The global round bars market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The growth of the market can be attributed to the increasing demand for round bars in construction and production equipment applications, as well as general application. The construction industry is one of the major end-users of round bars, which are used in various types of buildings such as residential buildings, commercial buildings and industrial buildings. Round bars are also used in production equipment applications such as machine tools and rolling mills for manufacturing various products like steel sheets or pipes. In addition, they are also used in general application such as furniture making or automotive industry for manufacturing components like axles or gears respectively.
The 2.4 O–8 O range segment accounted for a share of around 40% in 2017 owing to its high demand from construction and production equipment industries due to their low cost per unit weight ratio compared with other ranges; this segment is expected to grow at a CAGR of 3% during the forecast period owing to its high demand from these industries.
- The demand for hot-rolled round bars is increasing due to the increase in construction and infrastructure projects.
- The demand for hot-rolled round bars is also increasing due to the increase in automotive production and consumption.
- The demand for hot-rolled round bars is also increasing due to the increase in oil and gas exploration activities, which require a lot of steel pipes, valves, and other equipment that are made from hot-rolled round bars.
- Hot rolled steel prices are expected to rise as a result of increased raw material costs such as iron ore, coking coal, nickel ore, copper ore etc, which will lead to an increase in the price of finished products such as hot rolled steel products like hot rolled round bar products.
- There has been an increased focus on energy efficiency by governments around the world which has led to more stringent regulations on energy consumption.
Industry Growth Insights published a new data on “Hot-rolled Round Bars Market”. The research report is titled “Hot-rolled Round Bars Market research by Types (2.4 O.D–8 O.D, 10 O.D–20 O.D, Above 20 O.D), By Applications (Construction, Production Equipment, General Application, Others), By Players/Companies O'Neal Steel, Ovako, O.R.I. Martin spa, Riva Group, Sidenor, Tata Steel, Sandvik Materials Technology, Saarstahl, DEW-STAHL, IMS - SCHMOLZ+BICKENBACH, Ascometal, DAIDO, Sanyo Special Steel Co. Ltd, Georgsmarienhütte, Caparo Merchant Bar, Acerinox, Sverdrup Steel, Acentasteel, MMK, Huizhou Xing Ye Special Steel, XING CHENG, Mangalam Alloys, Daye Jiayong Metallurgy, BAGLIETTO Marine Steel Company”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot-rolled Round Bars Market Research Report
By Type
2.4 O.D–8 O.D, 10 O.D–20 O.D, Above 20 O.D
By Application
Construction, Production Equipment, General Application, Others
By Companies
O'Neal Steel, Ovako, O.R.I. Martin spa, Riva Group, Sidenor, Tata Steel, Sandvik Materials Technology, Saarstahl, DEW-STAHL, IMS - SCHMOLZ+BICKENBACH, Ascometal, DAIDO, Sanyo Special Steel Co. Ltd, Georgsmarienhütte, Caparo Merchant Bar, Acerinox, Sverdrup Steel, Acentasteel, MMK, Huizhou Xing Ye Special Steel, XING CHENG, Mangalam Alloys, Daye Jiayong Metallurgy, BAGLIETTO Marine 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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hot-rolled Round Bars Market Report Segments:
The global Hot-rolled Round Bars market is segmented on the basis of:
Types
2.4 O.D–8 O.D, 10 O.D–20 O.D, Above 20 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
Construction, Production Equipment, General Application, 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:
- O'Neal Steel
- Ovako
- O.R.I. Martin spa
- Riva Group
- Sidenor
- Tata Steel
- Sandvik Materials Technology
- Saarstahl
- DEW-STAHL
- IMS - SCHMOLZ+BICKENBACH
- Ascometal
- DAIDO
- Sanyo Special Steel Co. Ltd
- Georgsmarienhütte
- Caparo Merchant Bar
- Acerinox
- Sverdrup Steel
- Acentasteel
- MMK
- Huizhou Xing Ye Special Steel
- XING CHENG
- Mangalam Alloys
- Daye Jiayong Metallurgy
- BAGLIETTO Marine Steel Company
Highlights of The Hot-rolled Round Bars 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:
- 2.4 O.D–8 O.D
- 10 O.D–20 O.D
- Above 20 O.D
- By Application:
- Construction
- Production Equipment
- General Application
- 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 Hot-rolled Round Bars 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.
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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?
Hot-rolled round bars are a type of steel bar that is produced by rolling the steel around a cylindrical shape. The round bars are then cut to their desired length and width.
Some of the major companies in the hot-rolled round bars market are O'Neal Steel, Ovako, O.R.I. Martin spa, Riva Group, Sidenor, Tata Steel, Sandvik Materials Technology, Saarstahl, DEW-STAHL, IMS - SCHMOLZ+BICKENBACH, Ascometal, DAIDO, Sanyo Special Steel Co. Ltd, GeorgsmarienhƒÂ¼tte, Caparo Merchant Bar, Acerinox, Sverdrup Steel, Acentasteel, MMK, Huizhou Xing Ye Special Steel, XING CHENG, Mangalam Alloys, Daye Jiayong Metallurgy, BAGLIETTO Marine Steel Company.
The hot-rolled round bars market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hot-rolled Round Bars Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hot-rolled Round Bars Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hot-rolled Round Bars Market - Supply Chain
4.5. Global Hot-rolled Round Bars Market Forecast
4.5.1. Hot-rolled Round Bars Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hot-rolled Round Bars Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hot-rolled Round Bars Market Absolute $ Opportunity
5. Global Hot-rolled Round Bars Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hot-rolled Round Bars Market Size and Volume Forecast by Type
5.3.1. 2.4 O.D8 O.D
5.3.2. 10 O.D20 O.D
5.3.3. Above 20 O.D
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hot-rolled Round Bars Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hot-rolled Round Bars Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Production Equipment
6.3.3. General Application
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hot-rolled Round Bars Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hot-rolled Round Bars Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hot-rolled Round Bars Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hot-rolled Round Bars Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hot-rolled Round Bars Demand Share Forecast, 2019-2026
9. North America Hot-rolled Round Bars Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hot-rolled Round Bars Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hot-rolled Round Bars Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Production Equipment
9.4.3. General Application
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hot-rolled Round Bars Market Size and Volume Forecast by Type
9.7.1. 2.4 O.D8 O.D
9.7.2. 10 O.D20 O.D
9.7.3. Above 20 O.D
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hot-rolled Round Bars Demand Share Forecast, 2019-2026
10. Latin America Hot-rolled Round Bars Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hot-rolled Round Bars Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hot-rolled Round Bars Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Production Equipment
10.4.3. General Application
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hot-rolled Round Bars Market Size and Volume Forecast by Type
10.7.1. 2.4 O.D8 O.D
10.7.2. 10 O.D20 O.D
10.7.3. Above 20 O.D
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hot-rolled Round Bars Demand Share Forecast, 2019-2026
11. Europe Hot-rolled Round Bars Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hot-rolled Round Bars Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hot-rolled Round Bars Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Production Equipment
11.4.3. General Application
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hot-rolled Round Bars Market Size and Volume Forecast by Type
11.7.1. 2.4 O.D8 O.D
11.7.2. 10 O.D20 O.D
11.7.3. Above 20 O.D
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y--Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hot-rolled Round Bars Demand Share, 2019-2026
12. Asia Pacific Hot-rolled Round Bars Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hot-rolled Round Bars Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hot-rolled Round Bars Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Production Equipment
12.4.3. General Application
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hot-rolled Round Bars Market Size and Volume Forecast by Type
12.7.1. 2.4 O.D8 O.D
12.7.2. 10 O.D20 O.D
12.7.3. Above 20 O.D
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hot-rolled Round Bars Demand Share, 2019-2026
13. Middle East & Africa Hot-rolled Round Bars Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hot-rolled Round Bars Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hot-rolled Round Bars Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Production Equipment
13.4.3. General Application
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hot-rolled Round Bars Market Size and Volume Forecast by Type
13.7.1. 2.4 O.D8 O.D
13.7.2. 10 O.D20 O.D
13.7.3. Above 20 O.D
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hot-rolled Round Bars Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hot-rolled Round Bars Market: Market Share Analysis
14.2. Hot-rolled Round Bars Distributors and Customers
14.3. Hot-rolled Round Bars Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. O'Neal Steel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ovako
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. O.R.I. Martin spa
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Riva Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sidenor
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tata Steel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sandvik Materials Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Saarstahl
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DEW-STAHL
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. IMS - SCHMOLZ+BICKENBACH
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ascometal
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. DAIDO
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sanyo Special Steel Co. Ltd
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Georgsmarienhütte
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Caparo Merchant Bar
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Acerinox
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Sverdrup Steel
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Acentasteel
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. MMK
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Huizhou Xing Ye Special Steel
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
