Asia Pacific Steel Grating Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material Type (Stainless Steel Grating, Carbon Steel Grating, and Aluminum Steel Grating), Surface Type (Plain Steel Grating and Serrated Steel Grating), and Application (Stair Treads, Walkways, Platforms, Security Fence, Drainage Covers, Trench Covers, and Others)
Market Introduction
Steel grating is an open grid assembly of metal bars, which is extensively used in multiple applications owing to its low maintenance and corrosion resistance characteristics. Steel grating is used in various industrial environments and to make platforms, stair treads, drainage covers, walkways, and trench covers. Steel gratings have a substantial load-bearing capacity; hence, they are used in flooring applications. The wide range of steel grating applications include manhole covers, stair treads, handrails, platforms, drainage covers, trench covers, and walkways. Widening application scope of steel grating drives the market growth.
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Market Overview and Dynamics
The Asia Pacific steel grating market was valued at US$ 38,038.86 million in 2020 and is projected to reach US$ 68,068.77 million by 2028; it is expected to grow at a CAGR of 7.6% from 2021 to 2028. Factors such as increasing demand from oil & gas industry, surging demand for carbon steel grating, and widening application scope of steel grating in Asia Pacific propel the market growth. In addition, product innovations are anticipated to create lucrative opportunities for the steel grating manufacturers during the forecast period. However, the high cost of raw materials restrains the growth of the Asia Pacific steel grating market.
Impact of COVID-19 Pandemic on Asia Pacific Steel Grating Market
The ongoing COVID-19 pandemic has altered the status of the steel grating industry in Asia Pacific. The pandemic is anticipated to cause a loss of more than 3 billion in the region. The consequence and impact can be even worse and totally depends on the spread of the novel coronavirus. The government of Asia Pacific is taking possible steps to reduce its effects by announcing lockdown, which impact the revenue generated by the market. The Airports Council International (ACI) Asia-Pacific warned that the prolonged duration of the COVID-19 outbreak would drastically impact the region’s airports’ connectivity and economic sustainability, significantly restricting them from achieving previously forecasted growth prospects. Such closures are anticipated to hinder the growth of the steel grating market in the coming period. Till now, India recorded the highest number of COVID-19 confirmed cases in the region, followed by Indonesia, Japan, and Malaysia.
Key Market Segments
Based on material type, Asia Pacific steel grating market is segmented into stainless steel grating, carbon steel grating, and aluminum steel grating. The stainless steel grating segment is expected to dominate the market during the forecast period. By surface type, the Asia Pacific steel grating market is bifurcated into plain steel grating and serrated steel grating. The plain steel grating segment held a larger share in the market during the forecast period. Based on application, the Asia Pacific steel grating market is segmented into stair treads, walkways, platforms, security fence, drainage covers, trench covers, and others. The market for the security fence segment is growing the highest rate.
Major Sources and Companies Listed
A few key players operating in the Asia Pacific steel grating market are Alabama Metal Industries Corporation; Kraty Mostostal Kraków SP. Z O.O.; Lichtgitter GmbH; Lionweld Kennedy Flooring Ltd; Gebrüder MEISER GmbH; Valmont Industries, Inc.; Ningbo Lihongyuan Steel Grating Co.,Ltd.; Sinosteel Corporation; YanTai Rising Steel Grating Co.,Ltd.; and Yantai Xinke Steel Structure Co., Ltd.
Reasons to Buy Report
- To understand the Asia Pacific steel grating market landscape and identify segments that are most likely to guarantee a strong return
- To comprehend the ever-changing competitive landscape of the market
- To efficiently plan merger and acquisition and partnership deals in the market by identifying market segments with the most promising probable sales
- To make knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments
- To obtain revenue forecast for the market based on various segments from 2020 to 2028
Asia Pacific Steel Grating Market Segmentation
Asia Pacific Steel Grating Market, by Material Type- Stainless Steel Grating
- Carbon Steel Grating
- Aluminum Steel Grating
- Plain Steel Grating
- Serrated Steel Grating
- Stair Treads
- Walkways
- Platforms
- Security Fence
- Drainage Covers
- Trench Covers
- Others
Company Profiles
- Alabama Metal Industries Corporation
- Kraty Mostostal Kraków SP. Z O.O.
- Lichtgitter GmbH
- Lionweld Kennedy Flooring Ltd
- Gebrüder MEISER GmbH
- Valmont Industries, Inc.
- Ningbo Lihongyuan Steel Grating Co.,Ltd.
- Sinosteel Corporation
- YanTai Rising Steel Grating Co.,Ltd.
- Yantai Xinke Steel Structure Co., Ltd.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Steel Grating Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia Pacific
4.3 Expert Opinion
5. Steel Grating Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Widening Application Scope Of Steel Grating
5.1.2 Increasing Demand From Oil & Gas Industry
5.2 Market Restraint
5.2.1 High Cost of Raw Materials
5.3 Market Opportunities
5.3.1 Surging Demand For Carbon Steel Grating
5.4 Future Trends
5.4.1 Innovation And Advancement In The Steel Grating Industry
5.5 Impact Analysis
6. Steel Grating– ASIA Pacific Market Analysis
6.1 Steel Grating Market Overview
6.2 Steel Grating Market–Revenue and Forecast to 2028 (US$ Mn)
6.3 Market Positioning
7. APAC Steel Grating Market Analysis – By Material Type
7.1 Overview
7.2 APAC Steel Grating Market Breakdown, By Material Type, 2020 & 2028
7.3 Stainless Steel Grating
7.3.1 Overview
7.3.2 Stainless Steel Grating: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
7.4 Carbon Steel Grating
7.4.1 Overview
7.4.2 Carbon Steel Grating: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
7.5 Aluminum Steel Grating
7.5.1 Overview
7.5.2 Aluminum Steel Grating: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
8. APAC Steel Grating Market Analysis – By Surface Type
8.1 Overview
8.2 APAC Steel Grating Market Breakdown, By Surface Type, 2020 & 2028
8.3 Plain Steel Grating
8.3.1 Overview
8.3.2 Plain Steel Grating: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
8.4 Serrated Steel Grating
8.4.1 Overview
8.4.2 Serrated Steel Grating: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
9. APAC Steel Grating Market Analysis – By Surface Type
9.1 Overview
9.2 APAC Steel Grating Market Breakdown, By Application, 2020 & 2028
9.3 Stair Treads
9.3.1 Overview
9.3.2 Stair Treads: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
9.4 Walkways
9.4.1 Overview
9.4.2 Walkways: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
9.5 Platforms
9.5.1 Overview
9.5.2 Platforms: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
9.6 Security Fence
9.6.1 Overview
9.6.2 Security Fence: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
9.7 Drainage Covers
9.7.1 Overview
9.7.2 Drainage Covers: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
9.8 Trench Covers
9.8.1 Overview
9.8.2 Trench Covers: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
9.9 Others
9.9.1 Overview
9.9.2 Others: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
10. Steel Grating Market – Regional Analysis
10.1 Asia Pacific: Steel Grating Market
10.1.1 Asia Pacific: Steel Grating Market –Revenue and Forecast To 2028 (US$ Mn)
10.1.2 Asia Pacific: Steel Grating Market, by Key Country
10.1.2.1 Australia: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
10.1.2.1.1 Australia: Steel Grating Market, by Material Type
10.1.2.1.2 Australia: Steel Grating Market, by Surface Type
10.1.2.1.3 Australia: Steel Grating Market, by Application
10.1.2.2 China: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
10.1.2.2.1 China: Steel Grating Market, by Material Type
10.1.2.2.2 China: Steel Grating Market, by Surface Type
10.1.2.2.3 China: Steel Grating Market, by Application
10.1.2.3 Japan: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
10.1.2.3.1 Japan: Steel Grating Market, by Material Type
10.1.2.3.2 Japan: Steel Grating Market, by Surface Type
10.1.2.3.3 Japan: Steel Grating Market, by Application
10.1.2.4 India: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
10.1.2.4.1 India: Steel Grating Market, by Material Type
10.1.2.4.2 India: Steel Grating Market, by Surface Type
10.1.2.4.3 India: Steel Grating Market, by Application
10.1.2.5 South Korea: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
10.1.2.5.1 South Korea: Steel Grating Market, by Material Type
10.1.2.5.2 South Korea: Steel Grating Market, by Surface Type
10.1.2.5.3 South Korea: Steel Grating Market, by Application
10.1.2.6 Singapore: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
10.1.2.6.1 Singapore: Steel Grating Market, by Material Type
10.1.2.6.2 Singapore: Steel Grating Market, by Surface Type
10.1.2.6.3 Singapore: Steel Grating Market, by Application
10.1.2.7 Malaysia: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
10.1.2.7.1 Malaysia: Steel Grating Market, by Material Type
10.1.2.7.2 Malaysia: Steel Grating Market, by Surface Type
10.1.2.7.3 Malaysia: Steel Grating Market, by Application
10.1.2.8 Thailand: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
10.1.2.8.1 Thailand: Steel Grating Market, by Material Type
10.1.2.8.2 Thailand: Steel Grating Market, by Surface Type
10.1.2.8.3 Thailand: Steel Grating Market, by Application
10.1.2.9 Rest Of Asia Pacific: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
10.1.2.9.1 Rest of Asia Pacific: Steel Grating Market, by Material Type
10.1.2.9.2 Rest of Asia Pacific: Steel Grating Market, by Surface Type
10.1.2.9.3 Rest of Asia Pacific: Steel Grating Market, by Application
11. Impact of COVID-19 Pandemic on Steel grating Market
11.1 Overview
11.2 Asia Pacific: Impact assessment of COVID-19 Pandemic
12. Key Company Profiles
12.1 Alabama Metal Industries Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Gebrüder MEISER GmbH
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Kraty Mostostal Kraków SP. Z O.O.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Lichtgitter GmbH
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Lionweld Kennedy Flooring Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Valmont Industries, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Ningbo Lihongyuan Steel Grating Co.,Ltd.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 SINOSTEEL CORPORATION
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Yantai Rising Steel Grating Co., Ltd.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Yantai Xinke Steel Structure Co., Ltd
12.10.1 Business Description
12.10.2 Products and Services
12.10.3 Financial Overview
12.10.4 SWOT Analysis
12.10.5 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Steel Grating Market –Revenue and Forecast to 2028 (US$ Mn)
Table 2. Australia: Steel Grating Market, by Material Type –Revenue and Forecast To 2028 (US$ Mn)
Table 3. Australia: Steel Grating Market, by Surface Type –Revenue and Forecast To 2028 (US$ Mn)
Table 4. Australia: Steel Grating Market, by Application–Revenue and Forecast To 2028 (US$ Mn)
Table 5. China: Steel Grating Market, by Material Type –Revenue and Forecast To 2028 (US$ Mn)
Table 6. China: Steel Grating Market, by Surface Type –Revenue and Forecast To 2028 (US$ Mn)
Table 7. China: Steel Grating Market, by Application–Revenue and Forecast To 2028 (US$ Mn)
Table 8. Japan: Steel Grating Market, by Material Type –Revenue and Forecast To 2028 (US$ Mn)
Table 9. Japan: Steel Grating Market, by Surface Type –Revenue and Forecast To 2028 (US$ Mn)
Table 10. Japan: Steel Grating Market, by Application–Revenue and Forecast To 2028 (US$ Mn)
Table 11. India: Steel Grating Market, by Material Type –Revenue and Forecast To 2028 (US$ Mn)
Table 12. India: Steel Grating Market, by Surface Type –Revenue and Forecast To 2028 (US$ Mn)
Table 13. India: Steel Grating Market, by Application–Revenue and Forecast To 2028 (US$ Mn)
Table 14. South Korea: Steel Grating Market, by Material Type –Revenue and Forecast To 2028 (US$ Mn)
Table 15. South Korea: Steel Grating Market, by Surface Type –Revenue and Forecast To 2028 (US$ Mn)
Table 16. South Korea: Steel Grating Market, by Application–Revenue and Forecast To 2028 (US$ Mn)
Table 17. Singapore: Steel Grating Market, by Material Type –Revenue and Forecast To 2028 (US$ Mn)
Table 18. Singapore: Steel Grating Market, by Surface Type –Revenue and Forecast To 2028 (US$ Mn)
Table 19. Singapore: Steel Grating Market, by Application–Revenue and Forecast To 2028 (US$ Mn)
Table 20. Malaysia: Steel Grating Market, by Material Type –Revenue and Forecast To 2028 (US$ Mn)
Table 21. Malaysia: Steel Grating Market, by Surface Type –Revenue and Forecast To 2028 (US$ Mn)
Table 22. Malaysia: Steel Grating Market, by Application–Revenue and Forecast To 2028 (US$ Mn)
Table 23. Thailand: Steel Grating Market, by Material Type –Revenue and Forecast To 2028 (US$ Mn)
Table 24. Thailand: Steel Grating Market, by Surface Type –Revenue and Forecast To 2028 (US$ Mn)
Table 25. Thailand: Steel Grating Market, by Application–Revenue and Forecast To 2028 (US$ Mn)
Table 26. Rest of Asia Pacific: Steel Grating Market, by Material Type –Revenue and Forecast To 2028 (US$ Mn)
Table 27. Rest of Asia Pacific: Steel Grating Market, by Surface Type –Revenue and Forecast To 2028 (US$ Mn)
Table 28. Rest of Asia Pacific: Steel Grating Market, by Application–Revenue and Forecast To 2028 (US$ Mn)
Table 29. Glossary of Terms, Asia Pacific Steel Grating Market
LIST OF FIGURES
Figure 1. Steel Grating Market Segmentation
Figure 2. Steel Grating Market Segmentation – By Country
Figure 3. Asia Pacific Steel Grating Market Overview
Figure 4. Plain Steel Grating Segment Held Largest Share Of Asia Pacific Steel Grating Market
Figure 5. China Region Held Largest Share of APAC Steel Grating Market
Figure 6. APAC Steel Grating Market, Industry Landscape
Figure 7. Asia Pacific PEST Analysis
Figure 8. Expert Opinion
Figure 9. APAC Steel Grating Market Impact Analysis Of Drivers And Restraints
Figure 10. Geographic Overview of Steel Grating Market
Figure 11. Steel Grating Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 12. APAC Steel Grating Market Breakdown, By Material Type, 2020 & 2028 (%)
Figure 13. Stainless Steel Grating: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
Figure 14. Carbon Steel Grating: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
Figure 15. Aluminum Steel Grating: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
Figure 16. APAC Steel Grating Market Breakdown, By Surface Type, 2020 & 2028 (%)
Figure 17. Plain Steel Grating: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
Figure 18. Serrated Steel Grating: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
Figure 19. APAC Steel Grating Market Breakdown, By Application, 2020 & 2028 (%)
Figure 20. Stair Treads: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
Figure 21. Walkways: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
Figure 22. Platforms: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
Figure 23. Security Fence: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
Figure 24. Drainage Covers: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
Figure 25. Trench Covers: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
Figure 26. Others: APAC Steel Grating Market, Revenue And Forecast To 2028 (US$ Mn)
Figure 27. Asia Pacific: Steel Grating Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 28. Asia Pacific: Steel Grating Market Revenue Share, by Key Country (2020 and 2028)
Figure 29. Australia: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
Figure 30. China: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
Figure 31. Japan: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
Figure 32. India: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
Figure 33. South Korea: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
Figure 34. Singapore: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
Figure 35. Malaysia: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
Figure 36. Thailand: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
Figure 37. Rest Of Asia Pacific: Steel Grating Market –Revenue And Forecast To 2028 (US$ Mn)
Figure 38. Impact of COVID-19 Pandemic in APAC Country Markets
The List of Companies - Asia Pacific Steel Grating Market
- Alabama Metal Industries Corporation
- Kraty Mostostal Kraków SP. Z O.O.
- Lichtgitter GmbH
- Lionweld Kennedy Flooring Ltd
- Gebrüder MEISER GmbH
- Valmont Industries, Inc.
- Ningbo Lihongyuan Steel Grating Co.,Ltd.
- Sinosteel Corporation
- YanTai Rising Steel Grating Co.,Ltd.
- Yantai Xinke Steel Structure Co., Ltd.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Steel Grating market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.