Report overview
Electrical steel (lamination steel, silicon electrical steel, silicon steel, relay steel, transformer steel) is a special steel tailored to produce specific magnetic properties: small hysteresis area resulting in low power loss per cycle, low core loss, and high permeability.
This report contains market size and forecasts of Electric Magnetic Steel in global, including the following market information:
Global Electric Magnetic Steel Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electric Magnetic Steel Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Electric Magnetic Steel companies in 2021 (%)
The global Electric Magnetic Steel market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Directional Electromagnetic Steel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electric Magnetic Steel include Arcelormittal, Arnold Magnetic Technologies, Baosteel Group, Orchid International, Posco, Sko-Die, Thyssenkrupp, Union States Steel and United States Steel and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Electric Magnetic Steel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Magnetic Steel Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Electric Magnetic Steel Market Segment Percentages, by Type, 2021 (%)
Directional Electromagnetic Steel
Non-Directional Electromagnetic Steel
Global Electric Magnetic Steel Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Electric Magnetic Steel Market Segment Percentages, by Application, 2021 (%)
Energy
Car
Manufacturing
Electrical Appliances Product
Other
Global Electric Magnetic Steel Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Electric Magnetic Steel Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electric Magnetic Steel revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electric Magnetic Steel revenues share in global market, 2021 (%)
Key companies Electric Magnetic Steel sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Electric Magnetic Steel sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Arcelormittal
Arnold Magnetic Technologies
Baosteel Group
Orchid International
Posco
Sko-Die
Thyssenkrupp
Union States Steel
United States Steel
Voestalpine
