Balkans TMT Steel Bar Market Research Report 2018
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
- Report Number: 188118
- Publish Date: 23-May-2018
Balkans Tmt Steel Bar Market Overview:
The Balkans 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. Thermo-mechanically treated (TMT) steel bars are high-strength reinforcement bars, which are used in construction & infrastructure projects, due to their superior strength, weldability, corrosion resistance, and other desirable properties.
The growth of the Balkans TMT steel bar market is driven by different factors such as rise in demand for low-cost reinforcement bars and surge in construction projects such as dams and bridges across the Balkans. Moreover, increase in government support for steel & coal production and advantages offered by TMT steel bar over torsional bars are the key factors that augment the growth of the Balkans TMT steel bar industry. However, technical restraints such as bend ability associated with high grade steel bars are expected to hamper the growth of the market. On the contrary, increase in investment by other countries such as China in Balkan metal industry is expected to provide new opportunities for the key players.
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, 812 mm, and 12 mm & above TMT steel bars. By application, it is classified into residential, commercial, and infrastructure applications. According to grade, it is fragmented into FE-415, FE-500, FE-550, FE-600, and others. Country wise, it is analyzed across Macedonia, Kosovo, Albania, Serbia, Bosnia & Herzegovina, and rest of Balkans.
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The Balkans TMT steel bar market was dominated by the Fe-415 grade TMT steel bars in 2017, owing to their versatility and wide application in reinforced concrete constructions. However, Fe-415 TMT bars are preferred over other grades of TMT bars, as they offer extra durability with higher strength than cold twisted deformed bars.
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Rise in focus of vendors on the developing countries such as Bosnia & Herzegovina and Kosovo is expected to boost the market growth. Kosovo is projected to witness significant growth in the near future, owing to increase in construction investment and surge in demand & availability of TMT steel bars in this country. Furthermore, this region presents remarkable opportunities for the venture capitalists and investors, as the other Balkan markets are comparatively saturated.
The Balkans TMT steel bar market 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.
- 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.
Balkans TMT Steel Bar Market Key Segments:
- 68 mm
- 812 mm
- 12 mm & above
- Bosnia & Herzegovina
- Rest of Balkans
Table Of Content
Chapter: 1: INTRODUCTION
1.1. Report description
1.3.1. List of key players profiled in the report
1.4. Research methodology
1.4.1. Secondary research
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
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
22.214.171.124. Surge in demand for low-cost reinforcement bars
126.96.36.199. Technical constraints associated with higher grade TMT bars
188.8.131.52. Investment by other countries such as China in Balkans heavy industry
3.4.4. Availability and consumption of steel scrap in Balkans, 2017-2024
184.108.40.206. 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
4.1.1. Market volume and forecast
4.2. 6–8 mm
4.2.1. Key market trends
4.3. 8–12 mm
4.3.1. Key market trends
4.4. 12 mm & above
4.4.1. Key market trends
Chapter: 5: BALKANS TMT STEEL BAR MARKET, BY APPLICATION
5.1.1. Market volume and forecast
5.2.1. Key market trends
5.3.1. Key market trends
5.4.1. Key market trends
Chapter: 6: BALKANS TMT STEEL BAR MARKET, BY GRADE
6.1.1. Market volume and forecast
6.2.1. Key market trends
6.3.1. Key market trends
6.4.1. Key market trends
6.5.1. Key market trends
6.6. Other grades
6.6.1. Key market trends
Chapter: 7: BALKANS TMT STEEL BAR MARKET, BY COUNTRY
7.1.1. Market volume and forecast
7.2.1. Key market trends
7.3.1. Key market trends
7.4.1. Key market trends
7.5.1. Key market trends
7.6. Bosnia & Herzegovina
7.6.1. Key market trends
7.7. Rest of Balkans
7.7.1. Key market trends
Chapter: 8: COMPANY PROFILES
8.1. ArcelorMittal Zenica
8.1.1. Company overview
8.2. Balkan Steel Engineering Ltd.
8.2.1. Company overview
8.3. Essar Steel
8.3.1. Company overview
8.4. HBIS Group
8.4.1. Company overview
8.5. Metalopromet d. o. o. Kula
8.5.1. Company overview
8.6.1. Company overview
8.7. SIDERAL S.H.P.K.
8.7.1. Company overview
8.8. SIJ Group
8.8.1. Company overview
8.9. TATA Steel
8.9.1. Company overview
8.10. HUS Ltd.
8.10.1. Company overview
LIST OF TABLES
TABLE 01. AVAILABILITY OF STEEL SCRAP IN THE BALKANS, BY COUNTRY, 2017-2024 (THOUSAND TONS)
LIST OF FIGURES
FIGURE 01. BALKAN TMT STEEL BAR MARKET SEGMENTATION