Lucintel Forecasts the Global Cold Drawn Round Bar Market is expected to grow with a CAGR of 5.8% from 2025 to 2031
Lucintel Forecasts the Global Cold Drawn Round Bar Market is expected to grow with a CAGR of 5.8% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global cold drawn round bar
market looks promising with opportunities in the architecture, automotive, and
aerospace markets. The global cold drawn round bar market is expected to grow with a
CAGR of 5.8% from 2025 to 2031. The major drivers for this market are the increasing
demand for high-strength material, the rising demand for customized & high-
performance, and the growing adoption in the energy sector.
A more than 150-page report to understand trends, opportunity and forecast in cold
drawn round bar market to 2031 by type (small diameter round bars and large diameter
round bars), application (architecture, automotive, aerospace, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, small diameter round bar is expected to
witness higher growth over the forecast period.
Within the application category, automotive is expected to witness the highest growth.
Download sample by clicking on cold drawn round bar market
In terms of region, North America is expected to witness the highest growth over the
forecast period due to the growing automotive manufacturing & machinery production.
Nippon Steel Corporation, Tata Steel, ArcelorMittal, TimkenSteel Corporation,
Voestalpine High Performance Metals, JFE Steel Corporation, Sandvik Materials
Technology, Baosteel Group, Outokumpu, Ovako Group are the major suppliers in the
cold drawn round bar market.
This unique research report will enable you to make confident business decisions in this
globally competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than
1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust
market & unmet needs analysis. We are based in Dallas, TX and have been a trusted
advisor for 1,000+ clients for over 20 years. We are quoted in several publications like
the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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