The Asia Pacific Ground Protection Mats Market would witness market growth of 4.95% CAGR during the forecast period (2022-2028).
In the post-pandemic phase, renovation activities have increased significantly in all spheres across the world, along with the rapid increase in construction activities. Whether someone is renovating a place or constructing a new one, these mats are being increasingly used. The proper coverage of the soft ground by these mats increases the accessibility of heavy construction machines in such construction zones by offering a strong base for their landing. The mats provide a sturdy and smooth surface in construction zones and maintain the continuation of work.
Additionally, using these mats in construction zones reduces the probability of accidents on the site. In very slippery and muddy places, vehicles or other equipment slide and slip and cause damage to the accessway, vehicle, or driver. Such accidents also slow down the pace of work. A ground protection mat can tackle such incidents efficiently.
Apart from construction sites, the demand for ground protection mats is also high in demolition sites. These mats facilitate the creation of a level and durable surface for the movement of machinery around the area. Especially at demolition sites, these mats help extensively in protecting the surface underneath from falling debris and also cover fall hazards like ramps, trenches, or steps.
In the Asia Pacific region, half the countries are concentrated on developing domestic infrastructure. At the same time, many of the remaining nations focus on exporting and funding resources to facilitate investments in other countries projects. Since the onset of the renowned Belt and Road Initiative of China, the contractors of these nations have invested in and undertaken many foreign construction projects. Hence, in the coming years, as the numerous projects of the region unfold, it will drive the demand for protection mats and, thus, help in the expansion of the ground protection mats market.
The China market dominated the Asia Pacific Ground Protection Mats Market by Country in 2021; thereby, achieving a market value of $46.5 million by 2028, growing at a CAGR of 3.1 % during the forecast period. The Japan market is registering a CAGR of 4.3% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 5.7% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Ground Protection Mats Market is Projected to reach USD 558.1 Million by 2028, at a CAGR of 4.4%
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).
By Connection
By Distribution Channel
By Application
By Load Type
By Thickness
By Country
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