Steel Grating Market Revenue was valued at USD 2.5 Billion in 2024 and is estimated to reach USD 4.1 Billion by 2033, growing at a CAGR of 6.1% from 2026 to 2033.
The steel grating market in South Korea has experienced significant growth, driven by the rising demand across various industries that require durable and cost-effective solutions for flooring, safety, and infrastructure support. Steel grating, used extensively in construction, manufacturing, and transportation sectors, plays a crucial role in providing secure, slip-resistant surfaces. The types of steel grating commonly used in South Korea can be broadly categorized into welded, press-locked, and swage-locked grates, each serving different industrial needs. Welded steel gratings are known for their high strength and are typically used in heavy-duty applications, while press-locked grates provide flexibility and ease of installation in medium-duty environments. Swage-locked grates, with their high corrosion resistance, are ideal for environments exposed to harsh weather conditions and chemicals.
Industries in South Korea, such as automotive manufacturing, chemical processing, and construction, are increasingly reliant on steel grating for its ability to handle heavy loads, resist corrosion, and offer longevity. For example, in the automotive sector, steel grating is utilized in assembly lines and safety walkways, ensuring operational efficiency and worker safety. The chemical industry also requires these gratings for platform walkways and drainage covers, as they can withstand exposure to various chemicals and harsh conditions.
Moreover, the growing emphasis on safety regulations across sectors has contributed to the increased demand for high-quality steel grating. In construction, these gratings are integral in providing support for flooring systems, bridges, and infrastructure projects. With a focus on sustainability, South Korean companies are also prioritizing eco-friendly materials in their steel grating products, further driving the market.
As industries continue to evolve, the steel grating market in South Korea is expected to see even more diverse applications. With technological advancements and improvements in manufacturing processes, steel grating will remain a vital component in the construction and industrial sectors, meeting the growing demands for safety, durability, and efficiency.
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AMICO
Nucor
Webforge
Harsco (IKG)
NJMM
Xinxing Ductile Iron Pipes
Yantai Xinke
P&R Metals
Meiser
Ohio Gratings
Interstate Gratings
Grating Pacific
Lionweld Kennedy
Marco Specialty
Ningbo Lihongyuan
Sinosteel
Beijing Dahe
Nepean
Yantai Wanjie
Guangdong Nanhai Jimu
Chengdu Xinfangtai
Anping Runtan
Borden Metal
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Steel Grating Market
Construction
Oil & Gas
Transportation
Power Generation
Mining
Steel
Stainless Steel
Aluminum
Others
Bar Grating
Heavy Duty Grating
Light Duty Grating
Floor Grating
Walkways
Stair Treads
Platforms
Ramps
Welded Grating
Swage Locked Grating
Pressed Locked Grating
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Steel Grating Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Steel Grating Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Steel Grating Market, By Type
6. South Korea Steel Grating Market, By Application
7. South Korea Steel Grating Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Steel Grating Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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