openPR Logo
Press release

Balkans TMT Steel Bar Market Landscape & Growth Prospect by key players: ArcelorMittal Zenica, Balkan Steel Engineering Ltd., Essar Steel and More

07-02-2019 07:29 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Balkans TMT Steel Bar Market

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.

According to a new report published by Allied Market Research, 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.

Download Sample PDF Brochure at:

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.

Do Purchase Enquiry at:

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 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.
• Balkans TMT steel bar market size & volume and estimations are based on comprehensive analysis of the grades, applications, diameters of the products.
• An in-depth country-based analysis assists to understand the regional market, and facilitates strategic business planning.
• Key market players are thoroughly analyzed to understand the competitive outlook of the market.

Learn More at:


David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1〈855〉550-5975

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Balkans TMT Steel Bar Market Landscape & Growth Prospect by key players: ArcelorMittal Zenica, Balkan Steel Engineering Ltd., Essar Steel and More here

News-ID: 1793386 • Views: 329

More Releases from Allied Market Research

North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ Synthetic biology is at a nascent stage and has recently

All 5 Releases

More Releases for TMT

Global TMT Steel Bar Industry Research Report, Growth Trends and Competitive Ana …
This study focuses on the production side and consumption side of TMT Steel Bar, presents the global TMT Steel Bar market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the TMT Steel Bar capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type. In terms of
TMT Steel Bar Market Overview by Rising Production and Revenue 2018 to 2025
Global TMT Steel Bar Market Insights, Forecast To 2025 The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on Markets and materials, capacities and technologies, and on
Global Underwater Exploration Robots Market Research Report 2018 : Forum Energy …
Researchmoz added Most up-to-date research on "Global Underwater Exploration Robots Market Research Report 2018" to its huge collection of research reports. This report studies the global Underwater Exploration Robots market status and forecast, categorizes the global Underwater Exploration Robots market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central &
TMT Predictions 2018 Part I - Global Thematic Research & Forecast 2022
TMT Predictions Part 1 Overview: Big Data and artificial intelligence: machine learning, voice, virtual & augmented reality, data centers, cybersecurity, cloud computing  Internet of Things (IoT): automated home, autonomous vehicles, industrial IoT, medical IoT, wearable tech, ambient commerce  FinTech: cryptocurrencies, blockchain, initial coin offerings, mobile payments, crowdfunding  Digital media: internet tv, ecommerce, social media  Advanced manufacturing: robotics, 3D printing, genomics, quantum computing  Sustainability: electric vehicles, batteries, sharing economy  Macro and regulation: M&A, net neutrality, data privacy, geopolitics, tax
TMT Predictions Global Market 2018: Key Players Acer, Ahold, Alibaba, Amazon
Summary In Part I of “TMT Predictions 2018" report, we looked at the following themes: machine learning, voice, data centers, cybersecurity, virtual & augmented reality, blockchain, cryptocurrencies, internet TV, cloud computing and the Splinternet. In Part II of this report, we look at the Internet of Things (including the automated home, autonomous vehicles, the industrial internet, ambient commerce and the medical internet of things), genomics, silicon photonics, 5G and regulation. We will
Most Important Investment Themes for 2017 and Identify Winners & Losers: TMT Pre …
An up-to-date research report has been disclosed by Market Research Hub highlighting the title “TMT Predictions 2016 Part 2-Global Thematic Research” which provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the most important investment themes for 2017 and identifies winners and losers. In Part II, it covers the second ten - virtual reality, wearable technology, autonomous vehicles, the Industrial Internet,