11 months ago

Pdf-Steel Rebar Market Trends Report & Forecast, 2017 – 2024

North America

North America Steel Rebar Market, By Application, 2013-2024, (Million Tons) Browse key industry insights spread across 350 pages with 257 market data tables & 11 figures & charts from the report, “Steel Rebar Market Size By Product (Deformed, Mild), By Process (Basic Oxygen Steelmaking, Electric Arc Furnace), By Application (Residential Buildings, Public Infrastructure, Industrial), Industry Analysis Report, Regional Outlook (U.S., Canada, Austria, Czech Republic, France, Germany, Italy, Netherlands, Poland, Romania, Spain, Sweden, UK, Turkey, Russia, Ukraine, China, India, Japan, Australia & NZ, Brazil, Argentina, Mexico, South Africa, UAE, Saudi Arabia), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 2024”. Deformed steel rebar market is expected to witness growth over 4.5% up to 2024. Strong application outlook for constructing bridges, roads, floor slabs and columns will propel segment growth. Key properties such as better corrosion resistance, high durability and tensile strength are stimulating product demand. Electric arc furnace estimated to surpass 180 million tons by 2024. Rising awareness associated with waste generation & disposal during processing likely to propel electric arc furnace process adoption rate. Factors such as quality control, low cost processing and environmental concern are expected to propel market growth. © 2017 Global Market Insights Inc. All Rights Reserved

Asia Pacific steel rebar market will witness 5% growth over the forecast period. As per industry experts, Malaysia, Philippines and Indonesia are anticipated to invest heavily in new infrastructure projects, supported by public & private investment. Rising income level coupled with affordable housing loans will augment demand for new residential buildings. Increasing urbanization rate and demand for sustainable buildings will further drive regional growth. Europe steel rebar market accounted over 15% market share in 2016. Increased government spending to strengthen transport infrastructure will drive product demand. For instance, Slovakia is anticipated to invest USD 4 billion for transport infrastructure investments, of which USD 1.7 billion allocated for road construction projects. Furthermore, renovation of existing schools, hospitals, and hotel chains will propel product market size. Key industry players are ArcelorMittal, Acerinox, Essar, Nippon & Sumitomo Metal Corporation, Gerdau, Tata, Jindal, Commercial Metals Company and SAIL. Other prominent industry players are Daido, Hyundai, NJR, Kobe and Byer. Manufacturers are anticipated to adopt merger & acquisition strategy to gain competitive advantage. For instance, Commercial Metals Company acquired U.S. steel rebar mills and fabrication assets from Gerdau valued USD 600 million to enhance market share. Request for A Sample Copy of This Report@ About Global Market Insights Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. © 2017 Global Market Insights Inc. All Rights Reserved

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