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U.S. Steel Grating Market – Futuristic Analysis by Business Size, Current Trend, Demand Plan and Global Opportunities

As per the report published by Allied Market Research, the U.S. steel grating market generated $25.0 billion in 2019, and is projected to garner $33.2 billion by 2027, growing at a CAGR of 3.7% from 2020 to 2027.

Developments in technologies such as high load capacity and surge in demand for steel grating in the end-use industries drive the U.S. steel grating market. However, emission of carbon during the production of steel grating and demand for FRP grating due to its lightweight nature hinder the market growth. On the contrary, installation of new manufacturing facilities is expected to create lucrative opportunities for the market players in the future.

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Covid-19 scenario: 

  • Due to the Covid-19 outbreak, there is a significant decline in production activities of the end-use industries. Owing to a disrupted supply chain, there has been decrease in demand for steel grating.
  • The prolonged lockdown across various regions and lack of workers have decreased the production of steel grating.

The U.S. steel grating market is segmented on the basis of material type, surface type, fabrication, application, end-use industry, and geography. Based on material type, the market is divided into stainless steel grating, carbon steel grating, and aluminum steel grating. The carbon steel grating segment held the largest share in 2019, accounting for nearly three-fourths of the market. However, the stainless-steel grating segment is expected to register the highest CAGR of 5.8% during the forecast period.

Get Detailed COVID-19 Impact Analysis on the U.S. Steel Grating Market @ https://www.alliedmarketresearch.com/request-for-customization/8325?reqfor=covid

On the basis of surface type, the market is classified into plain steel grating and serrated steel grating. The serrated steel grating segment is estimated to manifest the highest CAGR of 3.8% during the forecast period. Moreover, the segment held the largest share in 2019, contributing to more than three-fifths of the market.

Based on fabrication, the market is divided into welded steel grating, swage locked grating, press locked grating, riveted grating, and close mesh steel grating. The welded steel grating segment dominated the market in 2019, accounting for more than one-third of the market. However, the close mesh steel grating segment is projected to register the highest CAGR of 5.3% during the forecast period.

The U.S. steel grating market is analyzed across various regions such as New England, Mid-Atlantic, South, Mid-West, Southwest, and West. The market across Southwest held the lion’s share in 2019, accounting for nearly one-fourth of the market. However, the market across the West is projected to manifest the highest CAGR of 4.6% during the forecast period.

The U.S. steel grating market report includes an in-depth analysis of the major market players such as Eaton Corporation, Grating Pacific Inc., Farwest Steel Corporation, Interstate Gratings LLC, IKG, Indiana Gratings Inc., Nucor Corporation, Mcnichols Co. Inc., Lichtgitter GmbH, P&R Metals, and Valmont Industries Inc.

Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/us-steel-grating-market/purchase-options

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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