In 2023, the sales of fabricated structural metal bar joists and concrete reinforcing bars in the US stood at 11.54 billion dollars. Forecasted data from 2024 to 2028 indicates a steady decline, with sales expected to dip from 11.486 billion dollars in 2024 to 11.27 billion dollars by 2028. This reflects a year-over-year decrease of approximately 0.49% in 2025, 0.47% in 2026, 0.47% in 2027, and 0.46% in 2028. The overall compound annual growth rate (CAGR) from 2024 to 2028 is expected to be around -0.48%.

Future trends to watch for include:

Potential impact of infrastructure investment and legislative changes on market demand.
Shifts in construction industry practices that may affect product usage.
Technological advancements and their influence on material efficiency