Introduction The grain oriented electrical steel market is shaped as much by material science and manufacturing choices as by end-use demand. GOES has its grains aligned in one direction, giving higher magnetic efficiency along the rolling direction. Polaris Market Research values the market at USD 13.75 billion in 2025 and projects USD 22.71 billion by 2034, growing at a CAGR of 5.7% from...

Polaris Market Research today announced findings from its latest report, projecting the global grain oriented electrical steel market to grow from USD 13.75 billion in 2025 to USD 22.71 billion by 2034, at a CAGR of 5.7% from 2026 to 2034. The report profiles 10 leading companies across four major market segments, covering product type, thickness, application, and region. Grain-oriented...