Global Non-Grain Oriented Electrical Steel Market

Market Overview

• The Non-Grain Oriented Electrical Steel Market Size is Anticipated to Exceed USD 27.48 Billion by 2033, Growing at a CAGR of 5.22% from 2023 to 2033.
• Although the steel industry has been expanding at a sluggish pace recently, demand for its products has surged due to the advent of hybrid electric vehicles. 
• The market is anticipated to rise as a result of the usage of Non-Grain Oriented Electrical Steel in the production of EV motors, especially in emerging nations.

Major vendors in The Non-Grain Oriented Electrical Steel Market

Benxi Steel Group Co., Ltd (China), CSC Steel Sdn. Bhd. (Malaysia), Tata Steel (India), Nucor Corporation (U.S.), NLMK (Russia), ArcelorMittal S.A. (Luxembourg), Shougang Group (China), thyssenkrupp Steel (Germany), Baosteel Group Corporation (China), POSCO (South Korea), NIPPON STEEL CORPORATION (Japan), Voestalpine Group (Austria), Yieh Corporation (Taiwan), Aperam S.A. (Luxembourg), Arnold Magnetic Technologies, and others. 

Market Segment 

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decision Advisor has segmented the Global Non-Grain Oriented Electrical Steel Market based on the below-mentioned segments:

Global Non-Grain Oriented Electrical Steel Market, By Thickness

• 0.35 mm
• 0.5 mm
• 0.65 mm
• Others

Global Non-Grain Oriented Electrical Steel Market, By Type

• Semi-processed
• Fully Processed

 Global Non-Grain Oriented Electrical Steel Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa