ASIA-PACIFIC ELECTRIC STEEL MARKET 2020-2028

Building & Construction | Construction Materials

ASIA-PACIFIC ELECTRIC STEEL MARKET 2020-2028

Market By Type, Application, End-user And Geography | Forecast 2020-2028

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A Triton Market Research report has forecasted the electric steel market in the Asia-Pacific region to depict growth in revenue and expand at a CAGR of 6.26% during the estimated period 2020-2028.



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The countries studied in the Asia-Pacific electric steel market are:

           South Korea

           China

           ASEAN countries

           Japan

           India

           Australia & New Zealand

           Rest of APAC countries

The electrical steel market in China is primarily driven by the growing urban populace, favorable government initiatives regarding the promotion of electrical steel and the rising sales of consumer appliances. The rising urban population is likely to increase the demand for electricity and thereby increase the deployment of new transformers. Such infrastructural developments would instigate the need for electric steel owing to its unique properties such as high permeability, low power loss, small hysteresis area and low core loss. Thus, the growing urban population is anticipated to augment the growth of the electrical steel market in China during the forecast period.

Moreover, favorable initiatives for the promotion of electrical steel will create immense growth opportunities for the Chinese electrical steel market. It is reported that the Commerce Ministry of China is in a plan to regulate anti-dumping duties on the grade of electric steel imports, which is thereby expected to increase the country’s electric steel imports. This factor will accelerate the growth of the electric steel market in China. Electric steel finds its applications in various household appliances, including washing machines, air conditioners, LCD/LED TV, microwave ovens, refrigerators and water heaters. Thus, the increase in the home appliance sector is set to proliferate the growth of the electric steel market.

Established in 1907, Tata Steel is a company that is involved in the manufacturing and commercializing of steel products. The company primarily provides hot-rolled and cold-rolled coated steel sheets and coils, precision tubes, electrical steels, tire bead wires, spring wires and bearings, especially for the automotive industry and others. The company has its headquarters in Mumbai, India.

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Table of Content

1. ASIA-PACIFIC ELECTRIC STEEL MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1.   GROWTH IN ELECTRICITY DEMAND

2.2.2.   ASIA-PACIFIC EXPECTED TO SHOW HIGHEST GROWTH DURING THE FORECAST PERIOD

2.2.3.   TRANSFORMERS CAPTURES LARGEST MARKET SHARE IN APPLICATION SEGMENT

2.3. EVOLUTION & TRANSITION OF ELECTRIC STEEL

2.4. PORTER’S FIVE FORCE ANALYSIS

2.4.1.   THREAT OF NEW ENTRANTS

2.4.2.   THREAT OF SUBSTITUTE

2.4.3.   BARGAINING POWER OF SUPPLIERS

2.4.4.   BARGAINING POWER OF BUYERS

2.4.5.   THREAT OF COMPETITIVE RIVALRY

2.5. KEY IMPACT ANALYSIS

2.5.1.   COST

2.5.2.   APPLICATION

2.5.3.   SPECIFICATIONS

2.6. MARKET ATTRACTIVENESS INDEX

2.7. INDUSTRY COMPONENTS

2.7.1.   RAW MATERIAL SUPPLIERS

2.7.2.   MANUFACTURERS

2.7.3.   DISTRIBUTORS

2.7.4.   END-USERS

2.8. REGULATORY FRAMEWORK

2.9. MARKET DRIVERS

2.9.1.   GROWTH IN URBAN POPULATION

2.9.2.   INCREASED DEMAND FOR TRANSFORMERS & MOTORS

2.9.3.   GROWTH IN TRACTION FOR ELECTRIC VEHICLES

2.9.4.   INCREASED DEMAND BY POWER SECTOR FOR ELECTRIC STEELS

2.10. MARKET RESTRAINTS

2.10.1. VOLATILITY AND FLUCTUATIONS IN RAW MATERIAL PRICES

2.11. MARKET OPPORTUNITIES

2.11.1. REGULATIONS IN FAVOUR OF ELECTRIC STEEL MARKET

2.12. MARKET CHALLENGES

2.12.1. SAFETY & TECHNOLOGICAL CONSTRAINTS

3. ASIA-PACIFIC ELECTRIC STEEL MARKET OUTLOOK - BY TYPE

3.1. GRAIN-ORIENTED STEEL

3.1.1.   FULLY PROCESSED GRAIN-ORIENTED STEEL

3.1.2.   SEMI PROCESSED GRAIN-ORIENTED STEEL

3.2. NON-GRAIN-ORIENTED STEEL

4. ASIA-PACIFIC ELECTRIC STEEL MARKET OUTLOOK - BY APPLICATION

4.1. TRANSFORMERS

4.1.1.   CURRENT TRANSFORMERS

4.1.2.   POWER TRANSFORMERS

4.1.3.   DISTRIBUTION TRANSFORMERS

4.2. MOTORS

4.3. INDUCTORS

4.4. OTHERS

5. ASIA-PACIFIC ELECTRIC STEEL MARKET OUTLOOK - BY END-USER

5.1. ENERGY

5.2. AUTOMOBILES

5.3. MANUFACTURING

5.4. HOUSEHOLD APPLIANCES

5.5. OTHERS

6. ASIA-PACIFIC ELECTRIC STEEL MARKET – REGIONAL OUTLOOK

6.1. CHINA

6.2. JAPAN

6.3. INDIA

6.4. SOUTH KOREA

6.5. ASEAN COUNTRIES

6.6. AUSTRALIA & NEW ZEALAND

6.7. REST OF ASIA-PACIFIC

7. COMPETITIVE LANDSCAPE

7.1. ARCELORMITTAL

7.2. ARNOLD MAGNETIC TECHNOLOGIES

7.3. BAOSTEEL GROUP

7.4. CHINASTEEL

7.5. AK STEEL CORPORATION

7.6. NIPPON STEEL CORPORATION

7.7. ORCHIDS INTERNATIONAL

7.8. POSCO

7.9. SKO-DIE INC

7.10. SAIL (STEEL AUTHORITY OF INDIA LIMITED)

7.11. THYSSENKRUPP AG

7.12. BRS (BIG RIVER STEEL)

7.13. VOESTALPINE AG

7.14. TATA STEEL

7.15. JFE STEEL CORPORATION

8. METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of table

TABLE 1: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY COUNTRY, 2020-2028 (IN $ MILLION)

TABLE 2: MARKET ATTRACTIVENESS INDEX

TABLE 3: VENDOR SCORECARD

TABLE 4: REGULATORY FRAMEWORK

TABLE 5: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY TYPE, 2020-2028 (IN $ MILLION)

TABLE 6: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY GRAIN-ORIENTED STEEL, 2020-2028 (IN $ MILLION)

TABLE 7: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY APPLICATION, 2020-2028 (IN $ MILLION)

TABLE 8: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY TRANSFORMERS, 2020-2028 (IN $ MILLION)

TABLE 9: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY END-USER, 2020-2028 (IN $ MILLION)

TABLE 10: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY COUNTRY, 2020-2028 (IN $ MILLION)

List of Figures

FIGURE 1: ASIA-PACIFIC ELECTRIC STEEL MARKET, 2020-2028 (IN $ MILLION)

FIGURE 2: TIMELINE OF ELECTRIC STEEL

FIGURE 3: PORTER’S FIVE FORCE ANALYSIS

FIGURE 4: KEY BUYING IMPACT ANALYSIS

FIGURE 5: INDUSTRY COMPONENTS

FIGURE 6: MANUFACTURING PROCESS OF ELECTRIC STEEL

FIGURE 7: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY GRAIN-ORIENTED STEEL, 2020-2028 (IN $ MILLION)

FIGURE 8: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY FULLY PROCESSED GRAIN-ORIENTED STEEL, 2020-2028 (IN $ MILLION)

FIGURE 9: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY SEMI PROCESSED GRAIN-ORIENTED STEEL, 2020-2028 (IN $ MILLION)

FIGURE 10: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY NON-GRAIN-ORIENTED STEEL, 2020-2028 (IN $ MILLION)

FIGURE 11: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY TRANSFORMERS, 2020-2028 (IN $ MILLION)

FIGURE 12: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY CURRENT TRANSFORMERS, 2020-2028 (IN $ MILLION)

FIGURE 13: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY POWER TRANSFORMERS, 2020-2028 (IN $ MILLION)

FIGURE 14: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY DISTRIBUTION TRANSFORMERS, 2020-2028 (IN $ MILLION)

FIGURE 15: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY MOTORS, 2020-2028 (IN $ MILLION)

FIGURE 16: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY INDUCTORS, 2020-2028 (IN $ MILLION)

FIGURE 17: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY OTHERS, 2020-2028 (IN $ MILLION)

FIGURE 18: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY ENERGY, 2020-2028 (IN $ MILLION)

FIGURE 19: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY AUTOMOBILES, 2020-2028 (IN $ MILLION)

FIGURE 20: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY MANUFACTURING, 2020-2028 (IN $ MILLION)

FIGURE 21: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY HOUSEHOLD APPLIANCES, 2020-2028 (IN $ MILLION)

FIGURE 22: ASIA-PACIFIC ELECTRIC STEEL MARKET, BY OTHERS, 2020-2028 (IN $ MILLION)

FIGURE 23: ASIA-PACIFIC ELECTRIC STEEL MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 24: CHINA ELECTRIC STEEL MARKET, 2020-2028 (IN $ MILLION)

FIGURE 25: JAPAN ELECTRIC STEEL MARKET, 2020-2028 (IN $ MILLION)

FIGURE 26: INDIA ELECTRIC STEEL MARKET, 2020-2028 (IN $ MILLION)

FIGURE 27: SOUTH KOREA ELECTRIC STEEL MARKET, 2020-2028 (IN $ MILLION)

FIGURE 28: ASEAN COUNTRIES ELECTRIC STEEL MARKET, 2020-2028 (IN $ MILLION)

FIGURE 29: AUSTRALIA & NEW ZEALAND ELECTRIC STEEL MARKET, 2020-2028 (IN $ MILLION)

FIGURE 30: REST OF ASIA-PACIFIC ELECTRIC STEEL MARKET, 2020-2028 (IN $ MILLION)

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