financial Overview
9.5.10.4. Business Strategies and Development
9.5.11. Thyssenkrupp AG
9.5.11.1. Company Overview
9.5.11.2. Product Portfolio
9.5.11.3. Financial Overview
9.5.11.4. Business Strategies and Development
9.5.12. Nucor Corporation
9.5.12.1. Company Overview
9.5.12.2. Product Portfolio
9.5.12.3. Financial Overview
9.5.12.4. Business Strategies and Development
9.5.13. Outokumpu Oyj
9.5.13.1. Company Overview
9.5.13.2. Product Portfolio
9.5.13.3. Financial Overview
9.5.13.4. Business Strategies and Development
9.5.14. Acerinox S.A.
9.5.14.1. Company Overview
9.5.14.2. Product Portfolio
9.5.14.3. Financial Overview
9.5.14.4. Business Strategies and Development
10. Appendix
10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations

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