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From 2024–2031, the steel grating market is anticipated to expand from an initial valuation of $77,486.89 million to a final valuation of $1,38,699.98 million, a compound annual growth rate (CAGR) of 9.6 percent.
Because of its versatility, durability, and resistance to corrosion, steel grating—an open grid construction of metal bars—finds widespread use in a variety of settings. Due to their high load-bearing capacity, steel gratings find widespread use in flooring applications. Manhole covers, stair treads, handrails, platforms, drainage covers, trench covers, and walkways are just a few of the many areas where steel grating finds use. The steel grating market is poised for significant expansion because to rising government investment on infrastructure construction and the rapid industrialization of emerging economies like Japan, India, China, and Brazil. The steel grating market worldwide was led by Asia Pacific in 2019. The increase in urbanization and the number of middle-class people in this region are the main factors driving market expansion. Manufacturers have set up shop in the Asia Pacific region due to the region's increasing need for steel grating.
The open grid assembly of metal bars that makes up steel grating, sometimes called bar grating or metal grating, is designed to support heavy loads with little weight. The bearing bars are either rigidly attached to cross bars that run perpendicular to them or bent connecting bars that extend between them. The benefits, including as resistance to corrosion and low maintenance needs, make it a popular choice for many uses. Open and regularly shaped, steel grating is constructed from bars that are either locked or linked by welding to form parallel and crossbars. It often has a single set of expanded parts and is constructed from similar, elongated, and parallel ports. The primary consideration when selecting a steel grating type is its load-bearing capacity. Handrails, manhole covers, and stair treads are just a few of the many uses for steel grating. Pathways, platforms, safety fences, drainage, and trench covers are just a few of its many uses.
It is anticipated that the carbon steel grating segment will account for the largest portion of revenue over the projected period. Grating made of carbon steel is an excellent choice when a sturdy material that won't rust is needed. Flooring made of industrial steel grating or metal grating is an ideal candidate. When it comes to applications that carry weight, nothing beats the strength, longevity, and resistance to corrosion of stainless steel grating, which is bar grating of industrial grade. Foot and light car traffic make up the majority of its users.
Demand from end-use industries like food processing, pharmaceuticals, chemicals, steel, oil and gas, electric power, wastewater treatment, and civil engineering is the main factor propelling the worldwide steel grating market. Platforms, walkways, stair treads, drainage covers, and trench coverings are some of the many uses for steel grating in these sectors. The end-use industries are driving up the demand for steel grating because to its many desirable physical qualities. These include a high bearing capacity, skid-proofing, anti-deformation, easy fixing and dismantling, ventilation, light penetration, cost-effectiveness, durability, and ease of cleaning. The expansion of the global steel grating market is anticipated to be driven by these reasons over the forecast period.
Nevertheless, potential challenges to the expansion of the global steel grating market include carbon emissions from manufacturing the material and the increasing popularity of FRP grating due to its lightweight properties. Future prospects for the worldwide steel grating market are bright, thanks to rising safety concerns and the fast industrialization of emerging economies like India and China.
Different types of materials, surfaces, manufacturing processes, applications, and end-use industries make up the many segments that make up the worldwide steel grating market size. The worldwide market for steel grating is divided into submarkets based on material type, including stainless steel, carbon steel, and aluminum steel. There are two main varieties of steel grating, distinguished by their surface type: plain and serrated. As a result of its manufacturing process, it can be classified into several types of steel grating, including welded, swage locked, press locked, riveted, and close mesh. It is divided into many sections according to its uses, including stair treads, walkways, platforms, security fence, drainage covers, trench covers, and additional uses. Various end-use industries make up the market, including those dealing with food processing, pharmaceuticals, cement, steel, chemicals, papermaking, oil and gas, electric power, mining, maritime, wastewater treatment, civil engineering, and electric power. The North American, European, Asia-Pacific, and Latin American and Caribbean regions are the four main divisions.
Report Coverage
Global Steel Grating research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Steel Grating report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Steel Grating competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Steel Grating market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Steel Grating market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Steel Grating market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
P&R Metals, Valmont Industries, Alabama Metal Industries, Ohio Gratings, Lionweld Kennedy, Anping Enzar Metal Products Co. Ltd., Interstate Gratings, Sinosteel Corporation, Nucor Corporation, Litchgitter GmBH
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Steel Grating market based on the below-mentioned segments:
Global Steel Grating Market, By Product Type
Stainless Steel Grating
Carbon Steel Grating
Aluminum Steel Grating
Others
Global Steel Grating market, By Application
Stair Treads
Walkways
Platforms
Security Fence
Drainage Covers
Trench Covers
Others
Global Steel Grating Market, By End User
Food Processing
Pharmaceuticals
Cement
Steel
Chemical
Paper making
Oil & Gas
Electric Power
Mining
Marine
Wastewater Treatment
Civil Engineering
Others
Global Steel Grating market, Regional Analysis
Because of its versatility, durability, and resistance to corrosion, steel grating—an open grid construction of metal bars—finds widespread use in a variety of settings. Due to their high load-bearing capacity, steel gratings find widespread use in flooring applications. Manhole covers, stair treads, handrails, platforms, drainage covers, trench covers, and walkways are just a few of the many areas where steel grating finds use. The steel grating market is poised for significant expansion because to rising government investment on infrastructure construction and the rapid industrialization of emerging economies like Japan, India, China, and Brazil. The steel grating market worldwide was led by Asia Pacific in 2019. The increase in urbanization and the number of middle-class people in this region are the main factors driving market expansion. Manufacturers have set up shop in the Asia Pacific region due to the region's increasing need for steel grating.
The open grid assembly of metal bars that makes up steel grating, sometimes called bar grating or metal grating, is designed to support heavy loads with little weight. The bearing bars are either rigidly attached to cross bars that run perpendicular to them or bent connecting bars that extend between them. The benefits, including as resistance to corrosion and low maintenance needs, make it a popular choice for many uses. Open and regularly shaped, steel grating is constructed from bars that are either locked or linked by welding to form parallel and crossbars. It often has a single set of expanded parts and is constructed from similar, elongated, and parallel ports. The primary consideration when selecting a steel grating type is its load-bearing capacity. Handrails, manhole covers, and stair treads are just a few of the many uses for steel grating. Pathways, platforms, safety fences, drainage, and trench covers are just a few of its many uses.
It is anticipated that the carbon steel grating segment will account for the largest portion of revenue over the projected period. Grating made of carbon steel is an excellent choice when a sturdy material that won't rust is needed. Flooring made of industrial steel grating or metal grating is an ideal candidate. When it comes to applications that carry weight, nothing beats the strength, longevity, and resistance to corrosion of stainless steel grating, which is bar grating of industrial grade. Foot and light car traffic make up the majority of its users.
Demand from end-use industries like food processing, pharmaceuticals, chemicals, steel, oil and gas, electric power, wastewater treatment, and civil engineering is the main factor propelling the worldwide steel grating market. Platforms, walkways, stair treads, drainage covers, and trench coverings are some of the many uses for steel grating in these sectors. The end-use industries are driving up the demand for steel grating because to its many desirable physical qualities. These include a high bearing capacity, skid-proofing, anti-deformation, easy fixing and dismantling, ventilation, light penetration, cost-effectiveness, durability, and ease of cleaning. The expansion of the global steel grating market is anticipated to be driven by these reasons over the forecast period.
Nevertheless, potential challenges to the expansion of the global steel grating market include carbon emissions from manufacturing the material and the increasing popularity of FRP grating due to its lightweight properties. Future prospects for the worldwide steel grating market are bright, thanks to rising safety concerns and the fast industrialization of emerging economies like India and China.
Different types of materials, surfaces, manufacturing processes, applications, and end-use industries make up the many segments that make up the worldwide steel grating market size. The worldwide market for steel grating is divided into submarkets based on material type, including stainless steel, carbon steel, and aluminum steel. There are two main varieties of steel grating, distinguished by their surface type: plain and serrated. As a result of its manufacturing process, it can be classified into several types of steel grating, including welded, swage locked, press locked, riveted, and close mesh. It is divided into many sections according to its uses, including stair treads, walkways, platforms, security fence, drainage covers, trench covers, and additional uses. Various end-use industries make up the market, including those dealing with food processing, pharmaceuticals, cement, steel, chemicals, papermaking, oil and gas, electric power, mining, maritime, wastewater treatment, civil engineering, and electric power. The North American, European, Asia-Pacific, and Latin American and Caribbean regions are the four main divisions.
Report Coverage
Global Steel Grating research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Steel Grating report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Steel Grating competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Steel Grating market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | P&R Metals, Valmont Industries, Alabama Metal Industries, Ohio Gratings, Lionweld Kennedy, Anping Enzar Metal Products Co. Ltd., Interstate Gratings, Sinosteel Corporation, Nucor Corporation, Litchgitter GmBH |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Steel Grating Market from 2021 to 2031.
- Market Forecast for Steel Grating Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Steel Grating competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Steel Grating
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Steel Grating market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Steel Grating market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
P&R Metals, Valmont Industries, Alabama Metal Industries, Ohio Gratings, Lionweld Kennedy, Anping Enzar Metal Products Co. Ltd., Interstate Gratings, Sinosteel Corporation, Nucor Corporation, Litchgitter GmBH
Primary Target Market
- Market Players of Steel Grating
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Steel Grating market based on the below-mentioned segments:
Global Steel Grating Market, By Product Type
Stainless Steel Grating
Carbon Steel Grating
Aluminum Steel Grating
Others
Global Steel Grating market, By Application
Stair Treads
Walkways
Platforms
Security Fence
Drainage Covers
Trench Covers
Others
Global Steel Grating Market, By End User
Food Processing
Pharmaceuticals
Cement
Steel
Chemical
Paper making
Oil & Gas
Electric Power
Mining
Marine
Wastewater Treatment
Civil Engineering
Others
Global Steel Grating market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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