Steel Rebar Market To Witness A Significant Growth Of USD 415.79 Billion By 2030
San Francisco, 18 Dec 2023: The Report Steel Rebar Market Size, Share & Trends Analysis Report By Application (Construction, Infrastructure, Industrial), By Region (North America, Europe, APAC, CSA, MEA), And Segment Forecasts, 2022 - 2030 The global steel rebar market size is expected to reach USD 415.79 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% from 2022 to 2030. Increasing investments in infrastructure revamping projects and construction activities are anticipated to drive the market over the forecast period. Various infrastructure redevelopment projects dedicated to fueling economic growth across the world are projected to augment the demand for steel rebar during the forecast period. For instance, the Spanish government announced the Recovery, Transformation, and Resilience Plan to stimulate the economy from the crisis caused by the pandemic. Under the recovery plan, Spain is expected to receive USD 74.26 billion