Market Overview:
The global long steel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the global long steel market can be attributed to the increasing demand for long steel products from various end-use industries, such as construction and infrastructure. Additionally, the growing population and rapid urbanization are also contributing to the growth of the global long steel market. The rebar segment is expected to dominate the global long steel market during the forecast period, owing to its high demand from construction and infrastructure industries across regions. The wire rod segment is projected to grow at a higher CAGR than other segments during 2018-2030, due its increasing use in various end-use applications such as automotive, electrical & electronics, and others.
Product Definition:
A long steel is a type of steel that has been elongated through rolling or forging. It is important because it can be used for a variety of purposes, including construction and manufacturing.
Rebar:
Rebar is a steel-based framework used in construction applications. The basic form of rebar consists of three wires running side by side with a flat, or slightly curved surface at the end of each wire. These bars are available in various sizes and shapes and can be formed into different shapes according to the requirements of construction projects.
Wire Rod:
Wire rod is a type of steel reinforcement bar, which is extruded into rods and then cut to length. It finds application in long steel products such as beams, sections, angles and other structural parts. The demand for wire rod in the market has been witnessing growth on account of its increasing usage in construction industry owing to properties such as high strength and corrosion resistance. In addition, it can be easily formed into any shape required thereby augmenting demand over the forecast period.
Application Insights:
The construction application segment led the global market and accounted for more than 45.0% share of the overall revenue in 2017. The growth can be attributed to increasing infrastructure investments across the globe, particularly in developing countries like India, China and Brazil. For instance, according to a study by L-3 Communications Security Products Inc., it is estimated that around USD 8 trillion will be invested globally over the next 15 years on new infrastructure projects (2017-2030).
The other applications include automotive & transportation and industrial machinery & equipment sectors. In terms of volume as well as revenue, automotive & transportation emerged as one of the largest segments owing to rapid industrialization along with developing economies such as India and China which are major producers of automobiles including passenger cars and commercial vehicles respectively.
Regional Analysis:
Asia Pacific dominated the global long steel market in 2017 and accounted for a revenue share of over 45%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing infrastructure activities coupled with rising construction spending in emerging economies such as China, India, Indonesia, Vietnam and Thailand.
The Asia Pacific was followed by North America which accounted for a revenue share of around 24% in 2017 owing to an increase in infrastructure activities mainly due to government funding along with growing passenger car production especially after 2016’s Brexit vote. In addition, new investments were made possible by lowering corporate tax from 35% (in 2010) rate down to 21% rate since 2013 making it more attractive for investors and companies alike thus boosting the demand further.
Growth Factors:
- Increasing demand from construction and infrastructure sectors
- Rising demand for long steel products in automotive sector
- Growing use of long steel products in energy sector
- Increasing consumption of long steel products in Asia Pacific region
- Proliferation of advanced manufacturing technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Long Steel Market Research Report
By Type
Rebar, Wire Rod, Rail, Others
By Application
Construction, Infrastructure, Others
By Companies
ArcelorMittal, Baowu Steel, Emirates Steel Industries Co., Erdemir Iron and Steel, Ezz Steel, Habas Corp, Hesteel Group, Hyundai Steel, Metinvest, National Iranian Steel Company (NISCO), Nippon Steel & Sumitomo Metal Corporation, Nucor, Qatar Steel, Saudi Basic Industries Corp (SABIC), Steel Authority of India, Tata Steel, Ternium, Nucor Corporation, Gerdau
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Long Steel Market Report Segments:
The global Long Steel market is segmented on the basis of:
Types
Rebar, Wire Rod, Rail, Others
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
Construction, Infrastructure, Others
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:
- ArcelorMittal
- Baowu Steel
- Emirates Steel Industries Co.
- Erdemir Iron and Steel
- Ezz Steel
- Habas Corp
- Hesteel Group
- Hyundai Steel
- Metinvest
- National Iranian Steel Company (NISCO)
- Nippon Steel & Sumitomo Metal Corporation
- Nucor
- Qatar Steel
- Saudi Basic Industries Corp (SABIC)
- Steel Authority of India
- Tata Steel
- Ternium
- Nucor Corporation
- Gerdau
Highlights of The Long Steel 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:
- Rebar
- Wire Rod
- Rail
- Others
- By Application:
- Construction
- Infrastructure
- Others
- 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 Long Steel 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
- Identifying Appropriate Advertising Appeals
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?
Long steel is a type of steel that has been heat treated to make it stronger than regular steel.
Some of the major companies in the long steel market are ArcelorMittal, Baowu Steel, Emirates Steel Industries Co., Erdemir Iron and Steel, Ezz Steel, Habas Corp, Hesteel Group, Hyundai Steel, Metinvest, National Iranian Steel Company (NISCO), Nippon Steel & Sumitomo Metal Corporation, Nucor, Qatar Steel, Saudi Basic Industries Corp (SABIC), Steel Authority of India, Tata Steel, Ternium, Nucor Corporation, Gerdau.
The long steel 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 Long Steel 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 Long Steel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Long Steel 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 Long Steel 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 Long Steel Market Size & Forecast, 2018-2028
4.5.1 Long Steel Market Size and Y-o-Y Growth
4.5.2 Long Steel Market Absolute $ Opportunity
Chapter 5 Global Long Steel 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 Long Steel Market Size Forecast by Type
5.2.1 Rebar
5.2.2 Wire Rod
5.2.3 Rail
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Long Steel 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 Long Steel Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Infrastructure
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Long Steel 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 Long Steel 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 Long Steel Analysis and Forecast
9.1 Introduction
9.2 North America Long Steel 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 Long Steel Market Size Forecast by Type
9.6.1 Rebar
9.6.2 Wire Rod
9.6.3 Rail
9.6.4 Others
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 Long Steel Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Infrastructure
9.10.3 Others
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 Long Steel Analysis and Forecast
10.1 Introduction
10.2 Europe Long Steel 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 Long Steel Market Size Forecast by Type
10.6.1 Rebar
10.6.2 Wire Rod
10.6.3 Rail
10.6.4 Others
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 Long Steel Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Infrastructure
10.10.3 Others
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 Long Steel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Long Steel 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 Long Steel Market Size Forecast by Type
11.6.1 Rebar
11.6.2 Wire Rod
11.6.3 Rail
11.6.4 Others
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 Long Steel Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Infrastructure
11.10.3 Others
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 Long Steel Analysis and Forecast
12.1 Introduction
12.2 Latin America Long Steel 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 Long Steel Market Size Forecast by Type
12.6.1 Rebar
12.6.2 Wire Rod
12.6.3 Rail
12.6.4 Others
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 Long Steel Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Infrastructure
12.10.3 Others
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) Long Steel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Long Steel 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) Long Steel Market Size Forecast by Type
13.6.1 Rebar
13.6.2 Wire Rod
13.6.3 Rail
13.6.4 Others
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) Long Steel Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Infrastructure
13.10.3 Others
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 Long Steel Market: Competitive Dashboard
14.2 Global Long Steel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ArcelorMittal
14.3.2 Baowu Steel
14.3.3 Emirates Steel Industries Co.
14.3.4 Erdemir Iron and Steel
14.3.5 Ezz Steel
14.3.6 Habas Corp
14.3.7 Hesteel Group
14.3.8 Hyundai Steel
14.3.9 Metinvest
14.3.10 National Iranian Steel Company (NISCO)
14.3.11 Nippon Steel & Sumitomo Metal Corporation
14.3.12 Nucor
14.3.13 Qatar Steel
14.3.14 Saudi Basic Industries Corp (SABIC)
14.3.15 Steel Authority of India
14.3.16 Tata Steel
14.3.17 Ternium
14.3.18 Nucor Corporation
14.3.19 Gerdau
