Israel Steel Rebar Market (2024-2030) | Companies, Outlook, Trends, Forecast, Share, Value, Analysis, Industry, Revenue, Segmentation, Size & Growth

Topics Covered in Israel Steel Rebar Market Report

Israel Steel Rebar Market Report thoroughly covers the market by type and by end use. Israel Steel Rebar Market Outlook report provides an unbiased and detailed analysis of the ongoing Israel Steel Rebar Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.

Israel Steel Rebar Market Synopsis

The Steel Rebar industry in Israel is poised for substantial growth, driven by several pivotal factors. Israel's economic resurgence following the COVID-19 pandemic, coupled with the government's unwavering commitment to addressing infrastructure deficiencies through increased investment, is a prominent driver. This commitment is exemplified by the National Integrated Infrastructure Master Plan, a comprehensive thirty-year strategy with the goal of elevating Israel's infrastructure assets to 70% of GDP by 2043. These ambitious infrastructure initiatives are expected to generate substantial demand for steel rebars in the country.

According to 6Wresearch, the Israel Steel Rebar Market size is projected to grow at a CAGR of 7.8% during 2024–2030. In 2022, the Israeli government allocated $35 billion for infrastructure projects, including transportation, housing, and renewable energy initiatives. These investments aim to address housing shortages and improve national infrastructure, leading to a significant rise in demand for steel rebars in the coming years. Additionally, renewable energy projects targeting 30% electricity generation from renewables by 2030 are expected to further support market growth by driving demand for rebars in structural and foundational applications.

Israel, Mild Steel held the largest revenue share in 2023 within the types category due to its extensive application in residential, commercial, and infrastructure projects. This aligns with government initiatives, such as the Energy Islands Initiative and large-scale housing developments, which are poised to boost the demand for construction materials. With ongoing investments in infrastructure and renewable energy, the demand for steel rebars is set to grow significantly in the forecast period.

Market Segmentation By Type

By 2030, Mild Steel is projected to maintain the highest revenue share in Israel's Steel Rebars Market, driven by its extensive application in large-scale infrastructure and residential construction projects. Government initiatives, such as the USD 35 billion infrastructure development plan targeting transportation and housing, exemplify the increasing demand for mild steel rebars. As these projects progress and new ones emerge to meet Israel's growing population and housing needs, the utilization of mild steel rebars is expected to remain a critical component, driving further market expansion.

Market Segmentation By End Use

By 2030, the construction sector is projected to dominate the revenue share in Israel's Steel Rebars Market, supported by significant investments in renewable energy infrastructure. Projects such as the Energy Islands initiative and solar farm expansions, aligned with Israel's goal of achieving 30% electricity generation from renewables by 2030, are set to drive demand for steel rebars in structural and foundational applications.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Israel Steel Rebar Market Overview
• Israel Steel Rebar Market Outlook
• Israel Steel Rebar Market Forecast
• Historical Data and Forecast of Israel Steel Rebar Market Production Revenues & Volumes for the Period 2020-2030F
• Historical Data and Forecast of Israel Steel Rebar Market Revenues & Volumes, By Type, for the Period 2020-2030F
• Market Drivers and Restraints
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Trends
• Import – Export Statistics
• Israel Local Steel Rebar & Steel Scrap Price Trend Analysis
• Key Performance Indicators
• Israel Steel Rebar Market Revenue Share, By Companies, 2023
• Key Competitors Analysis
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Type

• Mild Steel
• Deformed Steel
• Stainless Steel
• Epoxy Coated Steel
• Galvanized Steel
• Others (Alloy Steel, High-Speed Steel, Carbon steel, etc)

By End Use

• Construction
• Infrastructure
• Manufacturing
• Oil & Gas
• Others (Energy Sector, Renovation works, etc.)