Electrical Steel Market Outlook
£7,995
Description
Electrical steel market size and outlook report, grain oriented electrical steel (GOES), by non-grain oriented electrical steel (NGOES) by applications (transformers, transport, wind energy, white goods, electric motors and others), by demand, by volume and value terms, 2020- 2029
Market Insight
Electrical steel demand is expected to grow moderately over the next ten year. However, year-on-year demand growth will be trending upward owing to factors such as rising production of electric vehicles, smart transformers and wind turbines. Commodity Inside ascertains that electrical steel demand will reach nearly 20 million tonnes by 2029.
China will continue to be the largest producer and consumer of electrical steel in the world as it is the most significant consumer of electricity as well as the largest exporter of electrical goods. In China, future demand for grain oriented electrical steel (GOES) demand would be mainly driven by the up-gradation of conventional power infrastructure to the smart grids equipped with highly efficient smart transformers. China’s fast deployment of electric vehicle charging infrastructure is also driving the demand for GOES as it is used in transformers of fast-charging stations.
Substantial growth in the Chinese wind energy and industrial sectors is also driving demand for non-grain oriented electrical steel (NGOES) for wind turbines and industrial motors. The fastest-growing electric vehicles industry is further creating a huge demand for high-efficiency NGOES in China. China’s 14th Five-Year Plan to be launched in 2020 is expected to bring some challenges and opportunities for the electrical steel market.
China will play a key role in demand and supply dynamics for the global electrical steel industry going forward. Commodity Inside expects that the global GOES market is likely to turn to the deficit by the end of the forecast period if not enough capacity added. GOES prices to be volatile at the end of the forecast period and are likely to be on a high plateau with demand in a full swing. So far, there have not been made any serious announcements for capacity additions publically, though China is regularly adding capacity quietly.
Why this report is unique, and a must-read for the electrical steel market?
In this 2020 edition of our flagship market outlook report, Commodity Inside examines the global electrical steel industry in details from various aspects including demand from various end-users perspectives and supply by grain and non-grain oriented electrical steel. The report covers the following key issues:
- How would demand and supply of GOES and NGOES perform over the next ten years?
- How has production capacity been responding to growing demand?
- Would electrical steel prices change its trajectory going forward?
- How the end-use markets are performing and what would be their implications for demand and supply of electrical steel in the coming decade?
- Would smart grids and smart transformers support the GOES demand?
- How will the electric vehicle industry provide renewed growth in terms of increased demand for electrical steel?
- What will be the key trends in electrical steel applications and how would they drive demand?
- Where will the new production capacity installed around the world?
- What would be the net exports of GOES and NGOES by producer countries?
Why should you read this report?
- Historical and forecast of demand, production, capacity and trade of GOES and NGOES by all 20 producing countries
- Analysis by leading countries and regions (Asia, Europe, Central and South America, North America, Middle East Africa and Oceania)
- Analysis by leading producers of GOES and NGOES
- Historical demand and trade by GOES and NGOES of over 100 countries
- GOES and NGOES production capacity by plant
- Historical and forecast of GOES and NGOES.
- Electrical steel demand by applications (end-use sectors): Transformers, transport, wind energy, white goods, electric motors and others
- Coverage of emerging trends such as electric vehicles, smart grids and renewable energy
- Detailed methodology of how the production numbers are extracted and demand assessed
- Detailed tables, figures and charts
- Details data is provided in Excel
Who should buy this report?
- Electrical steel producers
- Flat steel producers
- Transformers producers
- Transport industry
- Electric vehicle producers
- Motors producers
- White goods producers
- Government bodies
- Suppliers of equipment and machinery
- Industry consultants, researchers and analysts
Subject Specific Expertise:
Commodity Inside has a vast experience in the electrical steel industry. Besides one-off publications on electrical steel, it has accomplished various consulting studies in the electrical steel arena. It has advised some key GOES and NGOES electrical steel producers.
Commodity Inside analysis is underpinned by its in-depth knowledge and expertise in the steel, transformer, electric vehicles and wind energy.
Table of Contents
Chapters
Chapter 1- Executive summary
1.1: Key Takeaways
1.2: Data dashboard
1.3: Market Overview
Chapter 2- Introduction and methodology
2.1: Introduction
2.2: Methodology
Chapter 3- Asia
3.1: Market analysis and forecasts
Chapter 4- Europe
4.1: Market analysis and forecasts
Chapter 5- Central and South America
5.1: Market analysis and forecasts
Chapter 6- North America
6.1: Market analysis and forecasts
Chapter 7- Middle East, Africa and Oceania
6.1: Market analysis and forecasts
Chapter 8- End-use sectors
8.1: Transformers
8.2: Transport
8.3: Wind energy
8.4: White goods
8.5: Electric motors
8.6: Others
Chapter 9- Competitive landscape
9.1: Analysis of key electrical steel producers
Appendix A- Import and exports statistics of electrical steel by major countries 2013-2019 (volume and value)
Appendix B- Macroeconomic and demographic indicators for selected countries 2013-2028
Appendix C- Energy efficiency laws by country
List of Tables
Table 1.1: Global grain and non-grain oriented electrical steel consumption by region 2013- 2029 (‘000 tonnes)
Table 1.2: Global grain and non-grain oriented electrical steel consumption by region 2013- 2029 ($ millions)
Table 1.3: Global grain and non-grain oriented electrical steel production by region 2013- 2029 (‘000 tonnes)
Table 1.4: Global electrical steel demand, production and capacity 2013- 2029 (‘000 tonnes)
Table 1.5 Global electrical steel production capacity by country 2019 (‘000 tonnes)
Table 1.6: Global grain and non-grain oriented electrical steel price forecasts 2013- 2029 ($/t, % change)
Table 3.1: Asian grain-oriented electrical steel demand and supply 2013-2029 (‘000 tonnes, % change)
Table 3.2: Asian non-grain oriented electrical steel demand and supply 2013-2029 (‘000 tonnes, % change)
Table 3.3: Net exports of grain and non-grain oriented electrical steel in Asia 2013-2029 (‘000 tonnes, % change)
Table 3.4: Grain and non-grain oriented electrical steel production capacity in Asia by plant 2019 (‘000 tonnes)
Table 4.1: European grain-oriented electrical steel demand and supply 2013-2029 (‘000 tonnes, % change)
Table 4.2: European non-grain oriented electrical steel demand and supply 2013-2029 (‘000 tonnes, % change)
Table 4.3: Net exports of grain and non-grain oriented electrical steel in Europe 2013-2029 (‘000 tonnes, % change)
Table 4.4: Grain and non-grain oriented electrical steel production capacity in Europe by plant 2019 (‘000 tonnes)
Table 5.1: Central and South American grain-oriented electrical steel demand and supply 2013-2029 (‘000 tonnes, % change)
Table 5.2: Central and South American non-grain oriented electrical steel demand and supply 2013-2029 (‘000 tonnes, % change)
Table 5.3: Net exports of grain and non-grain oriented electrical steel in Central and South America 2013-2029 (‘000 tonnes, % change)
Table 5.4: Grain and non-grain oriented electrical steel production capacity in Central and South America by plant 2019 (‘000 tonnes)
Table 6.1: North American grain-oriented electrical steel demand and supply 2013-2029 (‘000 tonnes, % change)
Table 6.2: North American non-grain oriented electrical steel demand and supply 2013-2029 (‘000 tonnes, % change)
Table 6.3: Net exports of grain and non-grain oriented electrical steel in North America 2013-2029 (‘000 tonnes, % change)
Table 6.4: Grain and non-grain oriented electrical steel production capacity in North America by plant 2019 (‘000 tonnes)
Table 7.1: Middle Eastern, African and Oceanian grain-oriented electrical steel demand and supply 2013-2029 (‘000 tonnes, % change)
Table 7.2: Middle Eastern, African and Oceanian non-grain oriented electrical steel demand and supply 2013-2029 (‘000 tonnes, % change)
Table 7.3: Net exports of grain and non-grain oriented electrical steel in the Middle East, Africa and Oceania 2013-2029 (‘000 tonnes, % change)
Table 7.4: Grain and non-grain oriented electrical steel production capacity in the Middle East, Africa and Oceania by plant 2019 (‘000 tonnes)
Table 8.1: Electrical steel demand by transformers sector 2013-2029 (‘000 tonnes, % change)
Table 8.2: Electrical steel demand by transport sector 2013-2029 (‘000 tonnes, % change)
Table 8.3: Electrical steel demand by wind energy sector 2013-2029 (‘000 tonnes, % change)
Table 8.4: Electrical steel demand by white goods sector 2013-2029 (‘000 tonnes, % change)
Table 8.5: Electrical steel demand by electric motors sector 2013-2029 (‘000 tonnes, % change)
Table 8.6: Electrical steel demand by others sector 2013-2029 (‘000 tonnes, % change)
Table A.1: Exports of Grain and non-grain oriented electrical steel by country 2013-2019 (tonnes)
Table A.2: Imports of Grain and non-grain oriented electrical steel by country 2013-2019 (tonnes)
Table A.3: Exports of Grain and non-grain oriented electrical steel by country 2013-2019 ($)
Table A.4: Imports of Grain and non-grain oriented electrical steel by country 2013-2019 ($)
Table B.1: Macroeconomic forecasts by selected countries 2013-2029
Table C.1: Energy efficiency laws by country
List of Figures
Figure 1.1: Global grain and non-grain oriented electrical steel consumption by region 2013- 2029 (‘000 tonnes)
Figure 1.2: Global grain and non-grain oriented electrical steel consumption by region 2013- 2029 ($ millions)
Figure 1.3: Global grain and non-grain oriented electrical steel production by region 2013- 2029 (‘000 tonnes)
Figure 1.4: Global electrical steel demand, production and capacity 2013- 2029 (‘000 tonnes)
Figure 1.5: Global grain and non-grain oriented electrical steel price forecasts 2013- 2029 ($/t, % change)
Figure 3.1: Asian grain and non-grain oriented electrical steel demand and supply 2013-2029 (‘000 tonnes)
Figure 4.1: European grain and non-grain oriented electrical steel demand and supply 2013-2029 (‘000 tonnes)
Figure 5.1: Central and South American grain and non-grain oriented electrical steel demand and supply 2013-2029 (‘000 tonnes)
Figure 6.1: North American grain and non-grain oriented electrical steel demand and supply 2013-2029 (‘000 tonnes)
Figure 7.1: Middle Eastern, African and Oceanian grain and non-grain oriented electrical steel demand and supply 2013-2029 (‘000 tonnes
Figure 8.1: Electrical steel demand by transformers sector 2013-2029 (‘000 tonnes)
Figure 8.2: Electrical steel demand by transport sector 2013-2029 (‘000 tonnes)
Figure 8.3: Electrical steel demand by wind energy sector 2013-2029 (‘000 tonnes)
Figure 8.4: Electrical steel demand by white goods sector 2013-2029 (‘000 tonnes)
Figure 8.5: Electrical steel demand by electric motors sector 2013-2029 (‘000 tonnes)
Figure 8.6: Electrical steel demand by others sector 2013-2029 (‘000 tonnes)
List of Charts
Chart 2.1: Manufacturing process of grain oriented electrical steel
Chart 2.2: Manufacturing process of non-grain oriented electrical steel
Chart 2.3: Polarisation and core losses comparison of high grades versus standard grades of electrical steel
Chart 2.4: Magnetic properties of electrical steel structure
Chart 2.5: Applications and equipment of electrical steel with grads
Chart 2.6 Consumption of electrical steel in different applications by ASTM and AISI specification
Chart 2.7: Market assessment Methodology for grain oriented electrical steel
Chart 2.8: Market assessment Methodology for non-grain oriented electrical steel
Chart 8.1: Types of transformers used in wind farms
Additional Information
| Number of pages | 135 |
|---|---|
| Report format | PDF with supportive data in excel |