Report overview
Special bar quality (SBQ) steels can be defined as those, which are developed for challenging and high stress applications. Thus, these steels stand out different & tall among a diversity of grades that are in use in the enterprising processes. The SBQ steels have thus emerged as the mandatory requirements in various applications like those defined by high speed machining, high stress and high tensile strength among other finer attributes of engineering and metallurgy. The SBQ steels are today offered by manufacturers in the form of stainless steel bar, steel Hexagons, flats, tubes and other products of demand and relevance in manufacturing economy. These are mostly used in the development of bearings, high speed shafts, gears and other vital products that have to be resistant to the metal fatigue through prolonged and continuous use as moving parts in machineries/automobiles.
This report contains market size and forecasts of Special Bar Quality Engineering Steel in global, including the following market information:
Global Special Bar Quality Engineering Steel Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global Special Bar Quality Engineering Steel Market Sales, 2018-2023, 2023-2030, (Tons)
Global top five Special Bar Quality Engineering Steel companies in 2022 (%)
The global Special Bar Quality Engineering Steel market was valued at US$ million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Round Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Special Bar Quality Engineering Steel include CITIC, TimkenSteel, Stomana Industry, Gerdau, Nucor Corporation, ArcelorMittal, Sanyo Special Steel, ICH and Weifang Special Steel, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Special Bar Quality Engineering Steel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Special Bar Quality Engineering Steel Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Special Bar Quality Engineering Steel Market Segment Percentages, by Type, 2022 (%)
Round
Square
Hexagon
Other
Global Special Bar Quality Engineering Steel Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Special Bar Quality Engineering Steel Market Segment Percentages, by Application, 2022 (%)
Automotive Industry
Energy Industry
Transportation Industry
Other
Global Special Bar Quality Engineering Steel Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Special Bar Quality Engineering Steel Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Special Bar Quality Engineering Steel revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Special Bar Quality Engineering Steel revenues share in global market, 2022 (%)
Key companies Special Bar Quality Engineering Steel sales in global market, 2018-2023 (Estimated), (Tons)
Key companies Special Bar Quality Engineering Steel sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
CITIC
TimkenSteel
Stomana Industry
Gerdau
Nucor Corporation
ArcelorMittal
Sanyo Special Steel
ICH
Weifang Special Steel
Max Aicher
JSW Steel
Charter Steel
Dongbei Special Steel
Saarstahl
SeAH Besteel
Steel Dynamics
Swiss Steel
Metalloinvest
Valin Group
Tata Steel
Sidenor
Alton Steel
