CRNO Steel’s Rise in Aerospace: Lighter, Stronger, and More Efficient
December 1, 2023 ⚊ 1 Min read ⚊ Views 28 ⚊ BUSINESSGlobal Cold Rolled Non-Oriented (CRNO) Steel lamination Market was valued at US $ 28.6 Billion in 2022 and is expected to reach US $ 42.9 Billion by 2030 growing at a CAGR of 5.2% during the forecast period 2023 – 2030.The Cold Rolled Non-Oriented (CRNO) Steel lamination market is currently experiencing substantial growth, driven by the increasing demand for high-quality steel in various industrial applications. Manufacturers are recognizing the unique properties of CRNO steel, particularly its excellent magnetic characteristics, making it a preferred choice in the production of electrical components such as transformers and motors.
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