Market Overview:
The global steel rolled bar market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for steel in construction and other end-use industries. In terms of type, the hot rolled bar segment is expected to dominate the market during the forecast period, owing to its high strength and durability as compared to cold rolled bars. In terms of application, construction is expected to be one of the key drivers for growth in this market during the forecast period. Asia Pacific is estimated to be one of fastest-growing regions for steel rolled bars due with rising demand from countries such as China and India.
Product Definition:
A steel rolled bar is a long, cylindrical piece of metal that has been formed by rolling steel sheets or plates. It is often used in construction and manufacturing projects as a structural component or tool.
Hot Rolled Bar:
Hot rolled bar is a steel sheet, which is heated to a temperature above recrystallization temperature of the steel. It gives the metal an additional property of softening and deforming under pressure. The process enables to produce sheets with high yield strength and low carbon content, along with good surface finish.
The global hot rolled bar market size was valued at USD 2,64 billion in 2016.
Cold Rolled Bar:
The cold rolled bar is a steel product that has been processed at extremely low temperatures (below 0°C/32°F) to obtain superior and improved surface finish. The process of rolling the metal at these temperatures does not cause it to expand or contract, thus producing an excellent surface finish with minimal distortion of the original dimensions.
The global cold rolled bar market size was valued at USD 2.87 billion in 2016.
Application Insights:
The construction application segment led the global steel rolled bar market and accounted for more than 45.0% share of the overall revenue in 2017. The product is widely used in residential, non-residential, and infrastructure applications such as bridges, highways, railways overpasses & underpasses buildings etc. In addition to being one of the strongest materials available in the market; steel bars also have a high yield strength which makes them suitable for use in structural components where durability is required.
The display application segment is expected to witness significant growth with a CAGR of XX% from 2018 to 2030 owing to increasing demand from various end-use industries including automotive.
Regional Analysis:
Asia Pacific dominated the global steel rolled bar market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, which has led to an increase in construction activities. In addition, rising disposable income levels are anticipated to fuel demand from countries such as China and India.
The construction industry in Asia Pacific is witnessing significant growth owing to increasing infrastructure spending by various governments across key economies including China and India. This trend is projected to drive demand for steel rolled bars over the next eight years. Furthermore, favorable government regulations aimed at promoting domestic manufacturing output are likely boost production volumes of cold-rolled products over this period.
Growth Factors:
- Increasing demand from the construction and automotive industries
- Growing urbanization and industrialization in developing countries
- Rising disposable income of consumers in developing countries
- Technological advancements that have led to the development of new grades of steel rolled bar products
- Expansion of global trade
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Rolled Bar Market Research Report
By Type
Hot Rolled Bar, Cold Rolled Bar
By Application
Construction, Display, Others
By Companies
ArcelorMittal, Tata Steel, Emirates Steel Industries, Qatar Steel, Austen Steels, JSW, Metinvest, National Iranian Steel Company (NISCO), Erdemir Iron and Steel, Acerinox SA, ArcelorMittal, Ezz Steel, POSCO, Ternium, Steel Authority of India, Gerdau, Nippon Steel, Nucor, Baowu Steel, Hyundai Steel, Jiangsu Shagang Group, Shougang, Hesteel Group Tangsteel Company, JIANLONG GROUP
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Steel Rolled Bar Market Report Segments:
The global Steel Rolled Bar market is segmented on the basis of:
Types
Hot Rolled Bar, Cold Rolled Bar
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, Display, 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
- Tata Steel
- Emirates Steel Industries
- Qatar Steel
- Austen Steels
- JSW
- Metinvest
- National Iranian Steel Company (NISCO)
- Erdemir Iron and Steel
- Acerinox SA
- ArcelorMittal
- Ezz Steel
- POSCO
- Ternium
- Steel Authority of India
- Gerdau
- Nippon Steel
- Nucor
- Baowu Steel
- Hyundai Steel
- Jiangsu Shagang Group
- Shougang
- Hesteel Group Tangsteel Company
- JIANLONG GROUP
Highlights of The Steel Rolled 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:
- Hot Rolled Bar
- Cold Rolled Bar
- By Application:
- Construction
- Display
- 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 Steel Rolled 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
- 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?
Steel Rolled Bar is a type of steel bar that has been flattened into a thin sheet. It is most commonly used for construction purposes, such as in the manufacture of building materials and components.
Some of the key players operating in the steel rolled bar market are ArcelorMittal, Tata Steel, Emirates Steel Industries, Qatar Steel, Austen Steels, JSW, Metinvest, National Iranian Steel Company (NISCO), Erdemir Iron and Steel, Acerinox SA, ArcelorMittal, Ezz Steel, POSCO, Ternium, Steel Authority of India, Gerdau, Nippon Steel, Nucor, Baowu Steel, Hyundai Steel, Jiangsu Shagang Group, Shougang, Hesteel Group Tangsteel Company, JIANLONG GROUP.
The steel rolled 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 Steel Rolled 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 Steel Rolled Bar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Steel Rolled 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 Steel Rolled 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 Steel Rolled Bar Market Size & Forecast, 2018-2028
4.5.1 Steel Rolled Bar Market Size and Y-o-Y Growth
4.5.2 Steel Rolled Bar Market Absolute $ Opportunity
Chapter 5 Global Steel Rolled Bar 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 Steel Rolled Bar Market Size Forecast by Type
5.2.1 Hot Rolled Bar
5.2.2 Cold Rolled Bar
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Steel Rolled Bar 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 Steel Rolled Bar Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Display
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Steel Rolled 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 Steel Rolled 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 Steel Rolled Bar Analysis and Forecast
9.1 Introduction
9.2 North America Steel Rolled Bar 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 Steel Rolled Bar Market Size Forecast by Type
9.6.1 Hot Rolled Bar
9.6.2 Cold Rolled Bar
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 Steel Rolled Bar Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Display
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 Steel Rolled Bar Analysis and Forecast
10.1 Introduction
10.2 Europe Steel Rolled Bar 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 Steel Rolled Bar Market Size Forecast by Type
10.6.1 Hot Rolled Bar
10.6.2 Cold Rolled Bar
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 Steel Rolled Bar Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Display
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 Steel Rolled Bar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Steel Rolled Bar 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 Steel Rolled Bar Market Size Forecast by Type
11.6.1 Hot Rolled Bar
11.6.2 Cold Rolled Bar
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 Steel Rolled Bar Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Display
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 Steel Rolled Bar Analysis and Forecast
12.1 Introduction
12.2 Latin America Steel Rolled Bar 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 Steel Rolled Bar Market Size Forecast by Type
12.6.1 Hot Rolled Bar
12.6.2 Cold Rolled Bar
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 Steel Rolled Bar Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Display
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) Steel Rolled Bar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Steel Rolled Bar 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) Steel Rolled Bar Market Size Forecast by Type
13.6.1 Hot Rolled Bar
13.6.2 Cold Rolled Bar
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) Steel Rolled Bar Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Display
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 Steel Rolled Bar Market: Competitive Dashboard
14.2 Global Steel Rolled Bar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ArcelorMittal
14.3.2 Tata Steel
14.3.3 Emirates Steel Industries
14.3.4 Qatar Steel
14.3.5 Austen Steels
14.3.6 JSW
14.3.7 Metinvest
14.3.8 National Iranian Steel Company (NISCO)
14.3.9 Erdemir Iron and Steel
14.3.10 Acerinox SA
14.3.11 ArcelorMittal
14.3.12 Ezz Steel
14.3.13 POSCO
14.3.14 Ternium
14.3.15 Steel Authority of India
14.3.16 Gerdau
14.3.17 Nippon Steel
14.3.18 Nucor
14.3.19 Baowu Steel
14.3.20 Hyundai Steel
14.3.21 Jiangsu Shagang Group
14.3.22 Shougang
14.3.23 Hesteel Group Tangsteel Company
14.3.24 JIANLONG GROUP
