According to a market report by Lucintel, the future of the global carbon steel round bar market looks promising with opportunities in the automotive, construction, and tool markets. The global carbon steel round bar market is expected to grow with a CAGR of 3.3% from 2024 to 2030. The major drivers for this market are growing activity in the building industry and rising government investments in the creation of new manufacturing sectors.
A more than 150–page report is developed to understand Trends,
opportunity and forecast in carbon steel round bar market to 2030 by type (low
carbon steel, medium carbon steel, high carbon steel, and ultra high carbon
steel), application (automotive, construction, tool, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
In this market, low carbon steel, medium carbon steel, high carbon steel,
and ultra high carbon steel are the major segments of carbon steel round bar
market by product. Lucintel forecasts that low carbon steel is expected to
witness the highest growth over the forecast period.
Within this market, tool is expected to witness the highest growth over
the forecast period.
Download sample by clicking on carbon
steel round bar market
APAC is expected to witness highest growth over the forecast period.
Ganpat Industrial Corporation, KOBE STEEL, Aashish Steel, Sliver Dragon,
Feng Yi Steel, Yieh, O’Neal Steel, Celsa Group, Voestalpine, and United Bright
Bar are the major suppliers in the carbon steel round bar market.
This unique research report will enable you to make confident business
decisions in this globally competitive marketplace. For a detailed table of
contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth
through game
changer ideas and robust market & unmet
needs analysis. We are based in Dallas, TX and have
been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in
several publications like the Wall Street Journal, ZACKS, and the Financial
Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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