Latin America Steel Rebar Market Size & Outlook, 2023-2030
Latin America steel rebar market, 2018-2030 (US$M)
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Latin America steel rebar market highlights
- The Latin America steel rebar market generated a revenue of USD 9,569.7 million in 2023.
- The market is expected to grow at a CAGR of 2.9% from 2024 to 2030.
- In terms of segment, construction was the largest revenue generating application in 2023.
- Infrastrcture is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 9,569.7 million |
| Market revenue in 2030 | USD 11,683.7 million |
| Growth rate | 2.9% (CAGR from 2023 to 2030) |
| Largest segment | Construction |
| Fastest growing segment | Infrastrcture |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Construction, Infrastrcture, Industrial |
| Key market players worldwide | ArcelorMittal SA Depository Receipt, Nippon Steel Corp, Nucor Corp, Tata Steel Ltd GDR - 144A, POSCO Holdings Inc ADR, Sailfish Royalty Corp Ordinary Shares, Steel Dynamics Inc, NLMK Group, JSW Steel |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.9% of the global steel rebar market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 219,360.7 million by 2030.
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Steel Rebar Market Scope
Steel Rebar Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America steel rebar market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to steel rebar market will help companies and investors design strategic landscapes.
Construction was the largest segment with a revenue share of 57.95% in 2023. Horizon Databook has segmented the Latin America steel rebar market based on construction, infrastrcture, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Steel Rebar Application Outlook (Revenue, USD Million, 2018-2030)
- Construction
- Infrastrcture
- Industrial
- Automotive
- Industrial Manufacturing
- Power & Energy
- Others
- Residential
- Non-residential
- Oil & gas
- Chemicals and petrochemicals
- Automotive & transportion
- Mechanical engineering
- Power plant
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Our clientele includes a mix of steel rebar market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America steel rebar market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America steel rebar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America steel rebar market size, by country, 2018-2030 (US$M)
Latin America Steel Rebar Market Outlook Share, 2023 & 2030 (US$M)
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