Grain

Grain Oriented Electrical Steel Market report provides complete evaluation for those who are looking for Business expand in various regions, manufacturers, New entrants in the industry, Professional organisation/solutions providers, Government bodies, financial speculators and private value firms.

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About Grain Oriented Electrical Steel:

Electrical steel is an alloy that contains iron and silicon. It can be manufactured by modifying the magnetic properties of steel for efficient magnetism and electricity conversion. Also called silicon steel, lamination steel, relay steel or transformer steel, this type of steel is very often used to build the cores of transformers as well as the stators of generators and motors. An electrical steel sheet is a functional material used as an iron core material for electrical equipment. There are two types of electrical steel: grain oriented electrical steel and non-grain oriented electrical steel, and they are used for different applications. In this report we researched grain oriented electrical steel.Grain oriented electrical steels are iron-silicon magnetic alloys. These alloys are used to construct the cores of highly-efficient electric transformers due to their unique magnetic properties. Available in grades M-2, M-3, M-4, M-5 and M-6, with superior magnetic properties in the rolling direction, oriented steels are used in transformer cores. They are used in large generators and other apparatus when the design permits the directional magnetic characteristics to be used efficiently.Grain oriented electrical steel usually has a silicon level of 3%. It is processed in such a way that the optimal properties are developed in the rolling direction, due to a tight control (proposed by Norman P. Goss) of the crystal orientation relative to the sheet. Grain oriented electrical steels are usually applied in transformers, rectifiers and so on.

Top manufacturers covered in Grain Oriented Electrical Steel Market reports are:

Baowu Group,NSSMC,AK Steel,ThyssenKrupp,NLMK Group,JFE Steel,Posco,ArcelorMittal,Ansteel,Shougang,Stalprodukt S.A.,Cogent (Tata Steel),ATI,

The Grain Oriented Electrical Steel Market report offers detailed competitive landscape of the Global market. The report provides detailed segmentation of the Grain Oriented Electrical Steel market based on product segment, technology segment, end user segment and region.

Grain Oriented Electrical Steel Market Types:

  • Conventional
  • High Magnetic Strength
  • Domain Refinement

    Grain Oriented Electrical Steel Market Applications:

  • Transformer
  • Power Generator
  • Electric Motor
  • Other

    This report focuses on the Grain Oriented Electrical Steel in Global market, especially in North America, China, Europe, Southeast Asia, Japan, India. This report categorizes the market based on manufacturers, regions, type and application.

    Scope of the Report:

  • In the past five years from 2012-2016, because of European debt crisis and complex international economic situation, grain oriented electrical steel industry only developed at a low growth rate. But in Asia, especially in China and India, grain oriented electrical steel industry developed at a higher growth rate. In the next five years (2017-2025), grain oriented electrical steel industry will keep growing with the CAGR of 1.78% growth rate.
  • Supply and demand conditions of grain oriented electrical steel show polarization. In low-end products field, overcapacity has become more and more serious, but in the high-performance field, oriented electrical steel with high grade and magnetic induction, the market is in short supply. To seize a larger global market share, in the future, manufacturing companies will invest much more on R&D and the products will be closer to high-end field.
  • For regions, Asia, especially China, is the largest production and consumption region, followed by Europe and US. Japan and Korea also play important rule in the market, large quantity of Grain Oriented Electrical Steel is exported to the world every year. This situation will not change in the short term.
  • The market of Grain Oriented Electrical Steel is quite concentrated. NSSMC, Posco, JFE Steel, NLMK Group, ThyssenKrupp, AK Steel, Cogent (Tata Steel), ArcelorMittal, Stalprodukt S.A., ATI, Baowu Group, Shougang are the key suppliers in the grain oriented electrical steel market. They took up about 95% of the production market in 2017. Newly created China Baowu Steel Group Corp by Wisco and Baosteel become the largest player in the world. The competition is very intense, for example, due to the challenging business; ATI suspended its Grain Oriented Electrical Steel business in 2016. The intense competition will continue in the future.
  • The worldwide market for Grain Oriented Electrical Steel is expected to grow at a CAGR of roughly 1.6% over the next five years, will reach 7270 million US$ in 2024, from 6590 million US$ in 2019, according to a new GIR (Global Info Research) study.
  • This report focuses on the Grain Oriented Electrical Steel in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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    Key questions answered in the report include:

    • What are the key role in Grain Oriented Electrical Steel market report?
    • What was the market size in 2012 to 2019?
    • How will market change over the forecast period and what will be the market size in 2024?
    • Who are the key market players and what are their strategies in the Grain Oriented Electrical Steel market?
    • What are the key market trends impacting the growth of the Global Grain Oriented Electrical Steel Industry?
    • What are the market opportunities and challenges faced by the vendors in the Global Grain Oriented Electrical Steel market?
    • What trends, drivers and barriers are influencing its growth?
    • What are the key outcomes of the five forces analysis of the Global Grain Oriented Electrical Steel market?

    At last, the report gives the inside and out examination of Grain Oriented Electrical Steel Market took after by above components, which are useful for organizations or individual for development of their present business or the individuals who are hoping to enter in Grain Oriented Electrical Steel industry.

    No.of Pages: 115

    Contact Us:

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  • Charles Bevers
    News Reporter