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Global Electrical Steels market was 23900 million US$ in 2018 and will reach 28400 million US$ by the end of 2025 and is Expected to Grow at a CAGR of 2.2% Between 2019-2025 By Valuates Reports

05-30-2019 07:14 AM CET | Science & Education

Press release from: Valuates Reports

Global Electrical Steels market was 23900 million US$ in 2018

Electrical Steels market was valued at 23900 Million US$ in 2018 and is projected to reach 28400 Million US$ by 2025, at a CAGR of 2.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Electrical Steels.

Electrical steel is an alloy that contains iron and silicon. It can be manufactured by modifying the magnetic properties of steel for efficient magnetism and electricity conversion.

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Key Trends :

The classification of electrical steel includes Non-oriented Electrical Steels, Oriented Electrical Steels, and the proportion of Non-oriented Electrical Steels, in 2016 is about 81%, and the proportion is in decreasing trend from 2012 to 2017.

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The study objectives are:

To analyze and research the global Electrical Steels status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Electrical Steels manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

Electrical Steels Breakdown Data by Type

Oriented Electrical Steels
Non-oriented Electrical Steels

Electrical Steels Breakdown Data by Application

Transformer
Power Generator
Electric Motor
Other

FEATURED COMPANIES

BAOWU
ArcelorMittal
JFE Steel
Shougang
TISCO
NSSMC
NLMK Group
AK Steel
Thyssenkrupp AG
ANSTEEL
Masteel
POSCO

Market size by Region

North America
Middle East
Asia Pacific
Central & South America
Other Regions


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