Steel Rebar Market Size, Share, Trends, Industry Analysis Report: By Type (Deformed and Mild), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Description

List of Tables

The global steel rebar market size is expected to reach USD 506.06 billion by 2034, according to a new study by Polaris Market Research. The report "Steel Rebar Market Size, Share, Trends, Industry Analysis Report: By Type (Deformed and Mild), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The expansion of industries is driving the growth of the steel rebar market, as new factories, warehouses, and manufacturing plants require strong, durable construction materials. Industrial growth leads to an increased need for infrastructure, such as buildings and power plants, all of which rely on steel rebar for reinforcement. Additionally, the development of transportation networks, such as roads and railways, in expanding industrial zones also require steel rebar in their construction.

Government investments in infrastructure are also driving the steel rebar market expansion. Increased public spending on large-scale projects such as roads, bridges, airports, and railways is creating a steady demand for steel rebar, which is essential for reinforcing concrete structures. Governments are prioritizing infrastructure development to improve connectivity, boost economic growth, and modernize aging facilities. For example, major initiatives like the US Bipartisan Infrastructure Law, which allocates trillions of dollars for infrastructure, are fueling this demand. These investments not only improve public infrastructure but also drive construction activities, further increasing the need for steel rebar in both urban and industrial development.

The rise in disposable income is boosting the steel rebar market revenue as individuals are now able to afford better housing and infrastructure. For example, personal disposable income in the US rose by 0.1% from August to September 2024. Higher income levels are driving the demand for residential buildings, which in turn increases the need for steel rebar for reinforcement. Both governments and developers are investing in larger construction projects, increasing steel rebar demand.

Steel Rebar Market Report Highlights

Based on type, the deformed segment recorded the largest revenue in the global market in 2024. This growth is attributed to the rising demand for deformed steel rebar in the construction of high-rise skyscrapers.

By application, the construction & infrastructure segment dominated the market in 2024 due to the increase in the number of construction and infrastructure projects worldwide.

In 2024, Asia Pacific had the largest revenue share of the global market due to rapid industrialization, urbanization, and significant infrastructure development in the region.

The steel rebar market in North America is experiencing significant growth in the global market due to increased investment in infrastructure.

A few of the global key market players are ArcelorMittal, SAIL, NLMK, Tata Steel, JSW, NIPPON STEEL CORPORATION, Nucor, Gerdau S/A, Mechal, and Steel Dynamics Inc.

Polaris market research has segmented the steel rebar market report on the basis of type, application, and region:

By Type Outlook (Volume - Kilotons, Revenue - USD Billion, 2020-2034)

§ Mild
§ Deformed

By Application Outlook (Volume - Kilotons, Revenue - USD Billion, 2020-2034)

§ Construction & Infrastructure
§ Industrial

By Regional Outlook (Volume - Kilotons, Revenue - USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa

Product Code: PM5373

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Steel Rebar Market Insights

4.1. Steel Rebar Market - Market Snapshot
4.2. Steel Rebar Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Rise in Construction Sites
  - 4.2.1.2. Rise in Investment in Infrastructure
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Initial Cost of Manufacturing
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Steel Rebar Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Steel Rebar Market, by Type

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Steel Rebar Market, by Type, 2020-2034 (USD Billion)
5.3. Mild
- 5.3.1. Global Steel Rebar Market, by Mild, by Region, 2020-2034 (USD Billion)
5.4. Deformed
- 5.4.1. Global Steel Rebar Market, by Deformed, by Region, 2020-2034 (USD Billion)

6. Global Steel Rebar Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Steel Rebar Market, by Application, 2020-2034 (USD Billion)
6.3. Construction & Infrastructure
- 6.3.1. Global Steel Rebar Market, by Construction & Infrastructure, by Region, 2020-2034 (USD Billion)
6.4. Industrial
- 6.4.1. Global Steel Rebar Market, by Industrial, by Region, 2020-2034 (USD Billion)

7. Global Steel Rebar Market, by Geography

7.1. Key Findings
7.2. Introduction
- 7.2.1. Steel Rebar Market Assessment, By Geography, 2020-2034 (USD Billion)
7.3. Steel Rebar Market - North America
- 7.3.1. North America: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
- 7.3.2. North America: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.3.3. Steel Rebar Market - U.S.
  - 7.3.3.1. U.S.: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.3.3.2. U.S.: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.3.4. Steel Rebar Market - Canada
  - 7.3.4.1. Canada: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.3.4.2. Canada: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
7.4. Steel Rebar Market - Europe
- 7.4.1. Europe: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
- 7.4.2. Europe: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.4.3. Steel Rebar Market - UK
  - 7.4.3.1. UK: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.4.3.2. UK: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.4.4. Steel Rebar Market - France
  - 7.4.4.1. France: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.4.4.2. France: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.4.5. Steel Rebar Market - Germany
  - 7.4.5.1. Germany: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.4.5.2. Germany: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.4.6. Steel Rebar Market - Italy
  - 7.4.6.1. Italy: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.4.6.2. Italy: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.4.7. Steel Rebar Market - Spain
  - 7.4.7.1. Spain: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.4.7.2. Spain: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.4.8. Steel Rebar Market - Netherlands
  - 7.4.8.1. Netherlands: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.4.8.2. Netherlands: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.4.9. Steel Rebar Market - Russia
  - 7.4.9.1. Russia: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.4.9.2. Russia: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.4.10. Steel Rebar Market - Rest of Europe
  - 7.4.10.1. Rest of Europe: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.4.10.2. Rest of Europe: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
7.5. Steel Rebar Market - Asia Pacific
- 7.5.1. Asia Pacific: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
- 7.5.2. Asia Pacific: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.5.3. Steel Rebar Market - China
  - 7.5.3.1. China: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.5.3.2. China: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.5.4. Steel Rebar Market - India
  - 7.5.4.1. India: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.5.4.2. India: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.5.5. Steel Rebar Market - Malaysia
  - 7.5.5.1. Malaysia: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.5.5.2. Malaysia: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.5.6. Steel Rebar Market - Japan
  - 7.5.6.1. Japan: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.5.6.2. Japan: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.5.7. Steel Rebar Market - Indonesia
  - 7.5.7.1. Indonesia: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.5.7.2. Indonesia: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.5.8. Steel Rebar Market - South Korea
  - 7.5.8.1. South Korea: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.5.8.2. South Korea: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.5.9. Steel Rebar Market - Australia
  - 7.5.9.1. Australia: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.5.9.2. Australia: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.5.10. Steel Rebar Market - Rest of Asia Pacific
  - 7.5.10.1. Rest of Asia Pacific: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.5.10.2. Rest of Asia Pacific: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
7.6. Steel Rebar Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
- 7.6.2. Middle East & Africa: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.6.3. Steel Rebar Market - Saudi Arabia
  - 7.6.3.1. Saudi Arabia: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.6.3.2. Saudi Arabia: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.6.4. Steel Rebar Market - UAE
  - 7.6.4.1. UAE: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.6.4.2. UAE: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.6.5. Steel Rebar Market - Israel
  - 7.6.5.1. Israel: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.6.5.2. Israel: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.6.6. Steel Rebar Market - South Africa
  - 7.6.6.1. South Africa: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.6.6.2. South Africa: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.6.7. Steel Rebar Market - Rest of Middle East & Africa
  - 7.6.7.1. Rest of Middle East & Africa: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.6.7.2. Rest of Middle East & Africa: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
7.7. Steel Rebar Market - Latin America
- 7.7.1. Latin America: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
- 7.7.2. Latin America: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.7.3. Steel Rebar Market - Mexico
  - 7.7.3.1. Mexico: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.7.3.2. Mexico: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.7.4. Steel Rebar Market - Brazil
  - 7.7.4.1. Brazil: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.7.4.2. Brazil: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.7.5. Steel Rebar Market - Argentina
  - 7.7.5.1. Argentina: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.7.5.2. Argentina: Steel Rebar Market, by Application, 2020-2034 (USD Billion)
- 7.7.6. Steel Rebar Market - Rest of Latin America
  - 7.7.6.1. Rest of Latin America: Steel Rebar Market, by Type, 2020-2034 (USD Billion)
  - 7.7.6.2. Rest of Latin America: Steel Rebar Market, by Application, 2020-2034 (USD Billion)

8. Competitive Landscape

8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

9.1. ArcelorMittal
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
9.2. SAIL
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
9.3. NLMK
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
9.4. Tata Steel
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
9.5. JSW
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
9.6. NIPPON STEEL CORPORATION
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
9.7. Nucor
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
9.8. Gerdau S/A
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
9.9. Mechal
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
9.10. Steel Dynamics Inc.
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development