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Electrical Steel Market 2025: Size, Trends, Global Industry Overview, and Forecast to 2033 | #electrical steel market Trends #electrical steel market size #electrical steel market Outlook

Electrical Steel Market 2025: Size, Trends, Global Industry Overview, and Forecast to 2033

Electrical Steel Market 2025: Size, Trends, Global Industry Overview, and Forecast to 2033

The global electrical steel market size was valued at USD 41.97 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 66.95 Billion by 2033, exhibiting a CAGR of 4.79% during 2025-2033.