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Middle East and Africa Electric Steel Market 2020-2028

  • ID: 5017322
  • Report
  • April 2020
  • Region: Middle East, Africa
  • 70 pages
  • Triton Market Research

FEATURED COMPANIES

  • AK Steel Corporation
  • Baosteel Group
  • Chinasteel
  • Nippon Steel Corporation
  • Posco
  • Tata Steel
MARKET OUTLOOK

A report has determined that the electric steel market in the Middle East and Africa would progress at a CAGR of 5.00% over the estimated years 2020-2028.

Saudi Arabia, Turkey, the United Arab Emirates and the Rest of the Middle East & Africa are the countries studied in the Middle East & Africa electric steel market.

The growing demand for electric steel by the power sector is a major factor contributing to the growth of the electric steel market. Electric steel is utilized in the manufacturing of transformers. The growing power sector in Africa indicates high demand for transformers, thereby increasing the growth in the Middle East and African electrical steel market. Corporations are also increasingly trying to expand to cater to the rising demand for electric steel in North Africa and the Middle East. For example, in Turkey, Toyota Tsusho Corporation established an electric steel sheet processing company. These developments are expected to increase the demand for electric sheel.

The telecommunications sector in South Africa is one of the most advanced segments, with ever-increasing mobile and internet penetration and the considerable growth in connectivity infrastructure over the past years. With the advent of free social media usage on Whatsapp, Facebook and Twitter, the industry is expected to proliferate further. As this sector will be a major application for electric steel, the growth in the telecommunication sector is set to accelerate the growth of the electric steel market in South Africa.

COMPETITIVE OUTLOOK

The significant players in the electric steel market are SAIL (Steel Authority Of India Limited), ArcelorMittal, Thyssenkrupp AG, BRS (Big River Steel), Voestalpine AG, Arnold Magnetic Technologies and Baosteel Group.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AK Steel Corporation
  • Baosteel Group
  • Chinasteel
  • Nippon Steel Corporation
  • Posco
  • Tata Steel
1. Middle East and Africa Electric Steel Market - Summary

2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Growth in Electricity Demand
2.2.2. Transformers Captures Largest Market Share in Application Segment
2.3. Evolution & Transition of Electric Steel
2.4. Porter's Five Force Analysis
2.4.1. Threat of New Entrants
2.4.2. Threat of Substitute
2.4.3. Bargaining Power of Suppliers
2.4.4. Bargaining Power of Buyers
2.4.5. Threat of Competitive Rivalry
2.5. Key Impact Analysis
2.5.1. Cost
2.5.2. Application
2.5.3. Specifications
2.6. Market Attractiveness Index
2.7. Industry Components
2.7.1. Raw Material Suppliers
2.7.2. Manufacturers
2.7.3. Distributors
2.7.4. End-Users
2.8. Regulatory Framework
2.9. Market Drivers
2.9.1. Growth in Urban Population
2.9.2. Increased Demand for Transformers & Motors
2.9.3. Growth in Traction for Electric Vehicles
2.9.4. Increased Demand by Power Sector for Electric Steels
2.10. Market Restraints
2.10.1. Volatility and Fluctuations in Raw Material Prices
2.11. Market Opportunities
2.11.1. Regulations in Favour of Electric Steel Market
2.12. Market Challenges
2.12.1. Safety & Technological Constraints

3. Middle East and Africa Electric Steel Market Outlook - by Type
3.1. Grain-Oriented Steel
3.1.1. Fully Processed Grain-Oriented Steel
3.1.2. Semi Processed Grain-Oriented Steel
3.2. Non-Grain-Oriented Steel

4. Middle East and Africa Electric Steel Market Outlook - by Application
4.1. Transformers
4.1.1. Current Transformers
4.1.2. Power Transformers
4.1.3. Distribution Transformers
4.2. Motors
4.3. Inductors
4.4. Others

5. Middle East and Africa Electric Steel Market Outlook - by End-User
5.1. Energy
5.2. Automobiles
5.3. Manufacturing
5.4. Household Appliances
5.5. Others

6. Middle East and Africa Electric Steel Market – Regional Outlook
6.1. United Arab Emirates
6.2. Turkey
6.3. Saudi Arabia
6.4. South Africa
6.5. Rest of Middle East & Africa

7. Competitive Landscape
7.1. Arcelormittal
7.2. Arnold Magnetic Technologies
7.3. Baosteel Group
7.4. Chinasteel
7.5. AK Steel Corporation
7.6. Nippon Steel Corporation
7.7. Orchids International
7.8. Posco
7.9. Sko-Die Inc
7.10. Sail (Steel Authority of India Limited)
7.11. Thyssenkrupp AG
7.12. BRS (Big River Steel)
7.13. Voestalpine AG
7.14. Tata Steel
7.15. JFE Steel Corporation

8. Methodology & Scope
8.1. Research Scope
8.2. Sources of Data
8.3. Research Methodology

List of Tables
Table 1: Middle East and Africa Electric Steel Market, by Country, 2020-2028 (In $ Million)
Table 2: Market Attractiveness Index
Table 3: Vendor Scorecard
Table 4: Regulatory Framework
Table 5: Middle East and Africa Electric Steel Market, by Type, 2020-2028 (In $ Million)
Table 6: Middle East and Africa Electric Steel Market, by Grain-Oriented Steel, 2020-2028 (In $ Million)
Table 7: Middle East and Africa Electric Steel Market, by Application, 2020-2028 (In $ Million)
Table 8: Middle East and Africa Electric Steel Market, by Transformers, 2020-2028 (In $ Million)
Table 9: Middle East and Africa Electric Steel Market, by End-User, 2020-2028 (In $ Million)
Table 10: Middle East and Africa Electric Steel Market, by Country, 2020-2028 (In $ Million)

List of Figures
Figure 1: Timeline of Electric Steel
Figure 2: Porter's Five Force Analysis
Figure 3: Key Buying Impact Analysis
Figure 4: Industry Components
Figure 5: Manufacturing Process of Electric Steel
Figure 6: Middle East and Africa Electric Steel Market, by Grain-Oriented Steel, 2020-2028 (In $ Million)
Figure 7: Middle East and Africa Electric Steel Market, by Fully Processed Grain-Oriented Steel, 2020-2028 (In $ Million)
Figure 8: Middle East and Africa Electric Steel Market, by Semi Processed Grain-Oriented Steel, 2020-2028 (In $ Million)
Figure 9: Middle East and Africa Electric Steel Market, by Non-Grain-Oriented Steel, 2020-2028 (In $ Million)
Figure 10: Middle East and Africa Electric Steel Market, by Transformers, 2020-2028 (In $ Million)
Figure 11: Middle East and Africa Electric Steel Market, by Current Transformers, 2020-2028 (In $ Million)
Figure 12: Middle East and Africa Electric Steel Market, by Power Transformers, 2020-2028 (In $ Million)
Figure 13: Middle East and Africa Electric Steel Market, by Distribution Transformers, 2020-2028 (In $ Million)
Figure 14: Middle East and Africa Electric Steel Market, by Motors, 2020-2028 (In $ Million)
Figure 15: Middle East and Africa Electric Steel Market, by Inductors, 2020-2028 (In $ Million)
Figure 16: Middle East and Africa Electric Steel Market, by Others, 2020-2028 (In $ Million)
Figure 17: Middle East and Africa Electric Steel Market, by Energy, 2020-2028 (In $ Million)
Figure 18: Middle East and Africa Electric Steel Market, by Automobiles, 2020-2028 (In $ Million)
Figure 19: Middle East and Africa Electric Steel Market, by Manufacturing, 2020-2028 (In $ Million)
Figure 20: Middle East and Africa Electric Steel Market, by Household Appliances, 2020-2028 (In $ Million)
Figure 21: Middle East and Africa Electric Steel Market, by Others, 2020-2028 (In $ Million)
Figure 22: Middle East and Africa Electric Steel Market, Regional Outlook, 2019 & 2028 (In %)
Figure 23: United Arab Emirates Electric Steel Market, 2020-2028 (In $ Million)
Figure 24: Turkey Electric Steel Market, 2020-2028 (In $ Million)
Figure 25: Saudi Arabia Electric Steel Market, 2020-2028 (In $ Million)
Figure 26: South Africa Electric Steel Market, 2020-2028 (In $ Million)
Figure 27: Rest of Middle East & Africa Electric Steel Market, 2020-2028 (In $ Million)
Note: Product cover images may vary from those shown
  • Arcelormittal
  • Arnold Magnetic Technologies
  • Baosteel Group
  • Chinasteel
  • AK Steel Corporation
  • Nippon Steel Corporation
  • Orchids International
  • Posco
  • Sko-Die Inc
  • Sail (Steel Authority of India Limited)
  • Thyssenkrupp AG
  • BRS (Big River Steel)
  • Voestalpine AG
  • Tata Steel
  • JFE Steel Corporation
Note: Product cover images may vary from those shown

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