Global Steel Rebar Market Size & Outlook, 2023-2030

The steel rebar industry worldwide is expected to reach a projected revenue of US$ 325,324.3 million by 2030. A compound annual growth rate of 4.2% is expected of the worldwide steel rebar industry from 2024 to 2030.
Revenue, 2023 (US$M)
$243,187.8
Forecast, 2030 (US$M)
$325,324.3
CAGR, 2024 - 2030
4.2%
Report Coverage
Worldwide

Global steel rebar market highlights

  • The global steel rebar market generated a revenue of USD 243,187.8 million in 2023 and is expected to reach USD 325,324.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 4.2% by 2030.
  • In terms of segment, construction accounted for a revenue of USD 137,073.7 million in 2023.
  • Infrastrcture is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 243,187.8 million
Market revenue in 2030USD 325,324.3 million
Growth rate4.2% (CAGR from 2023 to 2030)
Largest segmentConstruction
Fastest growing segmentInfrastrcture
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConstruction, Infrastrcture, Industrial

Other key industry trends

  • In terms of revenue, the North America accounted for 5.7% of the global steel rebar market in 2023.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 3,562.2 million by 2030.

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Steel Rebar Market Scope

Steel rebar market segmentation & scope
Automotive
Industrial Manufacturing
Power & Energy
Others
Residential
Non-residential
Oil & gas
Chemicals and petrochemicals
Automotive & transportion
Mechanical engineering
Power plant

Steel Rebar Market Companies

Name Profile # Employees HQ Website

Global steel rebar market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to steel rebar market will help companies and investors design strategic landscapes.


Construction was the largest segment with a revenue share of 56.37% in 2023. Horizon Databook has segmented the Global steel rebar market based on construction, infrastrcture, industrial covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Steel Rebar Application Outlook (Revenue, USD Million, 2018-2030)
    • Construction
    • Infrastrcture
    • Industrial
    • Automotive
    • Industrial Manufacturing
    • Power & Energy
    • Others
    • Residential
    • Non-residential
    • Oil & gas
    • Chemicals and petrochemicals
    • Automotive & transportion
    • Mechanical engineering
    • Power plant

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Horizon Databook provides a detailed overview of global-level data and insights on the Global steel rebar market , including forecasts for subscribers. This global databook contains high-level insights into Global steel rebar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global steel rebar market size, by regions, 2018-2030 (US$M)

Top 10 countries: Steel rebar market size, 2023 (US$M)

Global steel rebar market share, by application, 2023 & 2030 (%, US$M)

Steel rebar market: Opportunity assessment by country

Global steel rebar market, by region, 2023 (US$M)

Global steel rebar market size, by regions, 2018-2030 (US$M)

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