Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Silicon Electrical Steel Market by Type (Oriented Type, Non-oriented Type), By Application (Transformer, Power Generator, Electric Motor, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Silicon Electrical Steel Market by Type (Oriented Type, Non-oriented Type), By Application (Transformer, Power Generator, Electric Motor, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 145178 3300 Chemical & Material 377 231 Pages 4.8 (44)
                                          

The global silicon electrical steel market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market is driven by the increasing demand for silicon electrical steel in various applications such as transformers, power generators, and electric motors. The increasing demand for these products in developing countries such as China and India is also driving the growth of this market.

  1. The demand for Silicon Electrical Steel is expected to grow at a CAGR of 3.2% from 2017 to 2025.
  2. The growth of the Silicon Electrical Steel market is driven by the increasing demand for silicon steel in various industries such as automotive, construction, and aerospace.
  3. Increasing investments in research and development activities by major players in the Silicon Electrical Steel market are also driving the growth of this market.
  4. The high cost associated with silicon steel production is a major restraint on the growth of this market.
  5. Increasing environmental concerns related to carbon emissions are also restraining the growth of this market.

Industry Growth Insights published a new data on “Silicon Electrical Steel Market”. The research report is titled “Silicon Electrical Steel Market research by Types (Oriented Type, Non-oriented Type), By Applications (Transformer, Power Generator, Electric Motor, Other), By Players/Companies AK Steel, Steel Dynamics, JFE Steel, Waelzholz, Thyssen Krupp, Tata Steel, Nippon Steel Corporation, Aperam, POSCO, Ansteel, APERAM, ArcelorMittal, ATI, Baowu, Benxi Steel, CSC, Masteel, NLMK, Nucor, Shougang Group, Stalprodukt S.A., TISCO, Voestalpine”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Silicon Electrical Steel Market Research Report

By Type

Oriented Type, Non-oriented Type

By Application

Transformer, Power Generator, Electric Motor, Other

By Companies

AK Steel, Steel Dynamics, JFE Steel, Waelzholz, Thyssen Krupp, Tata Steel, Nippon Steel Corporation, Aperam, POSCO, Ansteel, APERAM, ArcelorMittal, ATI, Baowu, Benxi Steel, CSC, Masteel, NLMK, Nucor, Shougang Group, Stalprodukt S.A., TISCO, Voestalpine

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

231

Number of Tables & Figures

162

Customization Available

Yes, the report can be customized as per your need.


Global Silicon Electrical Steel Industry Outlook


Global Silicon Electrical Steel Market Report Segments:

The global Silicon Electrical Steel market is segmented on the basis of:

Types

Oriented Type, Non-oriented Type

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Transformer, Power Generator, Electric Motor, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. AK Steel
  2. Steel Dynamics
  3. JFE Steel
  4. Waelzholz
  5. Thyssen Krupp
  6. Tata Steel
  7. Nippon Steel Corporation
  8. Aperam
  9. POSCO
  10. Ansteel
  11. APERAM
  12. ArcelorMittal
  13. ATI
  14. Baowu
  15. Benxi Steel
  16. CSC
  17. Masteel
  18. NLMK
  19. Nucor
  20. Shougang Group
  21. Stalprodukt S.A.
  22. TISCO
  23. Voestalpine

Global Silicon Electrical Steel Market Overview


Highlights of The Silicon Electrical Steel Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Oriented Type
    2. Non-oriented Type
  1. By Application:

    1. Transformer
    2. Power Generator
    3. Electric Motor
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Silicon Electrical Steel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Silicon Electrical Steel Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Silicon Electrical Steel is a type of steel that contains silicon and other elements in its structure. This makes the steel stronger and more resistant to corrosion.

Some of the major companies in the silicon electrical steel market are AK Steel, Steel Dynamics, JFE Steel, Waelzholz, Thyssen Krupp, Tata Steel, Nippon Steel Corporation, Aperam, POSCO, Ansteel, APERAM, ArcelorMittal, ATI, Baowu, Benxi Steel, CSC, Masteel, NLMK, Nucor, Shougang Group, Stalprodukt S.A., TISCO, Voestalpine.

The silicon electrical steel market is expected to register a CAGR of 3.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Silicon Electrical Steel Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Silicon Electrical Steel Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Silicon Electrical Steel Market - Supply Chain
   4.5. Global Silicon Electrical Steel Market Forecast
      4.5.1. Silicon Electrical Steel Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Silicon Electrical Steel Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Silicon Electrical Steel Market Absolute $ Opportunity

5. Global Silicon Electrical Steel Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Silicon Electrical Steel Market Size and Volume Forecast by Type
      5.3.1. Oriented Type
      5.3.2. Non-oriented Type
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Silicon Electrical Steel Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Silicon Electrical Steel Market Size and Volume Forecast by Application
      6.3.1. Transformer
      6.3.2. Power Generator
      6.3.3. Electric Motor
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Silicon Electrical Steel Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Silicon Electrical Steel Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Silicon Electrical Steel Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Silicon Electrical Steel Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Silicon Electrical Steel Demand Share Forecast, 2019-2026

9. North America Silicon Electrical Steel Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Silicon Electrical Steel Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Silicon Electrical Steel Market Size and Volume Forecast by Application
      9.4.1. Transformer
      9.4.2. Power Generator
      9.4.3. Electric Motor
      9.4.4. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Silicon Electrical Steel Market Size and Volume Forecast by Type
      9.7.1. Oriented Type
      9.7.2. Non-oriented Type
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Silicon Electrical Steel Demand Share Forecast, 2019-2026

10. Latin America Silicon Electrical Steel Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Silicon Electrical Steel Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Silicon Electrical Steel Market Size and Volume Forecast by Application
      10.4.1. Transformer
      10.4.2. Power Generator
      10.4.3. Electric Motor
      10.4.4. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Silicon Electrical Steel Market Size and Volume Forecast by Type
      10.7.1. Oriented Type
      10.7.2. Non-oriented Type
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Silicon Electrical Steel Demand Share Forecast, 2019-2026

11. Europe Silicon Electrical Steel Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Silicon Electrical Steel Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Silicon Electrical Steel Market Size and Volume Forecast by Application
      11.4.1. Transformer
      11.4.2. Power Generator
      11.4.3. Electric Motor
      11.4.4. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Silicon Electrical Steel Market Size and Volume Forecast by Type
      11.7.1. Oriented Type
      11.7.2. Non-oriented Type
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Silicon Electrical Steel Demand Share, 2019-2026

12. Asia Pacific Silicon Electrical Steel Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Silicon Electrical Steel Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Silicon Electrical Steel Market Size and Volume Forecast by Application
      12.4.1. Transformer
      12.4.2. Power Generator
      12.4.3. Electric Motor
      12.4.4. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Silicon Electrical Steel Market Size and Volume Forecast by Type
      12.7.1. Oriented Type
      12.7.2. Non-oriented Type
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Silicon Electrical Steel Demand Share, 2019-2026

13. Middle East & Africa Silicon Electrical Steel Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Silicon Electrical Steel Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Silicon Electrical Steel Market Size and Volume Forecast by Application
      13.4.1. Transformer
      13.4.2. Power Generator
      13.4.3. Electric Motor
      13.4.4. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Silicon Electrical Steel Market Size and Volume Forecast by Type
      13.7.1. Oriented Type
      13.7.2. Non-oriented Type
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Silicon Electrical Steel Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Silicon Electrical Steel Market: Market Share Analysis
   14.2. Silicon Electrical Steel Distributors and Customers
   14.3. Silicon Electrical Steel Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. AK Steel
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Steel Dynamics
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. JFE Steel
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Waelzholz
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Thyssen Krupp
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Tata Steel
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Nippon Steel Corporation
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Aperam
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. POSCO
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Ansteel
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. APERAM
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. ArcelorMittal
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. ATI
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Baowu
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Benxi Steel
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. CSC
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Masteel
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. NLMK
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. Nucor
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. Shougang Group
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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