Electrical Steel Market is Growing Exponentially in Order to Gain More Demand by 2021
The report [196 pages] "Electrical Steel Market by Type (Grain-oriented and Non Grain-oriented), Application (Transformers, Motors, Inductors), End-Use Industry (Energy, Automobile, Manufacturing, Household Appliances), and Region - Global Forecast to 2021", published by MarketsandMarkets™, the market size is estimated to grow from USD 27.84 Billion in 2016 to USD 38.98 Billion by 2021, at a compound annual growth rate (CAGR) of 7.0% from 2016 to 2021.
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Table of Contents
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Electrical Steel Market, By Type
7 Electrical Steel Market, By Application
8 Electrical Steel Market, By End-Use Industry
9 Electrical Steel Market, By Region
10 Competitive Landscape
11 Company Profile
12 Appendix
In terms of value, the energy sector, by end-use, is projected to grow at the highest rate during the forecast period. This can be attributed to the growth of economies across the globe, which is directly linked to the growth of the power sector. In addition, the growing industrialization in developed & developing economies is also expected to further drive the energy segment in the electrical steel market.
The major players in the Electrical Steel Market includes ArcelorMittal (Luxembourg), POSCO (South Korea), Voestalpine Group (Austria), Baosteel (China), Nippon Steel & Sumitomo Metal Corporation (Japan), United States Steel Corporation (U.S.), Steel Authority of India Limited. (India), Tata Steel (India), JFE Steel Corporation (India), and Essar Steel (India).
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Read our blog for more details: https://chemabd007.blogspot.com/2019/03/electrical-steel-market-leaders-key.html
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