Rolled Steel Bars Market by Process (Hot Rolled and Cold Rolled), Section (Angle, T-Section, I-Section, Flat Bars, Plates, and Others), Type (Carbon Steel and Stainless Steel), Application (Rail Tracks, Beams, Shelves, Truck Frames, and Others),and EndUser (Construction, Railways, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027
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A06168
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Jul 2020 |
312 Views
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Author(s) :
Eswara Prasad
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Generally, rolled steel bars are manufactured by hot rolling and cold rolling process depending upon its application. These bars offer different properties, such as alliance of powder after mixing, reduction of porosity, enhancement of particle bonding, and high strain rate. Cold-rolled steel (CRS) bars are manufactured through pickling process using hot rolled steel coils as a raw material .The process involves removal of oxides skin followed by tandem cooling. Hot rolled steel bars are manufactured by hot rolling at a temperature above its recry stallization temperature and it offers more mill scale when contrasted with cold rolled steel bars. Steel bars manufactured from hot rolling process are utilized in the semi-finished and finished products such as plates, strips, and rods.
Proliferating demand for rolled steel bars in various end user segments, such as construction, railway, and automotive are expected to drive the growth of the global rolled steel bars market. Further, growth in transportation sector coupled with rise in production of railway track is expected to fuel the demand during the forecast period. In addition ,usage of steel bars in construction beams as an essential component is anticipated to fuel the segment growth. However, steel bars manufactured from hot rolling process have low hot steel compression ratio affecting the overall bending property .Nonetheless, advanced rolled steel bars with improved mechanical propertiesare expected to provide further opportunities in the upcoming period.
The rolled steel bars is segmented into process, section, type, application, enduser, and region. By process, the market is classified into hot rolled steel bars and cold rolled steel bars.By section, the market is divided into angle, T-section, I-section, flat bars, plates, and others. By type, the market is bifurcated into carbon steel and stainless steel. By application, the market is categorized in to rail tracks, beams, shelves, truck frames and others. By end-user, the market is divided into construction, railways, automotive ,and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).
Some of the key players working in the global rolled steel bars market are Tata Steel, Riva Group, Sanyo Special Steel Co., Ltd., Sverdrup Steels, Sandvik Materials Technology, Baglietto Marine Steel Company, Ambica Steels Limited, Arcelor Mittal Europe, Baosteel Group Hu ,and Others.
Key Benefits for Stakeholders:
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The global rolled steel bars market size has been analyzed across four major regions.
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Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of global rolled steel bars market for strategy building.
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The report outlines the current market trends and future scenario of the market size from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.
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Major countries in each region have been mapped according to their individual revenue contribution to the regional market.
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The key drivers, restraints, opportunities, and trends along with their detailed impact analysis are elucidated in the study.
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The global rolled steel bars market analysis covers in-depth information of the major industry participants.
Scope of the Report:
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Report Metric |
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Market size available for years |
2019–2027 |
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Base year considered |
2019 |
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Forecast period |
2020–2027 |
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Forecast units |
Value (USD), Volume (Tons) |
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Segments covered |
Process, Section, Type, Application, End User, and Region |
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Regionscovered |
North America, Europe, Asia-Pacific, and LAMEA |
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Companies covered |
Tata Steel, Riva Group, Sanyo Special Steel Co., Ltd., Sverdrup Steels, Sandvik Materials Technology, Baglietto Marine Steel Company, Ambica Steels Limited, Arcelor Mittal Europe, Baosteel Group Hu, and Others. |
Key Market Segmentation:
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ATTRIBUTE |
DETAILS |
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By Process |
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By Section |
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By Type |
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By Application |
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By EndUser
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By Region |
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Questions answered in the global rolled steel bars market research report:
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What is the growth rate of the market during the forecast period?
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What will be the global rolled steel bars market size from 2020 to 2027?
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Who are the leading manufacturing companies in the market?
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How the major current trends will shape the global rolled steel bars market in the future?
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What are the driving factors and opportunities in the market?
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Which will be the niches at which players profiling with thorough plans, financials, and recent advancements should set a presence?
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