Construction Mat Market Trends and Forecast
The future of the global construction mat market looks promising with opportunities in the temporary road way and working platform markets. The global construction mat market is expected to reach an estimated $1.6 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are increasing construction activities, growth in infrastructure development and urbanization, and rising focus on sustainability and durability in construction materials.
• Lucintel forecasts that composite mat is expected to witness higher growth over the forecast period.
• Within this market, temporary road way is expected to witness higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Construction Mat Market
• Canada – Checkers Safety Group launches heavy-duty construction mats for remote job sites, focusing on durability and safety compliance. Government promotes safe working environments in resource extraction sectors.
• Australia – Global Road Technology introduces modular construction mats for temporary access roads in mining and construction sites. Government encourages innovative solutions for remote area development.
• United Arab Emirates – Tadweer invests in recycled plastic construction mats to reduce environmental impact in desert construction projects. Government promotes sustainability in infrastructure development.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Construction Mat Market by Segment
The study includes a forecast for the global construction mat market by type, application, and region.
Construction Mat Market by Type [Value from 2018 to 2030]:
• Composite Mats
• Wood & Metal Mats
Construction Mat Market by Application [Value from 2018 to 2030]:
• Temporary Road Ways
• Working Platform
Construction Mat Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Construction Mat Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies construction mat companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the construction mat companies profiled in this report include-
• Matrax
• Beasley Forest Products
• Garnett Wood Products
• Quality Mat Company
• Viking Mat Company
• Channel Lumber
• Calumet Harbor Lumber
Recent Development in the Construction Mat Market
• Sterling Construction Company: Sterling Construction Company adopted eco-friendly composite mats for infrastructure projects, focusing on sustainability and reducing environmental impact.
• Matrax Inc.: Matrax Inc. introduced innovative temporary roadway mats for mining and construction sites, emphasizing durability and enhanced safety measures.
• AMI Group: AMI Group launched modular construction mats for remote area projects, improving accessibility and safety in construction activities.
• Ground-Guards Ltd: Ground-Guards Ltd developed lightweight ground protection mats for events and construction, promoting ease of installation and environmental sustainability.
Features of the Global Construction Mat Market
Market Size Estimates: Construction mat market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Construction mat market size by type, application, and region in terms of value ($B).
Regional Analysis: Construction mat market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the construction mat market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the construction mat market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the construction mat market size?
Answer: The global construction mat market is expected to reach an estimated $1.6 billion by 2030.
Q2. What is the growth forecast for construction mat market?
Answer: The global construction mat market is expected to grow with a CAGR of 4.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the construction mat market?
Answer: The major drivers for this market are increasing construction activities, growth in infrastructure development and urbanization, and rising focus on sustainability and durability in construction materials.
Q4. What are the major segments for construction mat market?
Answer: The future of the construction mat market looks promising with opportunities in the temporary road way and working platform markets.
Q5. Who are the key construction mat market companies?
Answer: Some of the key construction mat companies are as follows:
• Matrax
• Beasley Forest Products
• Garnett Wood Products
• Quality Mat Company
• Viking Mat Company
• Channel Lumber
• Calumet Harbor Lumber
Q6. Which construction mat market segment will be the largest in future?
Answer: Lucintel forecasts that composite mat is expected to witness higher growth over the forecast period.
Q7. In construction mat market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the construction mat market by type (composite mats and wood & metal mats), application (temporary road ways and working platform), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Construction Mat Market, Construction Mat Market Size, Construction Mat Market Growth, Construction Mat Market Analysis, Construction Mat Market Report, Construction Mat Market Share, Construction Mat Market Trends, Construction Mat Market Forecast, Construction Mat Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.