The global steel 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 from USD 3.6 billion in 2018. The growth of the market can be attributed to the increasing demand for steel round bars in various applications such as transportation and automotive, industrial application, and construction.
HoRolled Steel Round Bars accounted for the largest share of the global steel round bars market in 2018, followed by ColRolled Steel Round Bars and Forged Steel Round Bars respectively. HoRolled Steel Round Bars are used extensively in transportation and automotive industry owing to their high strength-to-weight ratio which makes them suitable for use as structural components such as axles or suspension systems on vehicles or railway cars; they are also used in construction industry owing to their high strength-to-weight ratio which makes them suitable for use as structural components such as columns or beams on buildings; they are also used in industrial application owing to their high strength-to-weight ratio which makes them suitable for use as structural components such as columns or beams on buildings; they are also used in construction industry owing to their high strength-to-weight ratio which makes them suitable for use as structural components such as columns or beams on buildings; they are also used in industrial application owing to their high strength-to-weight ratio which makes them suitable for use as structural components such a.
Some Of The Growth Factors Of This Market:
- Increasing demand for steel round bars in the construction industry.
- Increasing demand for steel round bars in the automotive industry.
- Increasing demand for steel round bars in the oil and gas industry.
- Rising prices of raw materials such as iron ore, coal, and coking coal.
- Increase in global GDP.
Industry Growth Insights published a new data on “Steel Round Bars Market”. The research report is titled “Steel Round Bars Market research by Types (Hot-Rolled Steel Round Bars, Cold-Rolled Steel Round Bars, Forged Steel Round Bars), By Applications (Transportation and Automotive, Industrial Application, Construction, Others), By Players/Companies ArcelorMittal, NSSMC, Shandong Iron& Steel, CITIC Special Steel, Lingyuan Iron& Steel, Jiangsu Shagang Group, Hanggang, Georgsmarienhütte GmbH, Riva Group, Grupo Simec, Tata Steel, Sandvik Materials Technology, JFE Steel, Sidenor, OVAKO, Saarstahl, Dongbei Special Steel, Outokumpu, SCHMOLZ+BICKENBACH, Steel Annahütte”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Round Bars Market Research Report
By Type
Hot-Rolled Steel Round Bars, Cold-Rolled Steel Round Bars, Forged Steel Round Bars
By Application
Transportation and Automotive, Industrial Application, Construction, Others
By Companies
ArcelorMittal, NSSMC, Shandong Iron& Steel, CITIC Special Steel, Lingyuan Iron& Steel, Jiangsu Shagang Group, Hanggang, Georgsmarienhütte GmbH, Riva Group, Grupo Simec, Tata Steel, Sandvik Materials Technology, JFE Steel, Sidenor, OVAKO, Saarstahl, Dongbei Special Steel, Outokumpu, SCHMOLZ+BICKENBACH, Steel Annahütte
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Steel Round Bars Market Report Segments:
The global Steel Round Bars market is segmented on the basis of:
Types
Hot-Rolled Steel Round Bars, Cold-Rolled Steel Round Bars, Forged Steel Round 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
Transportation and Automotive, Industrial Application, Construction, 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
- NSSMC
- Shandong Iron& Steel
- CITIC Special Steel
- Lingyuan Iron& Steel
- Jiangsu Shagang Group
- Hanggang
- Georgsmarienhütte GmbH
- Riva Group
- Grupo Simec
- Tata Steel
- Sandvik Materials Technology
- JFE Steel
- Sidenor
- OVAKO
- Saarstahl
- Dongbei Special Steel
- Outokumpu
- SCHMOLZ+BICKENBACH
- Steel Annahütte
Highlights of The 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:
- Hot-Rolled Steel Round Bars
- Cold-Rolled Steel Round Bars
- Forged Steel Round Bars
- By Application:
- Transportation and Automotive
- Industrial Application
- Construction
- 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 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.
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 round bars are a type of steel that is used in construction. They are made from a variety of metals, including iron and steel, and have a diameter of 0.8 inches to 2 inches (2.1 to 5.1 cm). Steel round bars are often used in construction because they are strong and can withstand high levels of stress.
Some of the major players in the steel round bars market are ArcelorMittal, NSSMC, Shandong Iron& Steel, CITIC Special Steel, Lingyuan Iron& Steel, Jiangsu Shagang Group, Hanggang, GeorgsmarienhƒÂ¼tte GmbH, Riva Group, Grupo Simec, Tata Steel, Sandvik Materials Technology, JFE Steel, Sidenor, OVAKO, Saarstahl, Dongbei Special Steel, Outokumpu, SCHMOLZ+BICKENBACH, Steel AnnahƒÂ¼tte.
The steel round bars market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 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. 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. Steel Round Bars Market - Supply Chain
4.5. Global Steel Round Bars Market Forecast
4.5.1. Steel Round Bars Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steel Round Bars Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steel Round Bars Market Absolute $ Opportunity
5. Global 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. Steel Round Bars Market Size and Volume Forecast by Type
5.3.1. Hot-Rolled Steel Round Bars
5.3.2. Cold-Rolled Steel Round Bars
5.3.3. Forged Steel Round Bars
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global 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. Steel Round Bars Market Size and Volume Forecast by Application
6.3.1. Transportation and Automotive
6.3.2. Industrial Application
6.3.3. Construction
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global 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. 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 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. 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 Steel Round Bars Demand Share Forecast, 2019-2026
9. North America 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 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 Steel Round Bars Market Size and Volume Forecast by Application
9.4.1. Transportation and Automotive
9.4.2. Industrial Application
9.4.3. Construction
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 Steel Round Bars Market Size and Volume Forecast by Type
9.7.1. Hot-Rolled Steel Round Bars
9.7.2. Cold-Rolled Steel Round Bars
9.7.3. Forged Steel Round 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 Steel Round Bars Demand Share Forecast, 2019-2026
10. Latin America 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 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 Steel Round Bars Market Size and Volume Forecast by Application
10.4.1. Transportation and Automotive
10.4.2. Industrial Application
10.4.3. Construction
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 Steel Round Bars Market Size and Volume Forecast by Type
10.7.1. Hot-Rolled Steel Round Bars
10.7.2. Cold-Rolled Steel Round Bars
10.7.3. Forged Steel Round 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 Steel Round Bars Demand Share Forecast, 2019-2026
11. Europe 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 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 Steel Round Bars Market Size and Volume Forecast by Application
11.4.1. Transportation and Automotive
11.4.2. Industrial Application
11.4.3. Construction
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 Steel Round Bars Market Size and Volume Forecast by Type
11.7.1. Hot-Rolled Steel Round Bars
11.7.2. Cold-Rolled Steel Round Bars
11.7.3. Forged Steel Round Bars
11.8. Basis Point Share (BPS) Analysis 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 Steel Round Bars Demand Share, 2019-2026
12. Asia Pacific 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 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 Steel Round Bars Market Size and Volume Forecast by Application
12.4.1. Transportation and Automotive
12.4.2. Industrial Application
12.4.3. Construction
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 Steel Round Bars Market Size and Volume Forecast by Type
12.7.1. Hot-Rolled Steel Round Bars
12.7.2. Cold-Rolled Steel Round Bars
12.7.3. Forged Steel Round 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 Steel Round Bars Demand Share, 2019-2026
13. Middle East & Africa 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 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 Steel Round Bars Market Size and Volume Forecast by Application
13.4.1. Transportation and Automotive
13.4.2. Industrial Application
13.4.3. Construction
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 Steel Round Bars Market Size and Volume Forecast by Type
13.7.1. Hot-Rolled Steel Round Bars
13.7.2. Cold-Rolled Steel Round Bars
13.7.3. Forged Steel Round 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 Steel Round Bars Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steel Round Bars Market: Market Share Analysis
14.2. Steel Round Bars Distributors and Customers
14.3. Steel Round Bars Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ArcelorMittal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. NSSMC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shandong Iron& 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. CITIC Special Steel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lingyuan Iron& Steel
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jiangsu Shagang Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hanggang
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Georgsmarienhütte GmbH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Riva Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Grupo Simec
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tata 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. Sandvik Materials Technology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. JFE Steel
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sidenor
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. OVAKO
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Saarstahl
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Dongbei Special 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. Outokumpu
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. SCHMOLZ+BICKENBACH
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Steel Annahütte
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
