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Electrical Steel Market Size, Trends & Forecast 2025-2035
The global electrical steel market is set to grow significantly, increasing from USD 43.1 billion in 2025 to USD 45.5 billion by 2035, with a compound annual growth rate (CAGR) of 7.5%. This growth is driven by the rising adoption of renewable energy, increasing demand for energy-efficient solutions, and the proliferation of electric vehicles (EVs).
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16410
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Chemicals & Materials
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