Non-oriented Silicon Steel for Automotive Market Research Report 2025,Forecast to 2032


Global Non-oriented Silicon Steel for Automotive Market remains a critical segment in the evolving automotive electrification landscape, with its valuation reaching USD 1.24 billion in 2023. Industry projections indicate steady growth at a CAGR of 2.1%, pushing the market toward USD 1.49 billion by 2032.

Non-oriented silicon steel offers superior magnetic properties with isotropic characteristics, making it ideal for rotating applications like EV traction motors and power steering systems. As automakers aggressively pursue lightweighting strategies to extend battery range, manufacturers are innovating thinner gauges without compromising magnetic performance.

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Market Overview & Regional Analysis

Asia-Pacific commands over 65% of global production capacity, with China's massive EV adoption driving unprecedented demand. Tier 1 suppliers are establishing local processing centers near automotive hubs to reduce logistics costs for stamped laminations. Japan maintains technological leadership in high-grade products, while South Korea benefits from synergies between POSCO's steel operations and Hyundai-Kia's EV ambitions.

North America shows accelerated adoption as US automakers retool factories for electric drivetrains. The Inflation Reduction Act's local content provisions are reshaping supply chains, with AK Steel and Nucor expanding domestic production. Europe's stringent efficiency regulations continue pushing premium vehicle manufacturers toward advanced electrical steel solutions despite higher costs.

Key Market Drivers and Opportunities

The market's growth stems from three seismic industry shifts: the rapid electrification of global fleets, stricter energy efficiency standards for automotive components, and innovations in motor design requiring specialized steels. Passenger EVs account for 58% of current demand, with commercial vehicles representing the fastest-growing segment at 23% annual growth.

Emerging opportunities include the development of ultra-thin (0.15mm) grades for high-frequency applications and silicon-aluminum alloys that reduce weight by 8-12%. The secondary market for grain-oriented steel reprocessing also gains traction as manufacturers seek cost-effective alternatives without sacrificing performance.

Challenges & Restraints

While demand escalates, the market faces significant headwinds. Volatile rare earth prices impact production costs, and stringent quality requirements create barriers for new entrants. Over 40% of manufacturers report capacity constraints in meeting automakers' just-in-time delivery expectations. Trade tensions continue disrupting supply chains, particularly affecting European importers reliant on Asian producers.

Market Segmentation by Type

  • 0.15 mm and Below
  • 0.20mm
  • 0.35mm

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Market Segmentation by Application

  • Passenger Car
  • Commercial Car

Market Segmentation and Key Players

  • AK Steel
  • Shanghai Meta
  • Stalprodukt SA
  • EILOR
  • POSCO
  • KODDAERT nv
  • Millennium Steel
  • Shou Gang Group
  • Baosteel
  • JFE Steel
  • NSSMC
  • ThyssenKrupp
  • Arcelormittal
  • TaTa Steel

Report Scope

This report delivers comprehensive analysis of the global non-oriented silicon steel market for automotive applications during 2024-2032, featuring:

  • Detailed demand forecasts by vehicle type and region
  • Technology roadmaps for next-generation electrical steels
  • Comparative analysis of material performance metrics

The study includes in-depth profiles of 15 leading manufacturers examining:

  • Production capabilities and expansion plans
  • Strategic partnerships with automotive OEMs
  • Research initiatives in high-Si content steels

Our research methodology incorporated:

  • Primary interviews with steel producers and tier-1 suppliers
  • Analysis of 28 upcoming EV platform requirements
  • Evaluation of regional policy impacts on material flows

Get Full Report Here: https://www.24chemicalresearch.com/reports/282811/non-oriented-silicon-steel-market

About 24chemicalresearch

Founded in 2015, 24chemicalresearch has rapidly established itself as a leader in chemical market intelligence, serving clients including over 30 Fortune 500 companies. We provide data-driven insights through rigorous research methodologies, addressing key industry factors such as government policy, emerging technologies, and competitive landscapes.

  • Plant-level capacity tracking
  • Real-time price monitoring
  • Techno-economic feasibility studies

With a dedicated team of researchers possessing over a decade of experience, we focus on delivering actionable, timely, and high-quality reports to help clients achieve their strategic goals. Our mission is to be the most trusted resource for market insights in the chemical and materials industries.

International: +1(332) 2424 294 | Asia: +91 9169162030

Website: https://www.24chemicalresearch.com/

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