Non Grain-oriented Electrical Steel Charting Growth Trajectories: Analysis and Forecasts 2025-2033

Key Insights

The global non grain-oriented electrical steel market size was valued at USD 17,860 million in 2025 and is expected to expand at a compound annual growth rate (CAGR) of 1.7% from 2025 to 2033. The growth of the market is attributed to the increasing demand for non grain-oriented electrical steel in the power generation, distribution, and automotive industries.

The market is segmented by type into medium and low grade, and high grade. The medium and low grade segment accounted for the largest share of the market in 2025, and is expected to continue to dominate the market during the forecast period. The high grade segment is expected to grow at a faster rate during the forecast period, due to the increasing demand for high-efficiency electrical equipment. The market is also segmented by application into motor, home appliances, power generator, automotive, and others. The motor segment accounted for the largest share of the market in 2025, and is expected to continue to dominate the market during the forecast period. The home appliances segment is expected to grow at a faster rate during the forecast period, due to the increasing demand for energy-efficient home appliances.

Non Grain-oriented Electrical Steel Trends

The global non grain-oriented electrical steel market is expected to witness steady growth, driven by the increasing demand for energy-efficient electrical equipment. The rising need for energy conservation in industries, coupled with government initiatives to reduce carbon emissions, is driving the adoption of non grain-oriented electrical steel in various applications. The Asia-Pacific region is anticipated to dominate the market, due to the growing manufacturing sector in countries such as China and India. Additionally, the development of new non grain-oriented electrical steel grades with improved magnetic properties is expected to further boost the market growth.

Driving Forces: What's Propelling the Non Grain-oriented Electrical Steel

• Rising Demand for Energy-Efficient Electrical Equipment: The increasing global focus on energy conservation is leading to a surge in demand for energy-efficient electrical equipment. Non grain-oriented electrical steel offers superior magnetic properties, resulting in reduced energy losses and improved efficiency in motors, transformers, and other electrical devices.
• Government Initiatives to Reduce Carbon Emissions: Governments across the world are implementing stringent regulations to curb carbon emissions and promote sustainability. Non grain-oriented electrical steel contributes to energy savings, thereby reducing greenhouse gas emissions and supporting environmental goals.
• Growing Demand from Emerging Economies: Rapid industrialization and urbanization in developing countries are driving the demand for electricity. Non grain-oriented electrical steel plays a crucial role in the manufacturing of transformers and other electrical equipment required for power distribution networks.

Challenges and Restraints in Non Grain-oriented Electrical Steel

• High Production Costs: The production of non grain-oriented electrical steel involves complex processes and expensive raw materials, resulting in higher production costs compared to other steel grades.
• Fluctuations in Raw Material Prices: The steel industry is heavily influenced by the volatile prices of raw materials such as iron ore and scrap. Price fluctuations can impact the profitability of non grain-oriented electrical steel production.
• Competition from Alternative Materials: The development of alternative materials, such as amorphous metals and nanocrystalline alloys, poses a challenge to the market share of non grain-oriented electrical steel. These materials offer comparable or even better magnetic properties and may be cost-competitive in certain applications.

Key Region or Country & Segment to Dominate the Market

Key Region:

• Asia-Pacific is expected to hold a dominant position in the non grain-oriented electrical steel market due to the presence of major manufacturing hubs in China, India, and Japan. The region's robust economic growth and increasing urbanization are driving the demand for energy-efficient electrical equipment.

Key Segment:

• Motor: The motor segment is anticipated to account for a significant share of the non grain-oriented electrical steel market. The growing demand for electric vehicles and energy-efficient industrial motors is driving the adoption of non grain-oriented electrical steel in this segment.
• Medium and Low Grade: Medium and low-grade non grain-oriented electrical steel is widely used in small and medium-power transformers, and is expected to continue to hold a substantial market share due to its cost-effectiveness and wide availability.

Growth Catalysts in Non Grain-oriented Electrical Steel Industry

• Technological Advancements: Ongoing research and development efforts are leading to the development of new non grain-oriented electrical steel grades with improved magnetic properties, reduced losses, and higher efficiency.
• Government Incentives: Governments in various countries are providing incentives and subsidies for the adoption of energy-efficient technologies, including non grain-oriented electrical steel.
• Rising Investment in Renewable Energy: The global transition to renewable energy sources is expected to create a favorable market for non grain-oriented electrical steel used in solar and wind power systems.

Leading Players in the Non Grain-oriented Electrical Steel

• Baowu
• Nippon Steel
• Shougang Group
• Ansteel
• TISCO
• JFE Steel
• Xin Steel
• ThyssenKrupp
• CSC
• Voestalpine
• Posco
• AK Steel (Cleveland-Cliffs)
• NLMK
• ArcelorMittal

Significant Developments in Non Grain-oriented Electrical Steel Sector

• In 2023, JFE Steel announced the development of a new high-performance non grain-oriented electrical steel grade called "ZENCORE" with significantly reduced iron losses.
• In 2022, ThyssenKrupp launched a new series of non grain-oriented electrical steel products tailored for high-efficiency electric vehicle motors.
• In 2021, Baowu Steel invested in a new production facility in China to expand its capacity for non grain-oriented electrical steel production.

Comprehensive Coverage Non Grain-oriented Electrical Steel Report

This comprehensive report provides an in-depth analysis of the global non grain-oriented electrical steel market, including market size, growth trends, key drivers, challenges, and opportunities. It also offers insights into the competitive landscape, key players, and significant developments in the industry. The report is a valuable resource for businesses, investors, researchers, and policymakers seeking to understand the dynamics of this market.

Non Grain-oriented Electrical Steel Segmentation

• 1. Type
  • 1.1. Overview: Global Non Grain-oriented Electrical Steel Consumption Value
  • 1.2. Medium and Low Grade
  • 1.3. High Grade
• 2. Application
  • 2.1. Overview: Global Non Grain-oriented Electrical Steel Consumption Value
  • 2.2. Motor
  • 2.3. Home Appliances
  • 2.4. Power Generator
  • 2.5. Automotive
  • 2.6. Others

Non Grain-oriented Electrical Steel Segmentation By Geography

• 1. North America
  • 1.1. United States
  • 1.2. Canada
  • 1.3. Mexico
• 2. South America
  • 2.1. Brazil
  • 2.2. Argentina
  • 2.3. Rest of South America
• 3. Europe
  • 3.1. United Kingdom
  • 3.2. Germany
  • 3.3. France
  • 3.4. Italy
  • 3.5. Spain
  • 3.6. Russia
  • 3.7. Benelux
  • 3.8. Nordics
  • 3.9. Rest of Europe
• 4. Middle East & Africa
  • 4.1. Turkey
  • 4.2. Israel
  • 4.3. GCC
  • 4.4. North Africa
  • 4.5. South Africa
  • 4.6. Rest of Middle East & Africa
• 5. Asia Pacific
  • 5.1. China
  • 5.2. India
  • 5.3. Japan
  • 5.4. South Korea
  • 5.5. ASEAN
  • 5.6. Oceania
  • 5.7. Rest of Asia Pacific