Abstract, Snapshot, Market Analysis & Market Definition: Non-Grain Oriented Electrical Steel Market
Electrical steels are distinguished by their excellent electro-magnetic properties. There are two major types of fully processed electrical steels: grain-oriented (GO) and non-oriented (NO). 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. The classification of non-grain oriented electrical steel includes semi-processed, fully processed, and the proportion of semi-processed, In 2018 is about 79%, and the proportion is in decreasing trend from 2013 to 2018. Non-grain oriented electrical steel is widely used in power generation, ac motor, household appliances and other field. The most proportion of non-grain oriented electrical steel is Power Generation, and the proportion In 2018 is about 32%. China is the largest consumption place, with a consumption market share nearly 39% In 2018. Following China, Europe is the second largest consumption place with the consumption market share of 23.4%.
In 2019, the market size of Non-Grain Oriented Electrical Steel is 17870 million US$ and it will reach 25530 million US$ in 2025, growing at a CAGR of 5.2% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Non-Grain Oriented Electrical Steel. This report studies the global market size of Non-Grain Oriented Electrical Steel, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Non-Grain Oriented Electrical Steel production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Non-Grain Oriented Electrical Steel Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Fully Processed
Semi-processed
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Power Generation
AC Motor
Household Appliances
Others
Key Players, Recent Developments & Sector Viewpoints: Non-Grain Oriented Electrical Steel Market
Baowu
ArcelorMittal
TISCO
JFE Steel
Shougang Group
NSSMC
NLMK
Ansteel
AK Steel
Thyssen Krupp
Voestalpine
Masteel
Posco
TATA Steel
BX Steel
Nucor
CSC
Key Insights Covered: Exhaustive Non-Grain Oriented Electrical Steel Market
1. Market size (sales, revenue and growth rate) of Non-Grain Oriented Electrical Steel industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Non-Grain Oriented Electrical Steel industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Non-Grain Oriented Electrical Steel industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Non-Grain Oriented Electrical Steel industry.
Research Methodology: Non-Grain Oriented Electrical Steel Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.