—
The U.S. steel grating market generated $25.0 billion in 2019, and is projected to garner $33.2 billion by 2027, growing at a CAGR of 3.7% from 2020 to 2027.Developments in technologies such as high load capacity and surge in demand for steel grating in the end-use industries drive the U.S. steel grating market. However, emission of carbon during the production of steel grating and demand for FRP grating due to its lightweight nature hinder the market growth. On the contrary, installation of new manufacturing facilities is expected to create lucrative opportunities for the market players in the future.
Download Free PDF Sample Report (Including COVID-19 effect Analysis) @ https://www.alliedmarketresearch.com/request-sample/8325
Covid-19 scenario:
• Due to the Covid-19 outbreak, there is a significant decline in production activities of the end-use industries. Owing to a disrupted supply chain, there has been decrease in demand for steel grating.
• The prolonged lockdown across various regions and lack of workers have decreased the production of steel grating.
The U.S. steel grating market is segmented on the basis of material type, surface type, fabrication, application, end-use industry, and geography. Based on material type, the market is divided into stainless steel grating, carbon steel grating, and aluminum steel grating. The carbon steel grating segment held the largest share in 2019, accounting for nearly three-fourths of the market. However, the stainless-steel grating segment is expected to register the highest CAGR of 5.8% during the forecast period.
On the basis of surface type, the market is classified into plain steel grating and serrated steel grating. The serrated steel grating segment is estimated to manifest the highest CAGR of 3.8% during the forecast period. Moreover, the segment held the largest share in 2019, contributing to more than three-fifths of the market.
Based on fabrication, the market is divided into welded steel grating, swage locked grating, press locked grating, riveted grating, and close mesh steel grating. The welded steel grating segment dominated the market in 2019, accounting for more than one-third of the market. However, the close mesh steel grating segment is projected to register the highest CAGR of 5.3% during the forecast period.
The U.S. steel grating market is analyzed across various regions such as New England, Mid-Atlantic, South, Mid-West, Southwest, and West. The market across Southwest held the lion’s share in 2019, accounting for nearly one-fourth of the market. However, the market across the West is projected to manifest the highest CAGR of 4.6% during the forecast period.
The U.S. steel grating market report includes an in-depth analysis of the major market players such as Eaton Corporation, Grating Pacific Inc., Farwest Steel Corporation, Interstate Gratings LLC, IKG, Indiana Gratings Inc., Nucor Corporation, Mcnichols Co. Inc., Lichtgitter GmbH, P&R Metals, and Valmont Industries Inc.
Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/us-steel-grating-market/purchase-options
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Contact Info:
Name: David Correa
Email: Send Email
Organization: Allied Market Research
Website: https://www.alliedmarketresearch.com/us-steel-grating-market-A07960
Release ID: 89033189
Google
RSS