Electrical Steel Market Poised for Remarkable Growth with Projected 6.5% CAGR from 2023 to 2033
The electrical steel market is estimated at US$ 42,135.7 million in 2023, with a projected value of US$ 44,326.7 million by 2033. The demand for electrical steel is expected to rise at a CAGR of 6.5% from 2023 to 2033. The electrical steel industry is propelled by the increasing demand for electricity across various sectors, including energy,…