TMT Bars Market Research Report, Size, Industry Forecast Analysis | Valuates Reports

The global TMT Bars market was valued at US$ 11300 million in 2023 and is anticipated to reach US$ 20620 million by 2030, witnessing a CAGR of 8.7% during the forecast period 2024-2030.

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TMT steel bars or Thermo-Mechanically Treated steel bars are high-strength reinforcement bars having a tough outer core and a soft inner core. The manufacturing process involves passing the steel wires through a rolling mill stand and passed through the Tempcore water cooling system. This delivers greater tensile strength to the TMT bars. The most important features of TMT steel bar include higher elongation. This improves the bend/re-bend properties or the TMT steel bars, thus making it safe from natural calamities such as an earthquake.These TMT steel bars are generally used material in construction for enhanced protection against earthquake and another type of natural dis

North American market for TMT Bars is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for TMT Bars is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The major global manufacturers of TMT Bars include TATA Steel, JSW Steel, Jindal Steel, Shyam Steel, Ambe Group, Moira Sariya, SBF Group, Kamdhenu Group and German TMX, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for TMT Bars, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding TMT Bars.

By Type

Fe-415
Fe-500
Fe-550
Fe-600
By Application

Residential
Commercial
Industrial
Infrastructure
Key Companies

TATA Steel, JSW Steel, Jindal Steel, Shyam Steel, Ambe Group, Moira Sariya, SBF Group, Kamdhenu Group, German TMX, Jai Raj Steel, ARS Steels & Alloy, Sentinel Steel, MTC Group, Jeppiaar, Vinayak, Kairali TMT

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