Grader Blades Market Analysis

Report ID: GMI5672
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Published Date: May 2023
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Report Format: PDF

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Grader Blades Market Analysis

Global Grader Blades Market Revenue Share, By Material, (2022)

Based on material, the industry is segmented into steel, heat-treated, carbide, and others. Steel grader blades market size was more than USD 1.6 billion in 2022. A wide variety of steel is the reason for it being a commonly used material in grader blades. For instance, high-carbon steel is preferred in the production of grader blades due to benefits such as enhanced safety, durability, and cost-effectiveness. High-carbon grader blades are relatively more durable than those made from other types of steel and last longer. They also have a more effective cutting edge as compared to other materials enabling more consistent, smoother, and sharper grading.
 

Based on blades, grader blades market is segmented into flat edges, scarifier edges, curved edges, serrated edges, and corrugated edges. The flat edge segment will expand at a 5% CAGR between 2023 and 2032. Grader blades with flat edges are suitable for applications such as heavy road maintenance. They offer exceptional strength with wear material that can withstand exposure to impact and abrasion. The adoption of flat-edge grader blades will increase over the forthcoming years due to the growing number of construction activities and transportation infrastructure development projects.
 

North America Grader Blades Market Size, 2022 & 2032 (USD Billion)

North America grader blades market was worth USD 1 Billion in 2022. The U.S. and Canada will foster significant demand for grader blades, due to extensive use in snow removal applications. Hydraulic grader blades are used in residential areas as well as commercial structures to plow snow during extreme winter weather. In the recent past, the region has witnessed extreme winters and heavy snowfalls. For instance, in March 2023, the west of the U.S., spanning from Oregon to the mountains of California and Phoenix’s golf courses, experienced unprecedented levels of snowfall of more than 40ft of snow.
 

 

Authors: Preeti Wadhwani, Aishwarya Ambekar
Frequently Asked Question(FAQ) :
How big is the grader blades market?
Market size for grader blades was worth more than USD 4 billion in 2022 and is set to grow at over 5% CAGR from 2023-2032.
Why is the demand for flat-edge grader blades increasing?
Who are the key grader blade manufacturers?
What factors are propelling North America grader blades industry?
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    Authors: Preeti Wadhwani, Aishwarya Ambekar
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    Base Year: 2022

    Companies covered: 10

    Tables & Figures: 310

    Countries covered: 20

    Pages: 230

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