Market revenue in 2023 | USD 251.0 million |
Market revenue in 2030 | USD 369.1 million |
Growth rate | 5.7% (CAGR from 2023 to 2030) |
Largest segment | Non-grain oriented |
Fastest growing segment | Grain Oriented |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Grain Oriented, Non-Grain Oriented |
Key market players worldwide | ArcelorMittal SA Depository Receipt, Cleveland-Cliffs Inc, JFE Holdings Inc, Nippon Steel Corp, POSCO Holdings Inc ADR, Tata Steel Ltd GDR - 144A, Thyssenkrupp AG |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electrical steel market will help companies and investors design strategic landscapes.
Non-grain oriented was the largest segment with a revenue share of 72.75% in 2023. Horizon Databook has segmented the Brazil electrical steel market based on grain oriented, non-grain oriented covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil being the largest country in both South America and Latin America holds potential growth opportunity for the growth of the electrical steel market. The country had planned for energy expansion despite peaking investment in micro-generation and smart grids.
The erection of a grid and expansion of transmission line enables the use of transformers which in turn fuels the demand for electrical steel for making transformer core. For instance, in March 2021, the government had planned to add 11,131 km of transmission line to the power grid.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil electrical steel market , including forecasts for subscribers. This country databook contains high-level insights into Brazil electrical steel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account