Angle Bar Market size was valued at USD 2.5 Billion in 2024 and is forecasted to grow at a CAGR of 5.5% from 2026 to 2033, reaching USD 3.9 Billion by 2033.
In 2022, the global angle bar market was valued at approximately $9.5 billion and is projected to grow to $16.73 billion by 2031, reflecting a compound annual growth rate (CAGR) of 9.9%. This growth is primarily driven by robust demand from the construction and infrastructure sectors, with end user consumption estimated at 35% for infrastructure, 20% for power sectors, 15% for transportation, and the remaining 30% across industrial and other sectors. Regionally, the Asia Pacific area, particularly China and India, dominates the angle bar market due to significant investments in infrastructure projects such as highways, railways, and buildings. In Europe, the market is expected to grow from its 2022 valuation to a higher value by 2028, though specific figures are not provided. The United States steel merchant and rebar market, which includes angle bars, was valued at $9.85 billion in 2023 and is projected to reach $15.52 billion by 2032, with a CAGR of 5.2%. Opportunities in the angle bar market are emerging from technological advancements in steel production, the adoption of sustainable construction practices, and the increasing demand for high strength, lightweight materials.
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ArcelorMittal
China Baowu Group
HBIS Group
NSSMC Group
Shagang Group
Ansteel Group
JFE Steel Corporation
Shougang Group
Tata Steel Group
Nucor Corporation
Hyundai Steel Company
Thyssenkrupp
NLMK
Anson Steel
OneSteelMetals
JAY JAGDAMBA LIMITED
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Angle Bar Market
Carbon Steel Angle Bars
Stainless Steel Angle Bars
Aluminum Angle Bars
Galvanized Steel Angle Bars
Construction
Manufacturing
Automotive
Aerospace
Furniture and Fixture Making
Thin Angle Bars (up to 5 mm)
Medium Angle Bars (5 mm - 10 mm)
Thick Angle Bars (above 10 mm)
Uncoated
Painted
Powder Coated
Hot-Dip Galvanized
Electroplated
Infrastructure
Energy (Oil & Gas, Renewable Energy)
Shipbuilding
Mining
Rail and Transportation
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Angle Bar Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Angle Bar Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Angle Bar Market, By Type
6. Global Angle Bar Market, By Application
7. Global Angle Bar Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Angle Bar Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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