Market Revenue Steel Long Products Industry Segment by Sales | Page 2

the expanding infrastructure investments that are conducive for growth and bring back normalcy to
arrested developments on a global scale. The steel bars are known for their longevity, stress-bearing
properties and due to better design strengths and aid in manufacturing capabilities, there is
considerable growth in steel long products market.
The rebars segment dominated growth factors in year 2016 and will probably do so in forecast period.
This growth is attributed to expanding construction activities and infrastructure development in the
region. Asia pacific led the industrial growth in steel long products during forecast period. This again
was due to expanding construction activities and infrastructure growth in both residential and non-
residential sectors.
The role of renewable energy segment in steel long bars market cannot be discounted which is why
the steel long bars market is seeing colossal growth at the moment and will do so during forecast
period because the natural energy resources are dipping and makes the manufacturers set up more
and more renewable energies such as solar, wind and tidal to compensate for this early global loss in
power generation. This coupled with the earlier factors are reasons for steel long products to do well
in the forecast period.
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The steel long products market is witnessing many top players at the zenith and comprises many small
entities also but rigorous competition and changing market preferences begs to differ in market
growth, thus acting as market deterrents. Segmentation of this market by type and analysis includes
rebars, wire rods, tubes and sections. Segmentation of steel long products market by geographical
regions includes North America, Europe, Asia pacific, MEA and Latin America. The key market players
in steel long products market include Arcelor Mittal, Evraz, Gerdau, Shangang Group, and ASSMC.
Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption,
revenue (million USD), market share and growth rate of Steel Long Products in these regions, from
2012 to 2022 (forecast), covering