According to our (Global Info Research) latest study, the global Hot Briquetted Iron (HBI) market size was valued at USD 4412.7 million in 2022 and is forecast to a readjusted size of USD 5125.7 million by 2029 with a CAGR of 2.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Hot Briquetted Iron (HBI) is a premium form of DRI that has been compacted at a temperature greater than 650° C at time of compaction and has a density greater than 5,000 kilograms per cubic metre (5,000 kg/m3). HBI was developed as a product in order to overcome the problems associated with shipping and handling of DRI - due to the process of compaction it is very much less porous and therefore very much less reactive than DRI and does not suffer from the risk of self-heating associated with DRI.
Global main manufacturers of hot briquetted iron (HBI) include Metalloinvest, Voestalpine and Cleveland-Cliffs, etc. The top three players hold a share about 72%. Europe is the largest producer, holds a share around 49%, followed by North America and India, with share 26% and 8%, separately. The largest market is Asia-Pacific, holds a share about 35%, followed by Europe and North America, with around 33% and 21% market share respectively.
This report is a detailed and comprehensive analysis for global Hot Briquetted Iron (HBI) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Fe Content and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
For more information (Including Full TOC, List of Tables & Figures, Chart), please click @ https://www.globalinforesearch.com/reports/1002674/hot-briquetted-iron-(hbi)
This report profiles key players in the global Hot Briquetted Iron (HBI) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Metalloinvest, Orinoco Iron, Voestalpine, Jindal Shadeed and Cleveland-Cliffs, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segment by Fe Content
90-92%
Above 92%
Market segment by Application
Electric Arc Furnaces
Blast Furnaces
Basic Oxygen Furnaces
Others
Major players covered
Metalloinvest
Orinoco Iron
Voestalpine
Jindal Shadeed
Cleveland-Cliffs
Essar Steel
Lisco
Comsigua
Lion Group
JSW Steel
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hot Briquetted Iron (HBI) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hot Briquetted Iron (HBI), with price, sales, revenue and global market share of Hot Briquetted Iron (HBI) from 2018 to 2023.
Chapter 3, the Hot Briquetted Iron (HBI) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hot Briquetted Iron (HBI) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Hot Briquetted Iron (HBI) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hot Briquetted Iron (HBI).
Chapter 14 and 15, to describe Hot Briquetted Iron (HBI) sales channel, distributors, customers, research findings and conclusion.
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