Global Grain Oriented Electrical Steel Market Research Report 2022

Global Grain Oriented Electrical Steel Market Research Report 2022

The global Grain Oriented Electrical Steel market size is estimated to be worth US$ 6,414.47 million in 2021 and is forecast to a readjusted size of US$ 7,965.30 million by 2028 with a CAGR of 3.13% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, High Magnetic Strength accounting for 60.98% of the Grain Oriented Electrical Steel global market in 2021, is projected to value US$ 5,233.23 million by 2028, growing at a revised 4.18% CAGR from 2022 to 2028. While Transformer segment is altered to a 3.22% CAGR throughout this forecast period.

Asia-Pacific Grain Oriented Electrical Steel market size was US$ 4,135.93 million in 2021, while Europe was US$ 1,121.84 million. The proportion of the Asia-Pacific was 64.48% in 2021, while Europe’s percentage was 17.49%, and it is predicted that Asia-Pacific market share will reach 67.78% in 2028, trailing a CAGR of 3.76% through the analysis period. As for the Asia-Pacific, the notable markets are China and India, CAGR is 3.90% and 5.28% respectively for the next 6-year period.

The global major manufacturers of Grain Oriented Electrical Steel include Baowu Group, Nippon Steel, NLMK, AK Steel (Cleveland-Cliffs), Shougang, Posco, JFE Steel, ThyssenKrupp, and Stalprodukt S.A., etc. In terms of revenue, the global five largest players hold a 62.94% market share of Grain Oriented Electrical Steel in 2021.

This report focuses on Grain Oriented Electrical Steel volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Grain Oriented Electrical Steel market size by analysing historical data and future prospect.

Global Grain Oriented Electrical Steel Market: Segment Analysis

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Global Grain Oriented Electrical Steel Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

By Company

Baowu Group
Nippon Steel
NLMK
AK Steel (Cleveland-Cliffs)
Shougang
Posco
JFE Steel
ThyssenKrupp
Stalprodukt S.A.
Baotou Weifeng
Aperam
Chongqing Wangbian
Zhejiang Huaying
Wuxi Huajing

Segment by Type

High Magnetic Strength
Conventional
Domain Refinement

Segment by Application

Transformer
Motor
Other

Consumption by Region

North America
U.S.
Canada

Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia

Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe

South America
Mexico
Brazil
Rest of South America