The global construction mats market was valued at $1.05 Billion in 2021, and is projected to reach $2.26 Billion by 2031, registering a CAGR of 4.7% from 2022 to 2031. When building or repairing roads, bridges, and other kinds of infrastructure, temporary road surfaces called "construction mats" are frequently employed. Several materials, such as wood, steel, or concrete, are frequently used to make construction mats. During construction, this kind of road surface is intended to offer a sturdy and secure surface for employees' cars. Normally, the construction mat is taken off once the job is over.
Emerging markets such as Asia-Pacific, Latin America, and Africa have witnessed a rise in population, economic growth, urbanization, and an increase in technological advancement in machinery that aids in the improvement of workflow. The population in Asia-Pacific and Africa is growing at a rapid pace, thus creating a surge in demand for housing accommodation as the increasing rate of the population is higher than the availability of housing. Most of the countries in these two regions are emerging nations and have experienced strong economic growth. The growth of the economy in the emerging country has fueled the growth of commercial, industrial, corporate, and residential properties. The governments of emerging countries are looking forward to improving the infrastructure by taking steps to improve the roadways, waterworks, and sanitation, and offer positive experiences to the citizen by building parks, health centers, and community centers. For instance, the Brazilian government invested $167.3 million in 2021 for the development of the infrastructure. The growth of emerging countries has fueled the need for machinery and safety tools to boost progress. With the rise in awareness about the benefits of construction mats and an increase in investment by the government, the construction mats market is expected to witness growth.
Construction mat rental services have increased in demand as a result of the increased use of these mats across a variety of sectors. Construction mats for hire that enable flexible usage and easy return are sought after by businesses in the event and construction sectors. By using the rental service, firms can cut back on the costs and liabilities involved with construction mat purchases. Moreover, the rental service eliminates the requirement for transportation and decreases the need to store the mats in the business' warehouse. As a result, the mat rental industry deters businesses from making new mat purchases, which lowers construction mat sales as a whole. Market expansion is being hampered by the fall in new construction mat sales.
One of the greatest dangers to the planet is environmental degradation. The adoption of eco-friendly items is a result of the detrimental impact that the rate of environmental deterioration is having on the ecosystem. The 380 million tons of plastic produced annually around the world contaminate water supplies with dangerous chemicals, which in turn causes a number of human diseases. Construction mats are low in volatile organic compounds (VOCs), 100% recyclable, and made with high-quality adhesives without the addition of urea, and due to all these reasons, customers in many industries are opting for mats. Construction mat manufacturers anticipate that the introduction of an ecologically friendly product to the market can present a chance to boost sales by emphasizing the benefits of their merchandise.
The construction mats market is segmented on the basis of type, connection, application, and region. By type, the market is divided into composite mats, wood, and metal mats. By connection, the market is bifurcated into linked and locked. By application, the market is classified into temporary roadways and working platform. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Emerging markets such as Asia-Pacific, Latin America, and Africa have witnessed a rise in population, economic growth, urbanization, and an increase in technological advancement in machinery that aids in the improvement of workflow. The population in Asia-Pacific and Africa is growing at a rapid pace, thus creating a surge in demand for housing accommodation as the increasing rate of the population is higher than the availability of housing. Most of the countries in these two regions are emerging nations and have experienced strong economic growth. The growth of the economy in the emerging country has fueled the growth of commercial, industrial, corporate, and residential properties. The governments of emerging countries are looking forward to improving the infrastructure by taking steps to improve the roadways, waterworks, and sanitation, and offer positive experiences to the citizen by building parks, health centers, and community centers. For instance, the Brazilian government invested $167.3 million in 2021 for the development of the infrastructure. The growth of emerging countries has fueled the need for machinery and safety tools to boost progress. With the rise in awareness about the benefits of construction mats and an increase in investment by the government, the construction mats market is expected to witness growth.
Construction mat rental services have increased in demand as a result of the increased use of these mats across a variety of sectors. Construction mats for hire that enable flexible usage and easy return are sought after by businesses in the event and construction sectors. By using the rental service, firms can cut back on the costs and liabilities involved with construction mat purchases. Moreover, the rental service eliminates the requirement for transportation and decreases the need to store the mats in the business' warehouse. As a result, the mat rental industry deters businesses from making new mat purchases, which lowers construction mat sales as a whole. Market expansion is being hampered by the fall in new construction mat sales.
One of the greatest dangers to the planet is environmental degradation. The adoption of eco-friendly items is a result of the detrimental impact that the rate of environmental deterioration is having on the ecosystem. The 380 million tons of plastic produced annually around the world contaminate water supplies with dangerous chemicals, which in turn causes a number of human diseases. Construction mats are low in volatile organic compounds (VOCs), 100% recyclable, and made with high-quality adhesives without the addition of urea, and due to all these reasons, customers in many industries are opting for mats. Construction mat manufacturers anticipate that the introduction of an ecologically friendly product to the market can present a chance to boost sales by emphasizing the benefits of their merchandise.
The construction mats market is segmented on the basis of type, connection, application, and region. By type, the market is divided into composite mats, wood, and metal mats. By connection, the market is bifurcated into linked and locked. By application, the market is classified into temporary roadways and working platform. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Competition analysis
The major players profiled in the construction mats include Calumet Harbor Lumber, Garnett Wood Products, Greatmats Corp., Groundtrax Systems Ltd., Lodax, Newpark Resources, Inc., Quality Mat Company, Signature Systems Group, LLC, Tangyin Sanyou Engineering Plastic Co., Ltd., and W. W. Grainger, Inc. Major companies in the market have adopted new projects launch in the construction sector as their key developmental strategies, which in turn is expected to drive construction mats.Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the construction mats market analysis from 2021 to 2031 to identify the prevailing construction mats market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the construction mats market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global construction mats market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Composite Mats
- Wood and Metal Mats
By Connection
- Linked
- Locked
By Application
- Temporary Road Ways
- Working Platform
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Greatmats Corp.
- Signature Systems Group, LLC
- W. W. Grainger, Inc.
- Garnett Wood Products
- Calumet Harbor Lumber
- Groundtrax Systems Ltd.
- Quality Mat Company
- Lodax
- Newpark Resources, Inc
- Tangyin Sanyou Engineering Plastic Co., Ltd.
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: CONSTRUCTION MATS MARKET, BY TYPE
CHAPTER 5: CONSTRUCTION MATS MARKET, BY CONNECTION
CHAPTER 6: CONSTRUCTION MATS MARKET, BY APPLICATION
CHAPTER 7: CONSTRUCTION MATS MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- Greatmats Corp.
- Signature Systems Group, LLC
- W. W. Grainger, Inc.
- Garnett Wood Products
- Calumet Harbor Lumber
- Groundtrax Systems Ltd.
- Quality Mat Company
- Lodax
- Newpark Resources, Inc
- Tangyin Sanyou Engineering Plastic Co., Ltd.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...
