Steel grating or steel bar grating is an open grid assembly of metal bars. It is made up of a bearing bar and crossbar at a certain distance by welding or pressure locked. It is extensively used in various applications due to its low maintenance requirements and corrosion resistance. Steel grating is utilized in several industrial environments. These are widely used to make stair treads, platforms, walkways, drainage covers, and trench covers. Steel gratings have high load-bearing capacity and hence are used in flooring applications. These are easy to install & maintain and slip-resistant. Steel grating has excellent use in the construction industry and buildings.
The Europe steel grating market size was valued at USD 25 billion in 2019 and projected to reach USD 30 billion by 2027, growing at a CAGR of approx. 2.78% during the forecast period, 2020-2027. The major factors are the growing demand from end-use industries due to its benefits, including increases durability & reliability as compared to fiber grating & aluminum grating and technological advancements. Additionally, the increasing demand, majorly from residential construction and non-building construction, will spur the global steel grating industry in future periods. Furthermore, the growing number of government infrastructure development projects and several government initiatives to promote green buildings have resulted in the rise in the construction of commercial and residential properties worldwide are expected to witness remarkable growth of steel grating. The upsurge in the middle-class population, coupled with the increase in urbanization, is expected to propel the demand for steel grating over the coming years. Moreover, the rapid industrialization in emerging countries and the upsurge in demand for steel grating in flooring applications due to load-bearing capacity positively impact the market for steel grating in the industry. Furthermore, the wide application range of steel gratings such as building platforms, drainage covers, walkways, stair treads, and trench covers in industrial environments are fueling the demand for the steel grating market.
The expansion of the construction sector in Europe and high investments in infrastructure development and industrial growth will drive the growth of the European steel grating market in future periods. Additionally, infrastructure development across various regions in Europe in the past years has increased its application across highways, walkways, and fencing of bridges. Further, an increase in population and continuous advancements in construction is the main driving factor for the European steel grating market in future periods. According to European Union, the construction sector generates about 9% of gross domestic product (GDP) in the European Union and provides 18 million direct jobs. The European Union’s internal market offers our international partners access to more than 500 million people and
approximately EUR 13 trillion in GDP. However, the shifting trend to replace steel materials with lightweight materials is anticipated to hinder the market growth.
The global and Europe steel grating market is segregated into stainless steel grating, carbon steel grating, and aluminum steel grating based on the type. The stainless steel grating segment is estimated to witness the highest growth over the analysis timeframe. It is considered industrial-grade bar grating, notably strong, durable, & corrosive resistant for all load-bearing applications and is generally used for pedestrian and vehicle traffic.
The carbon steel grating segment will grow significantly as it is a strong material and increasingly adopted in the corrosive environment.
Based on the fabrication, the global and Europe steel grating market is categorized into welded steel grating, swage steel grating, press locked grating, riveted grating, and close mesh steel grating. The welded steel grating segment held for a significant market share in 2019 and will gain maximum market revenue by 2027. It is attributable to the growing adoption in the construction industry as security fences and the manufacturing of drainage cover utilized for draining. Besides, the increasing government investments in the development of aging civic system infrastructure drive the growth of the steel grating market across the globe during the forecast period.
The swage steel grating segment is poised to witness significant growth over the forecast period. Due to rising use in platforms, pedestrian trenches, pedestrian sump pits, and sewage treatment facilities.
Based on the surface type, the global and European steel grating market is categorized into plain steel grating and serrated steel grating. The plain steel grating segment held for a significant market share in 2019 and will gain maximum market revenue by 2027 due to rising adoption in a wide range of applications in various industries. Plain steel grating is made from aluminum steel bars, carbon steel bars, and stainless steel bars. Plain steel grating can be classified into different types such as welded plain steel grating, swage-locked plain steel grating, press-locked plain steel grating, and riveted plain steel grating.
The serrated steel grating segment is poised to witness significant growth over the forecast period. It offers excellent slip resistance performance, has excellent chemical stability, and protects pedestrians from slipping down.
Based on the application, the global and European steel grating market is classified into stair tread, walkways, security fence, platforms, drainage covers, trench covers, and others. The stair tread segment is expected to be the highest revenue share for steel grating during the forecast period. It is due to the stair treads usually constitute low-carbon steel, aluminum steel, and stainless steel gratings. They are built to have excellent chemical stability and hence can be used in corrosive and harsh environments.
The walkways will witness a lucrative growth rate in the estimated period. Steel grating walkway has good slip resistance, corrosion resistance & drainage performance and widely used in many places, including the park, port, street, seaside & factory.
Based on the end-user, the global and Europe steel grating market segmented into food processing, pharma, cement, steel, chemical, paper making, oil and gas, electric power, mining, marine, wastewater treatment, civil engineering, and others. The oil and gas segment will be the fastest growing segment in global and Europe steel grating market by 2027. It is due to the rise in offshore oil & gas exploration activities from major oil-producing companies in Europe.
The food processing accounted for the largest share of the steel grating market in 2019 due benfits if steel grating such as high load-bearing capacity, anti-slip safety & corrosion resistance, and it is widely used as stairs, floor & walkways in the mining industry.
By geography, the global and Europe steel grating market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Germany segment is projected to dominate the steel grating market during the forecasted period of 2020-2027 due to technical advancements from OEMs coupled with the rise in industrialization in the country and high investments being made for industrial growth and infrastructure development.
Italy will capture a prominent share of the steel grating market by 2027. Due to the expansion of the construction sector, advancements in technology, and rapid development in industrial infrastructure.
Companies such as Meiser GmbH, Lionweld Kennedy Group, Lichtgitter GmbH, Polimex-Mostostal SA, Kraty Mostostal Kraków SP. Z O.O., and Roto B.V are the key players in the global and Europe steel grating market.
By Surface Type