The Europe steel grating market is expected to grow from US$ 16,498.26 Mn in 2019 to US$ 31,207.47 Mn by 2027; it is estimated to grow at a CAGR of 8.4% from 2020 to 2027.
European continent comprises several developing economies such as Germany, France, UK, and Italy, among others. Europe has matured the, aerospace, medical sector. Along with the advancing technology, the trend of using advanced products boosts the demand for steel materials and further influences the market growth for the steel grating market. Apart from this, Europe region is experiencing a growing demand for steel grating due to the increasing disposable incomes, growing urbanization, and the expansion of the construction industry. These factors boost the steel grating market in Europe. Moreover, the usage of steel grating in medical industry has further propelled the European steel grating market's growth. This is also projected to provide substantial growth opportunities for the key players operating in Europe.
With the new technologies and innovations, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe steel grating market. 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. These are slip-resistant and easy to install and maintain. Steel grating have extensive use in the building and construction industry. Platform steel gratings are the new building materials primarily used to construct boilers, power plants, shipbuilding, chemical, petrochemical, general plant room, and other industries. The increase in population and continuous advancement in the end-use industries such as, construction and others have positively impacted steel grating market.
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Europe Steel Grating Market Segmentation
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 – By 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
Europe Steel Grating Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 16,498.26 Million |
| Market Size by 2027 | US$ 31,207.47 Million |
| Global CAGR (2020 - 2027) | 8.4% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Material Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Material Type, Surface Type, Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
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