Global Non Grain-oriented Electrical Steel Market Research Report 2022 - Market Size, Current Insights and Development Trends

SKU ID : Maia-20923863 | Publishing Date : 12-May-2022 | No. of pages : 119

Electrical steel (lamination steel, silicon electrical steel, silicon steel, relay steel, transformer steel) is a special steel tailored to produce specific magnetic properties: small hysteresis area resulting in low power loss per cycle, low core loss, and high permeability. Non-oriented electrical steel sheets are sheets tailored to produce specific properties and are produced from Fe-Si or Fe-Si-Al alloys. Non-oriented electrical steel sheets are incorporated into a wide range of equipment, from the simplest domesticappliances to hybrid and pure electric vehicles.
The Non Grain-oriented Electrical Steel market has witnessed a growth from USD XX million to USD XX million from 2017 to 2022. With a CAGR of X.X%, this market is estimated to reach USD XX million in 2029.

The report focuses on the Non Grain-oriented Electrical Steel market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Non Grain-oriented Electrical Steel market.

Major Players in the Non Grain-oriented Electrical Steel market are:
Nucor
TISCO
BX Steel
Thyssen Krupp
Posco
ArcelorMittal
CSC
Ansteel
JFE Steel
Voestalpine
NLMK
AK Steel
Masteel
NSSMC

On the basis of types, the Non Grain-oriented Electrical Steel market is primarily split into:
Fully Processed
Semi-processed

On the basis of applications, the market covers:
Power Generation
AC Motor
Household Appliances
Others

Major Region

s or countries covered in this report:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others

Years considered for this report:


Historical Years:

2017-2021

Base Year:

2021

Estimated Year:

2022

Forecast Period:

2022-2029

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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