According to the report by Expert Market Research (EMR), the global steel grating market is projected to grow at a CAGR of 4.7% between 2024 and 2032. Aided by the expanding construction industry and the increasing application in various industrial sectors, the market is expected to grow significantly by 2032.
Steel grating is a framework of metal bars or wires arranged to form a grid-like pattern and is widely used in industrial and commercial applications. Its durability, strength, and versatility make it an essential component in various sectors, including construction, energy, waste treatment, and shipbuilding.
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One of the key propellants of the global steel grating market demand is the robust growth in the construction sector, particularly in developing countries. As urbanisation and industrialisation continue to rise across the world, the demand for steel grating in walkways, drainage systems, and architectural applications is increasing.
Another significant factor contributing to the market’s growth is the expanding energy sector. In oil and gas, as well as renewable energy projects, steel grating is extensively used for platforms, stair treads, and catwalks, owing to its slip resistance and durability in harsh environments.
The steel grating market growth is also influenced by advancements in manufacturing technology. Innovations in design and material composition, such as lightweight and high-strength gratings, are enhancing the efficiency and application scope of steel gratings in various industries.
Furthermore, government initiatives in infrastructure development, particularly in transportation and public facilities, are significantly boosting market expansion. These initiatives often include the development of new airports, bridges, and wastewater treatment plants, where steel grating is a preferred material.
As per the steel grating market analysis, the growing trend towards sustainable and eco-friendly construction practices is another key factor driving the market. Steel grating, being durable and recyclable, aligns well with these practices, making it a popular choice in green building projects.
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Geographically, the Asia-Pacific region holds a significant share of the global steel grating market, driven by rapid industrialisation and infrastructure development in countries like China and India. North America and Europe also represent substantial markets, with a focus on advanced construction techniques and safety standards.
Steel Grating Market Segmentation
The market can be divided based on product type, surface type, fabrication, application, end use, and region.
Market Breakup by Product Type
- Stainless Steel Grating
- Carbon Steel Grating
- Aluminium Steel Grating
Market Breakup by Surface Type
- Plain Steel Grating
- Serrated Steel Grating
Market Breakup by Fabrication
- Welded Steel Grating
- Swage Steel Grating
- Press Locked Grating
- Riveted Grating
- Close Mesh Steel Grating
- Others
Market Breakup by Application
- Stair Tread
- Walkways
- Platforms
- Security Fence
- Drainage Covers
- Trench Covers
- Others
Market Breakup by End Use
- Food Processing
- Pharmaceuticals
- Cement
- Steel
- Chemical
- Paper Making
- Oil and Gas
- Electric Power
- Mining
- Marine
- Wastewater Management
- Civil Engineering
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global steel grating market. Some of the major players explored in the report by Expert Market Research are as follows:
- Alabama Metal Industries Corporation
- Anping Enzar Metal Products Co., Ltd.
- Interstate Gratings, LLC
- Lionweld Kennedy Flooring Ltd.
- Ohio Gratings Inc.
- Lichtgitter GmbH
- Nucor Corporation
- Valmont Industries, Inc.
- Others
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