PUBLISHER: KBV Research | PRODUCT CODE: 1207294
PUBLISHER: KBV Research | PRODUCT CODE: 1207294
The Europe Ground Protection Mats Market would witness market growth of 3.69% CAGR during the forecast period (2022-2028).
The popularity of ground protection mats has grown enough to replace the traditional methods of ground protection, like using plywood. However, the ease of usability of ground protection mats, along with the high strength and quality of these mats, further glorify the disadvantages of plywood mats. Many operators of heavy equipment have witnessed the weak performance of plywood as mats firsthand.
Though plywood is not expensive, it rots, splinters, warps and breaks apart easily. It is also messy and slippery in wet conditions and, therefore, is unworkable on watery or flowy surfaces like mud or grass. Furthermore, exposure to insects, heat, cold, etc., accelerate the process of rotting in plywood and thereby lower worker satisfaction and increases costs. All these reasons have propelled the replacement of plywood with durable ground protection mats.
Ground protection mats offer the flexibility of usability even in unusual conditions, along with their use in wet, rocky, rough, muddy, or manicured environments. Advanced ground protection mats can also adapt as per the contour of the surface without breaking. Additionally, since these mats do not absorb moisture, they do not rot, splinter, warp, or break apart like plywood. These benefits significantly help in eliminating replacement costs and rutting damage as these mats can be carried from one place to be used in another.
Considering the labor-intensive characteristic of the construction industry, renovation projects are also able to in the recovery of the European economy. Most renovation projects are aiming to double the rates of energy renovation along with reducing emissions. These renovations will significantly improve the quality of life for individuals living in or using the buildings. They would also help in creating additional green jobs and projects in the construction industry. As ground protection mats have become an integral part of construction activities, the rise in these activities will prove fruitful for the ground protection mats market.
The Germany market dominated the Europe Ground Protection Mats Market by Country in 2021; thereby, achieving a market value of $43.5 million by 2028. The UK market is exhibiting a CAGR of 2.8% during (2022 - 2028). Additionally, The France market would experience a CAGR of 4.5% during (2022 - 2028).
Based on Connection, the market is segmented into Linked and Locked. Based on Distribution Channel, the market is segmented into Specialty Stores, Retailers, Online Retail, Hypermarkets & Supermarkets, and Others. Based on Application, the market is segmented into Industrial, Commercial, Corporate, Residential, and Others. Based on Load Type, the market is segmented into Extreme Load, Heavy Load, and Medium Load. Based on Thickness, the market is segmented into 20 mm, 10 mm, 15 mm, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Newpark Resources, Inc., Quality Mat Company, Signature Systems Group, LLC (Center Rock Capital Partners, LP), CGK-GROUP BVBA (Lodax), Groundtrax Systems Ltd, Greatmats.com Corporation, Grassmats USA LLC, LuxTek GmbH, ProtectaMat and NoTrax (Justrite Manufacturing Company, LLC) (Audax Management Company, LLC)
Market Segments covered in the Report:
By Connection
By Distribution Channel
By Application
By Load Type
By Thickness
By Country
Companies Profiled
Unique Offerings from KBV Research
List of Figures