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

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

July 06
18:05 2021
What will be the size of Electrical Steel market in 2026?

Electrical Steel market
The statistical facts provided by International Energy Agency, 650 million individuals live without electricity in Indian rural areas and two-thirds of Sub-Saharan 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. This scenario of electrification in such areas reflects the growth potential in the electric steel market.

Electrical Steel Market Overview:
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. Electrical steel is majorly used in the manufacture of cores for power transformers, generators, and inductors, among others, owing to its high permeability, which fortifies low core loss in electrical components. The conclusions provided during this report are of great value for the leading industry players.

Grab a Free Sample PDF copy of the Electrical Steel Market Report 2021 @ 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

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

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

  • History Year: 2015-2021
  • Base Year: 2021
  • 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 2017-2029. 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.

Full Report Link @ https://straitsresearch.com/report/Electrical Steel-Market

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 – 2029($ Million)
TABLE 2           Global Electrical Steel Market Share, By Resin Type, 2016 – 2029(Units)
TABLE 3           Thermoset Electrical Steel Market Share, By Region, 2016 – 2029($ Million)
TABLE 4           Thermoset Electrical Steel Market Share, By Region, 2016 – 2029(Units)
TABLE 5           Proteins Electrical Steel Market Share, By Region, 2016 – 2029, ($ Million)
TABLE 6           Proteins Non-liquid Coatings Market Share, By Region, 2016 – 2029, (Units)
TABLE 7           Global Electrical Steel Market Share, By Coating Method, 2016 – 2029($ Million)
TABLE 8           Global Electrical Steel Market Share, By Coating Method, 2016 – 2029(Units)
TABLE 9           Global Electrical Steel Market through Substrate, By Region, 2016 – 2029($ Million)
TABLE 10         Global Electrical Steel Market through Substrate, By Region, 2016 – 2029(Units)
Continue…….

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

Media Contact
Company Name: Straitsresearch
Contact Person: Veerwati
Email: Send Email
Phone: +16464807505
Address:825 3rd Avenue New York, NY, USA, 10022
City: New York
State: New York
Country: United States
Website: https://straitsresearch.com/


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