Market Size (2018)
2018
$212.72B
Chemicals & Materials
Steel Rebar Market
By Segment, By Region, And Segment Forecasts, 2018 – 2030
Vertical: CNMBase Year: 202112 Sections
Executive Summary
Steel Rebar Market — Snapshot
Projected (2030)
2030
$318.43B
CAGR (2018–2030)
3.4%
3.4%Key Players
114+
This report covers Steel Rebar Market with forecasts from 2018 to 2030. 114 key companies are profiled.
Key Insight
The Steel Rebar Market market is projected to grow at a CAGR of 3.4% from 2018 to 2030.
Market Performance Trend
Historical performance and future projections (2020–2030, USD Billion)
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View Subscription PlansMarket Scope & Coverage
What this report covers
- Geographic Coverage: This analysis covers 5 regions: North America, Europe, Asia Pacific, South America, Middle East and Africa.
- Market Segmentation: The market is analyzed across 2 segments: Deformed, Mild. Forecasts are provided for each segment from 2018 to 2030.
- Competitive Landscape: 114 leading companies are profiled, covering market positioning, strategies, and recent developments.
Market Size (USD Mn)
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View Subscription PlansMarket Overview
Steel Rebar Market — Growth Trajectory
Rebar, known when massed as reinforcing steel or reinforcement steel, is a steel bar used as a tension device in reinforced concrete and reinforced masonry structures to strengthen and aid the concrete under tension. Concrete is strong under compression, but has low tensile strength.
Steel Rebar Market — Growth Trajectory
Deformed
Mild
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View Subscription PlansMarket Size Trend (USD Mn)
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View Subscription PlansMarket Dimensions
How this market is segmented
- By Type By Type is broken down into: Mild, Deformed.
- By End Use By End Use is broken down into: Infrastructure, Residential, Commercial.
Geographic Analysis
Regional market breakdown
- North America North America market size reached $8.51B in 2018 and is projected to reach $11.21B by 2030, growing at a CAGR of 2.3%.
- Europe Europe market size reached $15.15B in 2018 and is projected to reach $16.95B by 2030, growing at a CAGR of 0.9%.
- Asia Pacific Asia Pacific market size reached $164.25B in 2018 and is projected to reach $255.42B by 2030, growing at a CAGR of 3.7%.
- South America South America market size reached $9.57B in 2018 and is projected to reach $13.18B by 2030, growing at a CAGR of 2.7%.
- Middle East and Africa Middle East and Africa market size reached $15.24B in 2018 and is projected to reach $21.66B by 2030, growing at a CAGR of 3.0%.
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View Subscription PlansResearch Methodology
Steel Rebar Market — How We Researched This Market
This report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.
Base Year
2021
Historical Period
2018 – 2021
Forecast Period
2021 – 2030
Primary Interviews
150+
Research Process
Historical data (2018–2021) and forecast period (2021–2030)
1
Problem Definition
- Market scoping
- Objective setting
- Framework design
2
Secondary Research
- Literature review
- Data mining
- Trend analysis
3
Primary Research
- Expert interviews
- Field visits
- Surveys
4
Data Analysis
- Quantitative modeling
- Statistical testing
- Validation
5
Insights & Reporting
- Synthesis
- Recommendations
- Visualization
Research Depth
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
Historical vs. Forecast Data
Historical (observed)
Forecast (modelled)
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View Subscription PlansCompetitive Landscape & Porter's Five Forces
Steel Rebar Market — Competitive Analysis
Bargaining Power of Suppliers
The suppliers in the steel rebars market are primarily the providers of raw materials and components. The suppliers have a high concentration, which decreases their bargaining power. The differentiation within the raw materials and components is low, but manufacturers tend to enter into associations with the suppliers to ensure consistency in quality and uninterrupted supply. This leads to the moderate cost of switching between suppliers. Therefore, the bargaining power of suppliers in the market is expected to be moderate.
Bargaining Power of Buyers
The concentration of buyers of Steel Rebars is high, leading to a decrease in their bargaining power. Furthermore, the impact of brand identity in the global steel rebars market is moderate. The cost of switching between providers is low due to the low differentiation between the products and services, which increases the bargaining power of the buyers. Thus, the bargaining power of buyers in the global steel rebars market is expected to be moderate.
Threat of New Entrants
The players intending to enter the market are required to have permission from the regulating bodies as Steel Rebars are manufactured considering the quality parameters and standards. Furthermore, the new entrants need to invest high capital in setting up manufacturing units or warehouses. They need to develop new technologies or special features to offer distinguished products and solutions in the market. Therefore, the threat of new entrants in the market is expected to be low.
Threat of Substitutes
There are no close substitutes for Steel Rebars. So, the market players do not face much threat from substitutes, making the threat of substitutes moderate.
Intensity of Rivalry
The intensity of rivalry, among the players, in the steel rebars market is high. These players in the market are investing substantially in the global steel rebars market. Such factors are expected to make the intensity of rivalry in the global steel rebars market moderate to high.
Quantitative Analysis
Regional Breakdown
Regional market breakdown for Steel Rebar Market.
Regional Market Size (USD Mn)
Market estimates by geography (2030)
USD Mn
InsightAsia Pacific leads with $255.42B by 2030.
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View Subscription PlansRegional Market Data
| REGION | 2018 | 2021 | 2030 | CAGR | SHARE |
|---|---|---|---|---|---|
| North America | $8.51B | $8.91B | $11.21B | 2.3% | 4% |
| Europe | $15.15B | $14.75B | $16.95B | 0.9% | 5% |
| Asia Pacific | $164.25B | $186.51B | $255.42B | 3.7% | 80% |
| South America | $9.57B | $10.24B | $13.18B | 2.7% | 4% |
| Middle East and Africa | $15.24B | $16.55B | $21.66B | 3.0% | 7% |
| Total | $212.72B | $236.95B | $318.43B | 3.4% | 100% |
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View Subscription PlansSegment Revenue (2030)
Deformed
Mild
068234136468204701272935
Segment Market Share
- Deformed78%
- Mild22%
Total Market Size
$318.43B
Market by Segment (2030)
| APPLICATION | REVENUE ($B) | GROWTH RATE | MARKET PENETRATION |
|---|---|---|---|
| Deformed | $248.12B | 3.4% | 89% |
| Mild | $70.30B | 3.4% | 77% |
* Revenue projections based on 2025 estimates. Growth rates represent CAGR 2024–2030. Market penetration indicates current adoption rate within addressable market segments.
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Analytics
Steel Rebar Market — Key Findings
Analytical insights on Steel Rebar Market covering market dynamics, competitive landscape, and strategic outlook.
Key Analytical Findings
The Steel Rebar Market market is projected to reach $318.43B by 2030, growing at 3.4% CAGR. The Deformed segment holds the largest share.
Market Drivers
The market for steel rebar is primarily driven by the expanding construction and building sector because steel rebar is a crucial element in the construction of reinforced concrete structures. According to the U.S. Census Bureau, the United States' total construction output is anticipated to reach USD 1,639.86 billion in December 2021. The non-residential industry has an estimated value of USD 820.73 billion, up 3.9% from last year. Steel rebar gives concrete constructions strength and stability, increasing their durability and resistance to weather and wear and tear. Steel rebar demand is strongly correlated with the expansion of the construction sector, which is fueled by infrastructure expansion, urbanization, and population growth. The need for new structures, residences, and infrastructure projects rises as more people relocate to cities and nations continue to grow, fueling demand for steel rebar. Furthermore, the demand for steel rebar is also fueled by the shift towards environmentally friendly building techniques. Steel rebar is a recyclable material that may be used again in future construction projects, which is necessary for sustainable construction methods. The market for steel rebar is anticipated to expand in the next years due to the rising demand for environmentally friendly building materials.
Market Opportunities
The industry for steel rebar is expected to expand, along with steel rebar's innovation and development, which will open up lucrative business opportunities for established and emerging market players. High-end applications for steel rebar and fast technological advances are fostering ongoing innovation in the market. Fe-500, Fe-550, and Fe-500D are among the most recently released grades. Modern steel rebar that has been epoxy coated is corrosion-resistant, can withstand earthquakes, and is being used more and more. Increasing government support for public transportation, rising urbanization, and expanding infrastructure are a few factors that are anticipated to support industry expansion.
Market Restraints
Steel rebars are widely used in construction due to their strength and durability. However, there are several alternatives that can be used to limit the market growth of steel rebars. FRP rebars are made of lightweight, corrosion-resistant composite materials. They have a high tensile strength and can be used in construction to replace steel rebars. GFRP rebars, on the other hand, are made of glass fibers and polymer resin. They have high tensile strength and are corrosion-resistant, making them a viable alternative to steel rebars. Carbon fiber and resin are used to make CFRP rebars. They are lightweight and have a high tensile strength. They are commonly used in the construction of bridges. A number of factors, including cost, availability, and regulatory approvals determines the availability of these alternative materials. As a result, the availability of effective alternative materials will likely impact the steel rebar market in the coming years, especially as concerns about sustainability continue to drive innovation in the construction industry.
Market Challenges
The market is now experiencing a shortage of qualified individuals as well as talented workers, both of which have the potential to present issues for the market in the near future. Knowing the market, their target market, and the product offerings will make them more inclined to spend their discretionary funds on buying these market shares and goods. Yet, a lack of trustworthy information makes investors wary of investing their money in the market.
Strategic Outlook and Future Directions
The COVID-19 outbreak has significantly impacted the global steel rebar market. Steel rebar demand in the construction industry was impacted by the pandemic's widespread lockdowns and interruptions in global supply networks. Steel rebar's supply chain was hampered by the pandemic, which resulted in a shortage of raw materials, delays in transportation, and higher production costs. This, in turn, impacted the market's supply of steel rebar and its cost. Furthermore, due to lockdowns and other social isolation measures, the pandemic reduced the demand for steel rebar in the construction industry, decreasing steel rebar prices. As a result, businesses in the steel rebar industry saw reduced sales and revenues. However, price instability in the steel rebar market was caused by supply chain disruptions and a drop in demand. Due to the shifting market conditions, steel rebar prices varied considerably.
Market Value by Segment (2030)
Value (USD Mn)
Deformed
Mild
Companies
Key companies profiled in Steel Rebar Market
Profiles of 114 companies operating in the Steel Rebar Market market, including revenue, employee count, and market positioning where available.
Showing 114 of 114 companies
Gerdau S/A
Gerdau S/A
Chemicals & Materials
Company Headquarters: Brazil Founded: 1961 Workforce: The company has employed more than 30000 employees. Company Working: Gerdau S/A is a Brazilian multinational steel manufacturing company. The company produces a wide range of steel products, including long steel products used in various industries, such as construction, automotive, and energy. Gerdau S/A is committed to sustainable production and has set targets to reduce its carbon emissions and water usage. The company is also focused on developing new products and technologies to meet the changing needs of its customers.
Revenue$10.0B
Employees30,000
Market CapN/A
Founded1960
Brazil
Daido Stee
Daido Steel Co Ltd
Chemicals & Materials
Company Headquarters: Japan Founded: 1916 Workforce: The company has employed more than 12000 employees. Company Working: Daido Steel Co Ltd is a Japanese steel manufacturing company. The company produces high-quality specialty steel products used in various industries, such as automotive, aerospace, and energy. Daido Steel is committed to sustainable production and has set targets to reduce its carbon emissions and water usage. The company is also focused on developing new products and technologies to improve the efficiency of its production processes.
Revenue$4.5B
Employees12,000
Market CapN/A
Founded1915
Japan
Acerinox S
Acerinox S.A.
Chemicals & Materials
Company Headquarters: Spain Founded: 1970 Workforce: The company has employed more than 100 or 200 employees. Company Working: Acerinox S.A. is a Spanish stainless steel manufacturing company. The company produces high-quality stainless steel products used in various industries, such as automotive, construction, and energy. Acerinox is committed to sustainable production and has set targets to reduce its carbon emissions and water usage. The company is also focused on developing new products and technologies to meet the changing needs of its customers.
Revenue$5.3B
Employees200
Market CapN/A
Founded1969
Spain
Commercial
Commercial Metals Company
Chemicals & Materials
Company Headquarters: United States Founded: 1915 Workforce: The company has employed more than 12000 employees. Company Working: Commercial Metals Company (CMC) is a US-based steel manufacturing and recycling company. The company produces a wide range of steel products, including rebar, wire rod, and structural steel products used in various industries, such as construction and infrastructure. CMC is committed to sustainable production and has set targets to reduce its carbon emissions and water usage. The company is also focused on developing new products and technologies to improve the efficiency of its production processes.
Revenue$5.5B
Employees12,000
Market CapN/A
Founded1914
United States
Shagang Gr
Shagang Group Inc
Chemicals & Materials
Company Headquarters: China Founded: 1997 Workforce: The company has employed more than 2000 employees. Company Working: Shagang Group Inc is a leading steel producer in China with a strong focus on product quality and innovation. The company produces a wide range of steel products, including flat and long steel products used in various industries, such as construction, automotive, and energy. Shagang Group is committed to sustainable production and has set targets to reduce its carbon emissions and water usage. The company is also focused on developing new products and technologies to meet the changing needs of its customers.
RevenueN/A
Employees2,000
Market CapN/A
Founded1996
China
NLMK
NLMK
Chemicals & Materials
Company Headquarters: Russian Federation Founded: 1993 Workforce: The company has employed more than 26000 employees. Company Working: NLMK is a leading steel producer in Russia and one of the largest in the world. The company produces a wide range of steel products, including flat and long steel products used in various industries, such as construction, automotive, and energy. NLMK is committed to sustainable production and has set targets to reduce its carbon emissions and water usage. The company is also focused on developing new products and technologies to improve the efficiency of its production processes.
Revenue$10.6B
Employees26,000
Market CapN/A
Founded1992
Russian Federation
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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Steel Rebar Market
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