PUBLISHER: Allied Market Research | PRODUCT CODE: 1225068
PUBLISHER: Allied Market Research | PRODUCT CODE: 1225068
The global ground protection mats market was valued at $425.7 million in 2021, and is projected to reach $639.1 million by 2031, growing at a CAGR of 4.3% from 2022 to 2031.Custom-made ground protection mats are an excellent option for safeguarding both the environment and the machinery when heavy machinery is used on soft ground. Ground protection mats can help with a variety of jobs, such as creating detours for travelers, preventing utility vehicles from sinking in mud, and shielding turf from car damage. The materials used to create the ground protection mats include fiberglass, high-density polyethylene (HDPE), polypropylene, and recyclable plastic. Since they can support the weight of tractors, bulldozers, cranes, and other large gear, ground protection mats are virtually indestructible. It is appropriate for use in both hot and cold regions. The polyethylene layer serves as a waterproof surface and allows for easy removal of dirt and stones.
The ground protection mats market is segmented into load type, connection, thickness, application, distribution channel, and region. On the basis of load type, the market is categorized into extreme load, heavy load, and medium load. On the basis of connection, it is divided into linked and locked. By thickness, the market is segmented into 10 mm, 15 mm, 20 mm, and others. On the basis of application, the market is divided into residential, commercial, industrial, corporate, and others. By distribution channel, the market is divided into hypermarkets/supermarkets, specialty stores, retailers, online retail, and others. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Construction of parks, healthcare facilities, and community centers, as well as improvements to roads, water systems, and sanitation, are all examples of ways that governments in developing countries are working to improve infrastructure. For example, the Brazilian government has allocated $167.3 million for infrastructure development in 2021. The development of emerging nations is driving the demand for machinery and safety equipment. It is anticipated that as public knowledge of the advantages of ground protection mats grows and government spending rises, the market for these products would experience significant expansion.
The key players operating in the ground protection mats market have adopted product launch, business expansion, and merger & acquisition as its key strategies to expand their market share, increase profitability, and remain competitive in the market. The major players operating in the global ground protection mats market are Justrite Safety Group, Newpark Resources, Inc, Quality Mat Company, Signature Systems Group, LLC, W. W. Grainger, Inc., Qingdao Ketian Materials Co., Ltd, CGK Group BVBA, Groundtrax Systems Ltd., Tangyin Sanyou Engineering Plastic Co., Ltd., and Greatmats Corp.
The other market players are Grassform Group, LODAX, Quality Mat Co., Signature Systems Group, LLC, SuperMats, Inc., TVH India Private Limited, Maco Corporation, Groundtrax Systems Ltd., Great Mats Corp., Ground Guards Ltd., Multimatts, Regenatech, Fods, LLC, Ultimate Solutions, Discount Ramps, Sunbelt Rentals Inc., Cope Plastics Inc., Grassmats USA LLC., LuxTek GmbH, Danrec A/S, Technix Rubber & Plastics Ltd., Frank Wall Enterprises LLC., IBEX Supplies Ltd., Online Hardware PTY LTD., KTI Fencing Inc., Yak Mat, LLC, Protectmat NZ Ltd., Brandon Hire Station, and West County Equipment Rentals, LLC.
Key Benefits For Stakeholders
By Load Type
By Connection
By Thickness
By Application
By Distribution Channel
By Region