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Electrical Steel Market - Global Forecast 2026-2032- Product Image
Electrical Steel Market - Global Forecast 2026-2032- Product Image
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Electrical Steel Market - Global Forecast 2026-2032

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    Report

  • 185 Pages
  • January 2026
  • Region: Global
  • 360iResearch™
  • ID: 4896522
1h Free Analyst Time
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Senior executives in the global electrical steel market face a rapidly evolving environment where technology innovation, shifting policies, and ongoing electrification are reshaping opportunities and introducing new procurement, compliance, and technical challenges.

Market Snapshot: Electrical Steel Market Dynamics

The electrical steel market expanded from USD 59.15 billion in 2025 to USD 63.35 billion in 2026 and is projected to reach USD 96.93 billion by 2032, reflecting a 7.31% CAGR. Market growth reflects ongoing advancements in manufacturing technology, increasingly stringent industry mandates, and demand patterns influenced by electrification investments. Sectors including power infrastructure, industrial equipment, and transportation benefit from modernization efforts and integration of renewables. These market drivers converge to create unique sourcing and optimization challenges throughout the electrical steel value chain, particularly for organizations prioritizing resilience and agility.

Scope & Segmentation

  • Product Types: Grain oriented steel is essential for efficient transformer cores in transmission networks, while non grain oriented steel is key for motors, generators, and other rotating machinery that need diverse magnetic and mechanical properties.
  • Thickness Ranges: Steel variants include less than 0.23 mm, 0.23–0.30 mm, 0.30–0.40 mm, and greater than 0.40 mm, each offering unique mechanical strength and energy performance to suit industrial and utility end uses.
  • Coating Systems: Insulated coatings (inorganic and organic) and non-insulated types influence operational loss, heat management, and the lifespan of electrical steel products tailored for different applications.
  • Application Categories: Principal segments include inductors and chokes, motors and generators, and transformers, each requiring tailored magnetic performance, reliability, and stability considerations that impact both sourcing and design priorities.
  • Regions: Americas prioritize supply security and infrastructure upgrades; Europe, the Middle East, and Africa emphasize efficiency and regulatory-driven sustainability; Asia-Pacific leads with high production volumes and a focus on innovation, demanding differentiated procurement approaches for each region.
  • Technologies: Advanced alloy engineering, precision cold-rolling, tension-leveling, and next-generation insulation chemistries are raising the complexity of electrical steel offerings, resulting in enhanced materials performance and necessitating refined supplier management strategies.

Key Takeaways for Senior Decision-Makers

  • Decarbonization goals are influencing firms to align sustainability objectives with energy performance improvements while managing shifting regulatory compliance standards.
  • Procurement and R&D leaders are advancing coating solutions and optimizing steel grain structure to boost overall durability and energy efficiency, supporting product differentiation in competitive markets.
  • Consolidation across the industry and targeted investments are being driven by local content mandates, as traceability and tariff-related risk reduction grow in importance for supply networks.
  • Digital integration now supports analytics-driven traceability, just-in-time inventories, and adaptive responses to OEM specifications, improving agility and operational responsiveness.
  • Environmental considerations like emissions across the product lifecycle, recycled content, and mandatory sustainability reporting have become central in strategic sourcing, impacting supplier partnerships and brand value management.

Tariff Impact: Realigning Sourcing and Operations

The 2025 U.S. tariff measures are prompting buyers to pivot toward regional sourcing models and diversify supplier networks to limit exposure to price fluctuations. Investments in domestic conversion and assembly sites are reshaping the manufacturing landscape. Exporters facing tariff pressures are adopting strategies such as pre-assembled core production and forming strategic capacity-building alliances. These changes lead downstream manufacturers to raise supplier qualification standards, revise project timelines, and strengthen inventory controls for greater supply network resilience and collaborative execution.

Methodology & Data Sources

This report employs a holistic research framework, integrating technical market analysis, comprehensive value chain mapping, and interviews with industry leaders. Quantitative benchmarking and cross-verified data ensure reliability and deliver actionable insights relevant for executive decision-making.

Why This Report Matters

  • Enables senior management to understand how evolving technical specifications, supply chain dynamics, and regulatory shifts affect procurement risk and strategic positioning.
  • Identifies routes for strengthening supplier relationships, supporting operational resilience, and using digital and sustainability benchmarks to generate value across the organization.
  • Offers practical guidance for investment priorities in growth market segments, supports effective localized sourcing, and helps anticipate emerging compliance standards.

Conclusion: Securing Advantage in Electrical Steel

Focus on advanced material strategies and robust regional supply networks is crucial for leadership in a transforming electrical steel market. Prioritizing resilience, technology integration, and sustainability positions executives to navigate the changing energy landscape.

 

Additional Product Information:

  • Purchase of this report includes 1 year online access with quarterly updates.
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders
2. Research Methodology
2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations
3. Executive Summary
3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap
4. Market Overview
4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy
5. Market Insights
5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis
6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025
8. Electrical Steel Market, by Product Type
8.1. Grain Oriented
8.2. Non Grain Oriented
9. Electrical Steel Market, by Thickness
9.1. 0.23 To 0.30 mm
9.2. 0.30 To 0.40 mm
9.3. Greater Than 0.40 mm
9.4. Less Than 0.23 mm
10. Electrical Steel Market, by Coating Type
10.1. Insulated
10.1.1. Inorganic Coating
10.1.2. Organic Coating
10.2. Non Insulated
11. Electrical Steel Market, by Application
11.1. Inductors And Chokes
11.2. Motors And Generators
11.2.1. Generators
11.2.2. Motors
11.3. Transformer
12. Electrical Steel Market, by Region
12.1. Americas
12.1.1. North America
12.1.2. Latin America
12.2. Europe, Middle East & Africa
12.2.1. Europe
12.2.2. Middle East
12.2.3. Africa
12.3. Asia-Pacific
13. Electrical Steel Market, by Group
13.1. ASEAN
13.2. GCC
13.3. European Union
13.4. BRICS
13.5. G7
13.6. NATO
14. Electrical Steel Market, by Country
14.1. United States
14.2. Canada
14.3. Mexico
14.4. Brazil
14.5. United Kingdom
14.6. Germany
14.7. France
14.8. Russia
14.9. Italy
14.10. Spain
14.11. China
14.12. India
14.13. Japan
14.14. Australia
14.15. South Korea
15. United States Electrical Steel Market
16. China Electrical Steel Market
17. Competitive Landscape
17.1. Market Concentration Analysis, 2025
17.1.1. Concentration Ratio (CR)
17.1.2. Herfindahl Hirschman Index (HHI)
17.2. Recent Developments & Impact Analysis, 2025
17.3. Product Portfolio Analysis, 2025
17.4. Benchmarking Analysis, 2025
17.5. AK Steel Corporation
17.6. Ansteel Group Corporation Limited
17.7. Aperam S.A.
17.8. ArcelorMittal S.A.
17.9. Baoshan Iron & Steel Co., Ltd.
17.10. Baowu Steel Group Corporation Limited
17.11. Benxi Steel Group Co., Ltd.
17.12. CSC Steel Sdn. Bhd.
17.13. Essar Steel India Limited
17.14. JFE Steel Corporation
17.15. Jindal Steel & Power Limited
17.16. JSW Steel Limited
17.17. Nippon Steel Corporation
17.18. NLMK Group
17.19. Outokumpu Oyj
17.20. POSCO Corporation
17.21. Shougang Group Co., Ltd.
17.22. Steel Authority of India Limited
17.23. Steel Dynamics, Inc.
17.24. Tata Steel Europe
17.25. Tata Steel Limited
17.26. thyssenkrupp Steel Europe AG
17.27. VIZ-Stal
17.28. Voestalpine AG
17.29. Wuhan Iron & Steel Corporation
List of Figures
FIGURE 1. GLOBAL ELECTRICAL STEEL MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL ELECTRICAL STEEL MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL ELECTRICAL STEEL MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. UNITED STATES ELECTRICAL STEEL MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 12. CHINA ELECTRICAL STEEL MARKET SIZE, 2018-2032 (USD MILLION)
List of Tables
TABLE 1. GLOBAL ELECTRICAL STEEL MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY GRAIN ORIENTED, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY GRAIN ORIENTED, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY GRAIN ORIENTED, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY NON GRAIN ORIENTED, BY REGION, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY NON GRAIN ORIENTED, BY GROUP, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY NON GRAIN ORIENTED, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY 0.23 TO 0.30 MM, BY REGION, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY 0.23 TO 0.30 MM, BY GROUP, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY 0.23 TO 0.30 MM, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY 0.30 TO 0.40 MM, BY REGION, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY 0.30 TO 0.40 MM, BY GROUP, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY 0.30 TO 0.40 MM, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY GREATER THAN 0.40 MM, BY REGION, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY GREATER THAN 0.40 MM, BY GROUP, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY GREATER THAN 0.40 MM, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY LESS THAN 0.23 MM, BY REGION, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY LESS THAN 0.23 MM, BY GROUP, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY LESS THAN 0.23 MM, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY INSULATED, BY REGION, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY INSULATED, BY GROUP, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY INSULATED, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY INORGANIC COATING, BY REGION, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY INORGANIC COATING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY INORGANIC COATING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY ORGANIC COATING, BY REGION, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY ORGANIC COATING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY ORGANIC COATING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY NON INSULATED, BY REGION, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY NON INSULATED, BY GROUP, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY NON INSULATED, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY INDUCTORS AND CHOKES, BY REGION, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY INDUCTORS AND CHOKES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY INDUCTORS AND CHOKES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, BY REGION, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY GENERATORS, BY REGION, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY GENERATORS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY GENERATORS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY MOTORS, BY REGION, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY MOTORS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY MOTORS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY TRANSFORMER, BY REGION, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY TRANSFORMER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY TRANSFORMER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 54. AMERICAS ELECTRICAL STEEL MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 55. AMERICAS ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 56. AMERICAS ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 57. AMERICAS ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 58. AMERICAS ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 59. AMERICAS ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 60. AMERICAS ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 61. NORTH AMERICA ELECTRICAL STEEL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 62. NORTH AMERICA ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 63. NORTH AMERICA ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 64. NORTH AMERICA ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 65. NORTH AMERICA ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 66. NORTH AMERICA ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 67. NORTH AMERICA ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 68. LATIN AMERICA ELECTRICAL STEEL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 69. LATIN AMERICA ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 70. LATIN AMERICA ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 71. LATIN AMERICA ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 72. LATIN AMERICA ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 73. LATIN AMERICA ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 74. LATIN AMERICA ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 75. EUROPE, MIDDLE EAST & AFRICA ELECTRICAL STEEL MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 76. EUROPE, MIDDLE EAST & AFRICA ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 77. EUROPE, MIDDLE EAST & AFRICA ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 78. EUROPE, MIDDLE EAST & AFRICA ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 79. EUROPE, MIDDLE EAST & AFRICA ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 80. EUROPE, MIDDLE EAST & AFRICA ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 81. EUROPE, MIDDLE EAST & AFRICA ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 82. EUROPE ELECTRICAL STEEL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 83. EUROPE ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 84. EUROPE ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 85. EUROPE ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 86. EUROPE ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 87. EUROPE ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 88. EUROPE ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 89. MIDDLE EAST ELECTRICAL STEEL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 90. MIDDLE EAST ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 91. MIDDLE EAST ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 92. MIDDLE EAST ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 93. MIDDLE EAST ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 94. MIDDLE EAST ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 95. MIDDLE EAST ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 96. AFRICA ELECTRICAL STEEL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 97. AFRICA ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 98. AFRICA ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 99. AFRICA ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 100. AFRICA ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 101. AFRICA ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 102. AFRICA ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 103. ASIA-PACIFIC ELECTRICAL STEEL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 104. ASIA-PACIFIC ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 105. ASIA-PACIFIC ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 106. ASIA-PACIFIC ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 107. ASIA-PACIFIC ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 108. ASIA-PACIFIC ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 109. ASIA-PACIFIC ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 110. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 111. ASEAN ELECTRICAL STEEL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 112. ASEAN ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 113. ASEAN ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 114. ASEAN ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 115. ASEAN ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 116. ASEAN ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 117. ASEAN ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 118. GCC ELECTRICAL STEEL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 119. GCC ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 120. GCC ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 121. GCC ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 122. GCC ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 123. GCC ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 124. GCC ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 125. EUROPEAN UNION ELECTRICAL STEEL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 126. EUROPEAN UNION ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 127. EUROPEAN UNION ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 128. EUROPEAN UNION ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 129. EUROPEAN UNION ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 130. EUROPEAN UNION ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 131. EUROPEAN UNION ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 132. BRICS ELECTRICAL STEEL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 133. BRICS ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 134. BRICS ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 135. BRICS ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 136. BRICS ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 137. BRICS ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 138. BRICS ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 139. G7 ELECTRICAL STEEL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 140. G7 ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 141. G7 ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 142. G7 ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 143. G7 ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 144. G7 ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 145. G7 ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 146. NATO ELECTRICAL STEEL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 147. NATO ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 148. NATO ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 149. NATO ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 150. NATO ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 151. NATO ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 152. NATO ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 153. GLOBAL ELECTRICAL STEEL MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 154. UNITED STATES ELECTRICAL STEEL MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 155. UNITED STATES ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 156. UNITED STATES ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 157. UNITED STATES ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 158. UNITED STATES ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 159. UNITED STATES ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 160. UNITED STATES ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)
TABLE 161. CHINA ELECTRICAL STEEL MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 162. CHINA ELECTRICAL STEEL MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 163. CHINA ELECTRICAL STEEL MARKET SIZE, BY THICKNESS, 2018-2032 (USD MILLION)
TABLE 164. CHINA ELECTRICAL STEEL MARKET SIZE, BY COATING TYPE, 2018-2032 (USD MILLION)
TABLE 165. CHINA ELECTRICAL STEEL MARKET SIZE, BY INSULATED, 2018-2032 (USD MILLION)
TABLE 166. CHINA ELECTRICAL STEEL MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 167. CHINA ELECTRICAL STEEL MARKET SIZE, BY MOTORS AND GENERATORS, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this Electrical Steel market report include:
  • AK Steel Corporation
  • Ansteel Group Corporation Limited
  • Aperam S.A.
  • ArcelorMittal S.A.
  • Baoshan Iron & Steel Co., Ltd.
  • Baowu Steel Group Corporation Limited
  • Benxi Steel Group Co., Ltd.
  • CSC Steel Sdn. Bhd.
  • Essar Steel India Limited
  • JFE Steel Corporation
  • Jindal Steel & Power Limited
  • JSW Steel Limited
  • Nippon Steel Corporation
  • NLMK Group
  • Outokumpu Oyj
  • POSCO Corporation
  • Shougang Group Co., Ltd.
  • Steel Authority of India Limited
  • Steel Dynamics, Inc.
  • Tata Steel Europe
  • Tata Steel Limited
  • thyssenkrupp Steel Europe AG
  • VIZ-Stal
  • Voestalpine AG
  • Wuhan Iron & Steel Corporation

Table Information

Report AttributeDetails
No. of Pages185
PublishedJanuary 2026
Forecast Period2026 - 2032
Estimated Market Value ( USD ) in 2026 $ 63.35 Billion
Forecasted Market Value ( USD ) by 2032 $ 96.93 Billion
Compound Annual Growth Rate7.3%
Regions CoveredGlobal
No. of Companies Mentioned26

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About the Electrical Steel Market

Electrical Steel is a type of iron and steel alloy that is used in the production of electrical components and equipment. It is characterized by its high magnetic permeability, low coercivity, and low core loss. Electrical Steel is produced by adding silicon, aluminum, and other elements to the steel alloy. This combination of elements creates a material that is highly resistant to electrical and magnetic fields. Electrical Steel is used in the production of transformers, motors, generators, and other electrical components. Electrical Steel is a key component in the production of electrical equipment and components. It is used in the production of transformers, motors, generators, and other electrical components. It is also used in the production of electrical appliances, such as washing machines, refrigerators, and air conditioners. Some of the major companies in the Electrical Steel market include ArcelorMittal, Nippon Steel Corporation, JFE Steel Corporation, POSCO, and ThyssenKrupp AG. Show Less Read more

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