Balkans TMT Steel Bar Market to Witness Exponential Growth by 2024

A fresh report titled “Balkans TMT Steel Bar Market by Diameter (6-8 MM, 8-12 MM, and 12 MM & Above), Application (Residential, Commercial, and Infrastructure), Grade (Fe-415, Fe-500, Fe-550, Fe-600, and Others), and Country (Macedonia, Kosovo, Albania, Serbia, Bosnia & Herzegovina, and Rest of Balkans) - Opportunity Analysis and Industry Forecast, 2018-2024” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Balkans TMT Steel Bar Market. The competition analysis is also a major part of the report.


 
The Balkan TMT steel bar market was valued at $1,769 million in 2017, and is anticipated to reach $4,065 million by 2024, registering a CAGR of 12.5% from 2018 to 2024. In terms of volume, this market accounted for 2,669 thousand tons in 2017, and is anticipated to reach 5,435 tons by 2024, registering a CAGR of 10.6% from 2018 to 2024.

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Advantages offered by TMT steel bars over other products such as cold twisted deformed steel bars, upsurge in demand for low-cost reinforcement bars, and rise in construction projects such as dams and bridges in the Balkans are the key factors that augment the growth of the Balkan TMT steel bar market.

Furthermore, EU support and cooperation in coal & steel production in the Balkans is expected to boost the market growth. However, technical constraints such as bendability associated with higher grade TMT bars impede the market growth. Conversely, increase in investment by other countries such as China in Balkans heavy industry is anticipated to provide future growth opportunities to the market.

The Balkans TMT steel bar market is segmented based on diameter, application, grade, and country. On the basis of diameter, the market is divided into 68 mm, 8—12 mm, and 12 mm & above TMT steel bars. The applications covered in the study include residential, commercial and infrastructure. Depending on grade, the market is fragmented into FE-415, FE-500, FE-550, FE-600, and other. Country wise, it is analyzed across Macedonia, Kosovo, Albania, Serbia, Bosnia & Herzegovina, and rest of Balkans.

KEY BENEFITS
- This report entails a detailed quantitative analysis of the current market trends from 2017 to 2024 to identify the prevailing opportunities along with strategic assessment of the Balkans TMT steel bar market.
- Market volume, size, and estimations are based on comprehensive analysis of the grades, applications, and diameters of the products.
- An in-depth country-based analysis assists to understand the regional market and facilitate the strategic business planning.
- Key market players are thoroughly analyzed to understand the competitive outlook of the market.

KEY MARKET SEGMENTS

By Diameter
- 6-8 mm
- 8-12 mm
- 12 mm & above

By Application
- Residential
- Commercial
- Infrastructure

By Grade
- Fe-415
- Fe-500
- Fe-550
- Fe-600
- Others

Country
- Macedonia
- Kosovo
- Albania
- Serbia
- Bosnia & Herzegovina
- Rest of Balkans

The list of key players operating in this market includes:
- ArcelorMittal Zenica
- Balkan Steel Engineering Ltd.
- Essar Steel
- HBIS Group
- HUS Ltd.
- Metalopromet d.o.o. Kula
- MMD
- SIDERAL S.H.P.K.
- SIJ Group
- TATA Steel

The other players included in the value chain analysis (and not included in the report) include:
- Eurometal Bulgaria Ltd.
- Ovako Bulgaria
- Metalfer Group

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Table of Content

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.3.1. List of key players profiled in the report
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.1.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Surge in demand for low-cost reinforcement bars
3.4.1.2. Increase in construction projects such as dams and bridges
3.4.1.3. EU support & cooperation in coal & steel production
3.4.1.4. Advantages of TMT steel bar over high yielding strength deformed bars (HYSD)
3.4.1.5. Surge in of TMT use for building earthquake-resistant structures
3.4.1.6. Technological advancements in processing TMT bars
3.4.2. Restraint
3.4.2.1. Technical constraints associated with higher grade TMT bars
3.4.3. Opportunity
3.4.3.1. Investment by other countries such as China in Balkans heavy industry
3.4.4. Availability and consumption of steel scrap in Balkans, 2017-2024
3.4.5. Pricing analysis of steel scrap, 2017-2024
3.4.5.1. Pricing analysis of TMT steel bars, 2017-2024
3.4.6. List of top TMT steel bar buyers in Balkans

CHAPTER 4: BALKANS TMT STEEL BAR MARKET, BY DIAMETER
4.1. Overview
4.1.1. Market volume and forecast
4.1.2. Market size and forecast
4.2. 68 mm
4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market volume and forecast
4.2.4. Market size and forecast
4.3. 812 mm
4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market volume and forecast
4.3.4. Market size and forecast
4.4. 12 mm & above
4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market volume and forecast
4.4.4. Market size and forecast

CHAPTER 5: BALKANS TMT STEEL BAR MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market volume and forecast
5.1.2. Market size and forecast
5.2. Residential
5.2.1. Key market trends
5.2.2. Growth factors and opportunities
5.2.3. Market volume and forecast
5.2.4. Market size and forecast
5.3. Commercial
5.3.1. Key market trends
5.3.2. Growth factors and opportunities
5.3.3. Market volume and forecast
5.3.4. Market size and forecast
5.4. Infrastructure
5.4.1. Key market trends
5.4.2. Growth factors and opportunities
5.4.3. Market volume and forecast
5.4.4. Market size and forecast

CHAPTER 6: BALKANS TMT STEEL BAR MARKET, BY GRADE
6.1. Overview
6.1.1. Market volume and forecast
6.1.2. Market size and forecast
6.2. Fe-415
6.2.1. Key market trends
6.2.2. Growth factors and opportunities
6.2.3. Market volume and forecast
6.2.4. Market size and forecast
6.3. Fe-500
6.3.1. Key market trends
6.3.2. Growth factors and opportunities
6.3.3. Market volume and forecast
6.3.4. Market size and forecast

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Balkans TMT Steel Bar Market to Witness Exponential Growth by 2024 Balkans TMT Steel Bar Market to Witness Exponential Growth by 2024 Reviewed by PR News on July 31, 2019 Rating: 5

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