GO Silicon Steel, Global Market Size Forecast, Top 14 Players Rank and Market Share (Business Opportunities - Home Business)
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GO Silicon Steel, Global Market Size Forecast, Top 14 Players Rank and Market Share | |
GO Silicon Steel Market Summary According to the new market research report “Global GO Silicon Steel Market Report 2023-2029”, published by QYResearch, the global GO Silicon Steel market size is projected to reach USD 11.95 billion by 2029, at a CAGR of 4.0% during the forecast period. GO Silicon Steels are iron-silicon magnetic alloys. These alloys are used to construct the cores of highly-efficient electric transformers due to their unique magnetic properties. Available in grades M-2, M-3, M-4, M-5 and M-6, with superior magnetic properties in the rolling direction, oriented steels are used in transformer cores. They are used in large generators and other apparatus when the design permits the directional magnetic characteristics to be used efficiently. GO Silicon Steel usually has a silicon level of 3%. It is processed in such a way that the optimal properties are developed in the rolling direction, due to a tight control (proposed by Norman P. Goss) of the crystal orientation relative to the sheet. GO Silicon Steels are usually applied in transformers, rectifiers and so on. The global key manufacturers of GO Silicon Steel include Baowu Group, Nippon Steel, NLMK, AK Steel (Cleveland-Cliffs), Shougang, Posco, ThyssenKrupp, JFE Steel, Stalprodukt S.A., Chongqing Wangbian, etc. In 2022, the global top five players had a share approximately 62.0% in terms of revenue. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com  | |
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2024-04-29 (0.396 sec)