US Steel Rebar Market Size and Forecasts (2020-2030)
US Steel Rebar Market Size and Forecasts (2020 – 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Mild and Deformed), Coating Type (Plain, Galvanized, and Epoxy Coated), and Application (Residential Buildings, Infrastructure, and Industrial)
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- Toplines
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- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
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Description
Steel rebar is a critical component in the construction industry, reinforcing and strengthening concrete structures. The increasingly high-strength steel, typically with ribbed surfaces, is strategically placed within concrete to enhance strength. This reinforcement is crucial because concrete excels in compression but has limited tensile strength and is prone to cracking under tension. The design of steel rebar involves a careful balance of flexibility and strength, allowing it to withstand various structural loads. The ribbed patterns on the surface of the rebar enhance its bond with the surrounding concrete, preventing slippage and ensuring effective load transfer between the two materials. The use of steel rebar is a testament to the synergy between materials in construction, combining the compression strength of concrete with the tensile strength of steel to create durable and resilient structures capable of withstanding diverse environmental conditions and loads over time.
In residential construction, steel rebar plays a crucial role in reinforcing concrete foundations, columns, and beams. The durability and strength provided by steel rebar are essential for ensuring the longevity and structural integrity of residential buildings. This is particularly significant in regions prone to seismic activity, where the use of reinforced concrete structures supported by steel rebar is essential for meeting stringent safety standards. Additionally, the trend toward sustainable and resilient construction practices further supports the demand for steel rebar. As builders and developers focus on constructing energy-efficient and environmentally friendly residential buildings, the use of reinforced concrete featuring steel rebar aligns with these objectives. Steel rebar’s recyclability and ability to enhance structures’ longevity contribute to the overall sustainability of residential construction projects. The residential construction sector is expanding with growing private and US government investments. For instance, in 2021, the US government is also focusing on providing affordable housing. As part of the BBB plan, the government allocated an investment of US$ 150 billion on affordable housing provisions to construct and rehabilitate over 1 million affordable homes across the country. This increased government investment is expected to increase the demand for residential construction materials, which is expected to boost the US steel rebar market growth. Noncorrosive properties are becoming increasingly important in construction materials, especially in areas with high humidity or proximity to saltwater. Traditional rebars are susceptible to corrosion, which can compromise the structural integrity of a building over time. The demand for noncorrosive steel rebars has upsurged as they offer longevity and durability, reducing maintenance costs and ensuring the safety and stability of structures over their lifespan. Thus, the rising demand for lightweight, high-strength, and noncorrosive rebars drives the US steel rebar market growth.
Moreover, Steel rebars play a vital role in the construction of residential buildings as they provide crucial reinforcement to concrete structures. The rebars are commonly used in the foundation of homes, where they are strategically placed within the concrete to enhance its tensile strength. The reinforcement helps the foundation withstand the structural loads the building imposes, ensuring stability and durability over time. Steel rebars are often used in residential construction to construct reinforced concrete columns and beams. These elements support the overall framework of the building, distributing loads efficiently and preventing structural failure. Using rebars in columns and beams contributes to the building’s ability to resist external forces, such as wind, earthquakes, and the structure’s weight.
Moreover, steel rebars have applications in the construction of slabs and floor systems within residential buildings. Reinforced concrete slabs benefit from the added strength and flexibility provided by properly placed rebars, whether for ground floors or upper levels. In the context of residential buildings, steel rebars are essential in reinforced concrete walls. This application enhances the walls’ load-bearing capacity and resistance to lateral forces. Additionally, rebars may be used in constructing balconies, stairs, and other structural elements, contributing to the overall safety and integrity of the residential buildings. Surging demand from these residential construction is expected to drive the US steel rebar market growth.
A few key players operating in the US steel rebar market are Steel Edge Inc, InteRebar Fabricators LLC, JJ Rebar Corp, Pacific Steel Group, PJ’s Rebar Inc, Integrity Rebar Placers, Nucor Harris Rebar Inc, Camblin Steel Services Inc, Northern Nevada Rebar Inc, and Bellis Steel Co Inc. Players operating in the market are highly focused on developing high-quality and innovative product offerings to fulfill customers’ requirements.
The overall US steel rebar market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants, such as valuation experts, research analysts, and key opinion leaders—specializing in the US steel rebar market.
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According to the research team analysis, US steel rebar market is expected to grow from US$ 20.67 billion in 2022 to US$ 27.68 billion by 2030; it is expected to register a CAGR of 3.7% from 2022 to 2030.
Steel rebar is a crucial construction material that is extensively used in the building industry to reinforce concrete structures. Comprising sturdy and durable steel, rebar is strategically placed within concrete elements such as foundations, columns, and slabs to enhance their tensile strength and overall structural integrity. These rebars provide crucial structural support in residential construction, reinforcing concrete structures and enhancing their strength. Moreover, steel rebar offers advantages in terms of safety and longevity. Steel-reinforced structures are preferred in seismic-prone regions due to their ability to withstand earthquakes. Additionally, these rebars are resistant to corrosion, ensuring the durability of residential buildings over time. The longevity is appealing to homeowners and developers, contributing to the increased demand for steel rebar in the residential construction sector.
US Steel Rebar Market Breakdown – by Country
Construction is one of the major contributors to the US economy. According to the Associated General Contractors of America (AGC), the construction industry has more than 745,000 employers with more than 7.6 million employees and creates nearly US$ 1.4 trillion worth of structures annually. Residential building construction is the largest segment of the US construction industry. The market for this segment is fueled by a rise in government spending on residential construction and an increase in demand for new homes and building improvements. The government spending from the National Housing Strategy (NHS) to encourage energy-efficient construction is powering additional demand for residential projects. The government has announced funding for the NHS over the 2018–2019 to 2028–2029 period of more than US$ 82 billion. According to the US Census Bureau, 37 million (15%) adults aged 18 and above lived alone in 2021, up from 33 million (15%) in 2011. As the construction industry in the US expands to meet the demand for new homes and infrastructure, the need for durable and resilient building materials such as steel rebars grows.
As environmental consciousness grows, industries are increasingly adopting eco-friendly practices, and the steel production sector is no exception. Sustainable manufacturing aligns with global environmental goals and enhances the overall appeal and market positioning of steel rebar as a construction material. Sustainable manufacturing techniques such as electric arc furnaces powered by renewable energy sources are gaining traction. This shift addresses environmental concerns and positions steel rebar as a more sustainable and socially responsible choice for construction projects. The demand for green building materials is rising, driven by regulatory frameworks and a growing awareness of the environmental impact of construction. Steel rebar, produced through sustainable methods, meet these evolving market demands. Architects, builders, and developers are increasingly seeking materials with lower embodied carbon and reduced environmental impact, making sustainably produced steel rebar an attractive choice for construction projects aiming for LEED certification or other sustainability benchmarks. From addressing environmental concerns to meeting the rising demand for green building materials, the adoption of eco-friendly practices positions steel rebar as a key element in the construction industry’s transition toward more sustainable and responsible practices. Therefore, the development of sustainable manufacturing processes is anticipated to shape the future of the steel rebar market in the US.
Steel Edge Inc, InteRebar Fabricators LLC, JJ Rebar Corp, Pacific Steel Group, PJ’s Rebar Inc, Integrity Rebar Placers, Nucor Harris Rebar Inc, Camblin Steel Services Inc, Northern Nevada Rebar Inc, and Bellis Steel Co Inc are among the key players operating in the US steel rebar market.
The “US Steel Rebar Market Forecast Analysis to 2030” is a specialized and in-depth study of the chemicals & materials industry, focusing on the US steel rebar market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The US steel rebar market is segmented on the basis of type, coating type, and application. In terms of type, the market is bifurcated into mild and deformed. In 2022, the deformed segment dominated the market and is expected to be the fastest-growing segment from 2022 to 2030. Deformed steel rebar plays a crucial role in construction by providing strength and stability to concrete structures. These bars are manufactured with ridges, deformations, or patterns to enhance their bonding with concrete. The deformations create a mechanical anchoring effect, preventing slippage between the steel and concrete, especially in situations where the structure is subjected to tension or stress. The uneven surface of the rebar allows for better adhesion with the surrounding concrete, ensuring a robust and durable composite material. This is particularly important in applications where the structure needs to withstand seismic forces, heavy loads, or other external pressures. Furthermore, using deformed steel rebar helps enhance the ductility of the reinforced concrete. In the event of an earthquake or other dynamic forces, structures reinforced with deformed rebar are better equipped to absorb and redistribute energy, reducing the risk of catastrophic failure. All these factors boost the market growth for the deformed segment.
o Progressive industry trends in the US steel rebar market to help players develop effective long-term strategies
o Business growth strategies adopted by developed and developing markets
o Quantitative analysis of the US steel rebar market
o Estimation of the demand for steel rebar across various industries
o Porter’s five forces analysis provide a 36NA-degree view of the US steel rebar market
o Recent developments to understand the competitive market scenario and the demand for steel rebar in the US scenario.
o Market trends and outlook coupled with factors driving and restraining the growth of the US steel rebar market.
o Decision-making process by understanding strategies that underpin commercial interest concerning the US steel rebar market growth
o The US steel rebar market size at various nodes of market
o Detailed overview and segmentation of the US steel rebar market as well as its dynamics in the industry
o The US steel rebar market size in different regions with promising growth opportunities
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Report Guidance.
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
2.2.1 Market Attractiveness for US, by Application
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Steel Rebar Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 List of Potential Customers
4.4 Ecosystem Analysis
4.4.1 Raw Material Suppliers:
4.4.2 Manufacturers:
4.4.3 Distributors or Suppliers:
4.4.4 End Use Industry:
5. US Steel Rebar Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Residential Construction Sector
5.1.2 Increasing Demand for Lightweight, High Strength, and Noncorrosive Rebars
5.2 Market Restraints
5.2.1 Fluctuating Raw Material Prices
5.3 Market Opportunities
5.3.1 Increasing Investments in Infrastructure Development
5.4 Future Trends
5.4.1 Development of a Sustainable Manufacturing Process
5.5 Impact Analysis
6. Steel Rebar Market – US Market Analysis
6.1 Steel Rebar Market Revenue (Kilo Tons)
6.2 Steel Rebar Market Revenue (US$ Billion)
6.3 Steel Rebar Market Forecast and Analysis
7. Steel Rebar Market Analysis – Type
7.1 Mild
7.1.1 Overview
7.1.2 Mild Market Volume, Revenue and Forecast to 2030 (US$ Billion)
7.2 Deformed
7.2.1 Overview
7.2.2 Deformed Market Volume, Revenue and Forecast to 2030 (US$ Billion)
8. Steel Rebar Market Analysis – Coating Type
8.1 Plain
8.1.1 Overview
8.1.2 Plain Market, Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Billion)
8.2 Galvanized
8.2.1 Overview
8.2.2 Galvanized Market, Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Billion)
8.3 Epoxy Coated
8.3.1 Overview
8.3.2 Epoxy Coated Market, Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Billion)
9. Steel Rebar Market Analysis – Application
9.1 Residential Buildings
9.1.1 Overview
9.1.2 Residential Buildings Market, Revenue, and Forecast to 2030 (US$ Billion)
9.2 Infrastructure
9.2.1 Overview
9.2.2 Infrastructure Market Revenue, and Forecast to 2030 (US$ Billion)
9.3 Industrial
9.3.1 Overview
9.3.2 Industrial Market Revenue and Forecast to 2030 (US$ Billion)
10. Impact of COVID-19 Pandemic on US Steel Rebar Market
10.1 Pre & Post Covid-19 Impact
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
12. Competitive Landscape
12.1 Heat Map Analysis By Key Players
12.2 Company Positioning & Concentration
13. Company Profiles
13.1 Steel Edge Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 InteRebar Fabricators LLC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 JJ Rebar Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Pacific Steel Group
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 PJ’s Rebar Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Integrity Rebar Placers
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Nucor Harris Rebar Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Camblin Steel Services Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Northern Nevada Rebar Inc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Bellis Steel Co Inc
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
LIST OF TABLES
Table 1. Steel Rebar Market Segmentation
Table 2. List of Raw Material Suppliers
Table 3. List of Manufacturers
Table 4. Steel Rebar Market Volume and Forecasts To 2030 (Kilo Tons)
Table 5. Steel Rebar Market Revenue and Forecasts To 2030 (US$ Billion)
Table 6. Steel Rebar Market Revenue and Forecasts To 2030 (US$ Billion) –Type
Table 7. Steel Rebar Market Volume and Forecasts To 2030 (Kilo Tons) – Coating Type
Table 8. Steel Rebar Market Revenue and Forecasts To 2030 (US$ Billion) – Coating Type
Table 9. Steel Rebar Market Revenue and Forecasts To 2030 (US$ Billion) – Application
Table 10. Company Positioning & Concentration
LIST OF FIGURES
Figure 1. Steel Rebar Market Segmentation, By Geography
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Steel Rebar Market
Figure 4. Market Dynamics: Global Mancozeb Market
Figure 5. Fluctuations in Iron Ore Prices from January 2019 to April 2023
Figure 6. US Steel Rebar Market Impact Analysis of Drivers and Restraints
Figure 7. Steel Rebar Market Revenue (Kilo Tons), 2020 – 2030
Figure 8. Steel Rebar Market Revenue (US$ Billion), 2020 – 2030
Figure 9. Steel Rebar Market Share (%) –Type, 2022 and 2030
Figure 10. Mild Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 11. Deformed Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 12. Steel Rebar Market Share (%) – Coating Type, 2022 and 2030
Figure 13. Plain Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 14. Plain Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 15. Galvanized Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 16. Galvanized Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 17. Epoxy Coated Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 18. Epoxy Coated Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 19. Steel Rebar Market Share (%) – Application, 2022 and 2030
Figure 20. Residential Buildings Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 21. Infrastructure Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 22. Industrial Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 23. Heat Map Analysis By Key Players
The List of Companies – US Steel Rebar Market
o Steel Edge Inc
o InteRebar Fabricators LLC
o JJ Rebar Corp
o Pacific Steel Group
o PJ’s Rebar Inc
o Integrity Rebar Placers
o Nucor Harris Rebar Inc
o Camblin Steel Services Inc
o Northern Nevada Rebar Inc
o Bellis Steel Co Inc
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