Steel Rebar

Steel Rebar

Global Steel Rebars Market to Reach $256.5 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Steel Rebars estimated at US$194.2 Billion in the year 2020, is projected to reach a revised size of US$256.5 Billion by 2027, growing at aCAGR of 4% over the period 2020-2027. Deformed Steel, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$184.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Mild Steel segment is readjusted to a revised 3.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $53.3 Billion, While China is Forecast to Grow at 6.9% CAGR

The Steel Rebars market in the U.S. is estimated at US$53.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$50.5 Billion by the year 2027 trailing a CAGR of 6.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Select Competitors (Total 12 Featured) -

• Acerinox SA
• ArcelorMittal
• Barnes Reinforcing Industries
• Byer Steel Corporation
• Celsa Steel (UK) Ltd.
• Commercial Metals Company (CMC)
• Daido Steel Co., Ltd.
• Essar Steel India Ltd.
• EVRAZ PLC
• Gerdau SA
• Hyundai Steel Co., Ltd.
• Jiangsu Shagang Group
• Jindal Steel & Power Ltd.
• Kobe Steel Ltd.
• MECHEL PAO
• Nippon Steel & Sumitomo Metal Corporation
• Njr Steel
• Outokumpu Oyj
• POSCO SS VINA (PSSV)
• Sohar Steel LLC.
• Steel Authority of India Ltd. (SAIL)
• Steel Dynamics, Inc.
• SteelAsia Manufacturing Corporation
• Tata Steel Ltd.
• The Conco Companies

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