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Electrical Steel Coatings Market Market - Top Companies and Manufacturers

  • Report ID: 6460
  • Published Date: Sep 20, 2024
  • Report Format: PDF, PPT

Companies Dominating the Electrical Steel Coatings Landscape

    Key players in the electrical steel coatings market are adopting several tactics such as new product launches, partnerships, regional expansion, and mergers & acquisitions to earn high-profit shares. Leading companies are investing heavily in R&D activities to introduce advanced coating materials with enhanced electrical efficiency and thermal stability. They are also forming strategic alliances with other players to increase electrical steel coatings market reach.

    Some of the key players include:

    • AK Steel Holding Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Tata Steel Limited
    • Axalta Coating Systems Ltd.
    • ThyssenKrupp AG
    • Rembrandtin Lack GmbH Nfg. KG
    • ArcelorMittal SA
    • Wuhan Iron & Steel Corporation
    • Proto Laminations Inc.
    • Dorf Ketal Chemicals
    • Filtra Catalysts and Chemicals Ltd.
Browse Key Market Insights with Data Illustration:

In the News

  • In April 2024, ArcelorMittal SA revealed its plans to build an advanced manufacturing faculty in Calvert, Alabama, which is anticipated to offer around 150kt domestic production of non-grain-oriented electrical steel each year. In support of this project, the U.S. Internal Revenue Service awarded USD 280.5 million in investment tax credits.
  • In March 2023, ThyssenKrupp AG announced the expansion of its competence center for electric mobility at the Bochum site. This strategy is anticipated to deliver around 2,18,000 metric tons of non-grain-oriented electrical steel per year.

Author Credits:  Rajrani Baghel


  • Report ID: 6460
  • Published Date: Sep 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global electrical steel coatings market will be valued at USD 339.1 million in 2025.

Expanding at a CAGR of 5.5%, the global market is expected to increase from USD 321.4 million in 2024 to USD 644.7 million by 2037.

Some of the leading companies are AK Steel Holding Corporation, Tata Steel Limited, Axalta Coating Systems Ltd., ThyssenKrupp AG, and Rembrandtin Lack GmbH Nfg. KG

The chrome-containing segment is estimated to capture a strong 47.5% of the market share through 2037.

Asia Pacific is expected to hold 52.5% of the global market share through 2037.
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