Metal Grating Market Summary
As per Market Research Future Analysis, the Global Metal Grating Market was valued at USD 216.93 Billion in 2023 and is projected to reach USD 329.38 Billion by 2032, growing at a CAGR of 4.75% from 2024 to 2032. The demand for metal gratings is driven by their corrosion resistance and increasing applications in sectors such as wastewater treatment, oil and gas, and construction. The market is also influenced by the rising need for pedestrian pathways and safety features in urban infrastructure. Post-COVID-19 recovery is expected to further boost the market as supply chain constraints ease.
Key Market Trends & Highlights
Key trends driving the Metal Grating Market include increased demand across various sectors and technological advancements.
- Bar grating segment accounted for 57% market share in 2022, driven by its strength-to-weight ratio.
- Carbon steel grating generated 35% of revenue in 2022, favored for its durability in corrosive environments.
- Water & wastewater treatment industry held 37.9% market share in 2022, highlighting its critical application.
Market Size & Forecast
2023 Market Size | USD 216.93 Billion |
2024 Market Size | USD 227.23 Billion |
2032 Market Size | USD 329.38 Billion |
CAGR (2024-2032) | 4.75% |
Major Players
Amico, Harsco Corporation, Saint-Gobain, Interstate Gratings, Lionweld Kennedy Flooring Ltd, Ningbo Jiulong Machinery Manufacturing Co Ltd, Nucor Corporation, Ohio Gratings Inc, P&R Metals Inc, Valmont Industries Inc.