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Electrical Steel Market is projected to expand at a CAGR of ~6.2% over the forecast period 2020 to 2030

Global Banking & Finance Review
Electrical Steel Market is projected to expand at a CAGR of ~6.2% over the forecast period 2020 to 2030
Published 3 hours ago
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel is anticipated to rebound and showcase a positive growth trend over the long-term forecast period. The above represented scenario is projected to expand the global electrical steel market at a positive CAGR of ~6.2% over the assessment period (2020-2030). ....

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Electrical Steel Market 2019 Global Trend, Growth, Demand, Size, Segmentation And Opportunities Forecast To 2025

Electrical Steel Market 2019 Global Trend, Growth, Demand, Size, Segmentation And Opportunities Forecast To 2025
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Light Steel Framing Market Size to Growing at a CAGR of 3.8% During 2020-2025

Increasing Investments in Construction Industry Driving the Growth of Light Steel Framing Market
BriefingWire.com, 3/03/2021 - Light Steel Framing Market size is forecast to reach $26.4 billion by 2025 after growing at a CAGR of 3.8% during the forecast period from 2020-2025. There has been a surge in the demand for steel in recent times, owing to the various advantages of steel, such as overall load, construction cost and quality over concrete. Being strong and relatively lightweight too, steel also has cost advantage over any other material used for construction such as concrete, wood etc. With the growing infrastructure needs which demand construction at high speed, strong structure and economic viability, light steel framing industry has a potentially successful future. ....

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Stainless Steel Market Size to Hit Around US$ 168.24 Bn by 2027

Stainless Steel Market Size to Hit Around US$ 168.24 Bn by 2027
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Oil Country Tubular Goods (OCTG) Market expected to reach USD 77110.10 Million by 2025 with the CAGR of 7.02%

(MENAFN - BrandEssence Market Research Company Pvt Ltd)
Oil Country Tubular Goods (OCTG) Market is valued at USD 47957.51 Million in 2018 and expected to reach USD 77110.10 Million by 2025 with the CAGR of 7.02% over the forecast period.
Increase in drilling and production activities, growing energy demand to fulfill the consumption needs, rise in offshore drilling activities, need for alternative technologies, exploration of shale resources as well as capital expenditure improvement in upstream sector are the basic factors behind the increased demand for the oil country tubular goods market.
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Scope of OCTG Market
Oil Country Tubular Goods (OCTG) are defined as the tubes which are used in oil and gas production. These includes drill pipe, casing and tubing. OCTGs are used both onshore and offshore that is on the land and in ocean. Each wellbore processed in multiple phases during which drill pipe, casing and tubing are used alt ....

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