“Grain Oriented Electrical Steel Market "2020 Research report provides Emerging Market trends, Manufacturer Share, Market Segmentation, regional outlook and comprehensive analysis on different market segments. The Grain Oriented Electrical Steel Market provides detailed analysis of Grain Oriented Electrical Steel Market Overview, Segmentation by Types, Potential Applications and Production Analysis.
Final Report will add the analysis of the impact of COVID-19 on thisGrain Oriented Electrical Steel industry.
Short Description About Grain Oriented Electrical Steel Market :
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.
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The objective of the study is to define market sizes of different segments and countries in previous years and to forecast the values to the next Five years. The report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers and restraining factors which will define the future growth of the market.
The research covers the current Grain Oriented Electrical Steel market size of the market and its growth rates based on 5-year records with company outline ofKey players/manufacturers:
- Baowu Group
- NSSMC
- AK Steel
- ThyssenKrupp
- NLMK Group
- JFE Steel
- Posco
- ArcelorMittal
- Ansteel
- Shougang
- Stalprodukt S.A.
- Cogent (Tata Steel)
- ATI
Scope of the Grain Oriented Electrical Steel Market 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 RandD 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 USD in 2024, from 6590 million USD in 2019, according to a new 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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Report further studies the market development status and future Grain Oriented Electrical Steel Market trend across the world. Also, it splits Grain Oriented Electrical Steel market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects.
Major Classifications are as follows:
- Conventional
- High Magnetic Strength
- Domain Refinement
Major Applications are as follows:
- Transformer
- Power Generator
- Electric Motor
- Other
Geographically, this report is segmented into severalkey regions , with sales, revenue, market share and growth Rate of Grain Oriented Electrical Steel in these regions, from 2014 to 2024, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Grain Oriented Electrical Steel Market Research/Analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is used for Grain Oriented Electrical Steel? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Grain Oriented Electrical Steel Market? What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Market Status of Grain Oriented Electrical Steel Market? What Was Capacity, Production Value, Cost and PROFIT of Grain Oriented Electrical Steel Market?
- What Is Current Market Status of Grain Oriented Electrical Steel Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Grain Oriented Electrical Steel Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Grain Oriented Electrical Steel Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- What Is Grain Oriented Electrical Steel Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Grain Oriented Electrical Steel Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Grain Oriented Electrical Steel Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Grain Oriented Electrical Steel Industry?
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Major Points from Table of Contents:
1. Market Overview
1.1 Grain Oriented Electrical Steel Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Dynamics
1.4.1 Market Opportunities
1.4.2 Market Risk
1.4.3 Market Driving Force
2.Manufacturers Profiles
2.4.1 Business Overview
2.4.2 Grain Oriented Electrical Steel Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
3.Global Grain Oriented Electrical Steel Sales, Revenue, Market Share and Competition By Manufacturer (2019-2020)
3.1 Global Grain Oriented Electrical Steel Sales and Market Share by Manufacturer (2019-2020)
3.2 Global Grain Oriented Electrical Steel Revenue and Market Share by Manufacturer (2019-2020)
3.3 Market Concentration Rates
3.3.1 Top 3 Grain Oriented Electrical Steel Manufacturer Market Share in 2020
3.3.2 Top 6 Grain Oriented Electrical Steel Manufacturer Market Share in 2020
3.4 Market Competition Trend
4.Global Grain Oriented Electrical Steel Market Analysis by Regions
4.1 Global Grain Oriented Electrical Steel Sales, Revenue and Market Share by Regions
4.1.1 Global Grain Oriented Electrical Steel Sales and Market Share by Regions (2014-2019)
4.1.2 Global Grain Oriented Electrical Steel Revenue and Market Share by Regions (2014-2019)
4.2 North America Grain Oriented Electrical Steel Sales and Growth Rate (2014-2019)
4.3 Europe Grain Oriented Electrical Steel Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific Grain Oriented Electrical Steel Sales and Growth Rate (2014-2019)
4.6 South America Grain Oriented Electrical Steel Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa Grain Oriented Electrical Steel Sales and Growth Rate (2014-2019)
5.Grain Oriented Electrical Steel Market Forecast (2020-2024)
5.1 Global Grain Oriented Electrical Steel Sales, Revenue and Growth Rate (2020-2024)
5.2 Grain Oriented Electrical Steel Market Forecast by Regions (2020-2024)
5.3 Grain Oriented Electrical Steel Market Forecast by Type (2020-2024)
5.3.1 Global Grain Oriented Electrical Steel Sales Forecast by Type (2020-2024)
5.3.2 Global Grain Oriented Electrical Steel Market Share Forecast by Type (2020-2024)
5.4 Grain Oriented Electrical Steel Market Forecast by Application (2020-2024)
5.4.1 Global Grain Oriented Electrical Steel Sales Forecast by Application (2020-2024)
5.4.2 Global Grain Oriented Electrical Steel Market Share Forecast by Application (2020-2024)
6.Sales Channel, Distributors, Traders and Dealers
6.1 Sales Channel
6.1.1 Direct Marketing
6.1.2 Indirect Marketing
6.1.3 Marketing Channel Future Trend
6.2 Distributors, Traders and Dealers
7.Research Findings and Conclusion
8.Appendix
8.1 Methodology
8.2 Data Source
Continued…..
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