Electrical Steel Coatings Market Outlook:
Electrical Steel Coatings Market size was over USD 320.66 million in 2025 and is anticipated to cross USD 488.53 million by 2035, witnessing more than 4.3% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of electrical steel coatings is assessed at USD 333.07 million.
The rising demand for advanced industrial components such as transformers and electric motors is fuelling the application of electrical steel coatings to mitigate energy losses.
The C5 coatings have widespread use cases in carbon steel and galvanized steel due to their superior surface resistivity and high performance, aiding its revenue growth. The growing industrial activities worldwide are boosting the use of C5 coatings for enhanced performance and durability of materials. C5 electrical steel coatings are projected to capture 39.8% of the revenue share by 2037 owing to the increasing application in refrigerator motors and large turbogenerators.
