Global Steel Round Bars Market Growth 2023-2029

Global Steel Round Bars Market Growth 2023-2029

Steel round bars refer to long-solid steel bars with the circular cross-section. Diameter is one of specifications and expressed in millimeters (mm).

Steel round bars include hot-rolled, forged and cold-rolled steel bars.

LPI (LP Information)' newest research report, the “Steel Round Bars Industry Forecast” looks at past sales and reviews total world Steel Round Bars sales in 2022, providing a comprehensive analysis by region and market sector of projected Steel Round Bars sales for 2023 through 2029. With Steel Round Bars sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Steel Round Bars industry.

This Insight Report provides a comprehensive analysis of the global Steel Round Bars landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Steel Round Bars portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Steel Round Bars market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Steel Round Bars and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Steel Round Bars.

The global Steel Round Bars market size is projected to grow from US$ 42990 million in 2022 to US$ 56360 million in 2029; it is expected to grow at a CAGR of 56360 from 2023 to 2029.

The technical barriers of steel round bars are relatively low, resulting in low level concentration degree. There are numerous enterprises in the market, and larger companies in in Europe steel round bars market include Riva Group, Sidenor, Tata Steel, Sandvik Materials Technology, Saarstahl, DEW-STAHL, IMS - SCHMOLZ+BICKENBACH, Ascometal. Central Europe is the largest producer and consumer, more than 28% on production and consumption share.

This report presents a comprehensive overview, market shares, and growth opportunities of Steel Round Bars market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Hot-Rolled Steel Round Bars
Cold-Rolled Steel Round Bars
Forged Steel Round Bars

Segmentation by application
Transportation and Automotive
Industrial Application
Construction
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ArcelorMittal
NSSMC
Shandong Iron& Steel
CITIC Special Steel
Lingyuan Iron& Steel
Jiangsu Shagang Group
Hanggang
Georgsmarienhütte GmbH
Riva Group
Grupo Simec
Tata Steel
Sandvik Materials Technology
JFE Steel
Sidenor
OVAKO
Saarstahl
Dongbei Special Steel
Outokumpu
SCHMOLZ+BICKENBACH
Steel Annahütte

Key Questions Addressed in this Report

What is the 10-year outlook for the global Steel Round Bars market?

What factors are driving Steel Round Bars market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Steel Round Bars market opportunities vary by end market size?

How does Steel Round Bars break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.