Growing Demand for High-Quality Hot Briquetted Iron Fuels HBI Additives Market Growth; Evonik Industries, Sika AG, and Imerys Expand Global Footprint
The global HBI Additives Market was valued at USD 273.5 million in 2023 and is projected to reach USD 537.6 million by the end of 2034. The market is expected to expand at a CAGR of 6.4% from 2024 to 2034, driven by rising demand for high-performance additives in hot briquetted iron (HBI) production, increasing steel manufacturing activities, and the growing focus on improving iron quality and...
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