What's Driving the Electrical Steel Market Share Cogent Power Ltd, Aperam, Voestalpine, Tempel, Thyssenkrupp and KOBE
North America grain oriented electrical steel market from energy applications should exceed USD 120 million by 2024. Rising urbanization, increase in disposable income and changing living standards have increased the demand of energy efficient household appliances. These specialty steel products are widely used in white goods such as refrigerators, air-conditioners and washing machines owing their strength and heat resistibility which is likely to boost the market growth in the region.
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