The Manhole Covers Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Manhole Covers Market?
The market size for manhole covers has experienced significant growth in recent times. The value escalated from $4.58 billion in 2024 and is anticipated to reach $4.82 billion in 2025, growing at a Compound Annual Growth Rate (CAGR) of 5.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Manhole Covers Industry?
The market size for manhole covers is projected to increase and reach a total valuation of $5.82 billion by the year 2029. The expected compound annual growth rate (CAGR) over this period will be 4.8%.
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What are the Key Growth Drivers Fueling the Manhole Covers Market?
The key drivers in the manhole covers market are:
• Rising levels of urbanization and infrastructure development
• Increased adoption and usage of composite materials
• A surge in road construction activities
• Growing demand for green construction materials and regular maintenance requirements
Global Market Segmentation: Identifying Major Manhole Covers Industry Segments
The manhole covers market covered in this report is segmented –
1) By Product Type: Concrete Covers, Steel Fiber Reinforced Concrete, Conventional Concrete, Metal Covers, Cast Iron, Steel, Ductile Iron, Composite Covers, Fiber Reinforced Polymer Or Glass Reinforced Polymer, Other Product Types
2) By Load Capacity: Extra Light Duty 2.5 Ton, Light Duty 5 Ton, Heavy Duty 25 Ton, Extra Heavy Duty 40 Ton
3) By Application: Municipal And Public Utility, Residential, Industrial Facilities, Commercial Spaces, Other Applications
4) By End User: Chemical, Construction, Plastic And Polymer
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What are the Emerging Trends Shaping the Future of the Manhole Covers Market?
The key trends in the manhole covers market are:
• Technological advancements are shaping the future of the manhole covers market.
• The market is increasingly adopting composite materials.
• Anti-slip surface coatings are becoming a trend in the market.
• There's a growing integration of UV-resistant materials and development of corrosion-resistant alloys in the industry.
Who Are the Top Competitors & Leading Players in the Manhole Covers Market?
Major players in the manhole covers market are:
• Ferguson Enterprises LLC
• Compagnie de Saint-Gobain SA
• EJ Group Inc.
• KKSpun India Limited
• Fibrelite Composites Inc.
• John Bouchard & Sons Co.
• Clark Drain Limited
• Polieco Group SpA
• Reackon Concretes Private Limited
• Crescent Foundry Company Private Limited
• HYDROTEC Technologies AG
• Hygrade Products Limited
• Ducast Factory LLC
• Terra Firma Industries Pty Ltd
• KK Manhole & Gratings Co. Private Limited
• Prime Composites Australia Pty Ltd
• Forecourt Solutions Limited
• American Cast Iron Products Inc.
• Bass & Hays Foundry Inc.
• Diameter Casting Private Limited
Regional Dominance: Which Area Leads the Global Manhole Covers Market?
North America was the largest region in the manhole covers market in 2024
