Press release
Global Construction Mats Market: Market Synopsis and Industry Trends & Forecast, 2022 to 2031
According to AMR, The global construction mats market size was valued at $1.3 billion in 2021, and is projected to reach $2.1 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031.The global construction mats market report provides the detailed market share, size, and the growth rate of various segments at both the country and regional levels. It includes an in-depth study of the market subtleties such as the current trends, drivers, restraints, and opportunities. The report also highlights the qualitative aspects in the study. The study provides Porter's five forces analysis to understand the impact of various factors, such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers, on the construction mats market.
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Furthermore, the market report involves the competitive landscape containing the profiles of top ten key players in the industry. The companies have been thoroughly analyzed on the basis of their revenue size, regional presence, product/service portfolio, major plans & policies, and overall contribution to the growth of the market.
Key Questions Addressed in the Report:
What are the major factors driving the construction mats market?
What were the main strategies employed by the leading market players to achieve success?
Who are the major players operating in the construction mats market?
Which segment accounted for the largest construction mats market share?
What is the impact of COVID-19 on the global construction mats market?
Drivers, Restrains, and Opportunities:
The global construction mats market is driven by several factors such as urbanization, economic expansion, a significant rise in demand for infrastructure development and residential construction, the ongoing growth of the construction industry, and technological advancement in machinery. However, the drop in sales of new construction mats is hindering the growth of the market. Moreover, the rise in awareness about the benefit of construction mats and increasing investment by the government across nations is expected to provide lucrative opportunities for the growth of the global construction mats market during the forecasted period.
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Key Market Segments:
The construction mats market is segmented on the basis of type, connection, application, and region. By type, the market is divided into composite mats, and wood & metal mats. By connection, the market is divided into linked, and locked. By application, the market is divided 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).
Key Market Players:
The report analyzes the profiles of key players operating in the construction mats market such as Quality Mat Company, Greatmats Corp., Calumet Harbor Lumber, Newpark Resources, Inc, Lodax, Garnett Wood Products, Tangyin Sanyou Engineering Plastic Co., Ltd., W. W. Grainger, Inc., Signature Systems Group, LLC, Groundtrax Systems Ltd. The report provides a detailed analysis of key market players operating in the global construction mats market. They adopted numerous strategies such as new product launches, collaborations, business expansion, partnerships, mergers and acquisitions, joint ventures, and more in order to stay competitive in the market.
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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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