Global Bright Steel Bar Market Size Expected to Reach $ 6 Billion by 2029, Growing at a CAGR of 8%, Cover Regional Analysis
The global bright steel bar market is projected to reach USD 4 Billion in 2024, with a CAGR of 8% during 2024-2029. Definition Bright steel bar is a carbon black steel which has had the surface condition improved by drawing, peeling, turning or grinding the black steel finish to produce a “bright” finish with a tighter tolerance and an improved surface without scale. Bright Bars are steel bars which are structured in precise shape, making it the preferred choice in the manufacture of various products. Market by Region Based on region, the bright steel bar market is divided into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. In 2023, the Asia-Pacific market accounted for the largest regional sales share, reaching 72.43%. The table below shows the sales market share by region in 2023. Region Sales Share in…