GO Electrical Steel, Global Market Size Forecast, Top 14 Players Rank and Market Share (Internet Services - Other Internet Services)

Item ID 2572341 in Category: Internet Services - Other Internet Services

GO Electrical Steel, Global Market Size Forecast, Top 14 Players Rank and Market Share


GO Electrical 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 Electrical 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 Electrical Steels are usually applied in transformers, rectifiers and so on.
According to the new market research report “Global GO Electrical Steel Market Report 2023-2029”, published by QYResearch, the global GO Electrical Steel market size is projected to reach USD 11.95 billion by 2029, at a CAGR of 4.0% during the forecast period.

1. The production of graphene oxide requires special alloys and high-quality steel. Its price fluctuations can affect the overall cost of graphene oxide manufacturing and create challenges for producers to manage profit margins.
2. Economic downturn or instability in major economies could affect the demand for GOES by affecting agricultural markets and investment in infrastructure and industrial projects
3. Trade policies and tariffs implemented by the administration may affect the GOES market. Trade disputes or restrictions on the import and export of electrical steel can disrupt supply chains, affect pricing, and limit market access for manufacturers.

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.



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Last Update : Mar 19, 2024 10:55 PM
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