Japan Steel Rebar Market Growth, Size, Trends, Share, Revenue, Competition and Future Outlook
Japan Steel Rebar Market Size- By Material, By Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2024 | Report ID: CHEM2471 | Pages: 1 - 106 | Formats*: |
| Category : Chemical & Materials | |||
Japan Steel Rebar Market Introduction and Overview
According to SPER Market Research, the Japan Steel Rebar Market is estimated to reach USD 15,288.52 Million by 2033 with a CAGR of 7.01%.
The report includes an in-depth analysis of the Japan Steel Rebar Market, encompassing product mix, applications, supplier analysis, market size and trends. Steel reinforcement bars are also known as reinforcing steel, rebar, reinforcing bar, and reinforcement steel. It is a multipurpose material that is frequently used to create reinforced concrete in construction. Because concrete is very weak in tension but incredibly powerful in compression, rebar is utilised to increase the tensile strength of concrete. One of the coating options for steel rebar, which comes in a variety of bar diameters, is epoxy coating. Only a few types of residential, commercial, and infrastructure constructions use galvanised steel rebar.
- The largest electric-arc furnace steelmaker in Japan, Tokyo Steel Manufacturing Co Ltd, stated on Monday, February 20, 2023, that it will increase the price of steel bars by 3% in March in order to account for the current tight market conditions. Following the company's sixth consecutive month of consistent pricing for all steel products in February, the hike has occurred.
- In April 2023, Nippon Steel Corporation plans to invest JPY100 billion (USD800 million) in a new rebar steel facility. This is projected to boost the company's production capacity and help fulfil the growing demand for rebar steel.
Market Opportunities and Challenges
Opportunities-
The creation of smart cities: The expansion of the residential sector is anticipated to be significantly aided by the creation of smart cities. Furthermore, it is projected that funding for infrastructure development initiatives—such as constructing public utilities, hospitals, and bridges—will increase, probably spurring socioeconomic development. Furthermore, it is projected that the oil and gas industry will provide the highest returns on investment for non-corrosive steel rebar, leading to an increase in global refining output. It is projected that the expansion of refineries will drive the global market's growth and raise the need for steel rebar.
Technological Progress: The market for steel rebar in Japan is expected to grow as a result of continuous technical advancements. Both established enterprises and new market entrants stand to benefit financially from this development. The continual innovation in the sector is being driven by the demand for high-performance steel rebar applications. Many businesses frequently employ advanced steel rebar varieties that have qualities including corrosion resistance, earthquake resistance, and epoxy coating. Stricter government regulations and manufacturers' commitment to quality enhancements are driving the market for value-added products. Manufacturers of steel rebar have multiple opportunities to benefit from this substantial market potential.
Challenges-
The construction industry's susceptibility to crises: Initial investments required for building projects by construction companies are particularly vulnerable to crises in Japan, putting them at risk of significant financial losses due to unanticipated events. These challenges encompass the consequences of pandemics, economic downturns, and political unrest. Steel rebar's demand is directly connected with construction activity because it is widely used in applications such as public infrastructure, commercial and industrial buildings, highways, and bridges. The construction industry's susceptibility to unpredictability, a scarcity of skilled labour, and a lack of awareness are anticipated to hinder the market's growth for steel rebar.
Market Competitive Landscape
The report provides an appropriate analysis of the key organizations/companies involved in the Japan steel rebar market, as well as a comparative evaluation based on their product offering, business overviews, geographical presence, enterprise strategies, segment market share, and SWOT analysis. The study also contains an in-depth examination of the firms' recent events and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and more. This enables the measurement of total market competition. Key players are ArcelorMittal, Mitsubishi Steel Mgf Co, Ltd, METAL PRODUCT CO, LTD, Yodogawa Steel Works, Ltd, JSW, NICHIA STEEL WORKS, LTD, Nippon Steel Corporation, Nucor, NLMK, Tata Steel, POSCO, Aichi Steel Corporation, Azuma Kogyo co, Ltd, Toho Sheet & Frame Co, Ltd, Tohoku Steel Co, Ltd.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Material, By Type, By End User |
| Regions covered | Kanto Region, Kinki Region, Central/ Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, Shikoku Region |
| Companies Covered | ArcelorMittal, Mitsubishi Steel Mgf Co. Ltd, METAL PRODUCT CO. LTD, Yodogawa Steel Works, Ltd, JSW, NICHIA STEEL WORKS, LTD, Nippon Steel Corporation, Nucor, NLMK, Tata Steel, POSCO, Aichi Steel Corporation, Azuma Kogyo co, Ltd, Toho Sheet & Frame Co, Ltd, Tohoku Steel Co, Ltd. |
COVID-19 Impact on Japan Steel Rebar Market
The emerging coronavirus pandemic has slowed the market and trend growth for steel rebar. During the forecast period, which ends in 2029, the market has had substantial backlash in terms of marketing, production, functioning, and manufacturing, severely affecting the demand and supply chain mechanisms. According to business experts' estimations for the forecast period, the market has been experiencing a shortage of trained labour, raw materials, resources, and much more, which is a big impediment to the market's growth and success.
Key Target Audience:
- Construction Companies
- Real Estate Developers
- Infrastructure Development Firms
- Government and Public Sector Agencies
- Civil Engineering Firms
- Industrial Manufacturing Companies
- Distributors and Suppliers of Construction Materials
- Structural Engineers and Architects
- Contractors and Subcontractors
Our in-depth analysis of the Japan Steel Rebar Market includes the following segments:
| By Material: |
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| By Type: |
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| By End User: |
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Key Topics Covered in the Report:
- Japan Steel Rebar Market Size (FY’2024-FY’2033)
- Overview of Japan Steel Rebar Market
- Segmentation of Japan Steel Rebar Market By Material (Small-Bar, Large-Bar, Wire, Coil, Others)
- Segmentation of Japan Steel Rebar Market By Type (Mild Steel Rebar, Deformed Steel Rebar, Carbon Steel Rebar, Stainless Steel Rebar, Galvanized Rebar, Glass Fiber Reinforced Polymer Rebar, Epoxy Coated Rebar, Welded Wire Fabric Rebar, Expanded Metal Rebar)
- Segmentation of Japan Steel Rebar Market By End User (Construction, Infrastructure, Oil and Gas, Manufacturing, Agriculture, Others)
- Statistical Snap of Japan Steel Rebar Market
- Expansion Analysis of Japan Steel Rebar Market
- Problems and Obstacles in Japan Steel Rebar Market
- Competitive Landscape in the Japan Steel Rebar Market
- Impact of COVID-19 and Demonetization on Japan Steel Rebar Market
- Details on Current Investment in Japan Steel Rebar Market
- Competitive Analysis of Japan Steel Rebar Market
- Prominent Players in the Japan Steel Rebar Market
- SWOT Analysis of Japan Steel Rebar Market
- Japan Steel Rebar Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Japan Steel Rebar Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Japan Steel Rebar Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Japan Steel Rebar Market
7. Japan Steel Rebar Market, By Material (USD Million) 2020-2033
7.1. Japan Steel Rebar Market Size, Share and Forecast, By Material, 2020-20267.2. Japan Steel Rebar Market Size, Share and Forecast, By Material, 2027-20337.3. Small-Bar7.4. Large-Bar7.5. Wire7.6. Coil7.7. Others
8. Japan Steel Rebar Market, By Type (USD Million) 2020-2033
8.1. Japan Steel Rebar Market Size, Share and Forecast, By Type, 2020-20268.2. Japan Steel Rebar Market Size, Share and Forecast, By Type, 2027-20338.3. Mild Steel Rebar8.4. Deformed Steel Rebar8.5. Carbon Steel Rebar8.6. Stainless Steel Rebar8.7. Galvanized Rebar8.8. Glass Fiber Reinforced Polymer Rebar8.9. Epoxy Coated Rebar8.10. Welded Wire Fabric Rebar8.11. Expanded Metal Rebar
9. Japan Steel Rebar Market, By End User (USD Million) 2020-2033
9.1. Japan Steel Rebar Market Size, Share and Forecast, By End User, 2020-20269.2. Japan Steel Rebar Market Size, Share and Forecast, By End User,2027-20339.3. Construction9.4. Infrastructure9.5. Oil and Gas9.6. Manufacturing9.7. Agriculture9.8. Others
10. Japan Steel Rebar Market Forecast, 2020-2033 (USD Million)
10.1. Japan Steel Rebar Market Size and Market Share
11. Japan Steel Rebar Market, By Region, 2020-2033 (USD Million)
11.1. Japan Steel Rebar Market Size and Market Share By Region (2020-2026)11.2. Japan Steel Rebar Market Size and Market Share By Region (2027-2033)11.3. Kanto Region11.4. Kinki Region11.5. Central/ Chubu Region11.6. Kyushu-Okinawa Region11.7. Tohoku Region11.8. Chugoku Region11.9. Hokkaido Region11.10. Shikoku Region
12. Company Profile
12.1. ArcelorMittal
12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments
12.2. Mitsubishi Steel Mgf. Co Ltd
12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments
12.3. METAL PRODUCT CO LTD
12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments
12.4. Yodogawa Steel Works, Ltd
12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments
12.5. JSW
12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments
12.6. NICHIA STEEL WORKS, LTD
12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments
12.7. Nippon Steel Corporation
12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments
12.8. Nucor
12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments
12.9. NLMK
12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments
12.10. Tata Steel
12.10.1. Company details12.10.2. Financial outlook12.10.3. Product summary12.10.4. Recent developments
12.11. POSCO
12.11.1. Company details12.11.2. Financial outlook12.11.3. Product summary12.11.4. Recent developments
12.12. Aichi Steel Corporation
12.12.1. Company details12.12.2. Financial outlook12.12.3. Product summary12.12.4. Recent developments
12.13. Azuma Kogyo co Ltd
12.13.1. Company details12.13.2. Financial outlook12.13.3. Product summary12.13.4. Recent developments
12.14. Toho Sheet & Frame Co Ltd
12.14.1. Company details12.14.2. Financial outlook12.14.3. Product summary12.14.4. Recent developments
12.15. Tohoku Steel Co Ltd
12.15.1. Company details12.15.2. Financial outlook12.15.3. Product summary12.15.4. Recent developments
12.16. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Japan Steel Rebar Market is projected to reach USD 15,288.52 Million by 2033, growing at a CAGR of 7.01% during the forecast period.
Japan Steel Rebar Market grew in Market size from 2024. The Market is expected to reach USD 15,288.52 Million by 2033, at a CAGR of 7.01% during the forecast period.
Japan Steel Rebar Market CAGR of 7.01% during the forecast period.
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Japan Steel Rebar Market size is USD 15,288.52 Million from 2024 to 2033.
Japan Steel Rebar Market Segment is covered By Material, By Type, By End User.
The Asia-Pacific is anticipated to have the highest Market share in the Japan Steel Rebar Market.
The key players in the Market include Companies Covered ArcelorMittal, Mitsubishi Steel Mgf Co. Ltd, METAL PRODUCT CO. LTD, Yodogawa Steel Works, Ltd, JSW, NICHIA STEEL WORKS, LTD, Nippon Steel Corporation, Nucor, NLMK, Tata Steel, POSCO, Aichi Steel Corporation, Azuma Kogyo co, Ltd, Toho Sheet & Frame Co, Ltd, Tohoku Steel Co, Ltd.
Steel reinforcement bars are also known as reinforcing steel, rebar, reinforcing bar, and reinforcement steel.
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