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What will be the size of Electrical Steel market in 2026?

07-01-2021 06:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: StraitsResearch

Electrical Steel market

Electrical Steel market

REPORT DESCRIPTION:

The global Electrical Steel Market was valued at USD 20.45 billion in 2018 and is expected to reach a value of USD 34.63 billion at a CAGR of 5.8% during the forecast period, 2019–2026.

The Global Electrical Steel Market, also known as laminate or silicon steel, is an iron alloy molded to produce specific magnetic properties. According to the statistical facts provided by International Energy Agency, 650 million individuals live without electricity in Indian rural areas and two-thirds of Sub-Sharan Africa's population does not have access to power and the remaining population is unable to consume electricity due to structural problems in the electrical system. 

Grab a Free Sample PDF copy of the Electrical Steel Market Report 2019 @ https://straitsresearch.com/report/electrical-steel-market/request-sample

The Major Players Covered in this Report:
Nippon Steel & Sumitomo Metal Corporation (Japan), POSCO (South Korea), Baosteel (China), China Baowu Steel Group Corporation Limited, Ansteel Group Corporation Limited, United States Steel Corporation (U.S.), ArcelorMittal (Luxembourg), Tata Steel Limited (India), SAIL (Steel Authority of India Limited)(India), Voestalpine Group (Austria), Baosteel Group (Baowu Steel Group Corporation Limited), Jindal Steel and Power Limited (India), JFE Steel Corporation (India) and Essar Steel (India)., & more...

By Type, Grain Oriented, Non-Grain Oriented, Others
By Application, Inductors, Transformers, Motors, Rotors, Stators, Others
By End-Use Industry, Household Appliances, Manufacturing, Energy, Automotive, Others

Every organization partaking within the global production of this market products is mentioned during this report to review the insights on cost-effective manufacturing methods, competitive landscape, and new avenues for applications. These essential insights assist the decision-makers in formulating better business plans and make informed decisions for improved profitability. Moreover, the analysis helps venture capitalists in understanding the businesses with a far better perspective and make aware decisions.

Years that have been considered for the study of this report are as follows:

History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2019 to 2026

The report is a valued asset for the active players, new participants, and future investors, and provides a comprehensive assessment across regions such as:

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Electrical Steel in the Region:
Asia-Pacific region is anticipated to hold the largest market share in the global Electrical Steel market during the forecast period 2017-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, North America, Europe, Asia Pacific, and Latin America, and the Middle East & Africa (LAMEA). which account for the largest share in this region. India is one of the largest producers of Electrical Steel and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Electrical Steel. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

Buy Full Report with Detail Analysis with COVID-19 Impact – https://straitsresearch.com/buy-now/electrical-steel-market/global/

Intended Audience:
Electrical Steel Manufacturers
Raw Material Suppliers
Associations, Organizations, Forums, and Alliances Related to Electrical Steel
Electrical Steel Reselling Companies
Assembling Companies
Potential Investors
Research and Development Institutes
Traders, Distributors, and Suppliers of Electrical Steel

TABLES AND FIGURES:
List Of Tables:
TABLE 1           Global Electrical Steel Market Share, By Resin Type, 2016 – 2026($ Million)
TABLE 2           Global Electrical Steel Market Share, By Resin Type, 2016 – 2026(Units)
TABLE 3           Thermoset Electrical Steel Market Share, By Region, 2016 – 2026($ Million)
TABLE 4           Thermoset Electrical Steel Market Share, By Region, 2016 – 2026(Units)
TABLE 5           Proteins Electrical Steel Market Share, By Region, 2016 – 2026, ($ Million)
Continue.......

You can also access an individual chapter-wise section or region-wise report versions like North America, Europe, Asia Pacific, and Latin America.

For more details, please contact us -
Straits Research
Email: sales@straitsresearch.com
Address: 825 3rd Avenue, New York, NY 10022
Tel: +1 646 480 7505, +44 208 068 9665
Website: https://straitsresearch.com/

About Us:
Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision.

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