Seismic Reinforcement Material Market Report

Impact of COVID-19 on Seismic Reinforcement Material Market

Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

Note: The summary below might not have included insights on covid impact since we have large number of reports.

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Impact of COVID-19 on Seismic Reinforcement Material Market

Covid-19 has impacted the market dynamics, competition, and global...

See more...

Impact of COVID-19 on Seismic Reinforcement Material Market

Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

Note: The summary below might not have included insights on covid impact since we have large number of reports.

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Seismic Reinforcement Material Market Insights

Seismic reinforcement material market is likely to witness a healthy CAGR of 4.4% during the forecast period. The prime factor that is contributing to the demand for seismic reinforcement materials is the increasing need for seismic-proof buildings in earthquake prone regions. Rising urbanization and increasing need for infrastructure rehabilitation to boost the seismic reinforcement materials demand during the forecast period.

Market Share Analysis

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Seismic Reinforcement Material Market Share: By Product Type

Based on the product type, the market is segmented as rebar & rod, column & beam, sheet & laminate, and others. Rebar & rod held the largest share of the market in 2020, and are expected to remain dominant during the forecast period. They are widely used to increase the tensile strength of concrete and masonry structures and are essential in framing structures to withstand earthquake loading.

Seismic Reinforcement Material Market Share: By Installation Type

Based on the installation type, the seismic reinforcement material market is segmented as retrofit and new structure. New structures to continue to dominate the seismic reinforcement material market. However, retrofit which accounts for a smaller share is expected to register higher growth during the forecast period due to the enforcement of seismic codes by local government authorities in earthquake prone areas.

Seismic Reinforcement Material Market Share: By End-Use Industry Type

Based on the end-use industry type, the seismic reinforcement material market is segmented as residential, commercial, industrial, and infrastructural. The residential segment accounted for the largest share and is expected to drive the demand for seismic reinforcement material over the forecast period due to the adoption of these materials in structural applications such as walls, frames, joints, beam, column, roof, and others.

Seismic Reinforcement Material Market Share: By Region

In terms of regions, North America is estimated to register healthy growth during the forecast period due to the enforcement of stringent regulations with increased awareness on building’s strength falling under earthquake belt or seismic zone. Rising infrastructural activities in Asia-Pacific to provide significant opportunities in the coming years.

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Some of the major seismic reinforcement material manufacturers are-

• ArcelorMittal
• Canfor Corporation
• HBIS Group Co., Ltd.
• Hyundai Steel Company
• Jiangsu Shagang Group Co., Ltd.
• LafargeHolcim Ltd.
• Tata Steel Limited
• Toray Industries Inc.
• UltraTech Cement Limited
• Weyerhaeuser Company
• Others.

Market Scope & Segmentation

Seismic reinforcement materials market is bolstered by seismic retrofitting measures as used by various residential and commercial buildings. Favorable government regulations and building norms will support the overall market demand over the forecast period. Sociological and economical inhibitions associated with seismic reinforcement techniques may hinder the market growth in coming years.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The seismic reinforcement material market is segmented into the following categories. 

Seismic Reinforcement Material Market Size, Share, & Forecast, by Material Type:

• Steel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Wood (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Concrete (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Seismic Reinforcement Material Market Size, Share, & Forecast, by Product Type:

• Rebar & Rod (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Column & Beam (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Sheet & Laminate (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Seismic Reinforcement Material Market Size, Share, & Forecast, by Application Type:

• Roofing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Wall & Support Column (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Foundation & Flooring (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Bridge & Flyover (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Seismic Reinforcement Material Market Size, Share, & Forecast, by Installation Type:

• Retrofit (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• New Structure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Seismic Reinforcement Material Market Size, Share, & Forecast, by End-Use Industry Type:

• Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Infrastructural (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Seismic Reinforcement Material Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the application types by product type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].