According to the latest report by IMARC Group, "Global Steel Grating Market Growth, Size, Share, Industry Trends, Opportunity and Forecast 2022-2027", the global steel grating market reached a value of US$ 191.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 254.0 Billion by 2027 exhibiting a CAGR of 4.50% during 2022-2027.
A steel grating, also called bar grating, refers to an open grid assembly of metal bars that hold heavy loads with minimal weight. Some of the commonly available variants include powder-coated carbon, stainless, galvanized, etc. Furthermore, steel gratings offer several benefits, such as durability, sustainability, high tensile strength, ease of cleaning, ventilation and penetration of light, fixation and dismantling, etc. As a result, steel gratings are extensively utilized across various sectors, including oil and gas, food processing, mining, pharmaceutical, chemical, etc.
Report Metric
- Historical: 2016-2021
- Base Year: 2021
- Forecast Year: 2022-2027
Steel Grating Market Trends and Drivers:
The inflating need for wastewater treatment plants to withstand corrosive and high-moisture environments is primarily driving the steel grating market. Additionally, the widespread product adoption in drilling platforms to explore offshore oil and natural gas resources, owing to its high bearing capacity and explosion-proof properties, is further stimulating the market growth.
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Besides this, the increasing utilization of steel grating in mezzanines, floors, stair treads, fencing, heavy equipment areas, and maintenance platforms of workshops, factories, motor rooms, trolley channels, boilers, etc., is acting as another significant growth-inducing factor.
Moreover, the growing number of tracks for pedestrian, physically challenged, and geriatric populations to walk freely and safely on roads is also propelling the product demand across countries. Apart from this, the rising investments by government bodies in infrastructural development are anticipated to fuel the steel grating market over the forecasted period.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Steel Grating Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Alabama Metal Industries Corporation (Gibraltar Industries Inc.), IKG, Interstate Gratings LLC, Lionweld Kennedy Flooring Limited (Hill & Smith Holdings), Lichtgitter GmbH, Marco Specialty Steel Inc., Meiser GmbH, Nucor Corporation, Ohio Gratings Inc., P&R Metals Inc., Sinosteel Corporation and Valmont Industries Inc.
The report has segmented the market on the basis of region, product type, chemical composition, manufacturing process and application.
Breakup by Material Type:
- Carbon Steel Grating
- Stainless Steel Grating
- Mild Steel Grating
Breakup by Fabrication:
- Welded Steel Grating
- Swage Locked Grating
- Press Locked Grating
- Riveted Grating
- Close Mesh Steel Grating
Breakup by Surface Type:
- Serrated Steel Grating
- Plain Steel Grating
Breakup by Application:
- Walkways
- Stair Treads
- Platforms
- Security Fence
- Drainage Covers
- Trench Covers
- Others
Breakup by End Use Industry:
- Oil and Gas
- Food Processing
- Pharmaceuticals
- Cement
- Chemical
- Mining
- Marine
- Civil Engineering
- Wastewater Treatment
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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AMA Research published a new research publication on "Global Steel Grating Market Insights, to 2026" with 150+ pages and enriched with self-explained Tables and charts in presentable format.
In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders.
It is used to improve traction and reduce the risk of slips and falls while walking on the floor.
This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
Each company profiled in the research document is studied considering various factors such as product and its application portfolios, market share, growth potential, future plans, and development activity like merger & Acquisitions, JVs, Product launch etc.
Most importantly, the report sheds light on important strategies that key and emerging players are taking to maintain their ranking in the Global Steel Grating Market.
On the contrary, installation of new manufacturing facilities is expected to create lucrative opportunities for the market players in the future.Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/8325Covid-19 scenario: Due to the Covid-19 outbreak, there is a significant decline in production activities of the end-use industries.
Owing to a disrupted supply chain, there has been decrease in demand for steel grating.The prolonged lockdown across various regions and lack of workers have decreased the production of steel grating.The U.S. steel grating market is segmented on the basis of material type, surface type, fabrication, application, end-use industry, and geography.
However, the stainless-steel grating segment is expected to register the highest CAGR of 5.8% during the forecast period.Get Detailed COVID-19 Impact Analysis on the U.S. Steel Grating Market @ https://www.alliedmarketresearch.com/request-for-customization/8325?reqfor=covidOn the basis of surface type, the market is classified into plain steel grating and serrated steel grating.
Moreover, the segment held the largest share in 2019, contributing to more than three-fifths of the market.Based on fabrication, the market is divided into welded steel grating, swage locked grating, press locked grating, riveted grating, and close mesh steel grating.
However, the market across the West is projected to manifest the highest CAGR of 4.6% during the forecast period.The U.S. steel grating market report includes an in-depth analysis of the major market players such as Eaton Corporation, Grating Pacific Inc., Farwest Steel Corporation, Interstate Gratings LLC, IKG, Indiana Gratings Inc., Nucor Corporation, Mcnichols Co. Inc., Lichtgitter GmbH, P Metals, and Valmont Industries Inc.Obtain Report Details: https://www.alliedmarketresearch.com/us-steel-grating-market-A07960 About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon.
Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions."
The report, titled Global Steel Grating Market 2020-2026, is an exhaustive document that gives significant insights into market components like drivers, restrictions, competitive landscape, and technology development.
The report focuses on significant development factors and obstacles accepted by market leaders in the Steel Grating Industry market.The Steel Grating market report additionally covers an overview of the fragments and sub-division’s including the product types, applications, organizations and regions.
This report evaluates the market division just as the competitive landscape on a global and country level.
The report gives revenue of the Steel Grating market for the period 2020-2026, thinking about 2019 as the base year and 2026 as the forecast year.
The report gives an inside and out analysis of the overall market structure of Steel Grating and evaluates the possible changes in the current as well as future serious situations of the Steel Grating market.Detailed TOC along with also Charts & Tables of Steel Grating Market Research Report accessible at: https://www.futuristicreports.com/request-sample/1232Key Players Mentioned at the Steel Grating Market Report:Borden MetalJiangsu HascoYantai WanjieP MetalsAnping RuntanGrating PacificLionweld KennedyHarsco (IKG)AMICORhino GratingOhio GratingsChengdu XinfangtaiSangwonBeijing DaheMarco SpecialtyGuangdong Nanhai JimuInterstateNorthwest GratingKookjae Metal Co., Ltd.SinosteelNepeanKadee IndustriesNingbo LihongyuanW.S.
Molnar Applications ArchitectureSewage DisposalPetrochemicalOthersTypesCarbon Steel GratingStainless Steel GratingMild Steel GratingRegional Or Country Level Customization : https://www.futuristicreports.com/customize-request/1232Steel Grating Market: Regional analysis includes:Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)Europe (Turkey, Germany, Russia UK, Italy, France, etc.
