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- Electrical Steel Market Is Driven By Increasing Demand For Transformers And MotorsKey players operating in the electrical steel market include Yara International ASA, The Mosaic Company, Nutrien Ltd., BASF SE, Agrium Inc. (acquired by Nutrien). Electrical steel finds widespread application in power generation, transmission and distribution systems. Rising investments in grid infrastructure expansion, especially in developing nations has augmented the demand for transformers...0 Comments 0 Shares 1175 Views 0 Reviews
- Electrical Steel Market Poised for Strong Growth by 2031 Amid Rising Demand for Energy-Efficient MaterialsThe Electrical Steel Market size was valued at USD 40.0 billion in 2023 and is expected to reach USD 77.3 billion by 2031 with a growing CAGR of 8.6% over the forecast period of 2024–2031. Electrical steel, also known as silicon steel or transformer steel, is an alloy primarily made up of iron and silicon. Its unique properties, including high permeability, low core...
- The Electrical Steel Market Is Estimated To Witness High Growth Owing To Increasing Demand For TransformersMarket Overview: Electrical steel, also known as silicon steel, is widely used in power generation, transmission and distribution equipment like transformers and motors. It provides low resistance path for magnetic flux while possessing high permeability leading to reduced power losses in electrical equipment. It comes in various forms like oriented, non-oriented and cold-rolled electrical...0 Comments 0 Shares 1259 Views 0 Reviews
- The U.S. Copper Clad Steel Wire Market Is Estimated To Witness High Growth Owing To Increasing Demand from Electrical and Electronics IndustriesThe U.S. Copper Clad Steel Wire Market is estimated to be valued at US$2,613.22 Mn in 2023 and is expected to exhibit a CAGR of 2.48% over the forecast period of 2021 to 2028, as highlighted in a new report published by Coherent Market Insights.Market Overview:Copper clad steel wire is widely used in various industries, including electrical and electronics, automotive, telecommunications, and...0 Comments 0 Shares 1505 Views 0 Reviews
- Global Electrical Steel Market to Witness an Outstanding Growth by 2030latest recently released a research report titled global Global Electrical Steel market insight, forecast to 2030, which assesses various factors influencing its trajectory. The report presents a high-quality, accurate, and comprehensive research study to provide players with valuable insights for making strategic business decisions. The research analysts have conducted an in-depth...0 Comments 0 Shares 1819 Views 0 Reviews