Asia-Pacific Steel Rebar Market to Grow at a CAGR of 9.0% (2017-2025)

Asia-Pacific Steel Rebar Industry

New York, USA, 2018-May-17 — /EPR Network/ —According to Goldstein Research, Asia-Pacific steel rebar market is expected to reach USD 41.2 billion by the end of 2025, growing at a CAGR of 9.0% over the forecast period, 2017-2025. Growing rapid urbanization and growing investment in construction sector to develop infrastructure and to speed up the economic growth by developing manufacturing sector are driving the growth of Asia-Pacific steel rebar market.

Asia-Pacific Steel rebar market segmentation has been done on the basis of product type, steel rebar size, end-user and geography. Deformed steel rebar accounted for the lion market share of more than 70% of Asia Pacific steel rebar market. Further, deformed steel rebar is expected to be the fastest growing segment at a CAGR of +6% during the forecast period. Asia-Pacific Steel rebar market is dominated by China due to the augmented demand from highways, bridges & buildings, marine structures & waterfronts, and other applications such as parking structure.

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Market Segmentation

On the basis of our in-depth analysis, Asia-Pacific Steel Rebar Market can be segmented as follows:

By Product Type

  • Mild steel bars
  • Deformed steel bars

By Steel Rebar Size (mm)

  • 6-12
  • 14-20
  • 22-32
  • 40-50

By End Users

  • Infrastructure
  • Housing
  • Industrial

By region

  • China Steel Rebar {Market Share (%), Market Size (USD Billion)}
  • India Steel Rebar {Market Share (%), Market Size (USD Billion)}
  • Japan Steel Rebar {Market Share (%), Market Size (USD Billion)}
  • Australia Steel Rebar {Market Share (%), Market Size (USD Billion)}
  • Vietnam Steel Rebar {Market Share (%), Market Size (USD Billion)}
  • Philippines Steel Rebar {Market Share (%), Market Size (USD Billion)}
  • South Korea Steel Rebar {Market Share (%), Market Size (USD Billion)}
  • Thailand Steel Rebar {Market Share (%), Market Size (USD Billion)}
  • Rest of Asia Pacific Steel Rebar {Market Share (%), Market Size (USD Billion)}

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Asia-Pacific Steel Rebar Market Outlook 2024” contains detailed overview of the Asia-Pacific Steel rebar market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, steel rebar size and end-users.

Further, for the in-depth analysis, Asia-Pacific Steel Rebar Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Nippon Steel & Sumitomo Metal Corporation, Posco SS-Vina, Co. Ltd, Steel Authority of India Limited, Tata Steel Ltd., Essar Steel, Kobe Steel Ltd., Jiangsu Shagang Group, Jindal Steel & Power Ltd., Steel Asia Manufacturing Corporation, Hyundai Steel and Daido Steel Co., Ltd., etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the Asia-Pacific Steel rebar market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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