Global Steel Rebar Market is Anticipated to Grow at 6.9% CAGR During the Forecast Period
“ Global Steel Rebar Market: Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation ” The global steel rebar market is segmented into product type such as mild and deformed. Further, deformed steel is stronger than mild steel and has a relatively high tensile strength. Further, such properties of deformed steel make them perfect for reinforcement steel rebar in construction activities. Further, high bond strength of deformed steel rebar is also a major factor which is likely to fuel the growth of this segment in upcoming years. Global steel rebar market is expected to register a 6.9% CAGR over the forecast period. Moreover, The Global Steel Rebar Market is expected to reach at USD 223.7 Billion by the end of 2024. The market is expected to expand on the back of increasing construction activities across the globe. Further, rapid urbanization across the globe, especially in developing regions is a key reas...