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Global Steel Grating Market to be Driven at a CAGR of 4.7% in the Forecast Period of 2021-2026

Steel Grating Market

The new report by Expert Market Research titled, ‘Global Steel Grating Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026’, gives an in-depth analysis of the global steel grating market, assessing the market based on its segments like product types, surface types, fabrication, application, end use, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report [email protected] https://www.expertmarketresearch.com/reports/steel-grating-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Forecast CAGR (2021-2026): 4.7%
  • Forecast Market Size (2026): USD 249.5 Billion

The growth of the global steel grating market is driven by the widespread application across various end use industries such as oil and gas, food processing, power, and civil engineering, among others. The application of steel grating in trench covers, drain covers, stairs and platforms among others is projected to propel the growth. Additionally, the ability to support heavy load owing to firm structure aids to the demand for steel gratings for heavy vehicle passages. However, the carbon emissions and growing demand for substitutes may constrain the growth of global market for steel gratings over the forecast period.

Industry Definition and Major Segments

Steel gratings refers to an open assembly of steel bars crossing each other perpendicularly. These are also commonly called grid or mesh. It finds applications across various segment due to low maintenance and resistance to corrosion.

The major product types of steel grating are:

The major surface types of steel grating are:

  • Plain Steel Grating
  • Serrated Steel Grating

The market, on the basis of fabrication, is segmented into:

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

The market can be broadly categorised on the basis of its applications into:

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

On the basis of end uses the industry can be further segmented into:

  • Food Processing
  • Pharmaceuticals
  • Cement
  • Steel
  • Chemical
  • Paper Making
  • Oil and Gas
  • Electric Power
  • Mining
  • Marine
  • Wastewater Management
  • Civil Engineering
  • Others

The regional markets for steel grating include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Explore the full report with the table of [email protected] https://www.expertmarketresearch.com/reports/steel-grating-market

Market Trends

Regionally, Asia Pacific is expected to drive the global market for steel grating over the forecast period and witness the fastest growth rate. This can be attributed to rapidly increasing industrialisation and urbanisation in developing economies. Additionally, the largest global steel production by China and India will further boost the market. The rising investment in the region for various industries is expected to enhance the demand. Meanwhile, North America and Europe are expected to have a steady growth owing to presence of large number of end use industries. However, Middle East and Africa and Latin America are projected for a robust growth due increasing industrial infrastructure.

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Key Market Players

The major players in the market are 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., and a few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Expert Market Research

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.