Global Steel Rebar Market: Industry Insights, Growth, and Forecast 2022-2032
The Global Steel Rebar Market Size is expected to reach USD 427.42 Billion by 2032, at a CAGR of 5.16% during the forecast period 2022 to 2032. Steel rebar, also referred to as strengthened steel or reinforcement steel when used in mass, is a type of steel bar utilized as a mechanism for tension in strengthened concrete and reinforced masonry building constructions to help fortify the concrete under compression. Steel rebar considerably boosts the load-bearing capacity of the whole structure.