Cold Rolled Grain Oriented Steel Market to Reach USD 27.5 Billion by 2030, Growing Demand for Efficient Electrical Steel https://dataintelo.com/report/global-cold-rolled-grain-oriented-steel-market The Cold Rolled Grain Oriented Steel Market is poised for significant growth, projected to reach USD 27.5 billion by 2030 with a CAGR of 6.2% during the forecast period. Cold rolled grain-oriented (CRGO) steel is widely used in the manufacturing of transformers, electrical motors, and other electrical applications due to its unique magnetic properties. The increasing demand for energy-efficient electrical devices is expected to fuel the market's growth in the coming years. Cold rolled grain-oriented steel is primarily employed in power generation and distribution equipment, making it an essential component in the production of transformers and other high-efficiency electrical machinery. As governments and businesses focus on sustainable energy soluti