Global Steel Round Bars Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Manufacturing Process Coverage, By End-use Industry Coverage, By Material type Coverage, By Geographic Coverage and By Company)
Published Date: Oct 2023 |
Format:
| No. of Pages: 230
The worldwide market for steel round bars attained the size of US$2.7 Bn in 2022, which is likely to reach approximately US$3.9 Bn by the end of forecast year.
The projected rate of growth for the steel round bars market during 2023 - 2030 is 4.2%.
North America presently holds the largest share of the global steel round bars market valuation.
The primary factor projected to drive the steel round bars market expansion is the growing number of construction activities across various developing regions, and growing industrialisation.
By application, the construction segment represented the leading category in the global steel round bars market in 2022. Based on the end-use industry, the infrastructure segment constituted a major market share the same year.