Metal Grating Market: Global Industry Analysis and Forecast (2024-2030) by Product Type, Material Type, End-User, and Region

Metal Grating Market Overview:

Metal grating is an open grid assemblage of metal bars in which the bearing bars run in one direction and are spaced by stiff attachment to cross bars running perpendicular to them or by bent connecting bars extending between them and is designed to support heavy loads with minimal weight. It is commonly used in factories, workshops, motor rooms, trolley channels, heavy loading areas, boiler equipment, and heavy equipment areas, among other places, like floors, mezzanines, stair treads, fencing, trench coverings, and maintenance platforms. The Global Metal Grating Market report's segment analysis is studied on the basis of product type, Material type, end-user and region.

 

 

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Metal gratings are elongated, parallel, and parallel elements used in a variety of industries to cover open spaces. Metal grating is used to build trenches, stair treads, steel flooring, and decks because it has a higher stress resistance, longevity, and reliability than fiber grating and aluminium. The grating system is dependent on the load it is subjected to and is frequently used because of its corrosion resistance and low maintenance requirements. Because of its corrosion resistance and negligible shrinkage qualities, the product is widely used in a variety of end-use industries and boosts the growth of Metal Grating Market.

 

Metal Grating Market Dynamics:

Technological advancements:

 

Metal grating technology demands cover a wide range of factors, including steel grating loads, material, and surface treatment. The metal grating has a great load-carrying capacity thanks to its robust and firm structure. The swage-locked and press-locked gratings, in particular, can provide good lateral rigidity to the metal grating. The heavy-duty metal grating can be used not only for pedestrians but also for heavy-duty vehicles to pass through safely.

 

Surging demand for metal grating across a variety of end-use industries, particularly water and wastewater treatment, oil and gas, and processing, is a prominent factor driving the Metal Grating Market growth. In recent years, infrastructure development in several countries like Germany, China, the United States has driven its application on sidewalks, roads, and bridge fences. Wheelchair ramps, stairs, fence panels, security & ventilation screens, handrail infill panels, metal sunshades, building facades, decorative louvers, architectural highlights, fountain floor grate, and tree grates are among the products made using them.

 

As a result of its wide applicability and the global construction industry's growth, the global metal grating market is expected to grow significantly over the forecast period.

 

Carbon emissions from steel grating manufacturing:

 

Carbon dioxide (CO₂) is the most important greenhouse gas for the global steel sector. According to the World Steel Organization, for every tonne of steel produced in 2020, 1.50 tonnes of CO2 was emitted. Between 7% and 9% of direct emissions from global fossil fuel use are produced by the steel industry. As a result, carbon emissions from steel grating production may hamper the steel grating market over the forecast period.

 

The development of Fiberglass (FRP) Grating:

 

The growth of the metal grating market is likely to be threatened by the development of fiberglass (FRP) grating. FRP grating is a composite material that is made up of fiberglass and a resin matrix. FRP grating's properties, such as its high strength-to-weight ratio, UV resistance, corrosion resistance, low electrical and thermal conductivity, minimal thermal expansion, and anti-skid surface, have increased its use in a variety of end-use industries, including wastewater treatment, food, building and construction, oil and gas, and chemical processing.

 

FRP grating is 30% lighter than aluminium grating's basic density and 70% lighter than steel grating, making it the material of choice for applications where lightweight gratings are required, such as stair treads, platforms, and walkways.

 

Metal Grating Market Segmentation:

Based on Product Type:

 

In 2023, the bar grating segment acquired a high market share of xx% in the overall Metal Grating Market in terms of revenue, and it is expected to continue to dominate throughout the forecast period. Thanks to its high strength-to-weight ratio as well as the spacing ratio between neighboring bars. Because of these characteristics, bar grating is widely used in a variety of applications, including fire escapes, safety fences and gates, grills, bridges, street drains, ventilation, and trailer beds.

 

 

Based on Material Type:

 

In terms of application, carbon steel is expected to be the largest segment, and it is likely to continue to dominate the market during the forecast period. The increased use of carbon steel grating is likely to drive the segment's growth. Because of its high wear resistance and strength when exposed to corrosive environments, carbon steel held a Metal Grating Market share of over 45% in 2023 and is likely to continue to do so during the forecast period.

 

These materials are often used in sectors that consume a considerable number of chemicals. Metal grates and industrial steel grating flooring are perfect for these types.

 

Detailed analysis of each segment mentioned in the scope table is covered in the SMR’s report.

 

Metal Grating Market Regional Insights:

Metal gratings are widely used in the construction of residential and commercial structures, which is expected to drive the North American market forward. In 2019, the construction industry grew by 17% in Oklahoma City, 15% in Las Vegas, 15% in Hartford, and 14% in Houston, according to the major metropolitan cities. Also, non-residential building development climbed by 4% in 2018, while residential building construction increased by 6% due to a 9% growth in single-family residences in 2019. Thanks to its widespread use in rail, ladders, and other constructional buildings, these factors are expected to drive the expansion of the metal grating market in North America.

 

In 2020, Asia Pacific had the greatest market share, over xx%, and is expected to maintain its dominance over the forecast period. The strong demand for metal grating in the chemical, oil & gas, power plants, and chemical and other processing sectors is the primary reason for this. The widespread usage of metal grates in sectors such as bridge flooring, trench covers, walkways, ramps, platforms, catwalks, and mezzanine floors is driving the growth of metal grates in the region.

 

The objective of the report is to present a comprehensive analysis of the Metal Grating Market to the stakeholders in the industry. The report provides trends that are most dominant in the Metal Grating Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Metal Grating Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Metal Grating Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Metal Grating Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Metal Grating Market.

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Market. The report also analyses if the Metal Grating Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Metal Grating Market is aided by legal factors.

 

Metal Grating Market Scope:

Metal Grating Market
Market Size in 2023	USD 216.93 Bn.
Market Size in 2030	USD 300.20 Bn.
CAGR (2024-2030)	4.75 %
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2022
Segment Scope	By Product Type Bar Grating Safety Grating
	By Material Type Carbon Steel Aluminium Stainless Steel Galvanized Steel Others
	By End-User Water & Wastewater Treatment Industry Chemical Industry Oil & Gas Food Industry Others
Regional Scope	North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America

 

Metal Grating Market Players

• Amico Industrial Group (Iran)
• Harsco Corporation (United States)
• Saint Gobain (France)
• Interstate Gratings (United States)
• Lionweld Kennedy Flooring Ltd. (UK)
• Ningbo Jiulong Machinery Manufacturing Co. Ltd. (China)
• Nucor Corporation (United States)
• Ohio Gratings Inc. (United States)
• P&R Metals (United States)
• Valmont Industries (United States)
• Sinosteel Corporation (China)
• Albama Metal Industries (United States)
• Litchgitter GmbH (Germany)
• Anping Enzar Metal Products Co. Ltd. (China)
• Others