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Electrical Steel Market Size, Share & Trends Analysis Report By Product (GOES, NGOES), By Application (Transformer, Motor, Inductor), By Region (North America, Europe, APAC, CSA, MEA), And Segment Forecasts, 2021-2028

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    Report

  • 90 Pages
  • October 2021
  • Region: Global
  • Grand View Research
  • ID: 5463616
Description Jump to:
The global electrical steel market size is expected to reach USD 34.3 billion by 2028. The market is expected to expand at a CAGR of 4.9% from 2021 to 2028. The growing need for power generation has augmented the demand for transformers, generators, and other such products that require electrical steel to deliver enhanced performance.



Electrical steel is an iron alloy that contains varying amounts of silicon. Based on its composition and application, it is also referred to as lamination steel, silicon steel, transformer steel, and relay steel. Its phenomenal magnetic properties make it of vital use in rotating and static machines.

Based on product, the market is segmented into grain-oriented and non-grain-oriented. The non-grain-oriented segment is anticipated to maintain its dominance over the forecast period owing to its widespread applications in all stages of the energy value chain from generators to appliances. The grain-oriented electrical steel mainly finds application in transformers. It is expected to register faster growth across the forecast period on account of growing production capacity for transformers.

Based on application, the transformer segment dominated the market in 2020 and this trend is expected to continue during the forecast period. On account of the growing expansion of electricity grids worldwide and rising government focus towards rural electrification, the demand for transformers has accelerated. For example, in February 2021, Sylvan Technologies Limited began manufacturing power transformers. This production will help reduce Bangladesh’s dependence on imports and play a vital role in ensuring 100% electrification in the country.

Based on region, Asia Pacific held the largest revenue share of the market in 2020 and is anticipated to maintain its dominance across the forecast period. Growing electricity generation and rising production of electric vehicles in the region have augmented the need for products including transformers, generators, and motors. The increase in manufacturing of these products in turn is anticipated to boost the consumption of electrical steel over the forecast period.

Considering the huge potential growth in the electric vehicles market, companies from different industries are expressing interest in electric car manufacturing. For instance, in March 2021, Xiaomi announced that it plans to produce electric vehicles in partnership with Great Wall Motor. The company expects to launch its electric vehicles around 2023.

Growth in the end-use industries has made the market highly competitive. The market players are engaged in developing new grades, increasing their production, and expanding their reach to cater to the growing demand for the product. For instance, in March 2021, ArcelorMittal announced to invest a sum of EUR 13 million (~USD 15.9 million) in its Saint Chély d’Apcher plant in France, which manufactures iCARe electrical steel for the automotive sector.

Electrical Steel Market Report Highlights

  • The grain-oriented electrical steel segment is anticipated to register a CAGR of 5.5%, in terms of revenue, over the forecast period. The growth can be attributed to the increasing production of transformers
  • The motor segment is anticipated to register a CAGR of 5.2%, in terms of revenue, over the forecast period. The increasing production of electric vehicles has accelerated the manufacturing of electric motors, which in turn is expected to augment the demand for electrical steel over the coming years
  • Europe is anticipated to register a CAGR of 5.5%, in terms of revenue, over the forecast period. Increasing sales of electric vehicles in the region has attracted foreign companies to set up factories in Europe, which, in turn, is expected to boost the consumption of electrical steel in the region
  • Asia Pacific accounted for a revenue share of over 71.0% in 2020 of the global market. Focus on rural electrification in developing economies of the region is expected to augment the need for transformers and eventually consumption of electrical steel in coming years

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Insights
2.2. Segmental Outlook
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Outlook
3.1.1. Global Steel Industry Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Trends
3.3.2. Production & Manufacturing Trends
3.3.3. Sales Channel Analysis
3.4. Regulatory Framework
3.5. Electrical Steel Market- Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Opportunity Analysis
3.5.4. Market Challenge Analysis - Impact of COVID-19
3.6. Electrical Steel Industry - Porter’s Five Forces Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of Substitution
3.6.4. Threat of New Entrants
3.6.5. Competitive Rivalry
3.7. Electrical Steel Industry - PESTLE Analysis
3.7.1. Political Landscape
3.7.2. Economic Landscape
3.7.3. Social Landscape
3.7.4. Technology Landscape
3.7.5. Environmental Landscape
3.7.6. Legal Landscape
Chapter 4. Electrical Steel Market: Product Estimates & Trend Analysis
4.1. Electrical Steel Market: Product Movement Analysis, 2020 & 2028
4.2. Grain Oriented Electrical Steel
4.2.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
4.3. Non-grain Oriented Electrical Steel
4.3.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Chapter 5. Electrical Steel Market: Application Estimates & Trend Analysis
5.1. Electrical Steel Market: Application Movement Analysis, 2020 & 2028
5.2. Transformer
5.2.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
5.3. Motor
5.3.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
5.4. Inductor
5.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
5.5. Others
5.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Chapter 6. Electrical Steel Market: Regional Estimates & Trend Analysis
6.1. Electrical Steel Market: Regional Movement Analysis, 2020 & 2028
6.2. North America
6.2.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.2.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.2.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.2.4. U.S.
6.2.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.2.4.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.2.4.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.2.5. Canada
6.2.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.2.5.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.2.5.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.2.6. Mexico
6.2.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.2.6.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.2.6.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.3. Europe
6.3.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.3.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.3.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.3.4. Germany
6.3.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.3.4.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.3.4.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.3.5. Russia
6.3.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.3.5.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.3.5.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) Kilotons)
6.3.6. Turkey
6.3.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.3.6.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.3.6.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.3.7. France
6.3.7.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.3.7.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.3.7.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.3.8. Italy
6.3.8.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.3.8.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.3.8.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.4. Asia Pacific
6.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.4.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.4.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.4.4. China
6.4.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.4.4.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.4.4.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.4.5. India
6.4.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.4.5.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.4.5.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.4.6. Japan
6.4.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.4.6.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.4.6.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.4.7. South Korea
6.4.7.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.4.7.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.4.7.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.5. Central & South America
6.5.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.5.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.5.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.5.4. Brazil
6.5.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.5.4.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.5.4.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.6. Middle East & Africa
6.6.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.6.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.6.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
6.6.4. Iran
6.6.4.1. Market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
6.6.4.2. Market estimates and forecasts, by product, 2017 - 2028 (USD Million) (Kilotons)
6.6.4.3. Market estimates and forecasts, by application, 2017 - 2028 (USD Million) (Kilotons)
Chapter 7. Competitive Landscape
7.1. Key Players & Recent Developments & Their Impact On The Industry
7.2. Vendor Landscape
7.2.1. Company Market Position Analysis
7.2.2. List of raw material suppliers, distributors, and other prominent manufacturers
7.2.3. List of potential customers
Chapter 8. Company Profiles
8.1. ArcelorMittal
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. POSCO
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. thyssenkrupp AG
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. JFE Steel
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Cleveland-Cliffs Corporation
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. NIPPON STEEL CORPORATION
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. ChinaSteel
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Tata Steel
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. Baosteel Group
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. United States Steel
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives
List of Tables
Table 1 Grain oriented electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 2 Non-grain oriented electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 3 Electrical steel market estimates and forecasts, by transformer, 2017 - 2028 (USD Million) (Kilotons)
Table 4 Electrical steel market estimates and forecasts, by motor, 2017 - 2028 (USD Million) (Kilotons)
Table 5 Electrical steel market estimates and forecasts, by inductor, 2017 - 2028 (USD Million) (Kilotons)
Table 6 Electrical steel market estimates and forecasts, in other applications, 2017 - 2028 (USD Million) (Kilotons)
Table 7 North America electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 8 North America electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 9 North America electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 10 North America electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 11 North America electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 12 U.S. electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 13 U.S. electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 14 U.S. electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 15 U.S. electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 16 U.S. electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 17 Canada electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 18 Canada electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 19 Canada electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 20 Canada electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 21 Canada electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 22 Mexico electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 23 Mexico electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 24 Mexico electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 25 Mexico electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 26 Mexico electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 27 Europe electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 28 Europe electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 29 Europe electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 30 Europe electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 31 Europe electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 32 Germany electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 33 Germany electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 34 Germany electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 35 Germany electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 36 Germany electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 37 Russia electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 38 Russia electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 39 Russia electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 40 Russia electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 41 Russia electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 42 Turkey electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 43 Turkey electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 44 Turkey electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 45 Turkey electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 46 Turkey electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 47 France electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 48 France electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 49 France electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 50 France electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 51 France electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 52 Italy electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 53 Italy electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 54 Italy electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 55 Italy electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 56 Italy electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 57 Asia Pacific electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 58 Asia Pacific electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 59 Asia Pacific electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 60 Asia Pacific electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 61 Asia Pacific electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 62 China electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 63 China electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 64 China electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 65 China electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 66 China electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 67 India electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 68 India electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 69 India electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 70 India electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 71 India electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 72 Japan electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 73 Japan electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 74 Japan electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 75 Japan electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 76 Japan electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 77 South Korea electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 78 South Korea electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 79 South Korea electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 80 South Korea electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 81 South Korea electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 82 Central & South America electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 83 Central & South America electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 84 Central & South America electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 85 Central & South America electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 86 Central & South America electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 87 Brazil electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 88 Brazil electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 89 Brazil electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 90 Brazil electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 91 Brazil electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 92 Middle East & Africa electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 93 Middle East & Africa electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 94 Middle East & Africa electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 95 Middle East & Africa electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 96 Middle East & Africa electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
Table 97 Iran electrical steel market estimates and forecasts, 2017 - 2028 (USD Million) (Kilotons)
Table 98 Iran electrical steel market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 99 Iran electrical steel market estimates and forecasts, by product, 2017 - 2028 (Kilotons)
Table 100 Iran electrical steel market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 101 Iran electrical steel market estimates and forecasts, by application, 2017 - 2028 (Kilotons)
List of Figures
FIG. 1 Electrical Steel Market - Market Segmentation
FIG. 2 Information procurement
FIG. 3 Data analysis models
FIG. 4 Market formulation and validation
FIG. 5 Market Snapshot
FIG. 6 Electrical Steel Market, 2017 - 2028, (USD Million) (Kilotons)
FIG. 7 Value Chain - Electrical Steel Market
FIG. 8 Market Driver Analysis
FIG. 9 Market Restraint Analysis
FIG. 10 Porter’s Analysis
FIG. 11 PESTEL Analysis
FIG. 12 Electrical Steel Market: Product movement analysis, 2020 & 2028
FIG. 13 Electrical Steel Market: Application movement analysis, 2020 & 2028
FIG. 14 Electrical Steel Market: Regional movement analysis, 2020 & 2028

Companies Mentioned

  • ArcelorMittal
  • POSCO
  • thyssenkrupp AG
  • JFE Steel
  • Cleveland-Cliffs Corporation
  • NIPPON STEEL CORPORATION
  • ChinaSteel
  • Tata Steel
  • Baosteel Group
  • United States Steel

Methodology

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Table Information

Report AttributeDetails
No. of Pages90
PublishedOctober 2021
Forecast Period2021 - 2028
Estimated Market Value ( USD ) in 2021 $ 25.12 billion
Forecasted Market Value ( USD ) by 2028 $ 34.3 billion
Compound Annual Growth Rate4.6%
Regions CoveredGlobal
No. of Companies Mentioned10

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