Global Non Grain-oriented Electrical Steel Market Research Report 2024

Global Non Grain-oriented Electrical Steel Market Research Report 2024

The global Non Grain-oriented Electrical Steel market was valued at US$ 15,541.8 million in 2023 and is anticipated to reach US$ 17,405.1 million by 2030, witnessing a CAGR of 1.75% during the forecast period 2024-2030.

North America market for Non Grain-oriented Electrical Steel is estimated to increase from $ 839.1 million in 2023 to reach $ 742.6 million by 2030, at a CAGR of -0.61% during the forecast period of 2024 through 2030.

Asia-Pacific market for Non Grain-oriented Electrical Steel is estimated to increase from $ 11,797.2 million in 2023 to reach $ 14,021.5 million by 2030, at a CAGR of 2.31% during the forecast period of 2024 through 2030.

Europe market for Non Grain-oriented Electrical Steel is estimated to increase from $ 2,435.6 million in 2023 to reach $ 2,181.2 million by 2030, at a CAGR of -0.52% during the forecast period of 2024 through 2030.

The major global manufacturers of Non Grain-oriented Electrical Steel include Baowu, Nippon Steel, Shougang, Ansteel, TISCO, JFE Steel, Xin Steel, ThyssenKrupp, CSC and Voestalpine, etc. In 2023, the world's top three vendors accounted for approximately 51.71% of the revenue.

This report aims to provide a comprehensive presentation of the global market for Non Grain-oriented Electrical Steel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Non Grain-oriented Electrical Steel.

The Non Grain-oriented Electrical Steel market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Non Grain-oriented Electrical Steel market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Non Grain-oriented Electrical Steel manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

By Company

Baowu

Nippon Steel

Shougang Group

Ansteel

TISCO

JFE Steel

Xin Steel

ThyssenKrupp

CSC

Voestalpine

Posco

AK Steel (Cleveland-Cliffs)

NLMK

ArcelorMittal

Segment by Type

Medium and Low grade

High Grade

Segment by Application

Motor

Home Appliance

Power Generator

Automotive

Others

Consumption by Region

North America

U.S.

Canada

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

South America

Mexico

Brazil

Rest of South America

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Non Grain-oriented Electrical Steel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Sales, revenue of Non Grain-oriented Electrical Steel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 9: The main points and conclusions of the report.