Global Cold Rolled Non-Oriented Electrical Steel Market Growth 2025-2031

The global Cold Rolled Non-Oriented Electrical Steel market size is predicted to grow from US$ 16950 million in 2025 to US$ 20620 million in 2031; it is expected to grow at a CAGR of 3.3% from 2025 to 2031.

Non-oriented electrical steel features homogeneous magnetic properties in all directions. They are widely used as iron core materials in rotating machines ranging from large power generators to tiny precision electric motors. They are also used in the iron core of small power transformers.

China is the largest production and consumption country of electrical steel in the world.

LP Information, Inc. (LPI) ' newest research report, the “Cold Rolled Non-Oriented Electrical Steel Industry Forecast” looks at past sales and reviews total world Cold Rolled Non-Oriented Electrical Steel sales in 2024, providing a comprehensive analysis by region and market sector of projected Cold Rolled Non-Oriented Electrical Steel sales for 2025 through 2031. With Cold Rolled Non-Oriented Electrical Steel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cold Rolled Non-Oriented Electrical Steel industry.

This Insight Report provides a comprehensive analysis of the global Cold Rolled Non-Oriented Electrical Steel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cold Rolled Non-Oriented Electrical Steel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cold Rolled Non-Oriented Electrical Steel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cold Rolled Non-Oriented Electrical Steel and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cold Rolled Non-Oriented Electrical Steel.

This report presents a comprehensive overview, market shares, and growth opportunities of Cold Rolled Non-Oriented Electrical Steel market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Fully Processed Products

Semi-processed Products

Segmentation by Application:

Electric Motors

Home Appliances

EVs

Transformers

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

NLMK

CSC

Shanghaimetal

POSCO

KODDAERT nv

SAIL

WISCO (Baowu)

JFE Steel

Nippon Steel

ThyssenKrupp

Arcelormittal

Tata Steel

Ansteel

Shougang

Voestalpine

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cold Rolled Non-Oriented Electrical Steel market?

What factors are driving Cold Rolled Non-Oriented Electrical Steel market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cold Rolled Non-Oriented Electrical Steel market opportunities vary by end market size?

How does Cold Rolled Non-Oriented Electrical Steel break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.