North America Manhole Covers Market
Market Introduction
Manhole covers have a wide range of applications in municipal, utility pits, industrial facilities, and other industries and also prevent unwanted road accidents. Manholes allow access to underground sewer system, telecommunication, firepits. The North America manhole covers market is segmented into product type, application, and country.
The North America manhole covers market is expected to grow from US$ 627.77 million in 2022 to US$ 846.81 million by 2028; it is expected to grow at a CAGR of 5.1% from 2022 to 2028.
An increase in applications of composite manhole covers is supporting the growth of the North America manhole covers market. In the US, municipal facilities witnessed an increase in demand for manhole covers. They are widely used in the country in wastewater collection systems. Infrastructure development in the country has supported the need for manhole covers. In the US, ~20,000 million economies rely on the vast network of infrastructure, from roads and bridges to freight rail and ports to electrical grids and internet provision. In the construction of roads, manholes change the direction and alignment of the sewage system. Manholes also help in laying the sewer line in the conventional length due to its main parts, i.e., vertical circular pipe and chamber—which are used to access the system inspection joints and to prevent unwanted vehicular accidents caused by open manholes that are closed by using manhole covers. Manhole covers safeguard passers-by against unwanted odors and possible slip-ins. Moreover, increasing investment has supported the growth of the construction sector. For instance, in November 2021, the US government approved the largest federal investment for construction projects. All these factors have positively affected the growth of the manhole covers market.
An increasing incident of missing manhole covers in a few areas in Mexico has resulted in putting manhole covers in concrete to prevent thieves from removing and selling them as metal scraps. The covers are commonly made of copper and iron. In Mexico, manhole covers weighing 50 kg are worth ~250 pesos (US$ 11.50), according to a report by Forbes Mexico. The stealing of manhole covers has surged the need for concrete manhole covers in the country. Thus, the demand for manhole covers in Mexico is anticipated to grow significantly during the forecast period.
There is a huge demand for manhole covers in construction, chemical, polymer & plastic, and many other industrial facilities. For instance, manholes are attached to the reactor in the chemical industry to view the operation and provide passage for regular maintenance during the operation shutdown period. These industries are mainly focused on the safety of people, which is increasing the demand for manhole covers. Advanced composite materials are increasingly being used as they are lightweight and have more strength-to-weight ratio, which aids in the demand for concrete manhole covers and composite manhole covers in industrial facilities.
Key Market Segments
Based on product type, the North America manhole covers market is segmented into metal covers, concrete covers, and composite covers. Concrete manhole covers were introduced as an alternative to metal manhole covers. Concrete manhole covers are framed lids that are lodged over the manholes to ensure that no human, animal, or object falls into the manholes. Concrete manhole covers are corrosion-resistant and nonconductive, which eliminates the risk of the conduction of heat and electricity. Concrete manhole covers have high strength and durability. The increase in incidents of missing metal manhole covers has surged the demand for concrete manhole covers to prevent thieves from removing and selling them as metal scraps.
Based on application, the North America manhole covers market is segmented into municipal, commercial facilities, industrial facilities, utility pits, and others. Utility pits are an assembly of underground components that act as an intermediate setup that connects to various sources of utilities. Underground utilities are cleaned, maintained, and inspected through the manhole. Manhole covers fit over manholes and provide a safe way to access the utility below. Utility pits are also called fire protection systems. Manhole covers are used in utility pits for locating buried lines such as gas, water, cable TV, telephone systems, etc., to perform maintenance. The most used manhole covers in utility pits are removable covers, which make it easier to access manholes by completely removing them; most utility pits under manhole covers are designed to withstand a single-point load of up to 16,000 lbs. The ease in accessibility of manhole covers in utility pits is increasing the demand for manhole covers.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the North America manhole covers market are paid databases (factiva), publications, hoovers, investor presentations, newsletters, sec archives, annual reports, and other information available in the public domain. Saint-Gobain; John Bouchard and Sons Co.; Fiberlite; Eagle Manufacturing Group; EJ Group, Inc.; Nexgen Insulation and Refrigeration LLP; LF Manufacturing; Neenah Foundry; Vodaland; and Huber Technology De Mexico are a few of the major players operating in the North America manhole covers market.
Reasons to buy report
North America Manhole Covers Market Segmentation
By Product Type
By Application
By Country
Company Profiles
Strategic insights for the North America Manhole Covers provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 627.77 Million |
| Market Size by 2028 | US$ 846.81 Million |
| Global CAGR (2022 - 2028) | 5.1% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The geographic scope of the North America Manhole Covers refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
North America Manhole Covers Market- List of Companies
- Saint-Gobain
- John Bouchard and Sons Co.
- Fiberlite
- Eagle Manufacturing Group
- EJ Group, Inc.
- Nexgen Insulation and Refrigeration LLP
- LF Manufacturing
- Neenah Foundry
- Vodaland
- Huber Technology De Mexico
The North America Manhole Covers Market is valued at US$ 627.77 Million in 2022, it is projected to reach US$ 846.81 Million by 2028.
As per our report North America Manhole Covers Market, the market size is valued at US$ 627.77 Million in 2022, projecting it to reach US$ 846.81 Million by 2028. This translates to a CAGR of approximately 5.1% during the forecast period.
The North America Manhole Covers Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Manhole Covers Market report:
The North America Manhole Covers Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Manhole Covers Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Manhole Covers Market value chain can benefit from the information contained in a comprehensive market report.
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