Top Emerging Trends in Balkans TMT Steel Bar Market
The construction industry has witnessed considerable growth in the Balkans, which is anticipated to fuel the adoption of TMT steel bars. Furthermore, the demand for reinforced steel bars has increased in this region, and this trend is expected to continue throughout the forecast period, thereby providing lucrative growth opportunities for TMT steel bars manufacturers.
The construction industry has witnessed considerable growth in the Balkans, which is anticipated to fuel the adoption of TMT steel bars. Furthermore, the demand for reinforced steel bars has increased in this region, and this trend is expected to continue throughout the forecast period, thereby providing lucrative growth opportunities for TMT steel bars manufacturers.
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<strong>Balkans</strong> <strong>TMT</strong> <strong>Steel</strong> <strong>Bar</strong> <strong>Market</strong><br />
Global<br />
Opportunity<br />
Analysis and<br />
Industry Forecast,<br />
2018-2024<br />
Opportunity Analysis and Industry Forecast, 2016-2023
Introductionof<br />
<strong>Balkans</strong> <strong>TMT</strong> <strong>Steel</strong> <strong>Bar</strong> <strong>Market</strong><br />
The market was valued at $1,769 million <strong>in</strong> 2017, and is anticipated to reach $4,065<br />
million by 2024, register<strong>in</strong>g a CAGR of 12.5% from 2018 to 2024. In terms of volume,<br />
this market accounted for 2,669 thousand tons <strong>in</strong> 2017, and is anticipated to reach<br />
5,435 tons by 2024, register<strong>in</strong>g a CAGR of 10.6% from 2018 to 2024.<br />
<strong>TMT</strong> steel bars are superior quality re<strong>in</strong>forced steel bars that are rout<strong>in</strong>ely used <strong>in</strong> the<br />
<strong>in</strong>frastructure & construction <strong>in</strong>dustry, ow<strong>in</strong>g to their significant physical properties<br />
such as ductility, toughness, corrosion resistance, and others.<br />
The <strong>Balkans</strong> <strong>TMT</strong> steel bar market is anticipated to grow considerably <strong>in</strong> the near<br />
future, ow<strong>in</strong>g to different factors such as <strong>in</strong>frastructural development <strong>in</strong> the <strong>Balkans</strong><br />
and advantages offered by <strong>TMT</strong> bars over torsional bars.
Introductionof<br />
<strong>Balkans</strong> <strong>TMT</strong> <strong>Steel</strong> <strong>Bar</strong> <strong>Market</strong><br />
Scope of the Report<br />
Key Benefits<br />
Key Audiences
Key Benefits<br />
• The Fe 415 grade <strong>TMT</strong> steel bars accounted for the largest revenue <strong>in</strong> the <strong>Balkans</strong><br />
<strong>TMT</strong> steel bar market <strong>in</strong> 2017.<br />
• Commercial application is anticipated to grow with the highest CAGR throughout<br />
the forecast period.<br />
• By volume, Albania accounted for nearly one-sixth share of the <strong>Balkans</strong> <strong>TMT</strong> steel<br />
bar market <strong>in</strong> 2017.<br />
• Kosovo is anticipated to grow at the highest rate dur<strong>in</strong>g the analysis period,<br />
followed by Bosnia and Herzegov<strong>in</strong>a.
Table of Content (TOC)<br />
Chapter: 1 Introduction<br />
Chapter: 2 Executive Summary<br />
Chapter: 3 <strong>Market</strong> Overview<br />
Chapter: 4: <strong>Balkans</strong> <strong>TMT</strong> <strong>Steel</strong> <strong>Bar</strong> <strong>Market</strong>, By Diameter<br />
Chapter: 5: <strong>Balkans</strong> <strong>TMT</strong> <strong>Steel</strong> <strong>Bar</strong> <strong>Market</strong>, By Application<br />
Chapter: 6: <strong>Balkans</strong> <strong>TMT</strong> <strong>Steel</strong> <strong>Bar</strong> <strong>Market</strong>, By Grade<br />
Chapter: 7: <strong>Balkans</strong> <strong>TMT</strong> <strong>Steel</strong> <strong>Bar</strong> <strong>Market</strong>, By Country<br />
Chapter: 8: Company Profiles
Segments<br />
<strong>Balkans</strong> <strong>TMT</strong> <strong>Steel</strong> <strong>Bar</strong> <strong>Market</strong>
Segments<br />
<strong>Balkans</strong> <strong>TMT</strong> <strong>Steel</strong> <strong>Bar</strong> <strong>Market</strong>
Analyst Review<br />
<strong>Balkans</strong> <strong>TMT</strong> <strong>Steel</strong> <strong>Bar</strong> <strong>Market</strong><br />
<strong>TMT</strong> steel bars are a fundamental components of construction materials <strong>in</strong> the <strong>Balkans</strong><br />
and throughout the world. They provide advantages such as superior yield stress, high<br />
ductility, and corrosion resistance over cold twisted deformed bars.<br />
The growth of the <strong>Balkans</strong> <strong>TMT</strong> steel bar market is propelled by different factors such<br />
as <strong>in</strong>crease <strong>in</strong> construction projects across the <strong>Balkans</strong>, rise <strong>in</strong> use of <strong>TMT</strong> steel bars for<br />
the construction of earthquake-resistant structures, and EU support & cooperation for<br />
steel production. Furthermore, technological advancements associated with<br />
process<strong>in</strong>g <strong>TMT</strong> bars and advantages of <strong>TMT</strong> bars over re<strong>in</strong>forcement bars are<br />
anticipated to boost the market growth dur<strong>in</strong>g the forecast period.
<strong>Balkans</strong> <strong>TMT</strong> <strong>Steel</strong> <strong>Bar</strong> <strong>Market</strong><br />
“The construction <strong>in</strong>dustry has witnessed considerable<br />
growth <strong>in</strong> the <strong>Balkans</strong>, which is anticipated to fuel the<br />
adoption of <strong>TMT</strong> steel bars. Furthermore, the demand for<br />
re<strong>in</strong>forced steel bars has <strong>in</strong>creased <strong>in</strong> this region, and this<br />
trend is expected to cont<strong>in</strong>ue throughout the forecast<br />
period, thereby provid<strong>in</strong>g lucrative growth opportunities for<br />
<strong>TMT</strong> steel bars manufacturers.”<br />
Pallavi Jaiswal<br />
Senior Research Analyst at AMR,
Company Profiles<br />
<strong>Balkans</strong> <strong>TMT</strong> <strong>Steel</strong> <strong>Bar</strong> <strong>Market</strong><br />
• ArcelorMittal Zenica<br />
• Balkan <strong>Steel</strong> Eng<strong>in</strong>eer<strong>in</strong>g Ltd.<br />
• Essar <strong>Steel</strong><br />
• HBIS Group<br />
• Metalopromet d. o. o. Kula<br />
• MMD
Thank You<br />
<strong>Balkans</strong> <strong>TMT</strong> <strong>Steel</strong> <strong>Bar</strong> <strong>Market</strong><br />
ThankYou!<br />
For More Details<br />
Do Enquiry<br />
https://www.alliedmarketresearch.com/balkans-<strong>TMT</strong>-steel-bar-market<br />
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