Europe Steel Grating Market is expected to reach US$ 455.96 Mn by 2027

PRESS RELEASE BY The Insight Partners 08 Apr 2021

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Stainless Steel Grating Segment to Dominate Europe Steel Grating Market during 2019–2027

According to The Insight Partners market research study on “Europe Steel Grating Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast – by Material Type, Surface Type, Application and Country,” is expected to reach US$ 16,498.26 Mn by 2027 from US$ 31,207.47 Mn in 2019. The market is estimated to grow at a CAGR of 8.4% from 2020 to 2027. The report provides trends prevailing in the Europe steel grating market along with the drivers and restraints pertaining to the market growth. Widening application of steel grating and increasing demand from oil & gas industry are the major factors driving the growth of the Europe steel grating market. However, high cost of raw materials may hinder the growth of Europe steel grating market.

The market for Europe steel grating is segmented into material type, surface type, application and country. Based on material type, the market is segmented into stainless steel grating, carbon steel grating, and aluminum steel grating. In 2019, the stainless steel grating segment held the largest share in Europe steel grating market. Based on surface type, the Europe steel grating market is divided into plain steel grating and serrated steel grating. The plain steel grating segment is expected to be the fastest growing segment over the forecast period. Furthermore, in this present scenario of COVID 19 pandemic, the Europe steel grating market has been facing difficulties and several countries have suffered heavily. France, Russia, UK, Italy and France are some of the countries that have incurred a huge loss. The manufacturing sectors in the countries mentioned above have been experiencing low production and a weak supply chain.

Alabama Metal Industries Corporation, Grating Pacific, Interstate Gratings, LLC, Kraty Mostostal Kraków SP. Z O.O, Lichtgitter GmbH, Lionweld Kennedy Flooring Ltd., Gebrüder MEISER GmbH, Polimex Mostostal SA, Nucor Corporation, Ohio Gratings Inc., P&R Metals, Inc., Roto B.V., Valmont Industries, Inc., Indiana Gratings Inc. and Marco Specialty Steel, Inc. are among the leading companies in the Europe steel grating market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

The report segments the Europe Steel Grating market as follows:

Europe Steel Grating Market – By Material Type
  • Stainless Steel Grating
  • Carbon Steel Grating
  • Aluminum Steel Grating
Europe Steel Grating Market – By Surface Type
  • Plain Steel Grating
  • Serrated Steel Grating
Europe Steel Grating Market – Application
  • Stair Treads
  • Walkways
  • Platforms
  • Security Fence
  • Drainage Covers
  • Trench Covers
  • Others
Europe Steel Grating Market – By Country
  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe
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