Some of the key players in Steel Rebar Market include ACERINOX S.A, Ansteel Group Corporation Limited, ArcelorMittal, Bluescope Steel Limited, Nippon Steel & Sumitomo Metal Corporation, Nucor Coporation, OUTOKUMPU OYJ, SAIL, Steel Dynamics and TATA Steels
Gaithersburg, Maryland, United States – April 24, 2020 /MarketersMedia/ —
Some of the key factors propelling the market growth are rising in production of oil & gas and rise in the capacity of refineries across the globe. However, the corrosion tendency of ferrous materials is the restraining factor for the growth of the market.
Request for sample here: https://www.strategymrc.com/report/steel-rebar-market/request-sample
Steel Rebar is also known as reinforcing bar is widely used in the construction industry majorly in concrete reinforcement. It serves as a tensioning device and assists to hold the concrete in a compressed state. Concrete can carry a heavy load for compression but is very weak in tension. To allow concrete to hold tensile load, steel rebar is used. Steel rebar is frequently used for concrete construction its thermal co-efficient value is close to the thermal co-efficient value of concrete. Concrete exhibits high strength when condensed, but is equally weak under tension. Steel rebar acts as the tensioning device, thus providing strength to concrete structures. It makes these structures stable under strength and tension.
By end user, oil and gas segment is expected to grow at the significant market share during the forecast period due to increase in the capacity of refineries across the globe, and these refineries will generate a demand for steel rebar for use in conduits. Steel rebar used in the oil and gas, and other manufacturing industries such as pharmaceuticals and fertilizer plants are generally epoxy coated in order to resist corrosion. The epoxy-coated steel rebar market is poised to witness growth in coming years.
Access the complete report at: https://www.strategymrc.com/report/steel-rebar-market
On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to increase in construction activities across the country which is significantly supporting the steel rebar market. Additionally, Indonesia, Malaysia, and Japan are observing increased infrastructural development, which is boosting the APAC steel rebar market. Population growth in countries such as China and India is also creating growth prospects for the real estate industry in these countries, which in turn is creating opportunities for the APAC steel rebar market.
Make an inquiry at: https://www.strategymrc.com/report/steel-rebar-market
Products Covered:
• Mild
• Deformed
Processes Covered:
• Electric Arc Furnace
• Basic Oxygen Steelmaking
Finishing Types Covered:
• Black Rebar
• Epoxy Coated Rebar
• Fabricated Rebar
End Users Covered:
• Residential buildings
• Oil and Gas
• Manufacturing
• Industrial
• Housing
• Construction & Infrastructure
Applications Covered:
• Wall
• Structural Floor
• Stairs
• Roof
• Road Pavements
• Floor Slab
• Drainage Structures
• Concrete Cannels
• Box Culverts
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
Follow us on Twitter: https://twitter.com/StratisticsMRC
Follow us on LinkedIn at: https://www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile
About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com/
Source: MarketersMedia
Release ID: 88955018
