Steel Grating Walkways Market Poised to Garner Maximum Revenues To Reach $241.6 billion by 2032

Prime determinants of growth

The global steel grating walkways market is experiencing growth due to several factors such as safety, durability, cost-effectiveness, versatility, accessibility compliance, drainage efficiency, and aesthetics. Steel grating walkways provide a safe & stable platform for pedestrians and vehicles to traverse. The walkways reduce the risk of slips, trips, and falls, especially in hazardous environments such as industrial facilities or outdoor areas with uneven terrain.

According to the report, the steel grating walkways market was valued at $184.4 billion in 2023, and is estimated to reach $241.6 billion by 2032, growing at a CAGR of 3% from 2024 to 2032.

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The carbon steel grating segment dominated the global steel grating market share, in terms of revenue.

On the basis of material type, the market is divided into carbon steel grating, stainless steel grating, and mild steel grating. The carbon steel grating segment garnered a high market share in 2022, accounting for more than half of the market revenue.

Rapid industrialization and infrastructure development in emerging markets created new opportunities for steel grating manufacturers. The demand for steel grating walkways was particularly high in regions with significant industrial activity, such as North America, Europe, and Asia-Pacific. These regions have extensive infrastructure and industrial facilities that require robust & reliable walkway solutions.

The welded steel grating segment dominated the market in 2023.

Depending on fabrication, the market is segregated into welded steel grating, swage locked grating, press locked grating, riveted grating, and close mesh steel grating. Welded steel grating is the leading segment that dominated the global market with more than one-third of the total share in 2023. 

Steel gratings are extensively used in industrial walkways, maintenance platforms, and pedestrian pathways due to their ability to support heavy loads and their resistance to harsh environmental conditions. This makes them ideal for use in industries such as oil and gas, power generation, and manufacturing.

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Asia-Pacific dominated the market share in terms of revenue in 2023

The steel grating walkways market is analyzed across North America, Europe, Asia-Pacific, Latin America, and MEA. In 2022, Asia-Pacific accounted for more than one third of market share and is expected to grow at a significant CAGR during the forecast period. China holds the maximum share in the steel grating walkways market in Asia-Pacific.  

Top Players:
Alabama Metal Industries Corporation, Ohio Gratings Inc, Lichtgitter GmbH, Lionweld Kennedy Flooring Limited, P&R Metals Inc, Marco Specialty Steel Inc, Interstate Gratings LLC, Nucor Corporation, Meiser GmbH, IKG

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