Report Overview

Steel round bars refer to long-solid steel bars with the circular cross-section. Diameter is one of specifications and expressed in millimeters (mm).

Steel round bars include hot-rolled, forged and cold-rolled steel bars.

This report contains market size and forecasts of Steel Round Bars in India, highlights the following information:

Sales of Steel Round Bars in India: Value 2019 VS 2023 VS 2030, ($ millions)

Sales of Steel Round Bars in India: Volume 2019 VS 2023 VS 2030, (K MT)

Sales of Steel Round Bars in India: Revenue Market Share by Company, 2019-2024

Sales of Steel Round Bars in India: Volume Market Share by Company, 2019-2024

India is now the world’s most populous country. According to IMF (its July update to its World Economic Outlook), India’s GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Steel Round Bars will continue to grow rapidly in the future.

The global Steel Round Bars market size was valued at 43950 million in 2023 and is forecast to a readjusted size of US$ 57240 million by 2030, with a CAGR of 3.8% during the forecast period 2024-2030.While the India Steel Round Bars market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. India will account for % percent of Steel Round Bars's global value in 2030, from % in 2023.

Our research team has surveyed the Steel Round Bars manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, Value, demand, price change, product matrix, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

India Steel Round Bars Market, By Type, 2019-2024, 2025-2030 ($ Millions) & (K MT)

India Steel Round Bars Market Segment Percentages, By Type, 2023 (%)

Hot-Rolled Steel Round Bars

Cold-Rolled Steel Round Bars

Forged Steel Round Bars

India Steel Round Bars Market, By Application, 2019-2024, 2025-2030 ($ Millions) & (K MT)

India Steel Round Bars Market Segment Percentages, By Application, 2023 (%)

Transportation and Automotive

Industrial Application

Construction

Others

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Steel Round Bars revenues in India market, 2019-2024 (Estimated), ($ millions)

Key companies Steel Round Bars sales in India market, 2019-2024 (Estimated), (K MT)

Further, the report presents profiles of competitors in the market, key players include:

ArcelorMittal

NSSMC

Shandong Iron& Steel

CITIC Special Steel

Lingyuan Iron& Steel

Jiangsu Shagang Group

Hanggang

Georgsmarienhütte GmbH

Riva Group

Grupo Simec

Tata Steel

Sandvik Materials Technology

JFE Steel

Sidenor

OVAKO

Saarstahl

Dongbei Special Steel

Outokumpu

SCHMOLZ+BICKENBACH

Steel Annahütte

Market Size Overview

USD Million

-

2026

-

2032

-

CAGR (2024-2032)

MARKET SIZE 2026

USD - MN

Million

MARKET SIZE 2032

USD - MN

Million

CAGR (2026-2032)

FASTEST GROWING REGION

Asia Pacific

LARGEST MARKET

Asia Pacific

Key Market Segmentation

By Purity Level

4N
5N
6N
Others

By Application

Semiconductor
Display
Solar
Others

By End-User Industry

Electronics
Optoelectronics
Photovoltaics
Others

By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Regional Market Insights

Asia Pacific

China, Japan, South Korea, Southeast Asia, India

North America

U.S., Canada, Mexico

Europe

Germany, France, UK, Italy

South America

Brazil, etc.

Middle East and Africa

Turkey, GCC Countries, Africa, etc.

Global Perspective. Local Insight.

Our reports deliver comprehensive regional coverage to help you understand market dynamics, identify growth opportunities, and make informed decisions.

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