Steel grating is an open grid assembly of metal bars which is extensively used in multiple applications owing to its low maintenance and corrosion resistance characteristics. Steel grating is used in various industrial environments. These are extensively used to make platforms, stair treads, drainage covers, walkways, and trench covers. Steel gratings have a substantial load-bearing capacity and are hence used in flooring applications. The wide range of steel grating applications include manhole covers, stair treads, handrails, platforms, drainage covers, trench covers, walkways. Widening application scope of steel grating is expected to drive the market growth. Rapid industrialization in emerging countries such as India, China, Brazil, Japan, and others, growing spending on infrastructure development by the government are anticipated to provide lucrative growth opportunities for the steel grating market.
Carbon steel has a greater concentration of carbon than other steel types. Carbon steel has a carbon content of approximately 2.5%, while other steel types have a comparatively low carbon content of around 0.05% to 0.3%. Carbon steel bar grating is the widely used industrial flooring and construction materials. Light duty carbon steel grating is used for multiple light duty applications such as tired, pedestrian traffic and light, rolling traffic such as carts, dollies, and hand trucks. Heavy Duty Carbon Steel Bar Grating is majorly used where heavy vehicular traffic is used and hence is used in applications such as bridges, highways, and industrial plants using forklift trucks. Therefore, the increasing application of carbon steel grating and its high wear resistance and strength is anticipated to create ample opportunities for the steel grating market during the forecast period.
GROWING DEMAND FOR CARBON STEEL GRATING IN EMERGING ECONOMIES TO BOOST IN THE GLOBAL MARKET
The major players operating in the global Steel Grating market include Alabama Metal Industries Corporation; Grating Pacific; Interstate Gratings; Kraty Mostostal Kraków SP. Z O.O. ; Lichtgitter GmbH ; Lionweld Kennedy Flooring Ltd ; Polimex-Mostostal SA ; Gebrüder MEISER GmbH ; Nucor Corporation ; Ohio Gratings Inc.; P&R Metals, Inc. ; Roto B.V. ; Valmont Industries, Inc.; Indiana Gratings Inc; Marco Specialty Steel, Inc. and among many others. The major players in the Steel Grating market are focused on strategies such as mergers and acquisitions and research and development to increase the geographical presence and consumer base globally.
