Global Steel Rebar Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Deformed and Mild.

By Finishing Type;

Black Rebar, Epoxy Coated Rebar, Fabricated Rebar, and Others.

By End-User;

Residential and Non-Residential - Commercial, Infrastructure, and Institutional.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn759085083 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Steel Rebar Market (USD Million), 2021 - 2031

In the year 2024, the Global Steel Rebar Market was valued at USD 208,708.78 million. The size of this market is expected to increase to USD 287,850.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.7%.

The Global Steel Rebar Market is a critical segment of the construction industry, driven by the increasing demand for reinforced concrete in infrastructure and building projects. Steel rebar, or reinforcing bar, is used to strengthen concrete, improving its tensile strength and making it more durable for construction applications. As the global economy grows and urbanization accelerates, the demand for steel rebar is rising, particularly in emerging markets like China, India, and Southeast Asia, where infrastructure development is a priority. The construction of residential and commercial buildings, bridges, roads, and other public infrastructure projects significantly boosts the need for steel rebar, creating a steady market for this product.

In developed markets like North America and Europe, the steel rebar market is seeing growth driven by the ongoing repair and maintenance of aging infrastructure. Governments are investing in modernization and upgrades of roads, bridges, and tunnels, where the demand for high-quality steel rebar is significant. Additionally, as cities in these regions continue to expand and urbanize, the need for residential and commercial development drives the demand for reinforced concrete structures. In regions like North America, the adoption of more advanced manufacturing technologies in steel production, such as electric arc furnaces, is helping meet the demand for steel rebar while improving sustainability by recycling steel and reducing carbon emissions.

Geographically, the Asia-Pacific region dominates the global steel rebar market, owing to its large-scale infrastructure development projects, particularly in China and India. Both of these countries are heavily investing in urbanization, transportation infrastructure, and industrial development, driving significant demand for steel rebar. The Middle East and Africa region also shows strong growth due to the ongoing construction booms, particularly in countries like the UAE, Saudi Arabia, and Qatar, where infrastructure development and mega projects like stadiums and high-rise buildings are in progress. In contrast, the European and North American markets are relatively stable, with a focus on infrastructure repair, expansion, and sustainable construction practices. As a result, global steel rebar production is increasingly concentrated in regions where large-scale construction projects are most prevalent, and manufacturers are expanding their production capabilities to meet these growing demands.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Finishing Type
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global Steel Rebar Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Infrastructure Development and Urbanization

        2. Rising Demand for Residential and Commercial Construction

        3. Government Investments in Infrastructure Projects

        4. Technological Advancements in Steel Rebar Production

      2. Restraints
        1. Fluctuating Raw Material Prices

        2. Environmental Impact of Steel Production

        3. Availability of Substitutes such as Fiberglass and Composite Rebars

        4. Supply Chain Disruptions and Production Delays

      3. Opportunities
        1. Expansion in Emerging Markets with Rapid Urbanization
        2. Increasing Demand for Sustainable and Eco-Friendly Construction Materials
        3. Adoption of Advanced Manufacturing Techniques for Cost Reduction
        4. Development of High-Strength and Corrosion-Resistant Rebars for Harsh Environments

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Steel Rebar Market, By Type, 2021 - 2031 (USD Million)
      1. Deformed
      2. Mild
    2. Global Steel Rebar Market, By Finishing Type, 2021 - 2031 (USD Million)
      1. Black Rebar
      2. Epoxy Coated Rebar
      3. Fabricated Rebar
      4. Others
    3. Global Steel Rebar Market, By End-User, 2021 - 2031 (USD Million)
      1. Residential
      2. Non-Residential
        1. Commercial
        2. Infrastructure
        3. Institutional
    4. Global Steel Rebar Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ArcelorMittal
      2. Celsa Steel (UK) Ltd.
      3. Contractors Materials Company
      4. Daido Steel Co Ltd
      5. Essar Steel
      6. Gerdau S/A
      7. HYUNDAI STEEL
      8. JFE Steel Corporation
      9. Jiangsu Shagang Group Co Ltd
      10. KOBE STEEL LTD
      11. Mechel
      12. Nucor
  7. Analyst Views
  8. Future Outlook of the Market