Market Overview:
The global merchant bar quality market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The global merchant bar quality market is segmented on the basis of type, application and region. On the basis of type, the global merchant bar quality market is segmented into A-36, A615 Gr-40, A615 Gr-60 and others. On the basis of application, the global merchant bar quality market is segmented into construction industry, energy industry transportation industry and others.
Product Definition:
Merchant bar quality is the term used to describe the quality of a bar that is accepted for trade by merchants. The importance of merchant bar quality lies in the fact that it allows merchants to trade without having to worry about the condition or authenticity of bars.
A-36:
A-36 is a type of bar used in the merchant bars quality market. It is also known as merchant basic standard or MSQ. A-36 has certain properties that make it suitable for use in the hospitality industry such as durability, corrosion resistance and high strength. The most important factor contributing to its demand is low cost which makes it affordable for small and medium sized hotels especially those with fewer financial resources at their disposal.
A615 Gr-40:
A615 gr-40 is a type of barium sulfate used as an additive in merchant bar quality. It helps merchants to improve the hardness and stiffness of the bars. A615 gr-40 has 40% Ba2+ content, which is very close to pure Ba2+. The product can be easily obtained by evaporating a solution of potassium carbonate and barium chloride in water at about 80°C under moderate vacuum.
Application Insights:
The construction industry accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing infrastructure spending by governments across the world as well as rapid urbanization in developing countries, such as India and China.
Energy industry bars are primarily used in power generation, oil & gas production, petrochemical industries among others. They are also used in some transportation applications such as drilling & blasting operations along with other equipment for protection against high-pressure hydraulic jumpers that may occur on account of pressure differences between underground rocks and pipes caused due to fluid flow or pressure changes within an underground pipe system or during a blast operation respectively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing construction activities in the region. The growth can be attributed to various infrastructure projects, such as new airport constructions in India and China, which will have a positive impact on product demand over the forecast period. Furthermore, rising energy consumption coupled with growing transportation sector will drive product demand further.
Europe was valued at USD X billion in 2017 and is anticipated to witness steady growth over the forecast period owing to high production standards set by European Steel & Iron Association (EUROFER) for merchant bars across Europe.
Growth Factors:
- Increased demand for quality cocktails and spirits from consumers
- Rise in cocktail culture and mixology
- Proliferation of craft distilleries and small batch spirits
- Shift towards premiumisation in the bar industry
- Growing interest in unique, artisanal products
Scope Of The Report
Report Attributes
Report Details
Report Title
Merchant Bar Quality Market Research Report
By Type
A-36, A615 Gr-40, A615 Gr-60, Others
By Application
Construction Industry, Energy Industry, Transportation Industry, Others
By Companies
CITIC, ICH, TimkenSteel, Max Aicher, Weifang Special Steel Iron and Steel Co.,Ltd, Gerdau SA, JSW Steel, Charter Steel, SeAH Besteel, Steel Dynamics Inc, Metalloinvest, Valin Group, Tata Steel, Sidenor, Alton Steel
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Merchant Bar Quality Market Report Segments:
The global Merchant Bar Quality market is segmented on the basis of:
Types
A-36, A615 Gr-40, A615 Gr-60, 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 Industry, Energy Industry, Transportation Industry, 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:
- CITIC
- ICH
- TimkenSteel
- Max Aicher
- Weifang Special Steel Iron and Steel Co.,Ltd
- Gerdau SA
- JSW Steel
- Charter Steel
- SeAH Besteel
- Steel Dynamics Inc
- Metalloinvest
- Valin Group
- Tata Steel
- Sidenor
- Alton Steel
Highlights of The Merchant Bar Quality 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:
- A-36
- A615 Gr-40
- A615 Gr-60
- Others
- By Application:
- Construction Industry
- Energy Industry
- Transportation Industry
- 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 Merchant Bar Quality 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?
Merchant bar quality is the level of service and quality of food that a merchant provides.
Some of the key players operating in the merchant bar quality market are CITIC, ICH, TimkenSteel, Max Aicher, Weifang Special Steel Iron and Steel Co.,Ltd, Gerdau SA, JSW Steel, Charter Steel, SeAH Besteel, Steel Dynamics Inc, Metalloinvest, Valin Group, Tata Steel, Sidenor, Alton Steel.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Merchant Bar Quality 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 Merchant Bar Quality Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Merchant Bar Quality 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 Merchant Bar Quality 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 Merchant Bar Quality Market Size & Forecast, 2020-2028
4.5.1 Merchant Bar Quality Market Size and Y-o-Y Growth
4.5.2 Merchant Bar Quality 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 A-36
5.2.2 A615 Gr-40
5.2.3 A615 Gr-60
5.2.4 Others
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 Construction Industry
6.2.2 Energy Industry
6.2.3 Transportation Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Merchant Bar Quality 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 Merchant Bar Quality 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 A-36
9.6.2 A615 Gr-40
9.6.3 A615 Gr-60
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 Market Size Forecast by Applications
9.10.1 Construction Industry
9.10.2 Energy Industry
9.10.3 Transportation Industry
9.10.4 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 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 A-36
10.6.2 A615 Gr-40
10.6.3 A615 Gr-60
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 Market Size Forecast by Applications
10.10.1 Construction Industry
10.10.2 Energy Industry
10.10.3 Transportation Industry
10.10.4 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 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 A-36
11.6.2 A615 Gr-40
11.6.3 A615 Gr-60
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 Market Size Forecast by Applications
11.10.1 Construction Industry
11.10.2 Energy Industry
11.10.3 Transportation Industry
11.10.4 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 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 A-36
12.6.2 A615 Gr-40
12.6.3 A615 Gr-60
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 Market Size Forecast by Applications
12.10.1 Construction Industry
12.10.2 Energy Industry
12.10.3 Transportation Industry
12.10.4 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) 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 A-36
13.6.2 A615 Gr-40
13.6.3 A615 Gr-60
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) Market Size Forecast by Applications
13.10.1 Construction Industry
13.10.2 Energy Industry
13.10.3 Transportation Industry
13.10.4 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 Merchant Bar Quality Market: Competitive Dashboard
14.2 Global Merchant Bar Quality Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CITIC
14.3.2 ICH
14.3.3 TimkenSteel
14.3.4 Max Aicher
14.3.5 Weifang Special Steel Iron and Steel Co.,Ltd
14.3.6 Gerdau SA
14.3.7 JSW Steel
14.3.8 Charter Steel
14.3.9 SeAH Besteel
14.3.10 Steel Dynamics Inc
14.3.11 Metalloinvest
14.3.12 Valin Group
14.3.13 Tata Steel
14.3.14 Sidenor
14.3.15 Alton Steel
