Market Research Report Store Steel Rebar Market Projected to Reach USD 154.08 b | Page 4
4.5 STEEL REBAR MARKET: EMERGING & DEVELOPED NATIONS 33
5 MARKET OVERVIEW 34
5.1 INTRODUCTION 35
5.2 MARKET SEGMENTATION 35
5.3 MARKET DYNAMICS 37
5.3.1 DRIVERS 38
5.3.1.1 Rapid industrialization and increase in infrastructure investment 38
5.3.1.2 Increasing urban population 38
5.3.2 RESTRAINTS 39
5.3.2.1 Overproduction of steel rebar by China 39
5.3.2.2 Volatile raw materials prices 40
5.3.3 OPPORTUNITIES 40
5.3.3.1 Emerging alternatives to corrosion resistance bar 40
5.3.3.2 Need for highly ductile reinforcement bars 40
5.3.4 CHALLENGES 40
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