Market Overview:
The global carbon steel hollow bar market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for carbon steel hollow bars in various applications such as roads, construction, docks, bridges and others. Asia Pacific is expected to be the fastest growing region during the forecast period owing to the increasing infrastructure development in countries such as China and India.
Product Definition:
A carbon steel hollow bar is a metal object that is cylindrical in shape and has a hole running through the center of it. This type of bar is often used in construction projects as a way to reinforce concrete structures. Carbon steel hollow bars are also commonly used in the manufacturing of pipe and tubing.
32 O.D–250 O.D:
32 O.D.-250 O.D hollow bar is a type of steel hollow section with 32 o diameter and 250 o length, it's normally manufactured from carbon steel but can be made from other materials like alloy or stainless as well. The major applications include construction, shipbuilding and heavy machinery among others.
32 OD-250 OD hollow bar market size was valued at USD 816 million in 2016.
254 O.D–610 O.D:
The 254 O.D.-610 O.D hollow bar is a special type of carbon steel hollow bar with a yield strength between 200 and 250 Mpa, cross-sectional area between 0.3 and 1.5 m2, and roundness above 60% as per ISA standards (ISO 8573-1).
Application Insights:
The construction application segment led the global carbon steel hollow bar market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. Carbon steel hollow bars are widely used in construction activities owing to their properties, such as high yield strength, good ductility & plasticity, low shrinkage when heated and quenched, excellent corrosion resistance when oiled or coated with paint or powder coating.
Carbon steel offers several advantages over other materials for structural applications including higher yield strength & toughness along with good durability and flexibility which makes it suitable for use in building structures where loadbearing capacity is an important factor. The increasing need to develop affordable housing schemes has been driving the demand for carbon steel products across the globe which is expected to have a positive impact on market growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as rapid industrialization and urbanization along with increasing foreign investments.
China has emerged as a major consumer of carbon steel hollow bar products due to large-scale construction activities in various cities across the country. In addition, rising demand for rail infrastructure has led to an increase in railway track construction projects across China which will further propel product demand over the coming years.
The Asia Pacific was followed by Europe which accounted for 18% of total revenue share in 2017 on account of high consumption levels observed within this region pertaining mainly towards road infrastructure development projects undertaken by respective governments at domestic level coupled with EU funded programs implemented under Horizon 2020 framework (€200 billion per year).
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and engineering sectors
- Rising production of automobiles and heavy equipment globally
- Growing investments in infrastructure development projects worldwide
- Proliferation of advanced manufacturing technologies for carbon steel hollow bars
- Stringent government regulations for energy conservation
Scope Of The Report
Report Attributes
Report Details
Report Title
Carbon Steel Hollow Bar Market Research Report
By Type
32 O.D–250 O.D, 254 O.D–610 O.D
By Application
Roads, Construction, Docks, Bridges, Other
By Companies
Skyline Steel, Sandvik Materials Technology, ISMT Limited, Ovako, ArcelorMittal, Renine Metalloys, Vallourec, REOSTEEL (PTY) LTD, Hub Le Bas, Stalcor, Skyline Steel, Voestalpine, Collier Miller
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Carbon Steel Hollow Bar Market Report Segments:
The global Carbon Steel Hollow Bar market is segmented on the basis of:
Types
32 O.D–250 O.D, 254 O.D–610 O.D
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Roads, Construction, Docks, Bridges, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Skyline Steel
- Sandvik Materials Technology
- ISMT Limited
- Ovako
- ArcelorMittal
- Renine Metalloys
- Vallourec
- REOSTEEL (PTY) LTD
- Hub Le Bas
- Stalcor
- Skyline Steel
- Voestalpine
- Collier Miller
Highlights of The Carbon Steel Hollow Bar Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 32 O.D–250 O.D
- 254 O.D–610 O.D
- By Application:
- Roads
- Construction
- Docks
- Bridges
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carbon Steel Hollow Bar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Carbon steel hollow bar is a type of steel that is made from carbon-containing iron. The bars are typically thinner than other types of steel, making them easier to work with and more flexible. They are also less durable than other types of steel, so they may not be the best choice for high-quality items.
Some of the key players operating in the carbon steel hollow bar market are Skyline Steel, Sandvik Materials Technology, ISMT Limited, Ovako, ArcelorMittal, Renine Metalloys, Vallourec, REOSTEEL (PTY) LTD, Hub Le Bas, Stalcor, Skyline Steel, Voestalpine, Collier Miller.
The carbon steel hollow bar market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carbon Steel Hollow Bar Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Carbon Steel Hollow Bar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Carbon Steel Hollow Bar Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Carbon Steel Hollow Bar Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Carbon Steel Hollow Bar Market Size & Forecast, 2020-2028
4.5.1 Carbon Steel Hollow Bar Market Size and Y-o-Y Growth
4.5.2 Carbon Steel Hollow Bar Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 32 O.D–250 O.D
5.2.2 254 O.D–610 O.D
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Roads
6.2.2 Construction
6.2.3 Docks
6.2.4 Bridges
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carbon Steel Hollow Bar Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carbon Steel Hollow Bar Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 32 O.D–250 O.D
9.6.2 254 O.D–610 O.D
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Roads
9.10.2 Construction
9.10.3 Docks
9.10.4 Bridges
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 32 O.D–250 O.D
10.6.2 254 O.D–610 O.D
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Roads
10.10.2 Construction
10.10.3 Docks
10.10.4 Bridges
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 32 O.D–250 O.D
11.6.2 254 O.D–610 O.D
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Roads
11.10.2 Construction
11.10.3 Docks
11.10.4 Bridges
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 32 O.D–250 O.D
12.6.2 254 O.D–610 O.D
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Roads
12.10.2 Construction
12.10.3 Docks
12.10.4 Bridges
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 32 O.D–250 O.D
13.6.2 254 O.D–610 O.D
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Roads
13.10.2 Construction
13.10.3 Docks
13.10.4 Bridges
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carbon Steel Hollow Bar Market: Competitive Dashboard
14.2 Global Carbon Steel Hollow Bar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Skyline Steel
14.3.2 Sandvik Materials Technology
14.3.3 ISMT Limited
14.3.4 Ovako
14.3.5 ArcelorMittal
14.3.6 Renine Metalloys
14.3.7 Vallourec
14.3.8 REOSTEEL (PTY) LTD
14.3.9 Hub Le Bas
14.3.10 Stalcor
14.3.11 Skyline Steel
14.3.12 Voestalpine
14.3.13 Collier Miller
