Future Is Here: Electrical Steel Market worth USD 38.98
Billion by 2021
The Electrical Steel Market size is estimated to grow from USD 27.84 Billion in 2016 to
USD 38.98 Billion by 2021, at a CAGR of 7.0%. The base year considered for the study is
2015 and the market size is projected from 2016 to 2021.
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The report aims at estimating the market size and future growth potential of the electrical
steel market across different segments such as type, application, end-use industry, and
region. The other objectives include providing detailed information regarding the main
factors influencing the growth of the market (drivers, restraints, opportunities, and
industry-specific challenges). It also aims to study the individual growth trends, future
prospects, and contribution of various segments to the total market. The study also
analyzes opportunities in the market for stakeholders and details of competitive landscape
for the market leaders. The study strategically profiles key players and comprehensively
analyzes their core competencies.
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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