Metal Grating Market Size | Market Analysis, Forecast, Share, Trends and Insights
Market Synopsis
According to the
MRFR analysis, Global Metal Grating Market size 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 Size 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 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 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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