How big is the Steel Rebar Market | Insights, Forecast & Growth Analysis 2025

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Code: MTA9268

Publication Date: Sep 2025

What is the size of Steel Rebar Market?

According to 6Wresearch internal database and industry insights, the Global Steel Rebar Market was valued at USD 229 Billion in 2024 and is expected to reach USD 300 Billion by 2031, growing at a compound annual growth rate of 3.9% during the forecast period (2025-2031).

Continuous new infrastructure investments in commercial and industrial programs provide a drive for continuous consumption growth of steel rebar, surrounding demand for materials that withstand earthquakes, along with the need for high-strength materials to build.

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Growth Factors for Steel Rebar Industry

The development of infrastructure and urbanization programs is an ongoing need.
Project demand for earthquake-resistant reinforced concrete structures is quickly increasing.
High-strength rebar is widely used as a component in today's construction.
Industrial and commercial building projects are ongoing and accelerating in their hiring of contractors.
Innovation in thermo-mechanical treatment and corrosion resistance is breaking down barriers to increasing strength in rebar use.

Steel Rebar Market Trends

The trends reflected in the Steel Rebar Market suggest increased demand for high-strength rebars to bolster modern architectural designs in long-span structures. Drivers for usage in advanced thermo-mechanical cold-treated bars are focusing on increased safety, sustainable builds, and durability in construction. Additionally, environmentally responsible efforts are pushing for recyclable and low-emission steel rebar. Use of prefabricated and industrialized building systems may continue to normalize consumption, along with shifting mechanisms through design and project delivery systems.

Emerging Developments in the Steel Rebar Market

The Steel Rebar Market developments show a shift toward corrosion-resistant and epoxy-coated rebars for extended service life. Companies are adopting innovative manufacturing processes to create rebars with improved bonding strength and reduced material wastage. Collaborations between rebar producers and construction firms are enabling customized solutions. Technological integration with automated bending, cutting, and placement equipment is also enhancing efficiency in construction applications.