Uploaded on Apr 12, 2022
The steel rebar market value is expected to undergo great gains. The growth in its market value can be attributed to the rise in demand of its application especially by the construction and manufacturing industries. Data Bridge Market Research analyses that the steel rebar market will witness a CAGR of 4.75% for the forecast period of 2021-2028. https://www.databridgemarketresearch.com/reports/global-steel-rebar-market
Steel Rebar Market Size, Share, Latest Trends, Business Strategies and Forecast by 2028
Steel Rebar Market Size, Share, Latest Trends, Business
Strategies and Forecast by 2028
Steel Rebar Market document has been prepared by making sure that all the above
mentioned things are understood well to provide the market report that has complete
overview of the market, covering various aspects such as product definition, market
segmentation based on various parameters, and the prevailing vendor landscape.
All the data and information collected in this report for research and analysis is
represented in the form of graphs, charts or tables for the sensible understanding of
users. The Steel Rebar Market business report makes use of an excellent research
methodology which focuses on market share analysis and key trend analysis.
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Market Analysis and Insights
The steel rebar market value is expected to undergo great gains. The growth in its market
value can be attributed to the rise in demand of its application especially by the
construction and manufacturing industries. Data Bridge Market Research analyses that
the steel rebar market will witness a CAGR of 4.75% for the forecast period of 2021-
2028.
Steel rebar is a steel bar or mesh of steel wires that are used to provide tensile strength
to the concrete. Steel rebar is used in the construction of roads, bridges, dams, houses
because of its physical properties. It provides a strong foundation for the structure being
built or constructed and strengthens and aids the concrete under tension. Concrete can
carry heavy loads for compression but it has a weak tensile strength. This is where steel
rebar assumes its role.
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Major Key Players
Some of the major players operating in this market are :
• Gerdau S/A
• NIPPON STEEL CORPORATION.
• POSCO YAMATO VINA
• SAIL
• Tata Steel, Essar.
• PАО «Mechel»
• EVRAZ plc
• Sohar Steel Group
• KOBE STEEL
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Market Segmentation
• By Process (Basic Oxygen Steelmaking and Electric Arc Furnace)
• By Application (Infrastructure, Housing, Industrial and Others)
• By Finishing Type (Epoxy, Coated and Black)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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