MarketResearch.biz has recently published a market research report titled, “Global Ground Protection Mats Market by Product Type, by Application, and by Region – Global Forecast from 2020 to 2029”. The report offers insights on the global ground protection mats market, which is an outcome of exhaustive primary and secondary research efforts, as well as ideal and systematic segmentation. The first five-year cumulative revenue (2020 – 2024) from the global market is projected to be valued at approximately US$ 8 Billion, and this is expected to increase substantially over the latter part of the five-year forecast period.
Ground protection mats are sturdy and easy to assemble temporary platforms or roadways created over grass and other landscapes. They are durable and widely used across different industries. They are used to prevent ruts in the lawn caused by heavy equipment and machinery. Ground protection mats are a great economical alternative to traditional plywood flooring and most importantly they are weather-proof. Advantages associated with these ground protecting mats are long-term and are a better alternative as they are chemical resistance, anti-microbial, anti-slippery, and oil & grease resistance, such functional designs ensure a safe working environment.
Browse the full “Global Ground Protection Mats Market By Product Type, By Application, And By Region – Global Forecast From 2020 To 2029” report at https://marketresearch.biz/report/ground-protection-mats-market/
Global Ground Protection Mats Market: Dynamics
Growing construction and infrastructure activities are projected to drive growth of the global ground protection mats market. They are also useful to prevent cross contamination between worksites. Moreover, they also provide save access for heavy vehicles, equipment, and workers at the site. Rapid growth on infrastructure and construction industry in the emerging economics has a positive impact on the target market. These ground protection mats are excellent alternatives over the conventional alternative such as plywood these mats come with long-term benefits such as comfort and reduce fatigue. It functional design plays an important in ensuring a safe working environment. Growing instances of occupational health issues are increasing concerns for employers and governments, has pushed employers to build a safe workplace and proper risk management. Ground protection mats are costly as compared to its inexpensive alternatives, in several emerging economics due to low production cost and small budget they do not prefer such mats. Therefore, high cost may hinder growth of the target market. Furthermore, demand for ground protection mats rentals is impacting negatively the market growth.
Global Ground Protection Mats Market: Market Forecast
The research report consists of a complete 10-year forecast of the global ground protection mats market based on growth factors and restraints, and their impact in the next 10 years. According to the forecast projections, the global ground protection mats market is projected to register a moderately high CAGR of 3.5% over the 10-year forecast period.
Global Ground Protection Mats Market: Snapshot
The market report has been segmented on the basis of product type, application, and region. The product type segment includes thickness 10mm, thickness 15mm, and thickness 20mm segments. The application segment includes industrial users and commercial users. Regions include Asia Pacific, North America, Europe, South America and Middle East & Africa.
Product Type: The 15mm segment is projected to account for highest revenue share in the global ground protection mats market. Thickness 10mm segment in the product type segment is projected to register highest CAGR of over 4.8% over the 10-year forecast period.
Application: The industrial users segment in the application segment of the global ground protection mats market is projected to account for highest revenue share as well as is projected to register highest CAGR of over 4.2% during the forecast period.
Region: The Asia Pacific market is projected to account for highest revenue share in the global ground protection mats market, and is projected to register highest CAGR of over 4.6% over the forecast period.
Global Ground Protection Mats Market: Competitive Landscape
The global ground protection mats market research report includes company profiles of major players such as The Rubber Company, LODAX, Oxford Plastic Systems Ltd., CHECKERS Industrial Safety Products, Inc., Quality Mat Company, Jones Companies, LLC, SuperMats, Inc., Signature Systems Group, LLC., GROUNDCO Mats Inc. and Sterling.
“Global Ground Protection Mats Market Report 2019: Insights, Revenue Share and Growth Rate, Industry Size, Opportunities, Developments and Strategies, Product Types, and Market Forecast 2020 – 2029” report has been produced based on an in-depth market analysis with inputs from industry experts.
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