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Electrical Steels Market Trends Global Industry Analysis, Top Manufacturers, Share, Growth, Statistics, Opportunities & Forecast to 2023

Market Study Report Add New 2018-2023 Global Electrical Steels Market Report (Status and Outlook) to its research database presenting an informative study covering the market with detailed analysis. The Global Electrical Steels market research report is a professional and in-depth study on the current state of global Industry.

This report presents a comprehensive overview, market shares, and growth opportunities of Electrical Steels Market by product type, application, key manufacturers and key regions. Over the next five years, Electrical Steels will register a 2.5% CAGR in terms of revenue, reach US$ 27600 million by 2023, from US$ 23900 million in 2017.

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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. Also called silicon steel, lamination steel, relay steel or transformer steel, this type of steel is very often used to build the cores of transformers as well as the stators of generators and motors. An electrical steel sheet is a functional material used as an iron core material for electrical equipment. There are two types of electrical steel sheet: grain-oriented electrical steel sheet and non-oriented electrical steel sheet, and they are used for different applications. In this report we researched the two types of steel sheet respectively.

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.

Market competition is JFE Steel, NLMK Group, Posco, NSSMC, ThyssenKrupp, AK Steel, Nucor, Voestalpine, TATA Steel, ArcelorMittal, CSC, WISCO, Baosteel, Ansteel, Shougang, Benxi Steel, TISCO, Masteel, Stalprodukt S.A., ATI, are the leaders of the industry, and they hold key technologies and patents, with high-end customers.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

Baowu, ArcelorMittal, JFE Steel, Shougang, TISCO, NSSMC, NLMK Group, AK Steel, ThyssenKrupp, Ansteel, Masteel, Posco, Cogent (Tata Steel), Voestalpine, Benxi Steel, APERAM, Nucor, ATI, Stalprodukt S.A., CSC.

Segmentation by product type:

Oriented Electrical Steels

Non-oriented Electrical Steels

Segmentation by application:

Transformer

Power Generator

Electric Motor

Other

Research objectives:

To study and analyze the global Electrical Steels consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

To understand the structure of Electrical Steels market by identifying its various subsegments.

Focuses on the key global Electrical Steels manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Electrical Steels with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Electrical Steels submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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Related Report:

2018-2023 Global Structural Steel Consumption Market Report

This report presents a comprehensive overview, market shares, and growth opportunities of Structural Steel market by product type, application, key manufacturers and key regions.

https://www.marketstudyreport.com/reports/2018-2023-global-structural-steel-consumption-market-report/?utm_source=RR-PSR

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