The global Silicon Steel Grade Magnesium Oxide market size is expected to reach $ 161 million by 2032, rising at a market growth of 3.2% CAGR during the forecast period (2026-2032).
Grain oriented electrical steels (GOES) are iron-silicon alloys that were developed to provide the low core loss and high permeability required for efficient and economical electrical transformers. GOES is the most energy efficient electrical steel and used in transformers where energy conservation is critical. High-purity active magnesium oxide is used to form insulating “glass” layer of oriented grain on silicon steel (transformer steel) surface and give special electromagnetic properties to steel. This is achieved by coating steel surface with aqueous slurry of magnesium oxide which reacts with silicon on steel surface during high-temperature annealing until transparent layer of magnesium silicate. Magnesium oxide shall have a high degree of purity and contain very low level of elements such as chlorine, bromine, calcium, fluorine and sodium which can form an unacceptably high electrical conductivity of insulating layer. Magnesium oxide shall also have a very small particle size to obtain slurry which is stable and has desired characteristics of coating.
Global key players of silicon steel grade magnesium oxide include Shanxi Yinsheng Technology, Tateho Chemical, ICL-IP, etc. The top three players hold a share about 48%. China is the largest producer, has a share about 64%, followed by Europe and Japan, with share 17% and 9%, respectively. The largest market is Asia-Pacific, with a share about 69%, followed by Europe and North America, with share 21% and 7%, separately.
This report studies the global Silicon Steel Grade Magnesium Oxide production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Silicon Steel Grade Magnesium Oxide and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Silicon Steel Grade Magnesium Oxide that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Silicon Steel Grade Magnesium Oxide total production and demand, 2021-2032, (MT)
Global Silicon Steel Grade Magnesium Oxide total production value, 2021-2032, (USD Million)
Global Silicon Steel Grade Magnesium Oxide production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (MT), (based on production site)
Global Silicon Steel Grade Magnesium Oxide consumption by region & country, CAGR, 2021-2032 & (MT)
U.S. VS China: Silicon Steel Grade Magnesium Oxide domestic production, consumption, key domestic manufacturers and share
Global Silicon Steel Grade Magnesium Oxide production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (MT)
Global Silicon Steel Grade Magnesium Oxide production by Purity, production, value, CAGR, 2021-2032, (USD Million) & (MT)
Global Silicon Steel Grade Magnesium Oxide production by Application, production, value, CAGR, 2021-2032, (USD Million) & (MT)
This report profiles key players in the global Silicon Steel Grade Magnesium Oxide market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Tateho Chemical, Shanxi Yinsheng Technology, ICL-IP, Shanghai SIIC Zhentai Chemical, Meishen Technology, JSC Kaustik, Martin Marietta Magnesia Specialties, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Silicon Steel Grade Magnesium Oxide market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MT) and average price (US$/MT) by manufacturer, by Purity, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Silicon Steel Grade Magnesium Oxide Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Silicon Steel Grade Magnesium Oxide Market, Segmentation by Purity:
0.98
0.99
Global Silicon Steel Grade Magnesium Oxide Market, Segmentation by Application:
High Magnetic Strength Electrical Steel
Conventional Electrical Steel
Companies Profiled:
Tateho Chemical
Shanxi Yinsheng Technology
ICL-IP
Shanghai SIIC Zhentai Chemical
Meishen Technology
JSC Kaustik
Martin Marietta Magnesia Specialties
Key Questions Answered:
1. How big is the global Silicon Steel Grade Magnesium Oxide market?
2. What is the demand of the global Silicon Steel Grade Magnesium Oxide market?
3. What is the year over year growth of the global Silicon Steel Grade Magnesium Oxide market?
4. What is the production and production value of the global Silicon Steel Grade Magnesium Oxide market?
5. Who are the key producers in the global Silicon Steel Grade Magnesium Oxide market?
6. What are the growth factors driving the market demand?
Summary:
Get latest Market Research Reports on Silicon Steel Grade Magnesium Oxide. Industry analysis & Market Report on Silicon Steel Grade Magnesium Oxide is a syndicated market report, published as Global Silicon Steel Grade Magnesium Oxide Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Silicon Steel Grade Magnesium Oxide market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.