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Global Electric Steel Market Research Report 2025

Industry: Chemical & Material

Published Date: 2025-02-24

Pages: 113 Pages

Report ld: 4195543

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Table of Contents
Table of Figures
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Description
Table of Contents
Table of Figures
Related Reports
PDF Download

Electric Steel Market Size(US$)

CAGR 2025-2031

4.4%

Market Size,2031

USD 38,420

Million

Market Snapshot

Market Size in 2025 (Value)

US$ 29,670 million

Market Forecast in 2031(Value)

US$ 38,420 million

CAGR

4.4%

Years Considered

2020-2031

Base Year

2025

Forecast Period

2025-2031

Source: Secondary research, interviews with experts, and QYResearch analysis

The global market for Electric Steel was valued at US$ 28540 million in the year 2024 and is projected to reach a revised size of US$ 38420 million by 2031, growing at a CAGR of 4.4% during the forecast period.

Electrical steel is an alloy that contains iron and silicon. It can be manufactured by modifying the magnetic properties of steel for efficient magnetism and electricity conversion. Also called silicon steel, lamination steel, relay steel or transformer steel, this type of steel is very often used to build the cores of transformers as well as the stators of generators and motors. An electrical steel sheet is a functional material used as an iron core material for electrical equipment. There are two types of electrical steel sheet: grain-oriented electrical steel sheet and non-oriented electrical steel sheet, and they are used for different applications. In this report we researched the two types of steel sheet respectively. Market competition is JFE Steel, NLMK Group, Posco, NSSMC, ThyssenKrupp, AK Steel, Nucor, Voestalpine, TATA Steel, ArcelorMittal, CSC, WISCO, Baosteel, Ansteel, Shougang, Benxi Steel, TISCO, Masteel, Stalprodukt S.A., ATI, are the leaders of the industry, and they hold key technologies and patents, with high-end customers.

The global electrical Steel market is dominated by Baowu, ArcelorMittal, JFE Steel, Shougang, NSMC, NLMK Group, etc. The top six manufacturers account for about 55% of the market share.

China is the largest market for electrical steel with a market share of about 50%, followed by Europe with a market share of about 20%.

MARKET SEGMENTATION

By Company

Baowu
ArcelorMittal
JFE Steel
Shougang
TISCO
NSSMC
NLMK Group
AK Steel
ThyssenKrupp
Ansteel
Masteel
Posco
Cogent(Tata Steel)
Voestalpine
Benxi Steel
APERAM
Nucor
ATI
Stalprodukt S.A.
CSC

Consumption by Region

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA

Segment by Type

Carbon Steel
Alloy Steel
Others

Segment by Application

Industrial
Aerospace
Municipal Infrastructure
Others

biaoTi REPORT SCOPE

This report aims to provide a comprehensive presentation of the global market for Electric Steel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Steel.

The Electric Steel market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Electric Steel market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Electric Steel manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

biaoTi CHAPTER OUTLINE

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Electric Steel manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Electric Steel by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Electric Steel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.

biaoTi QYRESEARCH'S STRENGTHS

Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:

Market entry risks/opportunities by region

We identify regional market threats and growth prospects to guide your overseas layout.

Product mix optimization based on local practices

We adjust product portfolios in line with local consumption habits.

Competitor tactics in fragmented vs. consolidated markets

We unpack rivals’ operation strategies for scattered and highly concentrated industries.

Full Research Coverage

We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.

19 Years Industry Expertise

We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.

24/7 Fast Report Delivery

Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.

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We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.

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TABLE OF CONTENTS

1 Electric Steel Market Overview

1.1 Product Definition

1.2 Electric Steel by Type

1.2.1 Global Electric Steel Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 Carbon Steel

1.2.3 Alloy Steel

1.2.4 Others

1.3 Electric Steel by Application

1.3.1 Global Electric Steel Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Industrial

1.3.3 Aerospace

1.3.4 Municipal Infrastructure

1.3.5 Others

1.4 Global Market Growth Prospects

1.4.1 Global Electric Steel Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global Electric Steel Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global Electric Steel Production Estimates and Forecasts (2020-2031)

1.4.4 Global Electric Steel Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Electric Steel Production Market Share by Manufacturers (2020-2025)

2.2 Global Electric Steel Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of Electric Steel, Industry Ranking, 2023 VS 2024

2.4 Global Electric Steel Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global Electric Steel Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of Electric Steel, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Electric Steel, Product Offered and Application

2.8 Global Key Manufacturers of Electric Steel, Date of Enter into This Industry

2.9 Electric Steel Market Competitive Situation and Trends

2.9.1 Electric Steel Market Concentration Rate

2.9.2 Global 5 and 10 Largest Electric Steel Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Electric Steel Production by Region

3.1 Global Electric Steel Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global Electric Steel Production Value by Region (2020-2031)

3.2.1 Global Electric Steel Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of Electric Steel by Region (2026-2031)

3.3 Global Electric Steel Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global Electric Steel Production Volume by Region (2020-2031)

3.4.1 Global Electric Steel Production by Region (2020-2025)

3.4.2 Global Forecasted Production of Electric Steel by Region (2026-2031)

3.5 Global Electric Steel Market Price Analysis by Region (2020-2025)

3.6 Global Electric Steel Production and Value, Year-over-Year Growth

3.6.1 North America Electric Steel Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe Electric Steel Production Value Estimates and Forecasts (2020-2031)

3.6.3 China Electric Steel Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan Electric Steel Production Value Estimates and Forecasts (2020-2031)

4 Electric Steel Consumption by Region

4.1 Global Electric Steel Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global Electric Steel Consumption by Region (2020-2031)

4.2.1 Global Electric Steel Consumption by Region (2020-2025)

4.2.2 Global Electric Steel Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America Electric Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America Electric Steel Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Electric Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe Electric Steel Consumption by Country (2020-2031)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Russia

4.5 Asia Pacific

4.5.1 Asia Pacific Electric Steel Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific Electric Steel Consumption by Region (2020-2031)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa Electric Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa Electric Steel Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global Electric Steel Production by Type (2020-2031)

5.1.1 Global Electric Steel Production by Type (2020-2025)

5.1.2 Global Electric Steel Production by Type (2026-2031)

5.1.3 Global Electric Steel Production Market Share by Type (2020-2031)

5.2 Global Electric Steel Production Value by Type (2020-2031)

5.2.1 Global Electric Steel Production Value by Type (2020-2025)

5.2.2 Global Electric Steel Production Value by Type (2026-2031)

5.2.3 Global Electric Steel Production Value Market Share by Type (2020-2031)

5.3 Global Electric Steel Price by Type (2020-2031)

6 Segment by Application

6.1 Global Electric Steel Production by Application (2020-2031)

6.1.1 Global Electric Steel Production by Application (2020-2025)

6.1.2 Global Electric Steel Production by Application (2026-2031)

6.1.3 Global Electric Steel Production Market Share by Application (2020-2031)

6.2 Global Electric Steel Production Value by Application (2020-2031)

6.2.1 Global Electric Steel Production Value by Application (2020-2025)

6.2.2 Global Electric Steel Production Value by Application (2026-2031)

6.2.3 Global Electric Steel Production Value Market Share by Application (2020-2031)

6.3 Global Electric Steel Price by Application (2020-2031)

7 Key Companies Profiled

7.1 Baowu

7.1.1 Baowu Electric Steel Company Information

7.1.2 Baowu Electric Steel Product Portfolio

7.1.3 Baowu Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.1.4 Baowu Main Business and Markets Served

7.1.5 Baowu Recent Developments/Updates

7.2 ArcelorMittal

7.2.1 ArcelorMittal Electric Steel Company Information

7.2.2 ArcelorMittal Electric Steel Product Portfolio

7.2.3 ArcelorMittal Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.2.4 ArcelorMittal Main Business and Markets Served

7.2.5 ArcelorMittal Recent Developments/Updates

7.3 JFE Steel

7.3.1 JFE Steel Electric Steel Company Information

7.3.2 JFE Steel Electric Steel Product Portfolio

7.3.3 JFE Steel Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.3.4 JFE Steel Main Business and Markets Served

7.3.5 JFE Steel Recent Developments/Updates

7.4 Shougang

7.4.1 Shougang Electric Steel Company Information

7.4.2 Shougang Electric Steel Product Portfolio

7.4.3 Shougang Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.4.4 Shougang Main Business and Markets Served

7.4.5 Shougang Recent Developments/Updates

7.5 TISCO

7.5.1 TISCO Electric Steel Company Information

7.5.2 TISCO Electric Steel Product Portfolio

7.5.3 TISCO Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.5.4 TISCO Main Business and Markets Served

7.5.5 TISCO Recent Developments/Updates

7.6 NSSMC

7.6.1 NSSMC Electric Steel Company Information

7.6.2 NSSMC Electric Steel Product Portfolio

7.6.3 NSSMC Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.6.4 NSSMC Main Business and Markets Served

7.6.5 NSSMC Recent Developments/Updates

7.7 NLMK Group

7.7.1 NLMK Group Electric Steel Company Information

7.7.2 NLMK Group Electric Steel Product Portfolio

7.7.3 NLMK Group Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.7.4 NLMK Group Main Business and Markets Served

7.7.5 NLMK Group Recent Developments/Updates

7.8 AK Steel

7.8.1 AK Steel Electric Steel Company Information

7.8.2 AK Steel Electric Steel Product Portfolio

7.8.3 AK Steel Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.8.4 AK Steel Main Business and Markets Served

7.8.5 AK Steel Recent Developments/Updates

7.9 ThyssenKrupp

7.9.1 ThyssenKrupp Electric Steel Company Information

7.9.2 ThyssenKrupp Electric Steel Product Portfolio

7.9.3 ThyssenKrupp Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.9.4 ThyssenKrupp Main Business and Markets Served

7.9.5 ThyssenKrupp Recent Developments/Updates

7.10 Ansteel

7.10.1 Ansteel Electric Steel Company Information

7.10.2 Ansteel Electric Steel Product Portfolio

7.10.3 Ansteel Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Ansteel Main Business and Markets Served

7.10.5 Ansteel Recent Developments/Updates

7.11 Masteel

7.11.1 Masteel Electric Steel Company Information

7.11.2 Masteel Electric Steel Product Portfolio

7.11.3 Masteel Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.11.4 Masteel Main Business and Markets Served

7.11.5 Masteel Recent Developments/Updates

7.12 Posco

7.12.1 Posco Electric Steel Company Information

7.12.2 Posco Electric Steel Product Portfolio

7.12.3 Posco Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.12.4 Posco Main Business and Markets Served

7.12.5 Posco Recent Developments/Updates

7.13 Cogent(Tata Steel)

7.13.1 Cogent(Tata Steel) Electric Steel Company Information

7.13.2 Cogent(Tata Steel) Electric Steel Product Portfolio

7.13.3 Cogent(Tata Steel) Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.13.4 Cogent(Tata Steel) Main Business and Markets Served

7.13.5 Cogent(Tata Steel) Recent Developments/Updates

7.14 Voestalpine

7.14.1 Voestalpine Electric Steel Company Information

7.14.2 Voestalpine Electric Steel Product Portfolio

7.14.3 Voestalpine Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.14.4 Voestalpine Main Business and Markets Served

7.14.5 Voestalpine Recent Developments/Updates

7.15 Benxi Steel

7.15.1 Benxi Steel Electric Steel Company Information

7.15.2 Benxi Steel Electric Steel Product Portfolio

7.15.3 Benxi Steel Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.15.4 Benxi Steel Main Business and Markets Served

7.15.5 Benxi Steel Recent Developments/Updates

7.16 APERAM

7.16.1 APERAM Electric Steel Company Information

7.16.2 APERAM Electric Steel Product Portfolio

7.16.3 APERAM Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.16.4 APERAM Main Business and Markets Served

7.16.5 APERAM Recent Developments/Updates

7.17 Nucor

7.17.1 Nucor Electric Steel Company Information

7.17.2 Nucor Electric Steel Product Portfolio

7.17.3 Nucor Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.17.4 Nucor Main Business and Markets Served

7.17.5 Nucor Recent Developments/Updates

7.18 ATI

7.18.1 ATI Electric Steel Company Information

7.18.2 ATI Electric Steel Product Portfolio

7.18.3 ATI Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.18.4 ATI Main Business and Markets Served

7.18.5 ATI Recent Developments/Updates

7.19 Stalprodukt S.A.

7.19.1 Stalprodukt S.A. Electric Steel Company Information

7.19.2 Stalprodukt S.A. Electric Steel Product Portfolio

7.19.3 Stalprodukt S.A. Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.19.4 Stalprodukt S.A. Main Business and Markets Served

7.19.5 Stalprodukt S.A. Recent Developments/Updates

7.20 CSC

7.20.1 CSC Electric Steel Company Information

7.20.2 CSC Electric Steel Product Portfolio

7.20.3 CSC Electric Steel Production, Value, Price and Gross Margin (2020-2025)

7.20.4 CSC Main Business and Markets Served

7.20.5 CSC Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Electric Steel Industry Chain Analysis

8.2 Electric Steel Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Electric Steel Production Mode & Process Analysis

8.4 Electric Steel Sales and Marketing

8.4.1 Electric Steel Sales Channels

8.4.2 Electric Steel Distributors

8.5 Electric Steel Customer Analysis

9 Electric Steel Market Dynamics

9.1 Electric Steel Industry Trends

9.2 Electric Steel Market Drivers

9.3 Electric Steel Market Challenges

9.4 Electric Steel Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

TABLE OF FIGURES

List of Tables

Table 1. Global Electric Steel Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global Electric Steel Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global Electric Steel Production Capacity (K MT) by Manufacturers in 2024

Table 4. Global Electric Steel Production by Manufacturers (2020-2025) & (K MT)

Table 5. Global Electric Steel Production Market Share by Manufacturers (2020-2025)

Table 6. Global Electric Steel Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global Electric Steel Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of Electric Steel, Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Electric Steel as of 2024)

Table 10. Global Market Electric Steel Average Price by Manufacturers (USD/MT) & (2020-2025)

Table 11. Global Key Manufacturers of Electric Steel, Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of Electric Steel, Product Offered and Application

Table 13. Global Key Manufacturers of Electric Steel, Date of Enter into This Industry

Table 14. Global Electric Steel Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Electric Steel Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global Electric Steel Production Value (US$ Million) by Region (2020-2025)

Table 18. Global Electric Steel Production Value Market Share by Region (2020-2025)

Table 19. Global Electric Steel Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global Electric Steel Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global Electric Steel Production Comparison by Region: 2020 VS 2024 VS 2031 (K MT)

Table 22. Global Electric Steel Production (K MT) by Region (2020-2025)

Table 23. Global Electric Steel Production Market Share by Region (2020-2025)

Table 24. Global Electric Steel Production (K MT) Forecast by Region (2026-2031)

Table 25. Global Electric Steel Production Market Share Forecast by Region (2026-2031)

Table 26. Global Electric Steel Market Average Price (USD/MT) by Region (2020-2025)

Table 27. Global Electric Steel Market Average Price (USD/MT) by Region (2026-2031)

Table 28. Global Electric Steel Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K MT)

Table 29. Global Electric Steel Consumption by Region (2020-2025) & (K MT)

Table 30. Global Electric Steel Consumption Market Share by Region (2020-2025)

Table 31. Global Electric Steel Forecasted Consumption by Region (2026-2031) & (K MT)

Table 32. Global Electric Steel Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America Electric Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)

Table 34. North America Electric Steel Consumption by Country (2020-2025) & (K MT)

Table 35. North America Electric Steel Consumption by Country (2026-2031) & (K MT)

Table 36. Europe Electric Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)

Table 37. Europe Electric Steel Consumption by Country (2020-2025) & (K MT)

Table 38. Europe Electric Steel Consumption by Country (2026-2031) & (K MT)

Table 39. Asia Pacific Electric Steel Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K MT)

Table 40. Asia Pacific Electric Steel Consumption by Region (2020-2025) & (K MT)

Table 41. Asia Pacific Electric Steel Consumption by Region (2026-2031) & (K MT)

Table 42. Latin America, Middle East & Africa Electric Steel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)

Table 43. Latin America, Middle East & Africa Electric Steel Consumption by Country (2020-2025) & (K MT)

Table 44. Latin America, Middle East & Africa Electric Steel Consumption by Country (2026-2031) & (K MT)

Table 45. Global Electric Steel Production (K MT) by Type (2020-2025)

Table 46. Global Electric Steel Production (K MT) by Type (2026-2031)

Table 47. Global Electric Steel Production Market Share by Type (2020-2025)

Table 48. Global Electric Steel Production Market Share by Type (2026-2031)

Table 49. Global Electric Steel Production Value (US$ Million) by Type (2020-2025)

Table 50. Global Electric Steel Production Value (US$ Million) by Type (2026-2031)

Table 51. Global Electric Steel Production Value Market Share by Type (2020-2025)

Table 52. Global Electric Steel Production Value Market Share by Type (2026-2031)

Table 53. Global Electric Steel Price (USD/MT) by Type (2020-2025)

Table 54. Global Electric Steel Price (USD/MT) by Type (2026-2031)

Table 55. Global Electric Steel Production (K MT) by Application (2020-2025)

Table 56. Global Electric Steel Production (K MT) by Application (2026-2031)

Table 57. Global Electric Steel Production Market Share by Application (2020-2025)

Table 58. Global Electric Steel Production Market Share by Application (2026-2031)

Table 59. Global Electric Steel Production Value (US$ Million) by Application (2020-2025)

Table 60. Global Electric Steel Production Value (US$ Million) by Application (2026-2031)

Table 61. Global Electric Steel Production Value Market Share by Application (2020-2025)

Table 62. Global Electric Steel Production Value Market Share by Application (2026-2031)

Table 63. Global Electric Steel Price (USD/MT) by Application (2020-2025)

Table 64. Global Electric Steel Price (USD/MT) by Application (2026-2031)

Table 65. Baowu Electric Steel Company Information

Table 66. Baowu Electric Steel Specification and Application

Table 67. Baowu Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 68. Baowu Main Business and Markets Served

Table 69. Baowu Recent Developments/Updates

Table 70. ArcelorMittal Electric Steel Company Information

Table 71. ArcelorMittal Electric Steel Specification and Application

Table 72. ArcelorMittal Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 73. ArcelorMittal Main Business and Markets Served

Table 74. ArcelorMittal Recent Developments/Updates

Table 75. JFE Steel Electric Steel Company Information

Table 76. JFE Steel Electric Steel Specification and Application

Table 77. JFE Steel Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 78. JFE Steel Main Business and Markets Served

Table 79. JFE Steel Recent Developments/Updates

Table 80. Shougang Electric Steel Company Information

Table 81. Shougang Electric Steel Specification and Application

Table 82. Shougang Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 83. Shougang Main Business and Markets Served

Table 84. Shougang Recent Developments/Updates

Table 85. TISCO Electric Steel Company Information

Table 86. TISCO Electric Steel Specification and Application

Table 87. TISCO Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 88. TISCO Main Business and Markets Served

Table 89. TISCO Recent Developments/Updates

Table 90. NSSMC Electric Steel Company Information

Table 91. NSSMC Electric Steel Specification and Application

Table 92. NSSMC Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 93. NSSMC Main Business and Markets Served

Table 94. NSSMC Recent Developments/Updates

Table 95. NLMK Group Electric Steel Company Information

Table 96. NLMK Group Electric Steel Specification and Application

Table 97. NLMK Group Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 98. NLMK Group Main Business and Markets Served

Table 99. NLMK Group Recent Developments/Updates

Table 100. AK Steel Electric Steel Company Information

Table 101. AK Steel Electric Steel Specification and Application

Table 102. AK Steel Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 103. AK Steel Main Business and Markets Served

Table 104. AK Steel Recent Developments/Updates

Table 105. ThyssenKrupp Electric Steel Company Information

Table 106. ThyssenKrupp Electric Steel Specification and Application

Table 107. ThyssenKrupp Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 108. ThyssenKrupp Main Business and Markets Served

Table 109. ThyssenKrupp Recent Developments/Updates

Table 110. Ansteel Electric Steel Company Information

Table 111. Ansteel Electric Steel Specification and Application

Table 112. Ansteel Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 113. Ansteel Main Business and Markets Served

Table 114. Ansteel Recent Developments/Updates

Table 115. Masteel Electric Steel Company Information

Table 116. Masteel Electric Steel Specification and Application

Table 117. Masteel Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 118. Masteel Main Business and Markets Served

Table 119. Masteel Recent Developments/Updates

Table 120. Posco Electric Steel Company Information

Table 121. Posco Electric Steel Specification and Application

Table 122. Posco Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 123. Posco Main Business and Markets Served

Table 124. Posco Recent Developments/Updates

Table 125. Cogent(Tata Steel) Electric Steel Company Information

Table 126. Cogent(Tata Steel) Electric Steel Specification and Application

Table 127. Cogent(Tata Steel) Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 128. Cogent(Tata Steel) Main Business and Markets Served

Table 129. Cogent(Tata Steel) Recent Developments/Updates

Table 130. Voestalpine Electric Steel Company Information

Table 131. Voestalpine Electric Steel Specification and Application

Table 132. Voestalpine Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 133. Voestalpine Main Business and Markets Served

Table 134. Voestalpine Recent Developments/Updates

Table 135. Benxi Steel Electric Steel Company Information

Table 136. Benxi Steel Electric Steel Specification and Application

Table 137. Benxi Steel Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 138. Benxi Steel Main Business and Markets Served

Table 139. Benxi Steel Recent Developments/Updates

Table 140. APERAM Electric Steel Company Information

Table 141. APERAM Electric Steel Specification and Application

Table 142. APERAM Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 143. APERAM Main Business and Markets Served

Table 144. APERAM Recent Developments/Updates

Table 145. Nucor Electric Steel Company Information

Table 146. Nucor Electric Steel Specification and Application

Table 147. Nucor Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 148. Nucor Main Business and Markets Served

Table 149. Nucor Recent Developments/Updates

Table 150. ATI Electric Steel Company Information

Table 151. ATI Electric Steel Specification and Application

Table 152. ATI Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 153. ATI Main Business and Markets Served

Table 154. ATI Recent Developments/Updates

Table 155. Stalprodukt S.A. Electric Steel Company Information

Table 156. Stalprodukt S.A. Electric Steel Specification and Application

Table 157. Stalprodukt S.A. Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 158. Stalprodukt S.A. Main Business and Markets Served

Table 159. Stalprodukt S.A. Recent Developments/Updates

Table 160. CSC Electric Steel Company Information

Table 161. CSC Electric Steel Specification and Application

Table 162. CSC Electric Steel Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 163. CSC Main Business and Markets Served

Table 164. CSC Recent Developments/Updates

Table 165. Key Raw Materials Lists

Table 166. Raw Materials Key Suppliers Lists

Table 167. Electric Steel Distributors List

Table 168. Electric Steel Customers List

Table 169. Electric Steel Market Trends

Table 170. Electric Steel Market Drivers

Table 171. Electric Steel Market Challenges

Table 172. Electric Steel Market Restraints

Table 173. Research Programs/Design for This Report

Table 174. Key Data Information from Secondary Sources

Table 175. Key Data Information from Primary Sources

Table 176. Authors List of This Report

List of Figures

Figure 1. Product Picture of Electric Steel

Figure 2. Global Electric Steel Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global Electric Steel Market Share by Type: 2024 VS 2031

Figure 4. Carbon Steel Product Picture

Figure 5. Alloy Steel Product Picture

Figure 6. Others Product Picture

Figure 7. Global Electric Steel Market Value by Application, (US$ Million) & (2020-2031)

Figure 8. Global Electric Steel Market Share by Application: 2024 VS 2031

Figure 9. Industrial

Figure 10. Aerospace

Figure 11. Municipal Infrastructure

Figure 12. Others

Figure 13. Global Electric Steel Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 14. Global Electric Steel Production Value (US$ Million) & (2020-2031)

Figure 15. Global Electric Steel Production Capacity (K MT) & (2020-2031)

Figure 16. Global Electric Steel Production (K MT) & (2020-2031)

Figure 17. Global Electric Steel Average Price (USD/MT) & (2020-2031)

Figure 18. Electric Steel Report Years Considered

Figure 19. Electric Steel Production Share by Manufacturers in 2024

Figure 20. Global Electric Steel Production Value Share by Manufacturers (2024)

Figure 21. Electric Steel Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 22. The Global 5 and 10 Largest Players: Market Share by Electric Steel Revenue in 2024

Figure 23. Global Electric Steel Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 24. Global Electric Steel Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 25. Global Electric Steel Production Comparison by Region: 2020 VS 2024 VS 2031 (K MT)

Figure 26. Global Electric Steel Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 27. North America Electric Steel Production Value (US$ Million) Growth Rate (2020-2031)

Figure 28. Europe Electric Steel Production Value (US$ Million) Growth Rate (2020-2031)

Figure 29. China Electric Steel Production Value (US$ Million) Growth Rate (2020-2031)

Figure 30. Japan Electric Steel Production Value (US$ Million) Growth Rate (2020-2031)

Figure 31. Global Electric Steel Consumption by Region: 2020 VS 2024 VS 2031 (K MT)

Figure 32. Global Electric Steel Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 33. North America Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 34. North America Electric Steel Consumption Market Share by Country (2020-2031)

Figure 35. U.S. Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 36. Canada Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 37. Europe Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 38. Europe Electric Steel Consumption Market Share by Country (2020-2031)

Figure 39. Germany Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 40. France Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 41. U.K. Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 42. Italy Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 43. Russia Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 44. Asia Pacific Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 45. Asia Pacific Electric Steel Consumption Market Share by Region (2020-2031)

Figure 46. China Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 47. Japan Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 48. South Korea Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 49. China Taiwan Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 50. Southeast Asia Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 51. India Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 52. Latin America, Middle East & Africa Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 53. Latin America, Middle East & Africa Electric Steel Consumption Market Share by Country (2020-2031)

Figure 54. Mexico Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 55. Brazil Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 56. Turkey Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 57. GCC Countries Electric Steel Consumption and Growth Rate (2020-2031) & (K MT)

Figure 58. Global Production Market Share of Electric Steel by Type (2020-2031)

Figure 59. Global Production Value Market Share of Electric Steel by Type (2020-2031)

Figure 60. Global Electric Steel Price (USD/MT) by Type (2020-2031)

Figure 61. Global Production Market Share of Electric Steel by Application (2020-2031)

Figure 62. Global Production Value Market Share of Electric Steel by Application (2020-2031)

Figure 63. Global Electric Steel Price (USD/MT) by Application (2020-2031)

Figure 64. Electric Steel Value Chain

Figure 65. Channels of Distribution (Direct Vs Distribution)

Figure 66. Bottom-up and Top-down Approaches for This Report

Figure 67. Data Triangulation

KEY QUESTIONS ADDRESSED BY THE REPORT

Which region is expected to have the highest market share? zhanKai

For each regional market, the report conducted in-depth comparative analysis from multiple dimensions such as market size, 4.4% compound annual growth rate, market demand, industrial structure, policy environment, and the layout of major enterprises. It systematically summarized the market characteristics and competitive environment of different regions. At the same time, it also focused on analyzing the demand structure, market growth drivers, and investment environment of each region, providing valuable references for enterprises to identify key regional markets, formulate global market layouts and sales strategies.

Which companies rank high in the global Electric Steel market? shouQi

What was the global market size of Electric Steel in 2031? shouQi

What is the annual compound growth rate of the global Electric Steel market size from 2025 to 2031? shouQi

What was the global market size of Electric Steel in 2025? shouQi

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