Market Overview:
The global seismic reinforcement material market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about earthquake safety and the growing demand for seismic reinforcement materials in developing countries. The global seismic reinforcement material market is segmented by type, application, and region. By type, the market is segmented into carbon steel, alloy steel, stainless steel, and others. By application, the market is divided into roofing, walls & support columns, foundation & flooring bridges & flyovers and others.
Product Definition:
A seismic reinforcement material is a material that is used to increase the strength of a structure in order to make it more resistant to earthquakes. These materials can be added as part of the original construction or added later as an upgrade. The most common type of seismic reinforcement material is steel, but other materials such as fiberglass and plastic can also be used.
Carbon Steel:
Carbon steel is one of the important materials used in the manufacturing of reinforcement for concrete structures. It has a high content of carbon and iron which makes it stronger than other metals. Carbon steel can be heat treated, formed, and welded like any other metal; however, it has superior properties such as ductility & yield strength over temperature range 2050 ? 2050 °C making them suitable for use in structural applications.
Alloy Steel:
Alloy steel is a material that contains iron, nickel, and other metals in combination. It has properties such as high strength and ductility which makes it suitable for use in the construction of bridges, buildings etc. The global alloy steel market size was valued at USD 552 million in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2022. Increasing demand for infrastructure coupled with growing population is anticipated to drive the market growth over the forecast period.
Application Insights:
The walls and support columns segment dominated the global market in 2017. This is attributed to the rising demand for such systems from residential, commercial and industrial buildings, owing to high performance requirements in earthquake zones. The roofing segment is expected to witness significant growth over the forecast period due to increasing demand for green roofs from various end-use industries including food processing, textiles and pharmaceuticals.
Roofing was the largest application segment of this market with a revenue share of around 40% in 2017. Growing urbanization along with increasing number of commercial construction projects are anticipated to boost product consumption over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is anticipated to witness significant growth owing to increasing demand for housing and commercial buildings, coupled with rapid urbanization & industrialization. In addition, growing transportation infrastructure in emerging economies such as China and India are likely to drive product demand over the coming years.
The North American regional market held a revenue share of around 15% in 2017 on account of high penetration of steel products used for strengthening structures such as walls, bridges, subways tunnels & other construction sites that may be prone to earthquakes. Moreover, stringent government regulations regarding building safety standards are projected to fuel product demand over the next eight years.
Europe accounted for a significant share of global revenue due primarily by rising applications from residential sector including houses/apartments (90%+), non-residential buildings including hospitals (80%+) and infrastructures like roads & railways (60%).
Growth Factors:
- Increasing awareness about the benefits of seismic reinforcement material among architects, engineers, and contractors.
- Growing demand for seismic reinforcement material from the construction sector in developing countries.
- Rising number of earthquakes and other natural disasters across the world.
- Technological advancements in seismic reinforcement material manufacturing process and products.
- Stringent government regulations for earthquake-resistant construction across various countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Seismic Reinforcement Material Market Research Report
By Type
Carbon Steel, Alloy Steel, Stainless Steel, Others
By Application
Roofing, Walls & Support Columns, Foundation & Flooring, Bridges & Flyovers, Others
By Companies
Hyundai Steel Company, Simpson Strong-Tie Company Inc., Toray Industries, Inc., ArcelorMittal, LafargeHolcim Ltd., West Fraser Timber Co. Ltd., Tata Steel Limited, BASF SE, Aegion Corporation, Weyerhaeuser Company, Hyundai Steel Company
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Seismic Reinforcement Material Market Report Segments:
The global Seismic Reinforcement Material market is segmented on the basis of:
Types
Carbon Steel, Alloy Steel, Stainless Steel, 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
Roofing, Walls & Support Columns, Foundation & Flooring, Bridges & Flyovers, 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:
- Hyundai Steel Company
- Simpson Strong-Tie Company Inc.
- Toray Industries, Inc.
- ArcelorMittal
- LafargeHolcim Ltd.
- West Fraser Timber Co. Ltd.
- Tata Steel Limited
- BASF SE
- Aegion Corporation
- Weyerhaeuser Company
- Hyundai Steel Company
Highlights of The Seismic Reinforcement Material 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:
- Carbon Steel
- Alloy Steel
- Stainless Steel
- Others
- By Application:
- Roofing
- Walls & Support Columns
- Foundation & Flooring
- Bridges & Flyovers
- 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 Seismic Reinforcement Material 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
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- Product & Brand 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?
Seismic reinforcement material is a type of concrete that is designed to resist seismic forces. This material is used in places where earthquakes are likely to occur, such as bridges and buildings.
Some of the key players operating in the seismic reinforcement material market are Hyundai Steel Company, Simpson Strong-Tie Company Inc., Toray Industries, Inc., ArcelorMittal, LafargeHolcim Ltd., West Fraser Timber Co. Ltd., Tata Steel Limited, BASF SE, Aegion Corporation, Weyerhaeuser Company, Hyundai Steel Company.
The seismic reinforcement material market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Seismic Reinforcement Material 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 Seismic Reinforcement Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Seismic Reinforcement Material 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 Seismic Reinforcement Material 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 Seismic Reinforcement Material Market Size & Forecast, 2018-2028
4.5.1 Seismic Reinforcement Material Market Size and Y-o-Y Growth
4.5.2 Seismic Reinforcement Material Market Absolute $ Opportunity
Chapter 5 Global Seismic Reinforcement Material 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 Seismic Reinforcement Material Market Size Forecast by Type
5.2.1 Carbon Steel
5.2.2 Alloy Steel
5.2.3 Stainless Steel
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Seismic Reinforcement Material 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 Seismic Reinforcement Material Market Size Forecast by Applications
6.2.1 Roofing
6.2.2 Walls & Support Columns
6.2.3 Foundation & Flooring
6.2.4 Bridges & Flyovers
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Seismic Reinforcement Material 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 Seismic Reinforcement Material 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 Seismic Reinforcement Material Analysis and Forecast
9.1 Introduction
9.2 North America Seismic Reinforcement Material 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 Seismic Reinforcement Material Market Size Forecast by Type
9.6.1 Carbon Steel
9.6.2 Alloy Steel
9.6.3 Stainless Steel
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 Seismic Reinforcement Material Market Size Forecast by Applications
9.10.1 Roofing
9.10.2 Walls & Support Columns
9.10.3 Foundation & Flooring
9.10.4 Bridges & Flyovers
9.10.5 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 Seismic Reinforcement Material Analysis and Forecast
10.1 Introduction
10.2 Europe Seismic Reinforcement Material 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 Seismic Reinforcement Material Market Size Forecast by Type
10.6.1 Carbon Steel
10.6.2 Alloy Steel
10.6.3 Stainless Steel
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 Seismic Reinforcement Material Market Size Forecast by Applications
10.10.1 Roofing
10.10.2 Walls & Support Columns
10.10.3 Foundation & Flooring
10.10.4 Bridges & Flyovers
10.10.5 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 Seismic Reinforcement Material Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Seismic Reinforcement Material 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 Seismic Reinforcement Material Market Size Forecast by Type
11.6.1 Carbon Steel
11.6.2 Alloy Steel
11.6.3 Stainless Steel
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 Seismic Reinforcement Material Market Size Forecast by Applications
11.10.1 Roofing
11.10.2 Walls & Support Columns
11.10.3 Foundation & Flooring
11.10.4 Bridges & Flyovers
11.10.5 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 Seismic Reinforcement Material Analysis and Forecast
12.1 Introduction
12.2 Latin America Seismic Reinforcement Material 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 Seismic Reinforcement Material Market Size Forecast by Type
12.6.1 Carbon Steel
12.6.2 Alloy Steel
12.6.3 Stainless Steel
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 Seismic Reinforcement Material Market Size Forecast by Applications
12.10.1 Roofing
12.10.2 Walls & Support Columns
12.10.3 Foundation & Flooring
12.10.4 Bridges & Flyovers
12.10.5 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) Seismic Reinforcement Material Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Seismic Reinforcement Material 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) Seismic Reinforcement Material Market Size Forecast by Type
13.6.1 Carbon Steel
13.6.2 Alloy Steel
13.6.3 Stainless Steel
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) Seismic Reinforcement Material Market Size Forecast by Applications
13.10.1 Roofing
13.10.2 Walls & Support Columns
13.10.3 Foundation & Flooring
13.10.4 Bridges & Flyovers
13.10.5 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 Seismic Reinforcement Material Market: Competitive Dashboard
14.2 Global Seismic Reinforcement Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hyundai Steel Company
14.3.2 Simpson Strong-Tie Company Inc.
14.3.3 Toray Industries, Inc.
14.3.4 ArcelorMittal
14.3.5 LafargeHolcim Ltd.
14.3.6 West Fraser Timber Co. Ltd.
14.3.7 Tata Steel Limited
14.3.8 BASF SE
14.3.9 Aegion Corporation
14.3.10 Weyerhaeuser Company
14.3.11 Hyundai Steel Company
