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Steel Rebar Market Share

Report ID: GMI2081
Published Date: Jul 2024
Report Format: PDF

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Steel Rebar Market Share

The Steel Rebar industry is highly fragmented in nature due to the presence of local and global players. In 2023, the market players, such as ArcelorMittal, Nippon Steel Corporation, Tata Steel, Nucor Corporation and Gerdau SA, collectively held around 15%-20% market share. These prominent players are proactively involved in strategic endeavors such as mergers & acquisitions and facility expansions & collaborations to diversify the product portfolios, expand the customer base, and strengthen its market position.

Steel Rebar Market Companies

Major players operating in the Steel Rebar industry are:

Acerinox S.A
ArcelorMittal
Commercial Metals Company
Daido Steel Co Ltd
Gerdau S/A
HBIS Group
Jiangsu Shagang Group
JSW
NIPPON STEEL CORPORATION
NLMK
Nucor
POSCO HOLDINGS INC.
SAIL
Steel Dynamics, Inc
Tata Steel

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of steel rebar was reached USD 147.1 billion in 2023 and is anticipated to register 4.9% CAGR between 2024 and 2032, due to the increasing investment in infrastructure development projects and construction activities.

The deformed segment in the steel rebar market is expected to witness 5% CAGR during 2024 to 2032, due to its curved surface which improves material adhesion and lowers slippage in concrete.

Asia Pacific steel rebar market is projected to reach USD 148.4 billion by 2032, due to the growing economies and increasing construction activity in countries, such as China and India.

Acerinox S.A, ArcelorMittal, Commercial Metals Company, Daido Steel Co Ltd, Gerdau S/A, HBIS Group, Jiangsu Shagang Group, JSW, NIPPON STEEL CORPORATION, NLMK, and Nucor, among others.