Metal Grating Market Trends: Growth Trends, Overview, Review Report, Forecast and Competitive Analysis
Market Synopsis
According to the MRFR analysis, Global Metal Grating
Market Trends was valued at around USD 1,019.9 Million in
2018 and is expected to reach over USD 1,500 Million by the end of
2025 at a CAGR of 5.38%.
The growth of the metal grating market Trends is attributed to
the continuous use of grating platforms in several end-use industries.
According to the report of the United Nations Industrial Development
Organization (UNIDO), in 2018, the five largest emerging economies Brazil,
China, India, Indonesia, and Mexico in total accounted for three-quarters of
the total industrial development with the increase in mass consumption of
manufactured goods. These developments of industries infuse the application of
grating across the industrial structures, with the application of walkways,
ramps, stairways, platforms, safety barriers, and others. Furthermore,
the increase in the application of safety grating for preventing cross overs or
overhead protection within the plants is expected to further fuel the growth of
the Metal Grating Market Trends in the review
period. Some of the other primary factors favoring the market growth are
increasing adoption of grating across the wastewater treatment and water
purification plants coupled with the growing adoption of lightweight and
non-corrosive products.
Pricing and Standardization Analysis
In 2018, metal grating globally was priced from USD 826.3
to 831.4 per ton, which is witnessing an upward trend, while the price is
expected to rise to USD 1,100 per ton by 2025. The trend is likely to
continue during the forecast period owing to fluctuating raw material prices.
The various standards regarding grating, design of platforms,
stairways, and railings are expected to favor the demand for metal grating
during the review period. Some of the standards are AS 1538, AS 3990(Int)
or AS 4100 are design standards for steel, AS 1664 for aluminum by the
Standards Australia. Some of the other institutes that provide standards
include the American Iron and Steel Institute (AISI), American Institute of
Steel Construction (AISC), and American Society for Testing and Materials
(ASTM) International.
SEGMENTATION
By Product Type
Bar Grating: The bar grating segment held the largest market
share of over 50% in 2018 and is expected to dominate the market
during the forecast period, which is attributed to the increasing
demand for bar grating in various end-use industries such as
wastewater treatment, chemical, food, and other industries. Bar
grating consists of individual parallel metal bars that are
adjoined by perpendicular bars and form a grate. The bars are usually
joined by the welding process depending upon the thickness and material
type of the metal bars required for commercial or industrial
purposes. Some of the frequently used bar grating materials are
galvanized steel, carbon steel, austenitic stainless steel, and
aluminum.
Safety Grating: Safety gratings are used in
overheads and crossovers of manufacturing, treatment, and
processing industries. Safety gratings are used on the walking surface to
improve the traction of the surface and reduce the risk of falls
and slips. Safety grating increases the grip of the surface
finish, which typically consists of small protrusions diamond
shapes. Safety grating, similar to bar grating, have a high
percent of open surface allowing better airflow and drainage. The
gaps in the grating help to prevent and reduce the liquids or
other materials from building up, which could cause slipping
hazards. Thus, the application of safety grating is expected to
gain major traction for the market in the coming years with an increase in
safety regulation for industrial purposes.
By Material Type
Carbon Steel: The carbon steel segment held the
largest market share of over 30% in 2018 and is expected to
dominate the market during the forecast period, which is
attributed to the increasing demand for carbon steel in heavy-duty purpose
and in the heavily trafficked area such as airports terminals,
parking lots, highways terminal, and others industrial zones.
They are used where open flooring is required for the free flow
of heat, light, and air.
Aluminum: It is projected to be one of the
fastest-growing segments in the global market during the review
period. Aluminum is a lightweight and corrosion-resistant
material, which makes it ideal for use in outdoors as well as
indoor applications. They are also cost-effective compared to
other materials, which are used across mezzanine floors, walkways, stage
flooring, pedestrian bridge, and others.
Stainless Steel: Stainless steel is highly
corrosive resistant and extreme temperature resistant which are
widely used across industrial and commercial flooring such as
catwalks, mezzanines, platforms, ramps, sidewalk, subways, and
other gratings.
Galvanized Steel: Galvanized steel is produced
from carbon steel materials that are coated with a protective
layer of zinc to avert premature corrosion and rusting, which are
prone to inclement moisture, corrosive chemicals, and weather.
They are commonly used to make drainage pit covers, bridge flooring,
platforms, forklift traffic, walkways, trench covers, ramps, and
catwalks among others.
Others: The other segment consists of mild steel,
perforated steel, and others.
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By End-User
Water & Wastewater Treatment Industry: This
segment is expected to dominate the market throughout the
forecast period. The application of galvanized steel in hard
water with pH 7.0 – 8.0, 10 °F of calcium, and 10-30 °F TAC,
produces a zinc carbonate protective layer. These protective layers
prevent corrosion resistance against aggressive agents including
sulfates (with 1,200 ppm), nitrates, and chlorides (with 450
ppm). Thus, the metal grating system helps to fight the corrosion
and wear of the grating and provides higher durability. Owing to
these factors the market is expected to grow in the forecast
period.
Chemical Industry: It is the fastest-growing
segment owing to the increase in focus on temperature resistant
and corrosion-resistant materials in the sector. The metal
gratings are used in stair tread, high load-bearing floors,
handrail, skid proof and safe grates.
Oil & Gas: In the oil & gas industry the
grating should be resistant towards exposure to sunlight,
corrosive salt water, jarring movements, and high winds. The most
commonly used grating materials are stainless steel and
galvanized steel, while aluminum for a lighter application.
Food Industry: Metal grating in the food
processing industry is used for Bridge Flooring, trench covers,
ramps, platforms, and catwalks. Stainless steel grating is one of
the commonly used grating types in the food processing industry.
Others: The others segment include marine, pulp
and paper processing, aerospace, textile, automotive, small scale
manufacturing plants, and others.
By Region
North America: Market growth is driven by the
demand from the oil & gas and water & wastewater
treatment industry.
Europe: A well-established food processing and
chemical market.
Asia-Pacific: The largest and fastest-growing
regional market.
Latin America: Rapid construction and automobile
manufacturing plants are fueling the demand for metal grating in
Latin America.
Middle East & Africa: Growing demand from the
oil & gas industries specially oil rigs, and development and
investment in infrastructure development of the region is fueling
the demand of the metal grating in the region.
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