Report overview
Electrical Steel, also known as silicon steel, is a ferrosilicon soft magnetic alloy steel with very low carbon content, usually containing 0.5% to 4.5% silicon. The addition of silicon can increase the resistivity and maximum permeability of iron, and reduce the coercivity, iron loss and magnetic aging.Electrical steel usually referred to as cold-rolled electrical steel, can be divided into two major categories including grain-oriented electrical steel and non-oriented electrical steel. Grain-oriented electrical steel, with its easy magnetization direction parallel to the rolling direction, has excellent magnetic properties in this direction including low core loss, high permeability, and low magnetostriction, and is widely used in the transformer industry. Further, it can obtain lower core loss by domain refinement treatment. Meanwhile, non-oriented electrical steel, featured by a random distribution of grain orientation and magnetic isotropy, is widely applicable to the motor industry.
This report contains market size and forecasts of Electrical Steel Coil in global, including the following market information:
Global Electrical Steel Coil Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global Electrical Steel Coil Market Sales, 2018-2023, 2023-2030, (Tons)
Global top five Electrical Steel Coil companies in 2022 (%)
The global Electrical Steel Coil market was valued at US$ million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Grain Orientation Electrical Steel Coil Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Electrical Steel Coil include Anshan Steel, WISCO, Baosteel, Rohan Group, LLC, Cetin Metal, Jsw Mi, Shanghai ZHANZHI GROUP CO., Ltd, Shanghai Beschan International Company and FUJIAN WANJUAN TECHNOLOGY CO.,LTD, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electrical Steel Coil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electrical Steel Coil Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Electrical Steel Coil Market Segment Percentages, by Type, 2022 (%)
Grain Orientation Electrical Steel Coil
Non-orientation Electrical Steel Coil
Others
Global Electrical Steel Coil Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Electrical Steel Coil Market Segment Percentages, by Application, 2022 (%)
Electricity
Electronics
Military Industry
Others
Global Electrical Steel Coil Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Electrical Steel Coil Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electrical Steel Coil revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electrical Steel Coil revenues share in global market, 2022 (%)
Key companies Electrical Steel Coil sales in global market, 2018-2023 (Estimated), (Tons)
Key companies Electrical Steel Coil sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Anshan Steel
WISCO
Baosteel
Rohan Group, LLC
Cetin Metal
Jsw Mi
Shanghai ZHANZHI GROUP CO., Ltd
Shanghai Beschan International Company
FUJIAN WANJUAN TECHNOLOGY CO.,LTD
Tianjin Parval Metal Products Co., Ltd.
Tema Metal Industrial Corporation
Suzhou GWB STEEL CO.,LTD
Shanghai AIYIA Industrial Co., Ltd.
ACME INSULATION CO., LTD.
Shandong Haorui Metal Material Co.Ltd
