Egypt Electrical Steel Market to 2032
Overview
The Egypt Electrical Steel Market is expected to reach a 184.92 USD Billion by 2032 and is projected to grow at a CAGR of 9.29% from 2025 to 2032.
Revenue, 2024 (USD Billion)
121.47
Forecast, 2032 (USD Billion)
184.92
CAGR, 2024 - 2032
9.29%
Report Coverage
Egypt
Egypt Electrical Steel Market 2018-2032 USD Billion
Egypt Electrical Steel Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 121.47 USD Billion
- Projected Market Size (2032): 184.92 USD Billion
- CAGR (2025-2032): 9.29%
Key Findings of Egypt Electrical Steel Market
- The Egypt Electrical Steel Market was valued at 184.92 USD Billion in 2024.
- The Egypt Electrical Steel Market is likely to grow at a CAGR of 9.29% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Non-Oriented Electrical Steel (CNRGO) in Type Segment accounted for the largest share of the market with a revenue of 70.56 USD Billion
- The fastest growing segment Motors in Application Segment grew Fastest with a CAGR of 11.08% during the forecast period from 2024 to 2032.
Egypt Electrical Steel Market Scope
Egypt Electrical Steel Market Segmentation & Scope
Core Losses
- Above 1.39 W/KG
- 1.30 W/KG to 1.39 W/KG
- 1.00 W/KG to 1.29 W/KG
- 0.90 W/KG to 0.99 W/KG
- Less than 0.9 W/KG
Flux Density
- Less than 1.65 Tesla
- 1.65 Tesla to 1.69 Tesla
- 1.69 Tesla to 1.73 Tesla
- 1.73 Tesla to 1.76 Tesla
- Above 1.76 Tesla
Application
- Others
- Wound Cores
- Shunt Reactors
- Convertors
- Battery
- Electrical Ballasts
- Inductors
- Power Generators
- Transformers
- Motors
Thickness
- Others
- 0.65 MM
- 0.5 MM
- 0.27 MM
- 0.23 MM
- 0.35 MM
- 0.30 MM
Type
- Grain Oriented Steel (CGRO)
- Non-Oriented Electrical Steel (CNRGO)
End-User
- Others
- Household Appliances
- Automobiles
- Building and Construction
- Energy and Power
Egypt Electrical Steel Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2019 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 121.47 USD Billion |
| Market Value in 2032 | 184.92 USD Billion |
| CAGR (2025-2032) | 9.29% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Core Losses,Flux Density,Application,Thickness,Type,End-User |
Regional Insights:
-
Leading Market (2024-2032): Egypt, leading in terms of revenue 121.47 USD Billion in 2024
- Key Country: Egypt, leading in terms of revenue with value of 121.47 USD Billion in 2024.
Segments and Scope
-
Egypt Electrical Steel Market to 2032, By Core Losses
- Less than 0.9 W/KG is the largest segment in Egypt Electrical Steel Market to 2032 with a revenue of 52.75 USD Billion in the year 2024.
- Less than 0.9 W/KG is the Fastest growing segment in Egypt Electrical Steel Market to 2032 with a Growth rate of 10.50 % in forecast period 2025-2032.
-
Egypt Electrical Steel Market to 2032, By Flux Density
- Above 1.76 Tesla is the largest segment in Egypt Electrical Steel Market to 2032 with a revenue of 48.18 USD Billion in the year 2024.
- Above 1.76 Tesla is the Fastest growing segment in Egypt Electrical Steel Market to 2032 with a Growth rate of 10.86 % in forecast period 2025-2032.
-
Egypt Electrical Steel Market to 2032, By Application
- Motors is the largest segment in Egypt Electrical Steel Market to 2032 with a revenue of 35.54 USD Billion in the year 2024.
- Motors is the Fastest growing segment in Egypt Electrical Steel Market to 2032 with a Growth rate of 11.08 % in forecast period 2025-2032.
-
Egypt Electrical Steel Market to 2032, By Thickness
- 0.30 MM is the largest segment in Egypt Electrical Steel Market to 2032 with a revenue of 51.66 USD Billion in the year 2024.
- 0.30 MM is the Fastest growing segment in Egypt Electrical Steel Market to 2032 with a Growth rate of 10.76 % in forecast period 2025-2032.
-
Egypt Electrical Steel Market to 2032, By Type
- Non-Oriented Electrical Steel (CNRGO) is the largest segment in Egypt Electrical Steel Market to 2032 with a revenue of 70.56 USD Billion in the year 2024.
- Non-Oriented Electrical Steel (CNRGO) is the Fastest growing segment in Egypt Electrical Steel Market to 2032 with a Growth rate of 10.08 % in forecast period 2025-2032.
-
Egypt Electrical Steel Market to 2032, By End-User
- Energy and Power is the largest segment in Egypt Electrical Steel Market to 2032 with a revenue of 69.05 USD Billion in the year 2024.
- Energy and Power is the Fastest growing segment in Egypt Electrical Steel Market to 2032 with a Growth rate of 9.92 % in forecast period 2025-2032.
Egypt Electrical Steel Market Company Share Analysis
| Company Name |
|
||
| Tata Steel | |||
| ArcelorMittal | |||
| POSCO | |||
| voestalpine AG | |||
| NIPPON STEEL CORPORATION | |||
Egypt Electrical Steel Market Geographical Sales Distribution, 2018-2032 USD Billion
Egypt Electrical Steel Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Egypt Electrical Steel Market is segmented based on Segmentation Core Losses,Flux Density,Application,Thickness,Type,End-User.
Egypt Electrical Steel Market was valued at USD 121.47(Revenue in USD Billion) in 2019.
Egypt Electrical Steel Market is projected to grow at a CAGR of 9.29% during the forecast period of 2024 to 2032.
The Non-Oriented Electrical Steel (CNRGO) segment is expected to dominate the Egypt Electrical Steel Market, holding a largest market share of 70.56 USD Billion in 2024
Egypt Electrical Steel Market Scope
Egypt Electrical Steel Market Segmentation & Scope
Core Losses
- Above 1.39 W/KG
- 1.30 W/KG to 1.39 W/KG
- 1.00 W/KG to 1.29 W/KG
- 0.90 W/KG to 0.99 W/KG
- Less than 0.9 W/KG
Flux Density
- Less than 1.65 Tesla
- 1.65 Tesla to 1.69 Tesla
- 1.69 Tesla to 1.73 Tesla
- 1.73 Tesla to 1.76 Tesla
- Above 1.76 Tesla
Application
- Others
- Wound Cores
- Shunt Reactors
- Convertors
- Battery
- Electrical Ballasts
- Inductors
- Power Generators
- Transformers
- Motors
Thickness
- Others
- 0.65 MM
- 0.5 MM
- 0.27 MM
- 0.23 MM
- 0.35 MM
- 0.30 MM
Type
- Grain Oriented Steel (CGRO)
- Non-Oriented Electrical Steel (CNRGO)
End-User
- Others
- Household Appliances
- Automobiles
- Building and Construction
- Energy and Power
Frequently Asked Questions
The Egypt Electrical Steel Market is segmented based on Segmentation Core Losses,Flux Density,Application,Thickness,Type,End-User.
Egypt Electrical Steel Market was valued at USD 121.47(Revenue in USD Billion) in 2019.
Egypt Electrical Steel Market is projected to grow at a CAGR of 9.29% during the forecast period of 2024 to 2032.
The estimated market value of the Egypt Electrical Steel Market for final year is USD 184.92 (USD Billion).
Egypt Electrical Steel Market Company Profiling
Frequently Asked Questions
The Egypt Electrical Steel Market is segmented based on Segmentation Core Losses,Flux Density,Application,Thickness,Type,End-User.
Egypt Electrical Steel Market was valued at USD 121.47(Revenue in USD Billion) in 2019.
Egypt Electrical Steel Market is projected to grow at a CAGR of 9.29% during the forecast period of 2024 to 2032.
The estimated market value of the Egypt Electrical Steel Market for final year is USD 184.92 (USD Billion).
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