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Steel Grating Market Size, Share, Industry Growth & Forecast Report [2032]

Steel Grating Industry Overview 2024-2032

Summary:

  • The global steel grating market size reached USD 210.7 Billion in 2023.
  • The market is expected to reach USD 298.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032.
  • Asia Pacific leads the market, accounting for the largest steel grating market share.
  • Carbon steel grating leads the market as it has exceptional durability. 
  • Welded steel grating holds the largest market share.
  • Serrated steel grating dominates the market as it provides effective drainage and debris removal. 
  • Walkways holds the largest share in the steel grating
  • Oil and gas accounts for the largest market share as steel grating is used in a diverse range of areas in this industry.
  • The rapid expansion of industrial infrastructure is a primary driver of the steel grating market.
  • The steel grating market growth and forecast highlight a significant rise due to increasing focus on workplace safety and compliance.

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Industry Trends and Drivers:

  • Growth of industrial infrastructure:

The rapid expansion of industrial infrastructure globally is a key driver of the steel grating market share. Industries such as oil and gas, chemical processing, power generation, and manufacturing require durable and safe flooring solutions for facilities, equipment platforms, and walkways, increasing demand for steel grating. With urbanization and industrialization trends, particularly in emerging markets, there’s a heightened need for infrastructure that can withstand heavy usage, making steel grating a preferred choice. Its ability to provide safety, high load-bearing capacity, and corrosion resistance supports its widespread application, positively impacting the market. As industries expand, demand for reliable, maintenance-free materials like steel grating is expected to remain robust.

  • Increasing focus on safety and workplace compliance:

Another significant factor is the increasing focus on workplace safety and compliance, which is shaping steel grating market trends. Industries and commercial facilities must meet rigorous safety standards to ensure safe, slip-resistant surfaces, especially in hazardous environments. Steel grating is ideal for creating secure walkways, stair treads, and platforms. Additionally, it offers natural drainage capabilities, reducing accident risks in wet or slippery areas, and is becoming integral to industrial and commercial designs as safety standards evolve. These aspects are increasing the steel grating demand across multiple sectors. As regulations become stricter, the demand for compliant materials like steel grating in workplace applications continues to grow.

  • Rising demand in construction:

With the rise in construction projects globally, the steel grating market size is experiencing notable growth. Steel grating is increasingly utilized in urban infrastructure such as bridges, railings, and pedestrian walkways, driven by its durability and low maintenance. The ongoing development of smart cities, transportation networks, and public spaces emphasizes materials that offer strength, resilience, and aesthetic appeal, all attributes found in steel grating. Furthermore, the construction sector’s growing preference for materials that can withstand weather elements while remaining low-maintenance has contributed to the rising market. As urban centers expand, demand for sustainable materials like steel grating in both private and public construction projects is set to increase.

Steel Grating Market Report Segmentation:

Breakup By Material Type:

  • Carbon Steel Grating
  • Stainless Steel Grating
  • Mild Steel Grating

Carbon steel grating dominates the market due to its exceptional strength and durability.

Breakup By Fabrication:

  • Welded Steel Grating
  • Swage Locked Grating
  • Press Locked Grating
  • Riveted Grating
  • Close Mesh Steel Grating

Welded steel grating holds the largest market share as it is preferred in commercial applications where machinery and foot traffic requires reliable support systems.

Breakup By Surface Type:

  • Serrated Steel Grating
  • Plain Steel Grating

Serrated steel grating holds the largest share in the market as it provides effective drainage and debris removal.

Breakup By Application:

  • Walkways
  • Stair Treads
  • Platforms
  • Security Fence
  • Drainage Covers
  • Trench Covers
  • Others

Walkways dominate the market as they are used in manufacturing, transportation, commercial, and residential sectors.

Breakup By End Use Industry:

  • Oil and Gas
  • Food Processing
  • Pharmaceuticals
  • Cement
  • Chemical
  • Mining
  • Marine
  • Civil Engineering
  • Wastewater Treatment
  • Others

Oil and gas accounts for the largest market share as steel grating is used in a diverse range of areas in this industry.

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

Asia Pacific dominates the market due to rapid urbanization and industrialization.

Top Steel Grating Market Leaders:

The steel grating market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

  • 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
  • Valmont Industries Inc

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

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