Allied Market Research

2025

Non-oriented Electrical Steel Market

Non-oriented Electrical Steel Market, by End-user Industry (Energy, Automotive, Industrial), by Production Process (Cold Rolling, Annealing) and, by Product Type (Non-grain Oriented (NGO) Electrical Steel, Grain Oriented (GO) Electrical Steel): Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Eswara Prasad
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The report offers a thorough analysis of the global Non-oriented electrical steel market with detailed study of various aspects such as market dynamics, vital segments, major geographies, key players, and competitive landscape to understand the market dynamics. It further highlights the current trends and key areas of investment. In addition, this research focuses on the primary regions such as North America, Europe, Asia-Pacific, and LAMEA. The key countries analyzed in this report are the U.S., Germany, the UK, Japan, India, South Korea, and China.

The report emphasizes on current market scenario and future trends of the global Non-oriented electrical steel market. Moreover, a cumulative effect of the drivers, challenges, restraints, and potential opportunities are likely to expose a few niche market opportunities that can be capitalized by companies. The report further highlights the key forces that are shaping the market. Furthermore, it provides Porter’s five forces analysis, which precisely underlines the impact of suppliers, industry rivals, new entrants, substitute products, and buyers on the global market.

In addition, the report provides market size and forecast scrutinizing global Non-oriented electrical steel market through different segments. It further outlines the geographical analysis of these segments, and each segment is thoroughly studied at regional as well as country levels to get clearer picture of the market. The global market is analyzed across four major regions, including North America, Europe, Asia-Pacific, and LAMEA. These regions are further divided into major countries to cover global market landscape.

Furthermore, competitive scenario of the global market is covered in the report. In addition, major players functioning in the Non-oriented electrical steel market are studied to understand their position and competitive strengths. The study profiles major companies along with their brief overview, recent financials, main executives, adoption of key growth strategies, and novel advancements or initiatives to sustain & expand their position in the global Non-oriented electrical steel market. The last section of the report highlights company profiles and competition landscape. The company profile section of the report will provide SWOT analysis, company overviews, financials, investment feasibility, return analysis, and peer comparison analysis.

Key companies identified in the report are AK Steel, Nucor Corporation, JFE Steel Corporation, Lannett Company Inc., Nippon Steel and Sumitomo Metal Corporation, ThyssenKrupp AG, Pohang Iron and Steel Company Ltd (POSCO), Cogent Power Ltd, JSW Steel Ltd., Voestalpine Group

Non-oriented Electrical Steel Market, by End-user Industry Report Highlights

Aspects Details
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By End-user Industry
  • Energy
  • Automotive
  • Industrial
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By Production Process
  • Cold Rolling
  • Annealing
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By Product Type
  • Non-grain Oriented (NGO) Electrical Steel
  • Grain Oriented (GO) Electrical Steel
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

ThyssenKrupp AG, Nucor Corporation, Nippon Steel and Sumitomo Metal Corporation, AK Steel, Cogent Power Ltd, Voestalpine Group, JSW Steel Ltd., Lannett Company Inc., Pohang Iron and Steel Company Ltd (POSCO), JFE Steel Corporation

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Non-oriented Electrical Steel Market, by End-user Industry

Opportunity Analysis and Industry Forecast, 2023-2032