DUBLIN--(BUSINESS WIRE)--The new research portal is an invaluable resource for anyone seeking company research on Baosteel and their activities within the automobile, energy, transport, petrochemical and aerospace industries, providing comprehensive research on their market position, competitor activity and their future outlook within these markets.
One such research report available on the portal, Electrical Steel Market by Type, Application & Region, forecasts the Electrical Steel Market to grow at a CAGR of 7.0% and value USD 38.98 billion by 2021.
Technological developments in the steel industry have resulted in improving the efficiency and effectiveness of steel products, along with reducing production and labor costs. The electrical steel market is gaining momentum due to advancements in technology and the high efficiency of electrical steel. This market has immense opportunities due to the increasing demand from the power sector. Other factors driving the electrical steel market is high consumption rate in transformers and motors. However, the volatility in price of raw material is restraining the growth of the electrical steel market.
“The portal provides visitors with unparalleled access to company research on Baosteel, enabling them to track the company’s performance and impact on the various markets in which it is currently engaged,” says Ross Glover, CEO of Research and Markets.
For more information visit http://www.researchandmarkets.com/companies/baosteel?cid=7s348l
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