Global TMT Steel Bar Market Insights and Forecast to 2027

TMT Bars are Thermo Mechanically Treated steel bars. These bars are subject to Thermo-Mechanical treatment. The process includes passing the steel wires through Tempocore water cooling system once they are rolled in the Rolling Stand Mill. It hardens the outer layer of the TMT bar while keeping the inner core soft.
The growth of the 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 World. Moreover, increase in government support for steel and coal production and advantages offered by TMT steel bar over torsional bars are the key factors that augment the growth of the TMT steel bar industry.

Market Analysis and Insights: Global TMT Steel Bar Market
The global TMT Steel Bar market is valued at US$ XX million in 2019. The market size will reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.

Global TMT Steel Bar Scope and Segment
TMT Steel Bar market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global TMT Steel Bar market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
68 mm
812 mm
12 mm and above

Segment by Application
Residential
Commercial
Infrastructure

By Company
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

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE