Netherlands Electrical Steel Market to 2032
Overview
The Netherlands Electrical Steel Market is expected to reach a 428.65 USD Million by 2032 and is projected to grow at a CAGR of 4.70% from 2025 to 2032.
Revenue, 2024 (USD Million)
299.29
Forecast, 2032 (USD Million)
428.65
CAGR, 2024 - 2032
4.70%
Report Coverage
Netherlands
Netherlands Electrical Steel Market 2018-2032 USD Million
Netherlands Electrical Steel Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 299.29 USD Million
- Projected Market Size (2032): 428.65 USD Million
- CAGR (2025-2032): 4.70%
Key Findings of Netherlands Electrical Steel Market
- The Netherlands Electrical Steel Market was valued at 299.29 USD Million in 2024.
- The Netherlands Electrical Steel Market is likely to grow at a CAGR of 4.70% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Non Oriented Electrical Steel (CRNGO) in Type Segment accounted for the largest share of the market with a revenue of 176.32 USD Million
- The fastest growing segment Motors in Application Segment grew Fastest with a CAGR of 5.81% during the forecast period from 2024 to 2032.
Netherlands Electrical Steel Market Scope
Netherlands Electrical Steel Market Segmentation & Scope
Type
- Grain Oriented Steel (CGRO)
- Non Oriented Electrical Steel (CRNGO)
Application
- Battery (direct use)
- Electrical Ballasts (lighting)
- Others
- Wound Cores
- Inductors
- Shunt Reactors
- Converters (power electronics / inverters)
- Power Generators (incl. gensets)
- Motors
- Transformers
End-User
- Others
- Building & Construction
- Household Appliances
- Automobiles
- Energy & Power
Flux Density
- Less Than 1.65 Tesla
- Above 1.76 Tesla
- 1.65 Tesla to 1.69 Tesla
- 1.73 Tesla to 1.76 Tesla
- 1.69 Tesla to 1.73 Tesla
Thickness
- Others / specialized grades
- 0.5–0.65 mm
- 0.5 mm
- 0.25–0.27 mm
- 0.35 mm
Core Losses
- 1.9
- 2.1
- >4.0
- 2.3
- 2.5
- 2.7
- 2.7-4.02
Netherlands Electrical Steel Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 299.29 USD Million |
| Market Value in 2032 | 428.65 USD Million |
| CAGR (2025-2032) | 4.70% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Application,End-User,Flux Density,Thickness,Core Losses |
Regional Insights:
-
Leading Market (2024-2032): Netherlands, leading in terms of revenue 299.29 USD Million in 2024
- Key Country: Netherlands, leading in terms of revenue with value of 299.29 USD Million in 2024.
Segments and Scope
-
Netherlands Electrical Steel Market to 2032, By Type
- Non Oriented Electrical Steel (CRNGO) is the largest segment in Netherlands Electrical Steel Market to 2032 with a revenue of 176.32 USD Million in the year 2024.
- Non Oriented Electrical Steel (CRNGO) is the Fastest growing segment in Netherlands Electrical Steel Market to 2032 with a Growth rate of 4.97 % in forecast period 2025-2032.
-
Netherlands Electrical Steel Market to 2032, By Application
- Transformers is the largest segment in Netherlands Electrical Steel Market to 2032 with a revenue of 93.30 USD Million in the year 2024.
- Motors is the Fastest growing segment in Netherlands Electrical Steel Market to 2032 with a Growth rate of 4.41 % in forecast period 2025-2032.
-
Netherlands Electrical Steel Market to 2032, By End-User
- Energy & Power is the largest segment in Netherlands Electrical Steel Market to 2032 with a revenue of 113.86 USD Million in the year 2024.
- Automobiles is the Fastest growing segment in Netherlands Electrical Steel Market to 2032 with a Growth rate of 4.29 % in forecast period 2025-2032.
-
Netherlands Electrical Steel Market to 2032, By Flux Density
- 1.69 Tesla to 1.73 Tesla is the largest segment in Netherlands Electrical Steel Market to 2032 with a revenue of 100.81 USD Million in the year 2024.
- Above 1.76 Tesla is the Fastest growing segment in Netherlands Electrical Steel Market to 2032 with a Growth rate of 4.79 % in forecast period 2025-2032.
-
Netherlands Electrical Steel Market to 2032, By Thickness
- 0.35 mm is the largest segment in Netherlands Electrical Steel Market to 2032 with a revenue of 106.29 USD Million in the year 2024.
- 0.35 mm is the Fastest growing segment in Netherlands Electrical Steel Market to 2032 with a Growth rate of 5.37 % in forecast period 2025-2032.
-
Netherlands Electrical Steel Market to 2032, By Core Losses
- 2.7-4.02 is the largest segment in Netherlands Electrical Steel Market to 2032 with a revenue of 81.76 USD Million in the year 2024.
- 2.7-4.02 is the Fastest growing segment in Netherlands Electrical Steel Market to 2032 with a Growth rate of 5.72 % in forecast period 2025-2032.
Netherlands Electrical Steel Market Company Share Analysis
| Company Name |
|
||
| ArcelorMittal | |||
| Nippon Steel Corporation | |||
| JFE Steel Corporation | |||
| thyssenkrupp AG | |||
| Baosteel Co.,Ltd. | |||
Netherlands Electrical Steel Market Geographical Sales Distribution, 2018-2032 USD Million
Netherlands Electrical Steel Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Netherlands Electrical Steel Market is segmented based on Segmentation Type,Application,End-User,Flux Density,Thickness,Core Losses.
Netherlands Electrical Steel Market was valued at USD 299.29(Revenue in USD Million) in 2024.
Netherlands Electrical Steel Market is projected to grow at a CAGR of 4.70% during the forecast period of 2024 to 2032.
The Non Oriented Electrical Steel (CRNGO) segment is expected to dominate the Netherlands Electrical Steel Market, holding a largest market share of 176.32 USD Million in 2024
Netherlands Electrical Steel Market Scope
Netherlands Electrical Steel Market Segmentation & Scope
Type
- Grain Oriented Steel (CGRO)
- Non Oriented Electrical Steel (CRNGO)
Application
- Battery (direct use)
- Electrical Ballasts (lighting)
- Others
- Wound Cores
- Inductors
- Shunt Reactors
- Converters (power electronics / inverters)
- Power Generators (incl. gensets)
- Motors
- Transformers
End-User
- Others
- Building & Construction
- Household Appliances
- Automobiles
- Energy & Power
Flux Density
- Less Than 1.65 Tesla
- Above 1.76 Tesla
- 1.65 Tesla to 1.69 Tesla
- 1.73 Tesla to 1.76 Tesla
- 1.69 Tesla to 1.73 Tesla
Thickness
- Others / specialized grades
- 0.5–0.65 mm
- 0.5 mm
- 0.25–0.27 mm
- 0.35 mm
Core Losses
- 1.9
- 2.1
- >4.0
- 2.3
- 2.5
- 2.7
- 2.7-4.02
Frequently Asked Questions
The Netherlands Electrical Steel Market is segmented based on Segmentation Type,Application,End-User,Flux Density,Thickness,Core Losses.
Netherlands Electrical Steel Market was valued at USD 299.29(Revenue in USD Million) in 2024.
Netherlands Electrical Steel Market is projected to grow at a CAGR of 4.70% during the forecast period of 2024 to 2032.
The estimated market value of the Netherlands Electrical Steel Market for final year is USD 428.65 (USD Million).
Netherlands Electrical Steel Market Company Profiling
Frequently Asked Questions
The Netherlands Electrical Steel Market is segmented based on Segmentation Type,Application,End-User,Flux Density,Thickness,Core Losses.
Netherlands Electrical Steel Market was valued at USD 299.29(Revenue in USD Million) in 2024.
Netherlands Electrical Steel Market is projected to grow at a CAGR of 4.70% during the forecast period of 2024 to 2032.
The estimated market value of the Netherlands Electrical Steel Market for final year is USD 428.65 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.