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Non-Grain Oriented Electrical Steel Market Report Scope & Overview:

Non-Grain Oriented Electrical Steel Market Revenue Analysis

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The Non-Grain Oriented Electrical Steel Market size was USD 17.91 billion in 2023 and is expected to Reach USD 27.92 billion by 2032 and grow at a CAGR of 5.06% over the forecast period of 2024-2032.

The Non-Grain Oriented Electrical Steel (NGOES) market is witnessing significant growth, driven by the increasing adoption of energy-efficient technologies across industries. This type of electrical steel, known for its superior magnetic properties in all directions, is widely utilized in motors, generators, and transformers. The demand is fueled by the rapid expansion of renewable energy systems, electric vehicles (EVs), and industrial automation, which require advanced electrical components to enhance performance and minimize energy losses.

One of the key trends shaping the market is the surging production and adoption of electric vehicles. NGOES plays a pivotal role in manufacturing efficient EV motors, as it enables better magnetic flux and operational efficiency. According to research, global EV sales have grown by over 40%, boosting demand for NGOES. Similarly, the integration of smart grids and the modernization of power distribution networks are driving increased usage of transformers, which rely heavily on NGOES for optimal performance. Another trend is the growing emphasis on sustainability and decarbonization. Governments and regulatory bodies worldwide are implementing strict energy efficiency standards, pushing manufacturers to adopt high-performance materials like NGOES. According to research energy-efficient transformers and motors could reduce global electricity consumption by 25% in industrial applications.

Additionally, advancements in production processes, such as continuous annealing and laser scribing, are improving the performance characteristics of NGOES, making it more suitable for high-frequency applications. The market is also witnessing investments in research and development to create innovative products with reduced core losses and enhanced durability. As industries increasingly prioritize energy optimization, the Non-Grain Oriented Electrical Steel market is expected to maintain a strong growth trajectory, playing a crucial role in the global energy transition.

Non-Grain Oriented Electrical Steel Market Dynamics

DRIVERS

  • The non-grain-oriented electrical steel market is experiencing robust growth due to the rising demand for energy-efficient electrical appliances.

Governments and industries worldwide are prioritizing energy conservation, which has driven the adoption of motors and transformers designed to minimize energy losses. Non-grain-oriented electrical steel plays a critical role in these applications due to its superior magnetic properties, high permeability, and reduced core losses, making it a preferred material for manufacturing energy-efficient electrical equipment.

Increased adoption of renewable energy technologies further boosts demand, as generators in wind and solar power plants extensively utilize this material. According to research that wind energy capacity alone is expected to grow by nearly 60% by 2030, fueling demand for efficient electrical components. Additionally, the shift toward electric vehicles (EVs) has created new avenues, with EV motors requiring advanced electrical steel for optimal performance. According to research that over 55% of global EV motors use non-grain-oriented electrical steel. Emerging trends such as improved rolling technologies and eco-friendly coatings are enhancing the performance of this material while addressing environmental concerns. As energy efficiency becomes a global priority, the non-grain-oriented electrical steel market is poised for substantial growth in the coming years.

RESTRAINT

  • Volatility in raw material prices, particularly for iron ore and alloying elements like silicon and manganese, poses a significant challenge for the non-grain-oriented electrical steel market.

Raw materials form the core inputs in the production process, and any fluctuation in their prices directly affects manufacturing costs. For instance, the price of iron ore has experienced frequent spikes, with rates increasing by over 40% at times due to supply chain disruptions, geopolitical tensions, or increased global demand. Similarly, the cost of silicon and manganese, crucial for enhancing the magnetic properties of electrical steel, often varies due to limited mining operations and export restrictions from key producing countries like China and Brazil.

These price fluctuations impact manufacturers’ profit margins, especially for small to medium-sized enterprises that may lack the capacity to absorb sudden cost hikes. Additionally, such unpredictability can disrupt the supply chain, forcing manufacturers to seek alternative suppliers or delay production. In the long run, sustained raw material price volatility may also lead to higher end-product costs, ultimately affecting the affordability of energy-efficient motors, transformers, and other electrical equipment. Addressing this issue requires strategic procurement planning and fostering collaboration between raw material suppliers and steel manufacturers to ensure cost stability.

Non-Grain Oriented Electrical Steel Market Segmentation

By Type

The semi-processed segment dominated with the market share over 62% in 2023, due to its extensive use in a wide range of applications, particularly in electrical transformers, motors, and other electrical equipment. Semi-processed NGO steel offers a favorable balance of cost and performance, making it a preferred choice for industries requiring efficient magnetic properties at a relatively lower cost compared to fully processed steel. This steel type is particularly suitable for large-scale applications, such as power transformers and industrial motors, where cost efficiency is crucial, but performance is still important. The demand for semi-processed NGO steel is also driven by its versatility in manufacturing electrical cores that operate in a range of electromagnetic environments.

Non-Grain-Oriented-Electrical-Steel-Market-Segmentation-By-Type

By Application

The Power Generation segment dominated with the market share over 42% in 2023, due to the material's superior magnetic properties and efficiency in reducing power loss. NGO electrical steel is essential in the production of transformers, generators, and other power generation equipment, as it enhances energy efficiency and minimizes losses during the conversion and transmission of electrical power. The steel's high magnetic permeability allows it to handle alternating currents effectively, which is crucial for power generation applications where maintaining energy efficiency is paramount. Its use in transformers helps in reducing the size and weight of the equipment while improving its performance.

Non-Grain Oriented Electrical Steel Market Regional Analysis

Asia-Pacific region dominated with the market share over 34% in 2023, due to the presence of key manufacturing hubs in countries like China, Japan, and South Korea. These nations have a robust industrial base, making them major producers and consumers of electrical steel. China, in particular, is the largest producer, driven by its extensive manufacturing infrastructure and demand across various sectors, including automotive, energy, and construction. The automotive industry's growth, especially with the rise of electric vehicles, and the expansion of renewable energy infrastructure further boost demand for electrical steel in the region. Additionally, advancements in manufacturing technologies and a focus on energy-efficient solutions contribute to the region's leadership in the global market.

North America is the fastest-growing region in the Non-Grain Oriented Electrical Steel Market, primarily fueled by the increasing demand for high-efficiency transformers, electric motors, and electrical equipment. As industries across the region emphasize energy efficiency and sustainability, non-grain oriented electrical steel has become essential for manufacturing advanced electrical components. The growing focus on renewable energy, such as wind and solar power, drives the demand for efficient transformers and power distribution equipment, which rely on this material. Additionally, the surge in electric vehicle production further boosts the need for high-performance electrical motors, where non-grain-oriented steel is a key material due to its superior magnetic properties.

Non-Grain-Oriented-Electrical-Steel-Market-Regional-Share

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Some of the major key players of the Non-Grain Oriented Electrical Steel Market

  • Tata Steel (Non-grain oriented electrical steel, High permeability grades)
  • Nucor Corporation (Electrical steel, Cold-rolled non-oriented steel)
  • Nippon Steel Corporation (Grain-oriented and non-grain-oriented electrical steel)
  • ThyssenKrupp Steel Europe (Electrical steel, Grain-oriented steel)
  • Arcelor Mittal (non-grain oriented electrical steel, High-efficiency electrical steel)
  • NLMK (Cold-rolled electrical steel, non-grain-oriented steel)
  • POSCO (Cold-rolled electrical steel, High-performance non-grain-oriented steel)
  • Shougang Group (Electrical steel, non-grain-oriented steel)
  • Benxi Steel Group Co Ltd (Non-grain oriented electrical steel, Electrical steel for transformers)
  • Baosteel Group Co  (Grain-oriented electrical steel, Cold-rolled electrical steel)
  • JFE Steel Corporation (Non-grain oriented electrical steel, High-silicon steel)
  • Hyundai Steel (Electrical steel, non-grain-oriented steel)
  • Severstal (Cold-rolled electrical steel, non-grain-oriented steel)
  • AK Steel (Electrical steel, non-grain-oriented silicon steel)
  • Voestalpine AG (Cold-rolled non-grain oriented electrical steel)
  • United States Steel Corporation (Non-grain oriented electrical steel, Electrical steel for transformers)
  • Shougang Jingtang United Iron & Steel Co., Ltd. (Electrical steel, non-grain-oriented steel)
  • China Steel Corporation (Electrical steel, High-efficiency non-grain-oriented steel)
  • Outokumpu (Electrical steel, non-grain oriented high permeability steel)
  • Essar Steel (Electrical steel, High-silicon non-grain-oriented steel)

Suppliers for (wide range of electrical steel products, including NGO and CRGO (Grain-Oriented) steel, of Non-Grain Oriented Electrical Steel Market

  • ArcelorMittal
  • Nippon Steel Corporation
  • JFE Steel Corporation
  • POSCO
  • United States Steel Corporation (U.S. Steel)
  • Baosteel Group Corporation
  • Hyundai Steel
  • Steel Authority of India Limited (SAIL)
  • ThyssenKrupp Steel Europe AG
  • Cleveland-Cliffs (formerly AK Steel)

RECENT DEVELOPMENT

In March 2024: ThyssenKrupp Steel has commissioned a new slitting line at its Motta Visconti plant in Italy. This investment aims to enhance production capacity for high-efficiency electrical steel, crucial for the automotive industry, and will enable a doubling of output, with improved cutting precision for thin electrical steel and sensitive coatings.

In January 2024: POSCO finalized the construction of its new electrical steel plant in Gawangyang. The facility is designed to produce high-efficiency, eco-friendly non-grain oriented electrical steel sheets, marking the company’s entry into the green product sector as it strives to achieve net-zero carbon emissions by 2050.

In March 2023: ArcelorMittal S.A. made an investment of USD 317.90 million to build an electrical steel production plant at the Mardyck site in northern France. This investment aims to enhance production capacity and optimize revenue generation.

Non-Grain Oriented Electrical Steel Market Report Scope

Report Attributes Details
Market Size in 2023 USD 17.91 billion 
Market Size by 2032 USD 27.92 billion 
CAGR CAGR of 5.06%  From 2024 to 2032
Base Year 2023
Forecast Period 2024-2032
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By thickness (0.35 mm, 0.5 mm, 0.65 mm, and other)
• By Type (Semi Processed and Fully Processed)
• By Application (Household appliance, AC Motor, Power Generation, and Other)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Tata Steel, Nucor Corporation, Nippon Steel Corporation, ThyssenKrupp Steel Europe, ArcelorMittal, NLMK, POSCO, Shougang Group, Benxi Steel Group Co Ltd, Baosteel Group Co., JFE Steel Corporation, Hyundai Steel, Severstal, AK Steel, Voestalpine AG, United States Steel Corporation, Shougang Jingtang United Iron & Steel Co., Ltd., China Steel Corporation, Outokumpu, Essar Steel.
Key Drivers • The non-grain-oriented electrical steel market is driven by rising demand for energy-efficient appliances, renewable energy adoption, and the growing EV industry, supported by advancements in production technologies.
RESTRAINTS • Fluctuations in raw material prices, especially for iron ore, silicon, and manganese, lead to increased manufacturing costs, reduced profit margins, and disrupted supply chains in the non-grain-oriented electrical steel market.

 

Frequently Asked Questions

Ans: Asia-Pacific dominated the Non-Grain Oriented Electrical Steel Market in 2023.

 Ans: The “semi-processed” segment dominated the Non-Grain Oriented Electrical Steel Market.

Ans The non-grain-oriented electrical steel market is driven by rising demand for energy-efficient appliances, renewable energy adoption, and the growing EV industry, supported by advancements in production technologies.

Ans: The Non-Grain Oriented Electrical Steel Market was USD 17.91 billion in 2023 and is expected to Reach USD 27.92 billion by 2032.

Ans:  The Non-Grain Oriented Electrical Steel Market is expected to grow at a CAGR of 5.06% during 2024-2032.

TABLE OF CONTENTS:

1. Introduction

1.1 Market Definition

1.2 Scope (Inclusion and Exclusions)

1.3 Research Assumptions

2. Executive Summary

2.1 Market Overview

2.2 Regional Synopsis

2.3 Competitive Summary

3. Research Methodology

3.1 Top-Down Approach

3.2 Bottom-up Approach

3.3. Data Validation

3.4 Primary Interviews

4. Market Dynamics

4.1 Market Analysis

4.1.1 Drivers

4.1.2 Restraints

4.1.3 Opportunities

4.1.4 Challenges

4.2 PESTLE Analysis

4.3 Porter’s Five Forces Model

5. Statistical Insights and Trends Reporting

5.1 Regulatory Impact, by Country, By Type, 2023

5.2 Innovation and Product Differentiation

5.3 Energy Transition Metrics

5.4 Sustainability Metrics

6. Competitive Landscape

6.1 List of Major Companies, By Region

6.2 Market Share Analysis, By Region

6.3 Product Benchmarking

6.3.1 Product specifications and features

6.3.2 Pricing

6.4 Strategic Initiatives

6.4.1 Marketing and promotional activities

6.4.2 Distribution and Supply Chain Strategies

6.4.3 Expansion plans and new product launches

6.4.4 Strategic partnerships and collaborations

6.5 Technological Advancements

6.6 Market Positioning and Branding

7. Non-Grain Oriented Electrical Steel Market Segmentation, By Thickness

7.1 Chapter Overview

7.2 0.35 mm

7.1 0.35 mm Market Trends Analysis (2020-2032)

7.2 0.35 mm Market Size Estimates and Forecasts to 2032 (USD Billion)

7.3 0.5 mm

7.3.1 0.5 mm Market Trends Analysis (2020-2032)

7.3.2 0.5 mm Market Size Estimates and Forecasts to 2032 (USD Billion)

7.4 0.65 mm

7.4.1 0.65 mm Market Trends Analysis (2020-2032)

7.4.2 0.65 mm Market Size Estimates and Forecasts to 2032 (USD Billion)

7.5 Others

7.5.1 Others Market Trends Analysis (2020-2032)

7.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)

8. Non-Grain Oriented Electrical Steel Market Segmentation, By Type

8.1 Chapter Overview

8.2 Semi-processed

8.2.1 Semi-processed Market Trends Analysis (2020-2032)

8.2.2 Semi-processed Market Size Estimates and Forecasts to 2032 (USD Billion)

8.3 Fully Processed

8.3.1 Fully Processed Market Trends Analysis (2020-2032)

8.3.2 Fully Processed Market Size Estimates and Forecasts to 2032 (USD Billion)

9. Non-Grain Oriented Electrical Steel Market Segmentation, By Application

9.1 Chapter Overview

9.2 Household Appliances

9.2.1 Household Appliances Market Trends Analysis (2020-2032)

9.2.2 Household Appliances Market Size Estimates and Forecasts to 2032 (USD Billion)

9.3 AC Motor

9.3.1 AC Motor Market Trends Analysis (2020-2032)

9.3.2 AC Motor Market Size Estimates and Forecasts to 2032 (USD Billion)

9.4 Power Generation

9.4.1 Power Generation Market Trends Analysis (2020-2032)

9.4.2 Power Generation Market Size Estimates and Forecasts to 2032 (USD Billion)

9.5 Others

9.5.1 Others Market Trends Analysis (2020-2032)

9.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)

10. Regional Analysis

10.1 Chapter Overview

10.2 North America

10.2.1 Trends Analysis

10.2.2 North America Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.2.3 North America Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion) 

10.2.4 North America Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.2.5 North America Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.2.6 USA

10.2.6.1 USA Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.2.6.2 USA Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.2.6.3 USA Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.2.7 Canada

10.2.7.1 Canada Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.2.7.2 Canada Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.2.7.3 Canada Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.2.8 Mexico

10.2.8.1 Mexico Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.2.8.2 Mexico Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.2.8.3 Mexico Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3 Europe

10.3.1 Eastern Europe

10.3.1.1 Trends Analysis

10.3.1.2 Eastern Europe Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.3.1.3 Eastern Europe Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion) 

10.3.1.4 Eastern Europe Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.5 Eastern Europe Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.1.6 Poland

10.3.1.6.1 Poland Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.3.1.6.2 Poland Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.6.3 Poland Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.1.7 Romania

10.3.1.7.1 Romania Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.3.1.7.2 Romania Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.7.3 Romania Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.1.8 Hungary

10.3.1.8.1 Hungary Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.3.1.8.2 Hungary Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.8.3 Hungary Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.1.9 Turkey

10.3.1.9.1 Turkey Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.3.1.9.2 Turkey Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.9.3 Turkey Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.1.10 Rest of Eastern Europe

10.3.1.10.1 Rest of Eastern Europe Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.3.1.10.2 Rest of Eastern Europe Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.10.3 Rest of Eastern Europe Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.2 Western Europe

10.3.2.1 Trends Analysis

10.3.2.2 Western Europe Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.3.2.3 Western Europe Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion) 

10.3.2.4 Western Europe Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.5 Western Europe Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.2.6 Germany

10.3.2.6.1 Germany Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.3.2.6.2 Germany Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.6.3 Germany Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.2.7 France

10.3.2.7.1 France Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.3.2.7.2 France Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.7.3 France Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.2.8 UK

10.3.2.8.1 UK Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.3.2.8.2 UK Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.8.3 UK Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.2.9 Italy

10.3.2.9.1 Italy Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.3.2.9.2 Italy Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.9.3 Italy Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.2.10 Spain

10.3.2.10.1 Spain Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.3.2.10.2 Spain Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.10.3 Spain Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.2.11 Netherlands

10.3.2.11.1 Netherlands Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.3.2.11.2 Netherlands Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.11.3 Netherlands Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.2.12 Switzerland

10.3.2.12.1 Switzerland Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.3.2.12.2 Switzerland Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.12.3 Switzerland Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.2.13 Austria

10.3.2.13.1 Austria Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.3.2.13.2 Austria Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.13.3 Austria Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.3.2.14 Rest of Western Europe

10.3.2.14.1 Rest of Western Europe Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.3.2.14.2 Rest of Western Europe Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.14.3 Rest of Western Europe Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.4 Asia-Pacific

10.4.1 Trends Analysis

10.4.2 Asia-Pacific Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.4.3 Asia-Pacific Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion) 

10.4.4 Asia-Pacific Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.5 Asia-Pacific Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.4.6 China

10.4.6.1 China Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.4.6.2 China Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.6.3 China Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.4.7 India

10.4.7.1 India Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.4.7.2 India Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.7.3 India Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.4.8 Japan

10.4.8.1 Japan Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.4.8.2 Japan Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.8.3 Japan Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.4.9 South Korea

10.4.9.1 South Korea Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.4.9.2 South Korea Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.9.3 South Korea Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.4.10 Vietnam

10.4.10.1 Vietnam Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.4.10.2 Vietnam Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.10.3 Vietnam Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.4.11 Singapore

10.4.11.1 Singapore Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.4.11.2 Singapore Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.11.3 Singapore Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.4.12 Australia

10.4.12.1 Australia Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.4.12.2 Australia Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.12.3 Australia Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.4.13 Rest of Asia-Pacific

10.4.13.1 Rest of Asia-Pacific Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.4.13.2 Rest of Asia-Pacific Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.13.3 Rest of Asia-Pacific Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.5 Middle East and Africa

10.5.1 Middle East

10.5.1.1 Trends Analysis

10.5.1.2 Middle East Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.5.1.3 Middle East Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion) 

10.5.1.4 Middle East Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.5 Middle East Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.5.1.6 UAE

10.5.1.6.1 UAE Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.5.1.6.2 UAE Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.6.3 UAE Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.5.1.7 Egypt

10.5.1.7.1 Egypt Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.5.1.7.2 Egypt Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.7.3 Egypt Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.5.1.8 Saudi Arabia

10.5.1.8.1 Saudi Arabia Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.5.1.8.2 Saudi Arabia Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.8.3 Saudi Arabia Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.5.1.9 Qatar

10.5.1.9.1 Qatar Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.5.1.9.2 Qatar Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.9.3 Qatar Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.5.1.10 Rest of Middle East

10.5.1.10.1 Rest of Middle East Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.5.1.10.2 Rest of Middle East Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.10.3 Rest of Middle East Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.5.2 Africa

10.5.2.1 Trends Analysis

10.5.2.2 Africa Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.5.2.3 Africa Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion) 

10.5.2.4 Africa Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.2.5 Africa Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.5.2.6 South Africa

10.5.2.6.1 South Africa Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.5.2.6.2 South Africa Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.2.6.3 South Africa Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.5.2.7 Nigeria

10.5.2.7.1 Nigeria Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.5.2.7.2 Nigeria Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.2.7.3 Nigeria Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.5.2.8 Rest of Africa

10.5.2.8.1 Rest of Africa Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.5.2.8.2 Rest of Africa Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.2.8.3 Rest of Africa Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.6 Latin America

10.6.1 Trends Analysis

10.6.2 Latin America Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.6.3 Latin America Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion) 

10.6.4 Latin America Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.6.5 Latin America Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.6.6 Brazil

10.6.6.1 Brazil Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.6.6.2 Brazil Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.6.6.3 Brazil Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.6.7 Argentina

10.6.7.1 Argentina Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.6.7.2 Argentina Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.6.7.3 Argentina Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.6.8 Colombia

10.6.8.1 Colombia Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.6.8.2 Colombia Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.6.8.3 Colombia Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

10.6.9 Rest of Latin America

10.6.9.1 Rest of Latin America Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Thickness (2020-2032) (USD Billion)

10.6.9.2 Rest of Latin America Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.6.9.3 Rest of Latin America Non-Grain Oriented Electrical Steel Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)

11. Company Profiles

11.1 Tata Steel

11.1.1 Company Overview

11.1.2 Financial

11.1.3 Products/ Services Offered

11.1.4 SWOT Analysis

11.2 Nucor Corporation

             11.2.1 Company Overview

11.2.2 Financial

11.2.3 Products/ Services Offered

11.2.4 SWOT Analysis

11.3 Nippon Steel Corporation

11.3.1 Company Overview

11.3.2 Financial

11.3.3 Products/ Services Offered

11.3.4 SWOT Analysis

11.4 ThyssenKrupp Steel Europe

11.4.1 Company Overview

11.4.2 Financial

11.4.3 Products/ Services Offered

11.4.4 SWOT Analysis

11.5 Arcelor Mittal

11.5.1 Company Overview

11.5.2 Financial

11.5.3 Products/ Services Offered

11.5.4 SWOT Analysis

11.6 NLMK

11.6.1 Company Overview

11.6.2 Financial

11.6.3 Products/ Services Offered

11.6.4 SWOT Analysis

11.7 POSCO

             11.7.1 Company Overview

11.7.2 Financial

11.7.3 Products/ Services Offered

11.7.4 SWOT Analysis

11.8 Shougang Group

11.8.1 Company Overview

11.8.2 Financial

11.8.3 Products/ Services Offered

11.8.4 SWOT Analysis

11.9 Benxi Steel Group Co Ltd

             11.9.1 Company Overview

11.9.2 Financial

11.9.3 Products/ Services Offered

11.9.4 SWOT Analysis

11.10 Baosteel Group Co

11.10.1 Company Overview

11.10.2 Financial

11.10.3 Products/ Services Offered

11.10.4 SWOT Analysis

12. Use Cases and Best Practices

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

By Thickness

  • 0.35 mm

  • 0.5 mm

  • 0.65 mm

  • Others

By Type

  • Semi-processed

  • Fully Processed

By Application

  • Household Appliances

  • AC Motor

  • Power Generation

  • Others

Request for Segment Customization as per your Business Requirement: Segment Customization Request

Regional Coverage

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Request for Country Level Research Report: Country Level Customization Request

Available Customization

With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:

  • Product Analysis

  • Criss-Cross segment analysis (e.g. Product X Application)

  • Product Matrix which gives a detailed comparison of product portfolio of each company

  • Geographic Analysis

  • Additional countries in any of the regions

  • Company Information

  • Detailed analysis and profiling of additional market players (Up to five)


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