Global Steel Grating Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 10/11/2022
- NO OF PAGES
- 239
- CATEGORY
- Construction & Manufacturing
Market Overview:
The global steel grating market size was valued at around USD 192.9 billion in 2021 and expected to grow at a CAGR of 4.8% during the forecast period. Steel grating refers to a type of grating that is made from steel, typically in the form of flat bars and cross bars, and is commonly used as a platform or flooring for industrial applications. The global steel grating market refers to the market for steel grating products, which are used in a wide range of applications including walkways, stair treads, drainage covers, and other industrial and commercial flooring applications. The market includes various types of steel grating products such as welded steel grating, pressure locked grating, and others. The demand for steel grating products is driven by various factors such as industrial growth, infrastructure development, and increasing construction activities across the globe.
Covid-19 Impact:
The COVID-19 pandemic has had a significant impact on the global steel grating market, as it has affected various industries and supply chains across the globe. The pandemic has led to a slowdown in construction and infrastructure development activities in many countries, which has reduced the demand for steel grating products. Additionally, disruptions in the global supply chain due to lockdowns, travel restrictions, and border closures have caused delays in the delivery of raw materials and finished products, affecting the overall production of steel grating products.
However, the steel grating market has also experienced some positive impacts due to the pandemic. With the increasing emphasis on hygiene and safety, there has been a growing demand for products such as antimicrobial grating, which can help to prevent the spread of viruses and bacteria. Furthermore, as many countries are investing in the development of healthcare infrastructure to cope with the pandemic, there has been a growing demand for steel grating products for use in hospitals, clinics, and other healthcare facilities.
Overall, while the COVID-19 pandemic has caused significant disruptions and challenges for the global steel grating market, there are also opportunities for growth and innovation in response to the changing needs and demands of the market.
Market Dynamics:
Drivers:
Growing demand from construction and infrastructure development: Steel grating is widely used in construction and infrastructure development projects, such as bridges, industrial flooring, and drainage covers. The increasing demand for such projects in emerging economies, coupled with the need for infrastructure maintenance and repair in developed countries, is driving the demand for steel grating products.
Expansion of the industrial sector: Steel grating is also used in the industrial sector for applications such as platforms, walkways, and stair treads. As the industrial sector expands in many countries, there is a growing demand for steel grating products to support these operations.
Advantages over other materials: Steel grating has several advantages over other materials, such as durability, strength, and corrosion resistance. These advantages make steel grating a preferred choice for many applications, driving demand in the market.
Increasing safety concerns: Steel grating is used in many safety-critical applications, such as walkways and stair treads. The growing emphasis on safety and workplace regulations is driving demand for high-quality steel grating products that meet safety standards.
Technological advancements: Advancements in technology have enabled the development of new and innovative steel grating products, such as antimicrobial grating, which is in high demand due to the COVID-19 pandemic. These advancements are driving growth and innovation in the market.
Restraints:
Fluctuating raw material prices: The price of steel, which is the primary raw material for steel grating, is subject to fluctuations due to factors such as supply and demand, trade policies, and global economic conditions. This can lead to price volatility and affect the profit margins of steel grating manufacturers.
Environmental concerns: The production of steel grating has an environmental impact, such as carbon emissions, waste generation, and water usage. As governments and consumers become more environmentally conscious, there is increasing pressure on industries to reduce their environmental impact, which could impact the steel grating market.
Competition from alternative materials: While steel grating has several advantages over alternative materials such as aluminum and fiberglass, these materials are gaining popularity due to their lighter weight and lower cost. This could lead to increased competition in the steel grating market.
Regional Analysis:
North America: The North American steel grating market is driven by demand from the construction and industrial sectors, as well as the need for infrastructure maintenance and repair. The United States and Canada are the major markets in this region.
Europe: The European steel grating market is driven by the growing demand for infrastructure development and construction activities. Countries such as Germany, the United Kingdom, and France are the major markets in this region.
Asia Pacific: The Asia Pacific steel grating market is the largest and fastest-growing market, driven by the increasing demand for infrastructure development and construction activities in emerging economies such as China, India, and Southeast Asia.
Middle East and Africa: The Middle East and Africa steel grating market is driven by demand from the construction and industrial sectors, as well as infrastructure development activities in countries such as the United Arab Emirates, Saudi Arabia, and South Africa.
Latin America: The Latin American steel grating market is driven by demand from the construction and industrial sectors, as well as infrastructure development activities in countries such as Brazil, Mexico, and Argentina.
Market Segmentation:
Type: The market can be segmented by type of steel grating such as welded steel grating, press-locked steel grating, and swage-locked steel grating.
Material: The market can be segmented by the type of material used for steel grating such as carbon steel, stainless steel, and aluminum.
Application: The market can be segmented by application such as construction, industrial, and infrastructure development.
End-user industry: The market can be segmented by end-user industry such as energy and utilities, automotive and transportation, manufacturing, and oil and gas.
Region: The market can be segmented by region such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Competitive Landscape:
The global steel grating market is highly competitive, with several key players operating in the market.
Some of the major players in the market include:
AMICO
Nucor Corporation
Harsco Corporation
Grating Pacific
Ningbo Lihongyuan Steel Grating Co., Ltd
Other notable players in the market include Webforge, Ohio Gratings, Inc., Interstate Gratings, and Lionweld Kennedy. These companies compete on factors such as product quality, pricing, innovation, and customer service to maintain their market position and gain market share.
Global Steel Grating Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Historic Year: 2016-2022
Forecast: 2024-2035
1 Steel Grating Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Steel Grating
1.3 Steel Grating Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Steel Grating Revenue and Growth Rate from 2016-2030
1.4 Market Segmentation
1.4.1 Types of Steel Grating
1.4.2 Applications of Steel Grating
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Steel Grating Industry Trends
1.5.2 Steel Grating Drivers
1.5.3 Steel Grating Market Challenges
1.5.4 Steel Grating Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Steel Grating Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Steel Grating Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Steel Grating Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Steel Grating
2.2.1 Major Players Manufacturing Base of Steel Grating in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Steel Grating Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Steel Grating
2.3.3 Labor Cost of Steel Grating
2.4 Market Channel Analysis of Steel Grating
2.5 Major Down Stream Customers by Application
3 Global Steel Grating Market, by Type
3.1 Global Steel Grating Revenue and Market Share by Type (2016-2021)
3.2 Global Steel Grating Production and Market Share by Type (2016-2021)
3.3 Global Steel Grating Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Steel Grating Revenue and Growth Rate of Carbon Steel Grating
3.3.2 Global Steel Grating Revenue and Growth Rate of Stainless Steel Grating
3.3.3 Global Steel Grating Revenue and Growth Rate of Mild Steel Grating
3.4 Global Steel Grating Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends
4 Steel Grating Market, by Application
4.1 Downstream Market Overview
4.2 Global Steel Grating Consumption and Market Share by Application (2016-2021)
4.3 Global Steel Grating Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Steel Grating Consumption and Growth Rate of Architecture (2016-2021)
4.3.2 Global Steel Grating Consumption and Growth Rate of Sewage Disposal (2016-2021)
4.3.3 Global Steel Grating Consumption and Growth Rate of Petrochemical (2016-2021)
4.3.4 Global Steel Grating Consumption and Growth Rate of Others (2016-2021)
5 Global Steel Grating Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Steel Grating Revenue and Market Share by Region (2016-2021)
5.2 Global Steel Grating Consumption and Market Share by Region (2016-2021)
5.3 Global Steel Grating Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Steel Grating Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Steel Grating Market Under COVID-19
5.4.2 North America Steel Grating SWOT Analysis
5.5 Europe Steel Grating Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Steel Grating Market Under COVID-19
5.5.2 Europe Steel Grating SWOT Analysis
5.6 China Steel Grating Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Steel Grating Market Under COVID-19
5.6.2 China Steel Grating SWOT Analysis
5.7 Japan Steel Grating Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Steel Grating Market Under COVID-19
5.7.2 Japan Steel Grating SWOT Analysis
5.8 Middle East and Africa Steel Grating Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Steel Grating Market Under COVID-19
5.8.2 Middle East and Africa Steel Grating SWOT Analysis
5.9 India Steel Grating Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Steel Grating Market Under COVID-19
5.9.2 India Steel Grating SWOT Analysis
5.10 South America Steel Grating Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Steel Grating Market Under COVID-19
5.10.2 South America Steel Grating SWOT Analysis
5.11 South Korea Steel Grating Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Steel Grating Market Under COVID-19
5.11.2 South Korea Steel Grating SWOT Analysis
5.12 Southeast Asia Steel Grating Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Steel Grating Market Under COVID-19
5.12.2 Southeast Asia Steel Grating SWOT Analysis
6 Global Steel Grating Production by Top Regions (2016-2021)
6.1 Global Steel Grating Production by Top Regions (2016-2021)
6.2 North America Steel Grating Production and Growth Rate
6.3 Europe Steel Grating Production and Growth Rate
6.4 China Steel Grating Production and Growth Rate
6.5 Japan Steel Grating Production and Growth Rate
6.6 India Steel Grating Production and Growth Rate
7 Global Steel Grating Consumption by Regions (2016-2021)
7.1 Global Steel Grating Consumption by Regions (2016-2021)
7.2 North America Steel Grating Consumption and Growth Rate
7.3 Europe Steel Grating Consumption and Growth Rate
7.4 China Steel Grating Consumption and Growth Rate
7.5 Japan Steel Grating Consumption and Growth Rate
7.6 Middle East & Africa Steel Grating Consumption and Growth Rate
7.7 India Steel Grating Consumption and Growth Rate
7.8 South America Steel Grating Consumption and Growth Rate
7.9 South Korea Steel Grating Consumption and Growth Rate
7.10 Southeast Asia Steel Grating Consumption and Growth Rate
8 Competitive Landscape
8.1 Competitive Profile
8.2 Sino Steel Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Steel Grating Product Profiles, Application and Specification
8.2.3 Sino Steel Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 Staco Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Steel Grating Product Profiles, Application and Specification
8.3.3 Staco Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 McNICHOLS Company Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Steel Grating Product Profiles, Application and Specification
8.4.3 McNICHOLS Company Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 Marco Specialty Steel Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Steel Grating Product Profiles, Application and Specification
8.5.3 Marco Specialty Steel Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 GEI Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Steel Grating Product Profiles, Application and Specification
8.6.3 GEI Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 MEISER UK Ltd Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Steel Grating Product Profiles, Application and Specification
8.7.3 MEISER UK Ltd Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 Amico Industrial Products Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Steel Grating Product Profiles, Application and Specification
8.8.3 Amico Industrial Products Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 Kookjae Metal Co., Ltd. Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Steel Grating Product Profiles, Application and Specification
8.9.3 Kookjae Metal Co., Ltd. Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 Sangwon Co., Ltd. Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Steel Grating Product Profiles, Application and Specification
8.10.3 Sangwon Co., Ltd. Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 Brown-Campbell Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Steel Grating Product Profiles, Application and Specification
8.11.3 Brown-Campbell Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 Nucor Grating Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Steel Grating Product Profiles, Application and Specification
8.12.3 Nucor Grating Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
8.13 Mengke Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Steel Grating Product Profiles, Application and Specification
8.13.3 Mengke Sales, Revenue, Price, Gross Margin 2016-2021
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19
9 Global Steel Grating Market Analysis and Forecast by Type and Application
9.1 Global Steel Grating Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Carbon Steel Grating Market Revenue and Volume Forecast (2021-2026)
9.1.2 Stainless Steel Grating Market Revenue and Volume Forecast (2021-2026)
9.1.3 Mild Steel Grating Market Revenue and Volume Forecast (2021-2026)
9.2 Global Steel Grating Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Architecture Market Revenue and Volume Forecast (2021-2026)
9.2.2 Sewage Disposal Market Revenue and Volume Forecast (2021-2026)
9.2.3 Petrochemical Market Revenue and Volume Forecast (2021-2026)
9.2.4 Others Market Revenue and Volume Forecast (2021-2026)
10 Steel Grating Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Steel Grating Market Trends Analysis
11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment
12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source
 
Quality Assurance Process
- We Market Research’s Quality Assurance program strives to deliver superior value to our clients.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
- Project kickoff meeting with client
- Conduct frequent client communications
- Form project steering committee
- Assign a senior SR executive as QA Executive
- Conduct internal editorial & quality reviews of project deliverables
- Certify project staff in SR methodologies & standards
- Monitor client satisfaction
- Monitor realized value post-project
Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
}})
Select a license type that suits your business needs
US $3950
Only Three Thousand Nine Hundred Fifty US dollar
- 1 User access
- 15% Additional Free Customization
- Free Unlimited post-sale support
- 100% Service Guarantee until achievement of ROI
US $4950
Only Four Thousand Nine Hundred Fifty US dollar
- 5 Users access
- 25% Additional Free Customization
- Access Report summaries for Free
- Guaranteed service
- Dedicated Account Manager
- Discount of 20% on next purchase
- Get personalized market brief from Lead Author
- Printing of Report permitted
- Discount of 20% on next purchase
- 100% Service Guarantee until achievement of ROI
US $5950
Only Five Thousand Nine Hundred Fifty US dollar
- Unlimited User Access
- 30% Additional Free Customization
- Exclusive Previews to latest or upcoming reports
- Discount of 30% on next purchase
- 100% Service Guarantee until achievement of ROI