© 2017 Global Market Insights, Inc. USA. All Rights Reserved Steel Rebar Market Growth, Application Analysis from 2017 to 2024
Global Market Scenario of Steel Rebar Market Steel Rebar Market size is estimated to surpass USD 170 billion by 2024; according to a new research report by Global Market Insights, Inc. Steel Rebar Market Increasing infrastructural development to build & remodel homes will drive steel rebar market growth. Rising demand from real estate projects due to increased population will support product penetration. As per National Association of Home Builders, the U.S home building and remodeling investment accounted for over 3% share of GDP in Higher investment in housing projects owing to improved lifestyle and rising disposable income will drive product demand. Positive government support by facilitating subsidies and implementing new construction laws will propel construction industry. Rising awareness regarding construction of earthquake resistant structures will augment steel rebar market size. © 2017 Global Market Insights, Inc. USA. All Rights Reserved
Public infrastructure application estimated to hold over 60% market share in Increasing necessity to build and upgrade existing transport or energy infrastructure will boost product demand. For instance, UK government announced to invest over USD 15 million to strengthen its transport sector. In addition, rapid construction of commercial buildings, malls, and sports complexes will influence industry size. Industrial sector expansion supported by positive FDI policies will propel product penetration. Upsurge in public & private investment to strengthen existing industrial infrastructure and setting up new production facilities will drive steel rebar market growth. Continue:- © 2017 Global Market Insights, Inc. USA. All Rights Reserved
Request Sample Copy of This Research North America Steel Rebar Market, By Application, , (Million Tons)
Electric arc furnace estimated to surpass 180 million tons by Rising awareness associated with waste generation & disposal during processing likely to propel electric arc furnace process adoption rate. Factors such as quality control, low cost processing and environmental concern are expected to propel market growth 360° Industry Analysis © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:
Regional Analysis: Asia Pacific steel rebar market will witness 5% growth over the forecast period. As per industry experts, Malaysia, Philippines and Indonesia are anticipated to invest heavily in new infrastructure projects, supported by public & private investment. Rising income level coupled with affordable housing loans will augment demand for new residential buildings. Increasing urbanization rate and demand for sustainable buildings will further drive regional growth. Competitive Analysis: Key industry players are ArcelorMittal, Acerinox, Essar, Nippon & Sumitomo Metal Corporation, Gerdau, Tata, Jindal, Commercial Metals Company and SAIL. Other prominent industry players are Daido, Hyundai, NJR, Kobe and Byer. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This
Latest Research Report On Steel Rebar Request for sample of this research © 2017 Global Market Insights, Inc. USA. All Rights Reserved
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