Balkans TMT Steel Bar Market by Diameter, Application, Grade, and Country - Opportunity Analysis and Industry Forecast, 2018-2024

  • ID: 4603659
  • Report
  • 141 pages
  • Allied Analytics LLP
1 of 4
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

Thermo-mechanically treated (TMT) bars are fabricated through a metallurgical process, which combines work hardening with heat treatment for formulating a robust and high-strength product from low-carbon steel. These bars are high-strength reinforcement bars, which are widely used in the construction industry, due to their high ductility, resistance to corrosion, weldability, and other desirable physical properties.

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.

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 6—8 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
READ MORE
Note: Product cover images may vary from those shown
2 of 4
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
6.4. Fe-550
6.4.1. Key market trends
6.4.2. Growth factors and opportunities
6.4.3. Market volume and forecast
6.4.4. Market size and forecast
6.5. Fe-600
6.5.1. Key market trends
6.5.2. Growth factors and opportunities
6.5.3. Market volume and forecast
6.5.4. Market size and forecast
6.6. Other grades
6.6.1. Key market trends
6.6.2. Growth factors and opportunities
6.6.3. Market volume and forecast
6.6.4. Market size and forecast

CHAPTER 7: BALKANS TMT STEEL BAR MARKET, BY COUNTRY
7.1. Overview
7.1.1. Market volume and forecast
7.1.2. Market size and forecast
7.2. Macedonia
7.2.1. Key market trends
7.2.2. Growth factors and opportunities
7.2.3. Market volume and forecast
7.2.4. Market size and forecast
7.3. Kosovo
7.3.1. Key market trends
7.3.2. Growth factors and opportunities
7.3.3. Market volume and forecast
7.3.4. Market size and forecast
7.4. Albania
7.4.1. Key market trends
7.4.2. Growth factors and opportunities
7.4.3. Market volume and forecast
7.4.4. Market size and forecast
7.5. Serbia
7.5.1. Key market trends
7.5.2. Growth factors and opportunities
7.5.3. Market volume and forecast
7.5.4. Market size and forecast
7.6. Bosnia & Herzegovina
7.6.1. Key market trends
7.6.2. Growth factors and opportunities
7.6.3. Market volume and forecast
7.6.4. Market size and forecast
7.7. Rest of Balkans
7.7.1. Key market trends
7.7.2. Growth factors and opportunities
7.7.3. Market volume and forecast
7.7.4. Market size and forecast

CHAPTER 8: COMPANY PROFILES
8.1. ArcelorMittal Zenica
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Business performance
8.2. Balkan Steel Engineering Ltd.
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.3. Essar Steel
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Product portfolio
8.3.4. Business performance
8.4. HBIS Group
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.5. Metalopromet d. o. o. Kula
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.6. MMD
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Product portfolio
8.7. SIDERAL S.H.P.K.
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Product portfolio
8.8. SIJ Group
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Product portfolio
8.8.5. Business performance
8.8.6. Key strategic moves and developments
8.9. TATA Steel
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance
8.10. HUS Ltd.
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
According to a new report titled, "Balkans TMT Steel Bar Market by Diameter, Application, Grade, and Country: Opportunity Analysis and Industry Forecast, 20182024, the 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.

TMT steel bars are superior quality reinforced steel bars that are routinely used in the infrastructure & construction industry, owing to their significant physical properties such as ductility, toughness, corrosion resistance, and others.

The Balkans TMT steel bar market is anticipated to grow considerably in the near future, owing to different factors such as infrastructural development in the Balkans and advantages offered by TMT bars over torsional bars. Furthermore, support and cooperation from the EU for the development of the coal and steel industries in the Balkans supplement the growth of the market. However, technical constraints associated with higher grade TMT bars are anticipated to hamper the market growth. On the contrary, rise in investment by countries such as China in Balkan heavy industry is anticipated to provide potential growth opportunities to the market players during the forecast period.

According to grade, in 2017, the FE-415 grade TMT steel bars accounted for more than two-thirds share of the market, in terms of volume. By application, the residential application segment garnered nearly one-fourth of the market share by value in 2017, and is projected to exhibit prominent growth rate, owing to surge in construction of housing & residential projects in the Balkans.

Depending on the diameter segment, the TMT bars having diameter of 12 mm & above generated the highest revenue in 2017, due to their widespread application in reinforced concrete columns.

Key Findings of the Balkans TMT Steel Bar Market:

The Fe 415 grade TMT steel bars accounted for the largest revenue in the Balkans TMT steel bar market in 2017.
Commercial application is anticipated to grow with the highest CAGR throughout the forecast period.
By volume, Albania accounted for nearly one-sixth share of the Balkans TMT steel bar market in 2017.
Kosovo is anticipated to grow at the highest rate during the analysis period, followed by Bosnia and Herzegovina.

Albania was the leading revenue contributor to the Balkan market in 2017, owing to high adoption rate of TMT steel bars and rise in construction projects such as the National Arena Stadium in Tirana, construction of the Trans Adriatic Pipeline, and others. However, Kosovo is expected to grow at the highest CAGR of 15.0% from 2018 to 2025, due increase in government and private sector initiatives to improve the energy infrastructure, connectivity & transportation, and development in this region.

The report provides an extensive competitive analysis and profiles of the key market players such as 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, and TATA Steel. The other players in the value chain (not included in the report) include Eurometal Bulgaria Ltd., Ovako Bulgaria, and Metalfer Group.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll