Asia & Europe Steel Rebar Market: Trends, Forecasts, and Growth Insights 2025-2030
Asia And Europe Steel Rebar Market Overview The Asia and Europe steel rebar market size is expected to reach USD 272.71 billion in 2030 and is projected to grow at a CAGR of 5.8% from 2025 to 2030. 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 Ministry of Housing and Urban Development (MoHUA). Additionally, subsidies from governments for first-time homebuyers in developing and developed countries have benefited the growth of the residential sector. Count...