Market Overview:
The global hot-rolled steel round bars market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for construction and production equipment applications across the globe. Additionally, rising awareness about the benefits of using hot-rolled steel round bars is also propelling the market growth. Based on type, stainless steel bars are expected to witness higher demand as compared to carbon steel bars during the forecast period. Stainless steel offers better corrosion resistance and durability as compared to carbon steel, which is driving its adoption in various end-use industries such as construction and production equipment. In terms of region, Asia Pacific is anticipated to lead the global hot-rolledsteel round bar market with highest CAGR over 2018–2030 owingto rapid industrialization and urbanization in countries such as Chinaand India .
Product Definition:
Hot-Rolled Steel Round Bars is a type of steel that has been heated and then quickly cooled on a rotating drum. It is used in the manufacturing of various types of products, including bolts, nuts, screws and other fasteners.
Stainless Steel Bars:
Stainless steel bars are manufactured from hot-rolled steel and possess properties such as high strength, corrosion resistance, ductility & hardness. They are widely used in the construction of buildings owing to their excellent load-bearing capacity and durability. The global stainless steel bars market is expected to witness significant growth over the forecast period on account of its rising demand in building & construction industry coupled with superior properties offered by them including resistance towards rusting, corrosion & oxidation.
Carbon Steel Bars:
Carbon steel bars are one of the significant raw materials used in hot-rolled steel round bars production. It is a form of low alloy containing carbon and iron, with small proportions of other metals such as manganese, nickel, chromium and molybdenum. The product has high mechanical properties for its weight owing to the presence of hardenability inherent in it which makes it suitable for use in structural applications including beams, channels & angles and sections.
Application Insights:
The construction application segment led the global hot-rolled steel round bars market in 2017, accounting for a revenue share of over 50%. The segment is likely to witness significant growth on account of rising infrastructure investments across the globe. In addition, increasing urbanization and industrialization are expected to augment product demand in this application over the forecast period.
The production equipment application segment accounted for a significant share of 21.0% in terms of volume on account of wide scale utilization as an input material for the manufacturing process at various industries such as chemical, mechanical and mining. Owing to its properties such as strength and corrosion resistance, it has been widely utilized by several industries including oil & gas and metal where high-pressure processes are used frequently such as refineries processing plants etcetera resulting into increased consumption globally.
Regional Analysis:
Asia Pacific dominated the global hot-rolled steel round bars market in 2017. The region is expected to witness significant growth over the forecast period owing to rapid infrastructure development and manufacturing expansion. In addition, rising demand for automobiles in China and India is anticipated to drive product demand over the coming years.
Europe accounted for a significant share of revenue in 2017 on account of high construction activities due to increasing population coupled with government initiatives such as EU membership Western Balkan initiative are projected favorably impact regional growth.
In terms of volume, North America was the second-largest market accounting for 27% share of total consumption in 2017 on account stainless steel bar demand from construction sector due to affordable housing projects undertaken by U S based real estate companies such as Beazer Homes USA Inc., Pulte Group Inc.
Growth Factors:
- Increasing demand from construction and infrastructure sectors
- Rising demand for automobiles and transportation equipment
- Growing use of hot-rolled steel round bars in manufacturing industries
- Rising investment in the metalworking sector
- Technological advancements that improve the quality and performance of hot-rolled steel round bars
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot-Rolled Steel Round Bars Market Research Report
By Type
Stainless Steel Bars, Carbon Steel Bars
By Application
Construction, Production Equipment, General Application, Others
By Companies
Riva Group, Sidenor, Tata Steel, Sandvik Materials Technology, Saarstahl, DEW-STAHL, IMS - SCHMOLZ+BICKENBACH, Ascometal, Georgsmarienhütte , Caparo Merchant Bar, Xiwang Special Steel, Zhuzhou Lizhou, Meigi Co.,Ltd, OSAKA STAINLESS Co, Hanil Steel, MITSUBISHI STEEL MFG, JFE Steel, Dongbei Special Steel 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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Hot-Rolled Steel Round Bars Market Report Segments:
The global Hot-Rolled Steel Round Bars market is segmented on the basis of:
Types
Stainless Steel Bars, Carbon Steel Bars
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:
- Riva Group
- Sidenor
- Tata Steel
- Sandvik Materials Technology
- Saarstahl
- DEW-STAHL
- IMS - SCHMOLZ+BICKENBACH
- Ascometal
- GeorgsmarienhütteÂ
- Caparo Merchant Bar
- Xiwang Special Steel
- Zhuzhou Lizhou
- Meigi Co.,Ltd
- OSAKA STAINLESS Co
- Hanil Steel
- MITSUBISHI STEEL MFG
- JFE Steel
- Dongbei Special Steel Group
Highlights of The Hot-Rolled Steel 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:
- Stainless Steel Bars
- Carbon Steel Bars
- 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 Steel 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 steel round bars are a type of steel round bar that is produced by rolling the metal around a cylindrical die. The result is a uniform, thick round bar with an even thickness throughout. Hot-rolled steel round bars are often used in construction projects because they have good strength and durability.
Some of the key players operating in the hot-rolled steel round bars market are Riva Group, Sidenor, Tata Steel, Sandvik Materials Technology, Saarstahl, DEW-STAHL, IMS - SCHMOLZ+BICKENBACH, Ascometal, GeorgsmarienhƒÂ¼tte‚ , Caparo Merchant Bar, Xiwang Special Steel, Zhuzhou Lizhou, Meigi Co.,Ltd, OSAKA STAINLESS Co, Hanil Steel, MITSUBISHI STEEL MFG, JFE Steel, Dongbei Special Steel Group.
The hot-rolled steel round bars market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hot-Rolled Steel 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 Steel 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 Steel Round Bars Market - Supply Chain
4.5. Global Hot-Rolled Steel Round Bars Market Forecast
4.5.1. Hot-Rolled Steel Round Bars Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hot-Rolled Steel Round Bars Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hot-Rolled Steel Round Bars Market Absolute $ Opportunity
5. Global Hot-Rolled Steel 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 Steel Round Bars Market Size and Volume Forecast by Type
5.3.1. Stainless Steel Bars
5.3.2. Carbon Steel Bars
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hot-Rolled Steel 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 Steel 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 Steel 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 Steel 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 Steel 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 Steel 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 Steel Round Bars Demand Share Forecast, 2019-2026
9. North America Hot-Rolled Steel 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 Steel 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 Steel 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 Steel Round Bars Market Size and Volume Forecast by Type
9.7.1. Stainless Steel Bars
9.7.2. Carbon Steel Bars
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 Steel Round Bars Demand Share Forecast, 2019-2026
10. Latin America Hot-Rolled Steel 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 Steel 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 Steel 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 Steel Round Bars Market Size and Volume Forecast by Type
10.7.1. Stainless Steel Bars
10.7.2. Carbon Steel Bars
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 Steel Round Bars Demand Share Forecast, 2019-2026
11. Europe Hot-Rolled Steel 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 Steel 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 Steel 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 Steel Round Bars Market Size and Volume Forecast by Type
11.7.1. Stainless Steel Bars
11.7.2. Carbon Steel Bars
11.8. Basis Point Share (BPS) Analyss by Type
11.9. Y-o-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 Steel Round Bars Demand Share, 2019-2026
12. Asia Pacific Hot-Rolled Steel 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 Steel 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 Steel 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 Steel Round Bars Market Size and Volume Forecast by Type
12.7.1. Stainless Steel Bars
12.7.2. Carbon Steel Bars
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 Steel Round Bars Demand Share, 2019-2026
13. Middle East & Africa Hot-Rolled Steel 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 Steel 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 Steel 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 Steel Round Bars Market Size and Volume Forecast by Type
13.7.1. Stainless Steel Bars
13.7.2. Carbon Steel Bars
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 Steel Round Bars Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hot-Rolled Steel Round Bars Market: Market Share Analysis
14.2. Hot-Rolled Steel Round Bars Distributors and Customers
14.3. Hot-Rolled Steel Round Bars Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Riva Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sidenor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tata Steel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sandvik Materials Technology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Saarstahl
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DEW-STAHL
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. IMS - SCHMOLZ+BICKENBACH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ascometal
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Georgsmarienhütte
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Caparo Merchant Bar
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Xiwang Special Steel
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhuzhou Lizhou
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Meigi 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. OSAKA STAINLESS Co
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hanil Steel
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. MITSUBISHI STEEL MFG
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. JFE 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. Dongbei Special Steel Group
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
