Global Non-Grain Oriented Silicon Steel Market Growth 2025-2031

The global Non-Grain Oriented Silicon Steel market size is predicted to grow from US$ 17390 million in 2025 to US$ 20280 million in 2031; it is expected to grow at a CAGR of 2.6% from 2025 to 2031.

As the global electric vehicle market grows, demand for EV materials such as electrical steel is growing in lockstep. Motors determine the horsepower of a vehicle, and are central to the efficiency and overall performance of EVs. Thus, high-quality electrical steels are sought after by automakers vying for the biggest share of the growing EV market. Automotive application is the fastest growth sector.

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

This Insight Report provides a comprehensive analysis of the global Non-Grain Oriented Silicon 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 Non-Grain Oriented Silicon Steel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Non-Grain Oriented Silicon Steel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-Grain Oriented Silicon 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 Non-Grain Oriented Silicon Steel.

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

Segmentation by Type:

Sheet & Strip

Structure

Pipe & Tube

Wire & Hardware

Segmentation by Application:

Electric Motor

Home Appliances

Power Generator

Automotive

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.

Baowu

Shougang Group

TISCO

Nippon Steel

Ansteel

Posco

JFE Steel

Thyssen Krupp

Voestalpine

ArcelorMittal

NLMK

CSC

AK Steel

BX Steel

Key Questions Addressed in this Report

What is the 10-year outlook for the global Non-Grain Oriented Silicon Steel market?

What factors are driving Non-Grain Oriented Silicon Steel market growth, globally and by region?

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

How do Non-Grain Oriented Silicon Steel market opportunities vary by end market size?

How does Non-Grain Oriented Silicon Steel break out by Type, by Application?

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