The global steel grating market reached a value of US$ 191.7 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 254.0 Billion by 2027 exhibiting a CAGR of 4.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Steel gratings, also known as bar gratings, are open grid assemblies of metal bars that hold heavy loads with minimal weight. They offer durability, sustainability, high tensile strength, anti-deformation properties, ventilation and penetration of light, and ease of cleaning, fixation and dismantling.
As a result, they are widely used in floors, mezzanines, stair treads, fencing, and maintenance platforms of factories, workshops, motor rooms, trolley channels, boilers, and heavy equipment areas. Besides this, they find extensive applications in residential and commercial spaces as steel gratings are available in powder-coated carbon, galvanized, and stainless steel around the world.
Steel Grating Market Trends:
There is currently a considerable rise in the employment of steel gratings in the construction of platforms, drainage and trench covers. This, along with rapid industrialization across the globe, represents one of the key factors driving the market. Moreover, governments of several countries, especially in developing economies, are extensively investing in infrastructure development, which is positively influencing the market.
In addition, the increasing utilization of steel gratings in wastewater treatment plants to withstand corrosive and high-moisture environments is contributing to the growth of the market. Besides this, they are widely used in drilling platforms to explore offshore oil and natural gas resources due to their high bearing capacity and explosion-proof and non-slip properties.
Additionally, a rising number of walkways for pedestrians, physically challenged and old age people, and children to walk freely and safely on roads and gardens is stimulating the market growth. Furthermore, key market players are offering various customizations like accessories and fabrications of grating products to end users, which is projected to bolster the growth of the market.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global steel grating market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on material type, fabrication, surface type, application and end use industry.
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Key Questions Answered in This Report:
How has the global steel grating market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global steel grating market?
What are the key regional markets?
What is the breakup of the market based on the material type?
What is the breakup of the market based on the fabrication?
What is the breakup of the market based on the surface type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global steel grating market and who are the key players?
What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction 4.1 Overview 4.2 Key Industry Trends
5 Global Steel Grating Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast
