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Special Bar Quality (SBQ) Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
The global Special Bar Quality (SBQ) market is projected to grow from US$ 28180 million in 2023 to US$ 34520 million by 2029, at a Compound Annual Growth Rate (CAGR) of 3.4% during the forecast period.
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The key players of SBQ (special bar quality) Steel include CITIC, Nucor Corporation, ICH, etc. The top 2 players account for approximately 37% of the total market. Asia & Far East Asia is the largest market accounting for about 45%, followed by North America and Europe. In terms of type, rounds is the largest segment, with a share about 60%. And in terms of application, the largest application is automotive industry, followed by transportation industry.
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By Type
• Hot-rolled
• Cold-finished
By Application
• Automotive
• Oil and Gas
• Agriculture
• Heavy Equipment
• Others
Key Players
Republic Steel, Gerdau, TimkenSteel, Nucor, Steel Dynamics, Alton Steel, Stomana Industry S.A., Eaton Steel
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