Asia And Europe Steel Rebar Market Size Is Expected To Reach USD 283.1 Billion By 2028
San Francisco, 6 Apr 2022: The Report Asia And Europe Steel Rebar Market Size, Share & Trends Analysis Report By Application (Construction, Infrastructure, Industrial), By Region, And Segment Forecasts, 2021 - 2028 The Asia and Europe steel rebar market size is expected to reach USD 283.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.8% from 2021 to 2028. Government support by countries in Asia and Europe for the residential and real estate sector is projected to boost the market growth in the long run. The construction segment held the largest revenue share in 2020 and is likely to continue its dominance from 2021 to 2028. Supportive government policies along with sustained demand for housing are projected to remain key drivers for the market in emerging economies such as China, India, and ASEAN. For instance, in the National Budget 2021, the Indian government allocated around USD 6,700 million to the M