Market Analysis and Insights: Global Grain-Oriented Electrical Steel Market
Due to the COVID-19 pandemic, the global Grain-Oriented Electrical Steel market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, High Magnetic Strength accounting for % of the Grain-Oriented Electrical Steel global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Transformer segment is altered to an % CAGR throughout this forecast period.
China Grain-Oriented Electrical Steel market size is valued at US$ million in 2021, while the US and Europe Grain-Oriented Electrical Steel are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Grain-Oriented Electrical Steel landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Grain-Oriented Electrical Steel include Baowu Group, Nippon Steel, AK Steel (Cleveland-Cliffs), NLMK, Shougang, ThyssenKrupp, JFE Steel, Posco and Stalprodukt S.A. and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Grain-Oriented Electrical Steel capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Grain-Oriented Electrical Steel by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Grain-Oriented Electrical Steel Scope and Segment
Grain-Oriented Electrical Steel market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Grain-Oriented Electrical Steel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
High Magnetic Strength
Conventional
Segment by Application
Transformer
Power Generator
Motor
Other
By Company
Baowu Group
Nippon Steel
AK Steel (Cleveland-Cliffs)
NLMK
Shougang
ThyssenKrupp
JFE Steel
Posco
Stalprodukt S.A.
Ansteel
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E