LONDON, April 11, 2016 /PRNewswire/ -- Rebars are used as tensile devices in reinforced concrete to give strength and hold the concrete in tension. Apart from strength, rebars are used to absorb energy, adapt to extreme conditions, and hold stress during natural disasters.
The market is anticipated to grow at a rapid pace due to extensive construction activities in APAC. Non-residential constructions are the major end-users of rebars. In addition, institutions such as the Korea Concrete Institute are promoting the use of rebars for construction. China is the major market for rebars globally and is also a major exporter and producer. Other than China Turkey is the major exporter of steel rebars.
Technavio's analysts forecast the global steel rebars market to grow at a CAGR of 6.42% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global steel rebars market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top seven vendors operating in the market.
The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- MEA
Technavio's report, Global Steel Rebars Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- ArcelorMittal
- EVRAZ
- Gerdau
- Hebei Iron and Steel
- Jiangsu Shagang
- Nucor
- Tata Steel
Other prominent vendors
- Baosteel
- Celsa Steel
- Heilongjiang Jianlong Iron and Steel
- Mechel
- Riva Group
Market driver
- Industrialization and development in APAC
- For a full, detailed list, view our report
Market challenge
- Fluctuating raw material prices
- For a full, detailed list, view our report
Market trend
- Growth in renewable energy industry
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Download the full report: https://www.reportbuyer.com/product/3696606/
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
http://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article