SandlerResearch.org adds Global Steel Rebars Market 2016-2020 a new research report. The demand for energy for use in industries has been on the rise. However, the natural resources used to produce this energy are fast depleting, prompting manufacturers to tap renewable energy resources. Here, steel rebars will play a significant role in construction and development of infrastructure for the generation of power from renewable energies such as the solar, tidal, and wind.
Complete report on steel rebars market spread across 91 pages, analyzing 8 major companies and provides 70 data exhibits is now available at http://www.sandlerresearch.org/global-steel-rebars-market-2016-2020.html .
The analysts forecast global steel rebars market to grow at a CAGR of 6.42% during the period 2016-2020. According to the report, APAC is the largest and strongest growing market for steel rebars. The rapid increase in industrialization and development in China, India, and South Korea is the primary demand driver for steel rebars in this region.
In steel rebars market study, the analysts have estimated APAC to be the largest market for steel rebars and is expected to account for more than 75% of the market share by the end of 2020. The market for steel rebars in APAC is driven by the enormous investments in construction industries, especially in India and China. Moreover, China is the largest producer of steel in the world and, therefore, has a great impact on the demand for steel rebars globally.
Order a copy of Global Steel Rebars Market 2016-2020 report @ http://www.sandlerresearch.org/purchase?rname=52167 .
The global market for steel rebars market is highly competitive with a few leading vendors in the market. However, with an increase in the number of new suppliers, the market share of the top vendors is decreasing. Intense competition, technological advancements, and changes in market preferences are some of the risk factors associated with this market.
Key players in the Global Steel Rebars Market are ArcelorMittal, EVRAZ, Gerdau, Hebei Iron and Steel, Jiangsu Shagang, Nucor, and Tata Steel. Other Prominent Vendors in the market are: Baosteel, Celsa Steel, Heilongjiang Jianlong Iron and Steel, Mechel, and Riva Group.
Further, the report states that fluctuating raw material prices hinders the market growth.
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