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Chemical & Material Global Thin and Ultra-thin Electrical Steel Strip Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4646044
    • |
  • 09 November, 2025
    • |
  • Global
    • |
  • 112 Pages
    • |
  • GIR
    • |
  • Chemical & Material

According to our (Global Info Research) latest study, the global Thin and Ultra-thin Electrical Steel Strip market size was valued at US$ 983 million in 2024 and is forecast to a readjusted size of USD 1469 million by 2031 with a CAGR of 6.0% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Electrical steel, also known as silicon steel, is an indispensable and important soft magnetic alloy in the electric power, electronics, and military industries, and is also the metal functional material with the largest output. It is mainly used as the iron core of various motors, generators, and transformers. Its production process is complicated and the manufacturing technology is strict. Foreign production technologies are protected in the form of patents, which are regarded as the life of the enterprise. Thin electrical steel strip has a thickness of less than 0.2 mm, and ultra-thin electrical steel strip usually has a thickness of less than 0.1 mm.
This report is a detailed and comprehensive analysis for global Thin and Ultra-thin Electrical Steel Strip market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Thin and Ultra-thin Electrical Steel Strip market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Thin and Ultra-thin Electrical Steel Strip market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Thin and Ultra-thin Electrical Steel Strip market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Thin and Ultra-thin Electrical Steel Strip market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Thin and Ultra-thin Electrical Steel Strip
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Thin and Ultra-thin Electrical Steel Strip market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include NIPPON KINZOKU, Hi-LITE TATA STEEL, thyssenkrupp Steel, Shougang Group, NICORE, Baowu, Xinyu Iron and Steel, Gnee Steel, Waelzholz, Arnold Magnetic Technologies, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Thin and Ultra-thin Electrical Steel Strip market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
below 0.1 mm
0.1-0.2 mm
Market segment by Application
Electric Power
Renewable Energy
Industrial Equipment
Others
Major players covered
NIPPON KINZOKU
Hi-LITE TATA STEEL
thyssenkrupp Steel
Shougang Group
NICORE
Baowu
Xinyu Iron and Steel
Gnee Steel
Waelzholz
Arnold Magnetic Technologies
US Steel
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Thin and Ultra-thin Electrical Steel Strip product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Thin and Ultra-thin Electrical Steel Strip, with price, sales quantity, revenue, and global market share of Thin and Ultra-thin Electrical Steel Strip from 2020 to 2025.
Chapter 3, the Thin and Ultra-thin Electrical Steel Strip competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thin and Ultra-thin Electrical Steel Strip breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Thin and Ultra-thin Electrical Steel Strip market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Thin and Ultra-thin Electrical Steel Strip.
Chapter 14 and 15, to describe Thin and Ultra-thin Electrical Steel Strip sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Thin and Ultra-thin Electrical Steel Strip Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 below 0.1 mm
    • 1.3.3 0.1-0.2 mm
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Thin and Ultra-thin Electrical Steel Strip Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Electric Power
    • 1.4.3 Renewable Energy
    • 1.4.4 Industrial Equipment
    • 1.4.5 Others
  • 1.5 Global Thin and Ultra-thin Electrical Steel Strip Market Size & Forecast
    • 1.5.1 Global Thin and Ultra-thin Electrical Steel Strip Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Thin and Ultra-thin Electrical Steel Strip Sales Quantity (2020-2031)
    • 1.5.3 Global Thin and Ultra-thin Electrical Steel Strip Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 NIPPON KINZOKU
    • 2.1.1 NIPPON KINZOKU Details
    • 2.1.2 NIPPON KINZOKU Major Business
    • 2.1.3 NIPPON KINZOKU Thin and Ultra-thin Electrical Steel Strip Product and Services
    • 2.1.4 NIPPON KINZOKU Thin and Ultra-thin Electrical Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 NIPPON KINZOKU Recent Developments/Updates
  • 2.2 Hi-LITE TATA STEEL
    • 2.2.1 Hi-LITE TATA STEEL Details
    • 2.2.2 Hi-LITE TATA STEEL Major Business
    • 2.2.3 Hi-LITE TATA STEEL Thin and Ultra-thin Electrical Steel Strip Product and Services
    • 2.2.4 Hi-LITE TATA STEEL Thin and Ultra-thin Electrical Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Hi-LITE TATA STEEL Recent Developments/Updates
  • 2.3 thyssenkrupp Steel
    • 2.3.1 thyssenkrupp Steel Details
    • 2.3.2 thyssenkrupp Steel Major Business
    • 2.3.3 thyssenkrupp Steel Thin and Ultra-thin Electrical Steel Strip Product and Services
    • 2.3.4 thyssenkrupp Steel Thin and Ultra-thin Electrical Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 thyssenkrupp Steel Recent Developments/Updates
  • 2.4 Shougang Group
    • 2.4.1 Shougang Group Details
    • 2.4.2 Shougang Group Major Business
    • 2.4.3 Shougang Group Thin and Ultra-thin Electrical Steel Strip Product and Services
    • 2.4.4 Shougang Group Thin and Ultra-thin Electrical Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Shougang Group Recent Developments/Updates
  • 2.5 NICORE
    • 2.5.1 NICORE Details
    • 2.5.2 NICORE Major Business
    • 2.5.3 NICORE Thin and Ultra-thin Electrical Steel Strip Product and Services
    • 2.5.4 NICORE Thin and Ultra-thin Electrical Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 NICORE Recent Developments/Updates
  • 2.6 Baowu
    • 2.6.1 Baowu Details
    • 2.6.2 Baowu Major Business
    • 2.6.3 Baowu Thin and Ultra-thin Electrical Steel Strip Product and Services
    • 2.6.4 Baowu Thin and Ultra-thin Electrical Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Baowu Recent Developments/Updates
  • 2.7 Xinyu Iron and Steel
    • 2.7.1 Xinyu Iron and Steel Details
    • 2.7.2 Xinyu Iron and Steel Major Business
    • 2.7.3 Xinyu Iron and Steel Thin and Ultra-thin Electrical Steel Strip Product and Services
    • 2.7.4 Xinyu Iron and Steel Thin and Ultra-thin Electrical Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Xinyu Iron and Steel Recent Developments/Updates
  • 2.8 Gnee Steel
    • 2.8.1 Gnee Steel Details
    • 2.8.2 Gnee Steel Major Business
    • 2.8.3 Gnee Steel Thin and Ultra-thin Electrical Steel Strip Product and Services
    • 2.8.4 Gnee Steel Thin and Ultra-thin Electrical Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Gnee Steel Recent Developments/Updates
  • 2.9 Waelzholz
    • 2.9.1 Waelzholz Details
    • 2.9.2 Waelzholz Major Business
    • 2.9.3 Waelzholz Thin and Ultra-thin Electrical Steel Strip Product and Services
    • 2.9.4 Waelzholz Thin and Ultra-thin Electrical Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Waelzholz Recent Developments/Updates
  • 2.10 Arnold Magnetic Technologies
    • 2.10.1 Arnold Magnetic Technologies Details
    • 2.10.2 Arnold Magnetic Technologies Major Business
    • 2.10.3 Arnold Magnetic Technologies Thin and Ultra-thin Electrical Steel Strip Product and Services
    • 2.10.4 Arnold Magnetic Technologies Thin and Ultra-thin Electrical Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Arnold Magnetic Technologies Recent Developments/Updates
  • 2.11 US Steel
    • 2.11.1 US Steel Details
    • 2.11.2 US Steel Major Business
    • 2.11.3 US Steel Thin and Ultra-thin Electrical Steel Strip Product and Services
    • 2.11.4 US Steel Thin and Ultra-thin Electrical Steel Strip Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 US Steel Recent Developments/Updates

3 Competitive Environment: Thin and Ultra-thin Electrical Steel Strip by Manufacturer

  • 3.1 Global Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Thin and Ultra-thin Electrical Steel Strip Revenue by Manufacturer (2020-2025)
  • 3.3 Global Thin and Ultra-thin Electrical Steel Strip Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Thin and Ultra-thin Electrical Steel Strip by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Thin and Ultra-thin Electrical Steel Strip Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Thin and Ultra-thin Electrical Steel Strip Manufacturer Market Share in 2024
  • 3.5 Thin and Ultra-thin Electrical Steel Strip Market: Overall Company Footprint Analysis
    • 3.5.1 Thin and Ultra-thin Electrical Steel Strip Market: Region Footprint
    • 3.5.2 Thin and Ultra-thin Electrical Steel Strip Market: Company Product Type Footprint
    • 3.5.3 Thin and Ultra-thin Electrical Steel Strip Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Thin and Ultra-thin Electrical Steel Strip Market Size by Region
    • 4.1.1 Global Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Thin and Ultra-thin Electrical Steel Strip Consumption Value by Region (2020-2031)
    • 4.1.3 Global Thin and Ultra-thin Electrical Steel Strip Average Price by Region (2020-2031)
  • 4.2 North America Thin and Ultra-thin Electrical Steel Strip Consumption Value (2020-2031)
  • 4.3 Europe Thin and Ultra-thin Electrical Steel Strip Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Thin and Ultra-thin Electrical Steel Strip Consumption Value (2020-2031)
  • 4.5 South America Thin and Ultra-thin Electrical Steel Strip Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Thin and Ultra-thin Electrical Steel Strip Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Type (2020-2031)
  • 5.2 Global Thin and Ultra-thin Electrical Steel Strip Consumption Value by Type (2020-2031)
  • 5.3 Global Thin and Ultra-thin Electrical Steel Strip Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Application (2020-2031)
  • 6.2 Global Thin and Ultra-thin Electrical Steel Strip Consumption Value by Application (2020-2031)
  • 6.3 Global Thin and Ultra-thin Electrical Steel Strip Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Type (2020-2031)
  • 7.2 North America Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Application (2020-2031)
  • 7.3 North America Thin and Ultra-thin Electrical Steel Strip Market Size by Country
    • 7.3.1 North America Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Thin and Ultra-thin Electrical Steel Strip Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Type (2020-2031)
  • 8.2 Europe Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Application (2020-2031)
  • 8.3 Europe Thin and Ultra-thin Electrical Steel Strip Market Size by Country
    • 8.3.1 Europe Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Thin and Ultra-thin Electrical Steel Strip Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Thin and Ultra-thin Electrical Steel Strip Market Size by Region
    • 9.3.1 Asia-Pacific Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Thin and Ultra-thin Electrical Steel Strip Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Type (2020-2031)
  • 10.2 South America Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Application (2020-2031)
  • 10.3 South America Thin and Ultra-thin Electrical Steel Strip Market Size by Country
    • 10.3.1 South America Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Thin and Ultra-thin Electrical Steel Strip Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Thin and Ultra-thin Electrical Steel Strip Market Size by Country
    • 11.3.1 Middle East & Africa Thin and Ultra-thin Electrical Steel Strip Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Thin and Ultra-thin Electrical Steel Strip Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Thin and Ultra-thin Electrical Steel Strip Market Drivers
  • 12.2 Thin and Ultra-thin Electrical Steel Strip Market Restraints
  • 12.3 Thin and Ultra-thin Electrical Steel Strip Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Thin and Ultra-thin Electrical Steel Strip and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Thin and Ultra-thin Electrical Steel Strip
  • 13.3 Thin and Ultra-thin Electrical Steel Strip Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Thin and Ultra-thin Electrical Steel Strip Typical Distributors
  • 14.3 Thin and Ultra-thin Electrical Steel Strip Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Thin and Ultra-thin Electrical Steel Strip. Industry analysis & Market Report on Thin and Ultra-thin Electrical Steel Strip is a syndicated market report, published as Global Thin and Ultra-thin Electrical Steel Strip Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Thin and Ultra-thin Electrical Steel Strip market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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