The North America Steel Grating Market would witness market growth of 2.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Steel Grating Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $47,316.4 million by 2031. The Canada market is experiencing a CAGR of 3.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 3.5% during (2024 - 2031).
The versatility of steel gratings extends to their dimensions and configurations, which can be adapted to fit unique spatial and structural requirements. This flexibility is particularly beneficial in complex industrial environments where space constraints and specific layout needs must be addressed.
Additionally, custom-fabricated gratings can be designed to fit around obstacles, machinery, and structural supports, ensuring seamless integration into existing facilities. This adaptability minimizes installation challenges and maximizes the efficiency of the walkway system, providing safe and unobstructed pathways for workers.
The North American market for steel gratings is characterized by significant investment in infrastructure and industrial development across the United States, Canada, and Mexico. These investments are driven by government initiatives, regulatory standards, and the need to modernize and expand critical infrastructure. The U.S. Census Bureau estimated that construction spending in November 2023 was $2,050.1 billion on a seasonally adjusted annual basis. The November figure is $11.3 billion higher than the November 2022 estimate of $1,842.2 billion.
Free Valuable Insights: The Steel Grating Market is Predict to reach USD 228.7 Billion by 2031, at a CAGR of 3.2%
Based on Surface Type, the market is segmented into Serrated Steel and Plain Steel. Based on Fabrication, the market is segmented into Welded Steel Grating, Swage Locked Grating, Press Locked Grating, Close Mesh Steel Grating, and Riveted Grating. Based on Material, the market is segmented into Carbon Steel, Aluminum Steel, and Stainless Steel. Based on Application, the market is segmented into Walkways, Platforms, Drainage Covers, Trench Covers, Security Fence, Stair Treads, and Others. Based on End Use Industry, the market is segmented into Oil & Gas, Pharmaceuticals, Civil Engineering, Wastewater Treatment, Electric Power, Steel, Mining, Cement, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Surface Type
By Fabrication
By Material
By Application
By End Use Industry
By Country
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