Global Steel Rebar Market Industry Analysis, Challenges, Drivers, Trends and Forecast to 2025

According to IMARC Group’s latest report, titled “Steel Rebar Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global steel rebar market to continue its moderate growth during the next five years.

Steel rebar or reinforcement steel is a steel bar or mesh of steel wire used to reinforce and support concrete and other stone structures. It is manufactured using carbon steel, welded wire fabric, epoxy, stainless steel, galvanized and glass-fiber reinforced polymers, iron, sheet-metal, carbon, sulfur and phosphorus. Steel rebars are available in various sizes and shapes like round, square-twisted, ribbed, stretched and ribbed-twisted. They offer numerous advantages, such as high durability, malleability, tensile strength, and thermal resistance.

Get a PDF Sample for more detailed market insights:
https://www.imarcgroup.com/steel-rebar-market/requestsample

Market Trends

Significant growth in the construction industry over the years is primarily driving the market. Steel Rebars are widely used to construct modern infrastructures like skyscrapers, roadways, sewage tunnels, airports and stadiums. They are utilized as prestressed reinforcing bar in construction activities to minimize the slippage and cracking and improve bonding with the cement beams and columns. Additionally, several product innovations, such as the development of thermo-mechanical technology that improves the quality of rebars, are further catalyzing the market growth. Various manufacturers are introducing advanced variants with superior tensile strength, ductility and corrosion resistance properties which will further continue to drive the market for steel rebar in the coming years.

The report has segmented the market on the basis of product type, process, finishing type, end use and region.

Breakup by Product Type:
  • Deformed
  • Mild
Breakup by Process:
  • Basic Oxygen Steelmaking
  • Electric Arc Furnace
Breakup by Finishing Type:
  • Epoxy
  • Coated
  • Black
Breakup by End Use:
  • Residential
  • Commercial
  • Industrial
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/steel-rebar-market

Breakup by Region:
  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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