Market Overview The global Electrical Steel market is on a strong growth trajectory, projected to expand from an estimated USD 30.9 billion in 2025 to approximately USD 52.4 billion by 2033, reflecting a robust compound annual growth rate (CAGR) of 7.0% during the forecast period. Electrical steel, also known as silicon steel or lamination steel, is a specialized alloy engineered to...

Market Overview The global Electrical Steel market is on a strong growth trajectory, projected to expand from an estimated USD 30.9 billion in 2025 to approximately USD 52.4 billion by 2033, reflecting a robust compound annual growth rate (CAGR) of 7.0% during the forecast period. Electrical steel, also known as silicon steel or lamination steel, is a specialized alloy engineered to...

The global phenolic resins market, valued at USD 16.36 billion in 2024, is projected to reach USD 24.16 billion by 2034, expanding at a CAGR of 4.0%. Phenolic resins, a key class of thermosetting resins, are widely recognized for their excellent thermal stability, chemical resistance, and mechanical performance. These properties make them indispensable in diverse industries, including...