Scope of the Study
Carbon steel rods are made up of high-quality car steel bars. It is available in various sizes such as round, square, flat, hexagon bars, among others. It is widely used in various application such as automotive, construction, tool, among others. Numerous benefit of using carbon steel in the industry such as high tensile strength, low cost, good wear resistance, excellent for making cutting tools, among others.
The market study is being classified by Type (Low Carbon Steel and High Carbon Steel), by Application (Automotive, Construction, Tool and Other) and major geographies with country level break-up.
O'Neal Steel, Inc. (United States), Ganpat Industrial Corporation (India), Aashish Steel (India), Celsa Group (Spain), voestalpine AG (Austria), Kobe Steel, Ltd. (Japan), Yieh Corp (China), United Bright Bar Ltd (United Kingdom), Sliver Dragon (Canada) and Feng Yi Steel (China) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Amardeep Steel Centre (India).
The carbon steel rods is highly fragmented with the presence of larger players which includes O'Neal Steel, Inc. (United States), Ganpat Industrial Corporation (India), Aashish Steel (India), among others Research Analyst at AMA predicts that United States and China Manufacturers will contribute to the maximum growth of Global Carbon Steel Rods market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Carbon Steel Rods market by Type, Application and Region.
On the basis of geography, the market of Carbon Steel Rods has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Diameter , the sub-segment i.e. 0-2mm will boost the Carbon Steel Rods market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Carbon Steel with Coating will boost the Carbon Steel Rods market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand from Downstream Industries, Such as Construction, Engineering, and Manufacturing
- Rising Awareness among Consumer Regarding the Benefit of Carbon Steel Rods
- Rising Focus on Reducing the Total Cost of Ownership of Steel Making Process
- The problem regarding the Stringent Regulation Regarding the Manufacturing of Carbon Steel Products
- Growing Demand from Emerging Economics Market Such as China, India, Brazil, among Others
- Government Initiative to Promote Steel Rods Market across the World
- Issue related to Small Resistance against Fire as Compared to Concrete
In May 2019, the Uzbek Company has launched production of carbon steel wire (wire rod) with Chinese technology. Hence, this launched will help in increasing the product portfolio of the company.
Key Target AudienceRaw Material Suppliers and Distributors, Carbon Steel Rod Manufacturers, Government and Research Organizations, Associations and Industrial Bodies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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