Global Steel Rebar Market: Key Highlights
Global Steel Rebar Market: Key Market Dynamics
Request Sample PDF Here: https://www.forencisresearch.com/steel-rebar-market-sample-pdf/
Global Steel Rebar Market: Regional Overview
The market for steel rebar is expected to gain high demand in Europe owing to the significant rise in construction and automotive production. Growth of the automotive sector is extremely crucial for the prosperity of the overall Europe region. The Covid-19 pandemic hitting hard automotive sector has shown a ray of shine in the European market. Despite dip in the overall automotive sales, the adoption of electric, hybrid and plug-in cars has accelerated. The new car registrations in the EU remained roughly constant at 15.1 million since 2018, with strongest growth segment accountable to the sport utility vehicle (SUV) cars.
The Asia-Pacific, one of the potential market for the steel rebar market is expected to experiencing a forward push is due to the strong growth of the new construction activities in the region. Presence of promising countries including China, Indonesia, and Malaysia among others. Improving connectivity with the significant increase in boosting investment for enhancing infrastructure is driving the market growth in the Asia-Pacific.
Global Steel Rebar Market: Key Players Overview
ArcelorMittal is a steel manufacturing company offering cold rolled, electrogalvanized and coated steels, slabs, bars, and wire rods. The company has a strong foothold in the Americas, Africa and Europe region with manufacturing in more than 15 countries and customers spread across 160 countries. In December 2019, ArcelorMittal acquired Essar Steel India Limited (India) and also signed a joint venture agreement with Nippon Steel Corporation (Japan) called ArcelorMittal Nippon Steel India Limited, which will own and operate ESIL.
Gerdau S/A is a producer of steel having strong regional presence across Latin America, Europe and Asia, with steel manufacturing facilities in 10 countries. The product range includes merchant bars, rebar, beams, piling, billets, etc. The company delivers special and long steel products used across agriculture, energy, automotive, construction, and manufacturing sector.
About Forencis Research
Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of market research reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets.
Our robust research methodology is designed to constantly map the high growth markets in various industries. This facilitates enhanced decision-making capabilities to our clients. Our robust research methodology is designed to constantly map the high growth markets in various industries. This facilitates enhanced decision-making capabilities to our clients. We strive to help our clients to foray into uncharted space to attain increased revenue growth for the present as well as the future.
Phone: +1 (720) 306 9020