Global Reinforcing Bar Couplers Market Size By Product, By Application, By Geographic Scope And Forecast
Report ID: 80610|No. of Pages: 202
Reinforcing Bar Couplers Market Size And Forecast
Reinforcing Bar Couplers Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2024 to 2031.
The Global Reinforcing Bar Couplers Market is anticipated to witness substantial growth as per its ability to develop high tensile strength in reinforced concrete. Reinforcing Bar Couplers is better as compared to lap slicing which is anticipated to be a major driving factor as per the forecast period. The Global Reinforcing Bar Couplers Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Reinforcing Bar Couplers Market Definition
A reinforcing bar coupler also referred to as a Rebar coupler or mechanical splice, is primarily used to combine the ends of a reinforcing bar together. Reinforcing creates Reinforcing Bar Couplers to connect reinforcing bars, or reinforcement meshes, whose bar ends are in parallel or in contact. Threads are present in the reinforcing bar coupler ends which help them to hold each other together without any load and in an accurate manner. To eliminate laps and alleviate the problem of congestion associated with difficult construction in masonry cells, Reinforcing Bar Couplers is utilized by builders.
Reinforcing Bar Couplers Market is planned to join the bars of the same diameter, where one of the bars can be rotated without any physical restriction and is free to move. The joined bars with Reinforcing Bar Couplers perform as a continuous length of reinforced steel bars by offering complete strength in compression, tension, and stress reversal applications.
Reinforcing Bar Couplers are easy to join and reinforcing bar coupling includes features required in a reinforcing bar combining system for unequaled simplicity of installation. Implementation of reinforcing bar coupler leads to self-aligning taper threaded design, which also offers structural continuity along with total integrity.
Reinforcing Bar Couplers can be created between reinforcement meshes or reinforcing bars and the reinforcement object can have various numbers of bars or can be of various types. These can be fixed at each location where the gap along the bar end is shorter as compared to the length of the coupler, or where the bar ends are parallel, or the offset perpendicular to the bar end legs is less than the diameter of the bars.
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Global Reinforcing Bar Couplers Market Overview
Reinforcing Bar Couplers has the ability to produce higher tensile strength as compared to Lap slicing in reinforced concrete. This ability to produce higher tensile strength will be a major driver for the Global Reinforcing Bar Couplers Market. Increasing realization of various advantages of mechanical splicing systems overlapped joints is anticipated to foster the growth of the Global Reinforcing Bar Couplers Market.
The Reinforcing Bar Couplers is quick and easy to install which will boost its application in the construction industry. The increased focus on quick-to-install and high strength coupling systems will grow the market subsequently by a great margin share by the forecast period. Reinforcing Bar Couplers being used in dealing with alignment issues and reinforced bar tolerance in in-situ cast construction will attribute to market growth over the forecast period.
Reinforcing Bar Couplers Market will be used on a large scale in building constructions. Building constructions have increased a lot in past years and will also be done more in the future years with various designs and preferences. An increase in constructions will increase the demand for Reinforcing Bar Couplers which will aid the global Reinforcing Bar Couplers Market to witness substantial growth over the forecast period. Furthermore, growing awareness regarding the advantages of Reinforcing Bar Couplers over the lapped joints may increase the demand for Reinforcing Bar Couplers in the following years.
The need to meet complex local product preferences and to meet national standards is anticipated to make it difficult for manufacturers to attract a wide customer base and this may hamper the global Reinforcing Bar Couplers Market growth. However, the high demand for Reinforcing Bar Couplers in huge infrastructure development projects as per its full strength connection and improved fatigue resistance is forecasted to create opportunities in the global Reinforcing Bar Couplers Market in the coming years.
Global Reinforcing Bar Couplers Market: Segmentation Analysis
The Global Reinforcing Bar Couplers Market is Segmented on the basis of Product, Application, And Geography.
Reinforcing Bar Couplers Market, By Product
• Grout Sleeve
• Parallel Thread Standard Bar
• MBT
• Tapered Thread Bar Couplers
Based on Product, the market is segmented into Grout Sleeve, Parallel Thread Standard Bar, MBT, and Tapered Thread Bar Couplers. The demand for Grout sleeves can increase in the precast concrete sector, due to its uses in construction joints, the increasing demand for grout sleeves is anticipated to grow the market with a considerable growth rate by the forecast period. Tapered thread bar Couplers having great demand as per their high tensile strength will grow at a faster pace and will have a considerate market share in coming years.
Reinforcing Bar Couplers Market, By Application
• Building Construction
• High Bridge Construction
• Others
Based on Application, the market is bifurcated into Building Construction, High Bridge Construction, and Others. Building Construction will attribute to having the largest market share by the forecast period and will grow at a considerable growth rate with the largest CAGR. High Bridges construction will eventually increase the demand for Reinforcing Bar Couplers Market and will aid towards the market growth by a great margin by the forecast period.
Reinforcing Bar Couplers Market, By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
Based on regional analysis, the market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific region is forecasted to grow substantially and is anticipated to hold the largest market share in the coming years. Developing regions such as India, China, and rapid modernization will boost infrastructure constructions and will attribute towards the market growth. North America is projected to have significant growth over the forecast period. Europe will have substantial growth in its CAGR and it will gradually increase the market share by the forecast period.
Key Players
The “Global Reinforcing Bar Couplers Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are AGF Group, nVent, Peikko Group Corporation, Terwa, CRH plc, Dextra Group, Henglian, Glus, Tokyo Tekko Co. Ltd., and BAR-US. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Report Scope
EPORT ATTRIBUTES | DETAILS |
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Study Period | 2021-2031 |
Base Year | 2024 |
Forecast Period | 2024-2031 |
Historical Period | 2021-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | AGF Group, nVent, Peikko Group Corporation, Terwa, CRH plc, Dextra Group, Henglian, Glus, Tokyo Tekko Co. Ltd., and BAR-US. |
Segments Covered |
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Customization Scope | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Verified Market Research:
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
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• Market dynamics scenario, along with growth opportunities of the market in the years to come
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Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL REINFORCING BAR COUPLERS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL REINFORCING BAR COUPLERS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL REINFORCING BAR COUPLERS MARKET, BY PRODUCT
5.1 Overview
5.2 Grout Sleeve
5.3 Parallel Thread Standard Bar
5.4 MBT
5.5 Tapered Thread Bar Couplers
6 GLOBAL REINFORCING BAR COUPLERS MARKET, BY APPLICATION
6.1 Overview
6.2 Building Construction
6.3 High Bridge Construction
6.4 Others
7 GLOBAL REINFORCING BAR COUPLERS MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 Middle East & Africa
8 GLOBAL REINFORCING BAR COUPLERS MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 AGF Group
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 nVent
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Peikko Group Corporation
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Terwa
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 CRH plc
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Dextra Group
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 Henglian
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 Glus
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments
9.9 Tokyo Tekko Co. Ltd.
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments
9.10 BAR-US
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Developments
10 Appendix
10.1 Related Research
Report Research Methodology
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Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
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For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
Perspective | Primary Research | Secondary Research |
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Supplier side |
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Demand side |
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Econometrics and data visualization model
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Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
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Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
Qualitative analysis | Quantitative analysis |
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