The demand for grain oriented electrical steel (GOES) in the United States is poised for significant growth, driven by surging investments in renewable energy, electric vehicles, and advanced industrial applications. According to the latest Global Market Analysis Report 2035 by Fact.MR, the U.S. market is set to become a critical hub for this specialized steel, which is essential for manufacturing energy-efficient transformers and electrical equipment. As global efforts to modernize power grids and reduce carbon footprints intensify, the grain oriented electrical steel industry is entering a new phase of expansion, with major players and policymakers closely monitoring evolving market dynamics. This report provides an in-depth look at the factors shaping demand, key market trends, and future prospects for GOES in the U.S. and beyond.
Rising Demand for Grain Oriented Electrical Steel Fuels Growth in North American Manufacturing
The surge in demand for grain oriented electrical…
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Author : Atticus Reed
Publish date : 2025-12-15 08:38:00
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