North America Steel Grating Market

Market Introduction

The North America steel grating market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The North American region constitutes developed economies such as US, Canada and Mexico as a developing nation. To cater to the market's rapid growth, the manufacturers are investing huge amounts in research and development activities to create an improved and advanced application portfolio of steel grating in the North American region. This further provides a huge market growth opportunity for the key players operating in the North American countries such as the US, Canada, and Mexico. The consumers in the region are focusing on using advanced form of steel gratings. All these factors are expected to boost the market for steel gratings in the North American region in the near future.

North America Steel Grating Strategic Insights

Strategic insights for the North America Steel Grating provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Steel Grating Report Scope

North America Steel Grating Regional Insights

The geographic scope of the North America Steel Grating refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The steel grating market in North America is expected to grow from US$ 11,496.27 Mn in 2019 to US$ 19,695.38 Mn by 2027; it is estimated to grow at a CAGR of 7.0 % from 2020 to 2027. Steel grating drilling platform with characteristics such as lightweight, anti-rust, huge bearing capacity, non-slip and explosion-proof is highly suitable for the ocean as it lessen the chance of accidents. Thus, to explore and exploit offshore oil and natural gas resources, the steel grating drilling platform is extensively used in the drilling platform. Besides, oil & gas industry uses steel grating for numerous applications, including docks, ramps, platforms, crossover platforms, trench covers, security fences, catwalks, flooring, and machine guards. Safety is a crucial factor within the oil & gas sector. The steel grating meets high strength, anti-slip, and anti-corrosion features, and it is extensively used as platforms, floors, and walkways in the oil, mining, and gas industry, power plants and commercial buildings, roads, and rails.    

Key Market Segments

In terms of material type, the stainless steel grating segment accounted for the largest share of the North America steel grating market in 2019. In terms of surface type, the plain steel grating segment held a larger market share of the North America steel grating market in 2019. In terms of application, the stair treads segment held a larger market share of the North America steel grating market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the North America steel grating market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are include Alabama Metal Industries Corporation, Grating Pacific, Interstate Gratings, LLC, Kraty Mostostal Kraków SP. Z O.O, Lichtgitter GmbH, Gebrüder MEISER GmbH, Nucor Corporation, Ohio Gratings Inc., P&R Metals, Inc., Valmont Industries, Inc., Indiana Gratings Inc. and Marco Specialty Steel, Inc.

Reasons to buy report

• To understand the North America steel grating market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for North America steel grating market
• Efficiently plan M&A and partnership deals in North America steel grating market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America steel grating market
• Obtain market revenue forecast for market by various segments from 2020-2027 in North America region.

NORTH AMERICA STEEL GRATING MARKET SEGMENTATION

By Material Type

• Stainless Steel Grating
• Carbon Steel Grating
• Aluminum Steel Grating

By

Surface Type

• Plain Steel Grating
• Serrated Steel Grating

By Application

• Stair Treads
• Walkways
• Platforms
• Security Fence
• Drainage Covers
• Trench Covers
• Others

By Country

• US
• Canada
• Mexico

Company Profiles

1. Alabama Metal Industries Corporation
2. Grating Pacific
3. Interstate Gratings, LLC
4. Kraty Mostostal Kraków SP. Z O.O
5. Lichtgitter GmbH
6. Gebrüder MEISER GmbH
7. Nucor Corporation
8. Ohio Gratings Inc.
9. P&R Metals, Inc.
10. Valmont Industries, Inc.
11. Indiana Gratings Inc.
12. Marco Specialty Steel, Inc