Electrical Steel Market to Grow CAGR of 7.0% by 2021


Posted May 9, 2019 by armaan007

Electrical Steel Market size is estimated to grow from USD 27.84 Billion in 2016 to USD 38.98 Billion by 2021

 
The report [196 pages] "Electrical Steel Market by Type (Grain-oriented and Non Grain-oriented), Application (Transformers, Motors, Inductors), End-Use Industry (Energy, Automobile, Manufacturing, Household Appliances), and Region - Global Forecast to 2021", published by MarketsandMarkets™, the market size is estimated to grow from USD 27.84 Billion in 2016 to USD 38.98 Billion by 2021, at a compound annual growth rate (CAGR) of 7.0% from 2016 to 2021.

Request for free sample report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=96179524

Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Electrical Steel Market, By Type

7 Electrical Steel Market, By Application

8 Electrical Steel Market, By End-Use Industry

9 Electrical Steel Market, By Region

10 Competitive Landscape

11 Company Profile

12 Appendix

The Asia-Pacific is the most widely populated region in the world, and subsequently witnesses a high demand for the consumption of electricity. The transmission & distribution infrastructure in the region is in the initial stage of grid restructuring. China contributes a major market share in the Asia-pacific electrical steel market. Growing industrial activity has resulted in high demand for electrical steel supported by the country's aggressive policies to fund and drive the domestic demand, thus boosting their growth. The market for electrical steel in this region is growing at a rapid pace, which is primarily due to the growing manufacturing sector

The major players in the Electrical Steel Market includes ArcelorMittal (Luxembourg), POSCO (South Korea), Voestalpine Group (Austria), Baosteel (China), Nippon Steel & Sumitomo Metal Corporation (Japan), United States Steel Corporation (U.S.), Steel Authority of India Limited. (India), Tata Steel (India), JFE Steel Corporation (India), and Essar Steel (India).

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Read our blog for more details: https://chemabd007.blogspot.com/2019/03/electrical-steel-market-leaders-key.html

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

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Issued By Markets And Markets
Country India
Categories Automotive , Electronics , Energy
Tags electrical steel , electrical steel applications , electrical steel companies , electrical steel industry , electrical steel manufacturers , electrical steel market
Last Updated May 9, 2019