Press release
Electrical steel Market 2022: Evaluated at USD 23.4 Billion in 2020 and is Expected to expand at a compounded annual growth rate (CAGR) of 4.9% from 2030
Global Electrical steel Market
As COVID-19 started shutting unnecessary organizations and closing down borders in late March 2020, a few organizations in the electrical steel market made industry studies to offer some demonstrating measurements about the effect of Covid-19 on electrical steel makers, material providers, and hardware producers. Businesses considered fundamental were working with limit levels drawing closer 95%. Car and energy enterprises are a portion of the areas seeing expanding request.
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Major Players in Electrical Steel Sheet market are:
Stalprodukt
NSSMC
Voestalpine
NLMK Group
AK Steel
JFE Steel
Ansteel
WISCO
CSC
ThyssenKrupp
Shougang
Masteel
TATA Steel
ArcelorMittal
Nucor
Benxi Steel
Baosteel
Nippon Steel
Posco
TISCO
Most important types of Electrical Steel Sheet products covered in this report are:
Thin Type
Ultra-Thin Type
Most widely used downstream fields of Electrical Steel Sheet market covered in this report are:
Transformer
Power Generator
Electric Motor
Other
Which regions are expected to dominate the High-Temperature Honeycomb Sandwich Materials Market:
● North America (United States, Canada and Mexico)
● Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
● South America (Brazil, Argentina, Columbia etc.)
● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Recent Developments:
In December 2019, Arcelor Mittal and Nippon Steel completed the joint acquisition of Essar Steel India Limited (ESIL). The acquisition helped the company to increase production levels and operational efficiency. It also helped to strengthen its presence in India by capitalizing on increasing steel consumption in the country.
In May 2019, POSCO signed an MoU with the Korean Venture Capital Association (KVCA) and the Ministry of SMEs and Startups (MSS) for initiating the POSCO Venture Platform. Under the agreement, POSCO invested in R&D projects and startups.
In May 2019, Voestalpine AG opened a high-tech steel research facility in Donawitz, Austria. It extended the company's technological leadership in sophisticated product solutions in steel.
In March 2019, Nippon Steel & Sumitomo Metal Corp acquired a 51% stake in Sanyo Special Steel Co. Ltd.
Some Point of Table of Content
1 Electrical steel market Definition and Overview
2 Research Method and Logic
3 Market Competition Analysis
4 Market Segment by Type, Historical Data and Market Forecasts
5 Market Segment by Application, Historical Data and Market Forecasts
6 Global Electrical steel market by Region, Historical Data and Market Forecasts
7 United State Market Size Analysis 2016-2026
8 Canada Market Size Analysis 2016-2026
9 Germany Market Size Analysis 2016-2026
10 UK Market Size Analysis 2016-2026
11 France Market Size Analysis 2016-2026
12 Italy Market Size Analysis 2016-2026
13 Spain Market Size Analysis 2016-2026
14 Russia Market Size Analysis 2016-2026
15 China Market Size Analysis 2016-2026
16 Japan Market Size Analysis 2016-2026
17 South Korea Market Size Analysis 2016-2026
18 Australia Market Size Analysis 2016-2026
19 Thailand Market Size Analysis 2016-2026
20 Brazil Market Size Analysis 2016-2026
21 Argentina Market Size Analysis 2016-2026
22 Chile Market Size Analysis 2016-2026
23 South Africa Market Size Analysis 2016-2026
24 Egypt Market Size Analysis 2016-2026
25 UAE Market Size Analysis 2016-2026
26 Saudi Arabia Market Size Analysis 2016-2026
27 Market Dynamic Analysis and Development Suggestions
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