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
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| Regions covered | Kanto Region, Kinki Region, Central/ Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, Shikoku Region
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| 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.
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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:
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By Material:
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Small-Bar
Large-Bar
Wire
Coil
Others
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By Type:
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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
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By End User:
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Construction
Infrastructure
Oil and Gas
Manufacturing
Agriculture
Others
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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 report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. 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. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Japan Steel Rebar Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Japan Steel Rebar Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2020-2026
7.2. Japan Steel Rebar Market Size, Share and Forecast, By Material, 2027-2033
7.3. Small-Bar
7.4. Large-Bar
7.5. Wire
7.6. Coil
7.7. Others
8. Japan Steel Rebar Market, By Type (USD Million) 2020-2033
8.1. Japan Steel Rebar Market Size, Share and Forecast, By Type, 2020-2026
8.2. Japan Steel Rebar Market Size, Share and Forecast, By Type, 2027-2033
8.3. Mild Steel Rebar
8.4. Deformed Steel Rebar
8.5. Carbon Steel Rebar
8.6. Stainless Steel Rebar
8.7. Galvanized Rebar
8.8. Glass Fiber Reinforced Polymer Rebar
8.9. Epoxy Coated Rebar
8.10. Welded Wire Fabric Rebar
8.11. 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, 2020-2026
9.2. Japan Steel Rebar Market Size, Share and Forecast, By End User,2027-2033
9.3. Construction
9.4. Infrastructure
9.5. Oil and Gas
9.6. Manufacturing
9.7. Agriculture
9.8. 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 Region
11.4. Kinki Region
11.5. Central/ Chubu Region
11.6. Kyushu-Okinawa Region
11.7. Tohoku Region
11.8. Chugoku Region
11.9. Hokkaido Region
11.10. Shikoku Region
12. Company Profile
12.1. ArcelorMittal
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Mitsubishi Steel Mgf. Co Ltd
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. METAL PRODUCT CO LTD
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Yodogawa Steel Works, Ltd
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. JSW
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. NICHIA STEEL WORKS, LTD
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Nippon Steel Corporation
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Nucor
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. NLMK
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Tata Steel
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. POSCO
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. Aichi Steel Corporation
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments
12.13. Azuma Kogyo co Ltd
12.13.1. Company details
12.13.2. Financial outlook
12.13.3. Product summary
12.13.4. Recent developments
12.14. Toho Sheet & Frame Co Ltd
12.14.1. Company details
12.14.2. Financial outlook
12.14.3. Product summary
12.14.4. Recent developments
12.15. Tohoku Steel Co Ltd
12.15.1. Company details
12.15.2. Financial outlook
12.15.3. Product summary
12.15.4. Recent developments
12.16. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links