Global Vs. Indian TMT Steel Bar Market: A Comparative Study
The global construction industry has been booming, resulting in a tremendous demand for TMT steel bars . Infrastructural development and expansion of modern architecture are driving the growth of the TMT steel bar market across geographies. Global TMT Steel Bars Market The global TMT steel bar market is divided into North America, Asia-Pacific, Europe, and the remaining countries of the world. Asia-Pacific region has a premium share in the global TMT steel bar market. Countries like India and China are the key growth drivers. Europe is emerging as a major TMT steel bar market with a significant CAGR over the next 5 years period. The development of coal and steel industries in Europe has stimulated this development. North America, too, has been showing steady growth. It is anticipated that during 2019-2023, the global TMT steel bar market will grow by USD 10.3 billion. India's TMT Steel Bar Market The following companies are among the top TMT steel bar manufacturers in India: ●...