North America Steel Rebar Market 2030: Innovations Driving Infrastructure Growth
North America Steel Rebar Market Growth & Trends The North America steel rebar market size is estimated to reach USD 16.23 billion by 2030, expanding at a CAGR of 4.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. Rising investments in construction and infrastructure development projects are anticipated to contribute to the market growth over the forecast period. Various infrastructure development projects dedicated to boosting economic growth in North America are projected to augment the demand for steel rebar in the region over the forecast period. For instance, in May 2022, the Mexican government announced the allocation of USD 30.0 billion for infrastructure development in southeast Mexico. The investment is expected to help in the development of airports, railways, ports, and the modernization of customs offices in southeast Mexico. In addition, investments in industrial units are expected to further boost the market growth in the re...