세계의 철근 시장 규모는 2024년에 3,127억 달러로 평가되었고, 2030년에는 4,015억 달러에 이를 전망이며, 2030년까지 연평균 복합 성장률(CAGR) 4.1%로 성장이 예측되고 있습니다.
세계의 철근 시장은 주로 급속한 도시화와 신흥국 및 선진국 전체에서의 인프라 프로젝트의 확대에 의해 견인되고 있습니다. 특히 인도, 중국, 동남아시아 등 신흥 경제권에서는 주택, 상업, 공업 건설에 대한 투자가 증가하고 있어 철근 수요를 크게 끌어올리고 있습니다. 스마트 시티 프로그램, 저렴한 주택 계획, 대규모 교통 인프라 개발(도로, 다리, 철도, 공항) 등의 정부의 노력이 철근과 같은 내구성 있는 건설 재료에 대한 지속적인 수요를 창출하고 있습니다.
| 시장 개요 | |
|---|---|
| 예측 기간 | 2026-2030년 |
| 시장 규모(2024년) | 3,127억 달러 |
| 시장 규모(2030년) | 4,015억 달러 |
| CAGR(2025-2030년) | 4.1% |
| 급성장 부문 | 이형 |
| 최대 시장 | 북미 |
게다가 열기계처리(TMT) 및 전기아크로(EAF)를 포함한 첨단 제조 기술의 채용이 제품의 품질과 효율을 높여, 고강도로 내부식성의 철근을 보다 친밀한 것으로 하고 있습니다. 세계 기후변화 목표를 달성하기 위해 철강업체들이 저탄소강과 재활용강에 투자하고 있기 때문에 지속가능성 동향도 시장을 형성하고 있습니다. 게다가 북미, 유럽, 아시아태평양 등의 지역에서는 인프라 부양책이라는 형태의 정책 지원이 계속해서 강력한 성장 촉매로서 기능하고 있습니다. 내진 및 내화 구조의 인기가 높아지고 있는 것도, 시장의 기세에 박차를 가하고 있습니다. 전반적으로 기술 혁신, 정부로부터의 자금 지원, 환경 의식의 조합이 세계 철근 시장을 향후수년간 안정적인 성장으로 이끌고 있습니다.
인프라 개발 및 도시화 급증
원재료 가격 변동 및 공급망 혼란
열기계처리(TMT) 철근 채용 증가
Global Rebar Steel Market was valued at USD 312.7 billion in 2024 and is expected to reach USD 401.5 billion by 2030 with a CAGR of 4.1% through 2030. The global rebar steel market is primarily driven by rapid urbanization and the expansion of infrastructure projects across developing and developed regions. Rising investments in residential, commercial, and industrial construction, especially in emerging economies like India, China, and Southeast Asia, are significantly boosting demand for reinforced steel. Government initiatives such as smart city programs, affordable housing schemes, and large-scale transportation infrastructure developments-roads, bridges, railways, and airports-are creating sustained demand for durable construction materials like rebar.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 312.7 Billion |
| Market Size 2030 | USD 401.5 Billion |
| CAGR 2025-2030 | 4.1% |
| Fastest Growing Segment | Deformed |
| Largest Market | North America |
Additionally, the adoption of advanced manufacturing technologies, including thermomechanical treatment (TMT) and electric arc furnaces (EAF), is enhancing product quality and efficiency, making high-strength and corrosion-resistant rebar more accessible. Sustainability trends are also reshaping the market, as steel producers invest in low-carbon and recycled steel to meet global climate targets. Furthermore, policy support in the form of infrastructure stimulus packages in regions like North America, Europe, and Asia-Pacific continues to act as a strong growth catalyst. The increasing popularity of earthquake-resistant and fireproof construction further adds to the market's momentum. Overall, a combination of technological innovation, government funding, and environmental awareness is steering the global rebar steel market toward consistent growth over the coming years.
Key Market Drivers
Surge in Infrastructure Development and Urbanization
One of the most significant drivers of the global rebar steel market is the growing demand for infrastructure development, fueled by rapid urbanization. As cities expand and populations rise, the need for robust and long-lasting infrastructure becomes imperative. Rebar steel, used extensively in concrete reinforcement, plays a critical role in the construction of roads, bridges, airports, tunnels, railways, and buildings. Developing nations such as India, China, Indonesia, Vietnam, and Brazil are investing heavily in infrastructure to support their growing populations and economic ambitions. Simultaneously, developed regions like North America and Europe are focused on upgrading aging infrastructure, which also demands high volumes of reinforced steel.
Government-backed infrastructure initiatives, such as India's Smart Cities Mission, China's Belt and Road Initiative (BRI), and the U.S. Infrastructure Investment and Jobs Act, are providing consistent momentum to the rebar steel industry. Additionally, megaprojects in the Middle East, including NEOM in Saudi Arabia and extensive airport and highway expansions in the UAE and Qatar, further accelerate demand. These projects require premium-grade rebar for safety, longevity, and earthquake resistance.
As urbanization increases, especially in Asia and Africa, more residential and commercial buildings are being constructed. This, combined with increasing middle-class income levels and housing affordability schemes, fuels the consumption of rebar. Moreover, rebar is often required to meet stringent building codes and safety regulations, especially in seismic-prone zones, reinforcing its importance. As global governments continue to channel large-scale investments into infrastructure modernization and urban expansion, the rebar steel market is expected to see sustained growth, particularly in emerging economies. The long-term nature of infrastructure projects ensures a stable demand curve, making this a foundational driver for the market's positive outlook over the next decade. Over 55% of the world's population lives in urban areas, projected to rise to nearly 70% by 2050. Global infrastructure investment needs are estimated to exceed 90 trillion US dollars by 2040. The construction industry contributes around 13% of global GDP. Urban infrastructure spending has been increasing at a rate of 5 to 7% annually in recent years. Emerging markets account for more than 60 percent of global infrastructure growth. Over 1 billion people are expected to move to urban areas over the next two decades, increasing demand for transport, housing, and utilities.
Key Market Challenges
Raw Material Price Volatility and Supply Chain Disruptions
One of the primary challenges facing the global rebar steel market is the volatility in raw material prices, particularly iron ore, scrap metal, and coking coal. These materials are fundamental inputs in steel production, and their prices are highly influenced by global demand-supply dynamics, geopolitical tensions, and environmental policies. Fluctuations in these costs directly impact the pricing structure of rebar steel, creating uncertainty for manufacturers and construction companies alike.
For example, during the COVID-19 pandemic and the Russia-Ukraine war, global supply chains experienced severe disruptions. Many steel-producing regions faced shutdowns, and freight rates surged due to logistics bottlenecks. The ripple effects caused delays in rebar shipments and significantly increased costs. Smaller players, especially in developing markets, struggled to remain competitive amid these rising input costs. Additionally, protectionist trade policies like anti-dumping duties and import tariffs-common in the U.S., China, and the EU-further complicate cross-border sourcing of steel materials.
Moreover, environmental regulations are tightening globally. Many countries now require cleaner production processes, pushing companies to shift from traditional blast furnaces to more sustainable but cost-intensive alternatives like electric arc furnaces (EAFs). While this is a positive long-term shift, it increases capital expenditure in the short term. Manufacturers that fail to adapt may face operational challenges or become non-compliant with evolving standards.
Key Market Trends
Rising Adoption of Thermo-Mechanically Treated (TMT) Rebars
One of the most significant trends in the global rebar steel market is the increasing use of Thermo-Mechanically Treated (TMT) rebars over conventional rebars. TMT rebars offer superior strength, better weldability, and enhanced corrosion and earthquake resistance, making them the preferred choice for modern infrastructure and construction projects. As urbanization accelerates and building codes become more stringent-particularly in seismic-prone and coastal regions-TMT rebars are becoming a structural necessity rather than an option.
In addition to mechanical advantages, TMT rebars are also more cost-effective over the life cycle of a structure. Their corrosion resistance reduces long-term maintenance costs, and their flexibility allows for complex architectural designs. Many governments and construction authorities across countries like India, China, and the UAE have begun mandating the use of TMT bars for large-scale projects such as metro systems, high-rise buildings, and highway bridges.
This trend is also gaining traction in developed markets such as North America and Europe, where the focus is on upgrading aging infrastructure with safer, more durable materials. The popularity of TMT rebars has encouraged steel manufacturers to invest in advanced rolling mills and quenching technologies to meet rising demand and quality expectations.
Moreover, the rise of eco-friendly construction practices has contributed to TMT's growth. Since TMT rebars consume less steel for the same strength output, they align well with sustainability goals. As environmental consciousness increases globally, the demand for energy-efficient and low-carbon construction materials like TMT rebars is expected to surge. Overall, the shift toward TMT rebars is reshaping product offerings, manufacturing technologies, and customer preferences, making it a key market-defining trend over the next decade.
In this report, the Global Rebar Steel Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Rebar Steel Market.
Global Rebar Steel Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: