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April 7, 2023 (Prime PR Wire via Comtex) --East"Market for lawn reinforcement matsThe report provides details on the size, scope and potential of the industry. Research can help companies identify industry opportunities and potential pitfalls. This report has 168 pages. The grass reinforcement mat market is expected to grow at an annual rate of 5.2% (TACC 2023 - 2030).
Market trends, growth opportunities and forecast scenarios to 2030
The turf reinforcement mat market has grown rapidly in recent years, with the trend predicted to continue into 2030. The market is characterized by a wide range of products and services serving various industries including healthcare, automotive, aerospace and defense .
One of the key factors driving the growth of the grass reinforcement mat market is the growing demand for high performance materials and components that can withstand harsh operating conditions. Furthermore, the growing need for energy efficient solutions and the rise of renewable energy sources are driving the demand for grass mats.
Another major trend in the grass reinforcement mat market is the increasing adoption of advanced technologies such as 3D printing, nanotechnology and artificial intelligence to create innovative products and improve production efficiency. These technologies have the potential to revolutionize the manufacturing process and help companies gain a competitive edge in the marketplace.
The global market size of Lawn Reinforcement Mats is projected to reach several million by 2030 compared to 2021, at an unexpected CAGR in 2023-2030 (Ask for a sample report).
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What is a Lawn Reinforcement Mat?
Grass Reinforcement Mats are a popular solution for stabilizing and reinforcing ground surfaces, especially in areas with heavy foot or vehicle traffic. These mats are made from durable, heavy-duty materials that can withstand a variety of environmental conditions and provide long-lasting support for grass growth. In recent years, the market for turf reinforcement mats has grown steadily, driven by increasing demand for environmentally friendly erosion control solutions in both urban and rural environments. Market research indicates that this trend is likely to continue, with the global lawn mat market expected to grow at a considerable rate in the coming years. As consultants and industry experts, it's important to keep up with these market trends to provide our customers with the most effective and innovative solutions for their soil stabilization needs.
Recent mergers and acquisitions
There have been several mergers and acquisitions in the grass mat industry in recent years. Some of the important players in this market are Propex Global, Cirtex, Global Synthetics, American Excelsior, ECBVerdyol, ACF Environmental, GEOFABRICS, Layfield Group of Companies, Carthage Mills, Western Excelsior, TURFquick, North American Green and others.
In 2020, Propex Global acquired the assets of OCSI Alaminos' erosion control business, which included manufacturing and distribution facilities in Alaminos, Pangasinan, Philippines. In the same year, Cirtex merged with Geofabrics Australasia to expand its product range and distribution capabilities.
Global Synthetics announced the acquisition of Mainstream Products PTY Ltd. well-known, an Australia-based company specializing in the distribution of geosynthetics. The acquisition allowed Global Synthetics to expand its presence in Australasia.
ECBVerdyol has acquired NovaInterface, LLC, a US-based company specializing in providing geosynthetic solutions for civil engineering applications. The acquisition strengthened ECBVerdyol's capabilities in the erosion control and soil stabilization markets.
ACF Environmental, a leading provider of geosynthetic solutions, announced the acquisition of Hydroterra LLC, a provider of environmental solutions. The acquisition allowed ACF to expand its product offering and strengthen its presence in the southeastern United States.
These mergers and acquisitions in the lawn mat reinforcement industry have enhanced the participating companies' capabilities and product offerings, enabling them to better serve their customers.
Country-level intelligence analysis
The lawn reinforcement mat market is expected to witness significant growth in various regions including North America, APAC, Europe, United States and China. The booming construction industry, growing demand for landscaping and infrastructure development are driving the market growth in these regions. In addition, increasing requirements for erosion control in ecologically sensitive and flooded areas are driving the demand for grass reinforcement mats.
Among these regions, North America is expected to dominate the market with a large share of around 35%, followed by Europe with 30% and the APAC region with 20%. Increased government spending on infrastructure development projects such as highways, industrial areas and riverbanks is expected to contribute to market growth in these regions. Significant market growth is also expected for China and the US due to increasing industrialization and growth in construction activities in the region.
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Here is the list of regions covered: North America: United States, Canada, Europe: Germany, France, United Kingdom, Italy, Russia, Asia Pacific: China, Japan, South, India, Australia, China, Indonesia, Thailand, Malaysia, Latin America: Mexico, Brazil, Argentina, Colombia, Middle East and Africa: Turkey, Saudi Arabia, Arabia, United Arab Emirates, Korea.
Companies Covered: Lawn Reinforcement Mat Market
Turf Reinforcement Layer (TRM) is an erosion control solution that is widely used in a variety of applications including highways, waterways, landfills and more. The TRM market is constantly growing and several companies are actively involved in its manufacture and distribution.
Leaders in TRM production include Propex Global, Cirtex, Global Synthetics, American Excelsior, ECBVerdyol, ACF Environmental, GEOFABRICS, Layfield Group of Companies, Carthage Mills, Western Excelsior, TURFquick and North American Green. These companies offer different types of TRM including woven, non-woven and composite mats.
New entrants are also appearing in the TRM market due to the growing demand for erosion control solutions. These companies use innovative technologies to develop advanced TRMs that offer better performance, durability and economy.
The TRM market is expected to continue to grow as erosion control becomes more important in many industries. These companies can contribute to market growth by offering high quality TRMs that meet the needs of diverse applications. They can also work with distributors and other stakeholders to reach a broader customer base.
Some of the recipes from the companies above are:
- Global Propex: US$ 400 million
- American Excelsior: $100 million
- Layfield group of companies: $227 million
-Cirtex: $100 million
- Global Synthetics: $50 million
Overall, the TRM market is expected to grow significantly in the coming years, driven by the growing need for erosion control in various applications.
- propex global
- Kreis
- global plastics
- Excelsior American
- ECBVerdyol
- ACF environment
- geotissue
- layfield group of companies
- Mills of Carthage
- Western Excelsior
- LAWNfest
- american green
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The impact of Covid-19 and the war between Russia and Ukraine on the grass reinforcement mat market
The Russia-Ukraine war and the post-Covid-19 pandemic are expected to have a significant impact on the lawn reinforcement mat market. The ongoing conflict and the pandemic have led to a drop in construction activity, impacting demand for these rugs. Market growth expectations remain uncertain, given the volatile geopolitical situation in the region and the uncertainties surrounding the pandemic. However, the market is expected to gradually recover as construction activity resumes and demand for these mats increases. The main beneficiaries of this market will be companies offering innovative grass reinforcement grating solutions, as they are likely to benefit from the growing demand for environmentally responsible products in the construction industry. Additionally, companies that can leverage technological advances to offer cost-effective solutions are likely to gain a competitive advantage in the marketplace.
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[Factors contributing to market growth include:]
Some key points from the summary
- Report overview
- Global growth trends
- Competitive landscape for major players
- data by type
- data per application
- North America market analysis
- european market analysis
- Asia Pacific Market Analysis
- Latin American market analysis
- Market analysis in the Middle East and Africa
- Market analysis of key player profiles
- Analyst views/conclusions
- Attachment
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What are the future prospects of the Turf Reinforcement Mat market?
The future prospects of the Lawn Reinforcement Mat market is a topic of great interest and speculation for industry experts and consumers alike. In recent years, we have seen a significant increase in demand for turf mat reinforcement products and services, driven by advances in technology and changing consumer preferences.
Looking ahead, the turf reinforcement mat market is expected to continue to grow rapidly, with analysts predicting increased demand for innovative, cutting-edge solutions. With the advent of new technologies such as artificial intelligence, Internet of Things (IoT) and big data, businesses and consumers are demanding more advanced and sophisticated turf enhancement products and services.
Additionally, the rise of e-commerce and online distribution channels has made it easier for companies to reach larger audiences, which should increase revenue and drive growth in the Lawn Reinforcement Mat market. Furthermore, the growing demand for eco-friendly and sustainable products is expected to drive innovation in the industry and lead to the development of new and improved turf matting solutions.
Market Segmentation 2023 - 2030
The global Grass Reinforcement Mat market is categorized by product type: Polypropylene Grass Mat, Straw/Coconut Grass Mat, Others and Product Application: Agricultural Applications, Environmental Applications, Others.
By product type, the Lawn Reinforcement Mats market is segmented into:
- polypropylene rugs
- straw/coconut mat
- Others
By product application, the Turf Reinforcement Mat market is segmented into:
- Agricultural Applications
- environmental applications
- Others
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Available Turf Reinforcement Mats market players are listed by region:
- North America:
- USA
- You have
- Europa:
- Germany
- France
- GREAT BRITAIN.
- Italy
- Russia
- Asian Pacific:
- porcelain
- Japan
- South Korea
- Se
- Australia
- China-Taiwan
- Indonesia
- thailand
- Malaysia
- Latin America:
- Mexico
- Brazil
- argentina korea
- Colombia
- Middle East and Africa:
- Leaves
- saudi arab
- arabia
- United Arab Emirates
- Korea
About Us
KEYWORDS market report About Us section:
- Our team is made up of experienced market researchers and analysts with strong industry experience.
- Our goal is to provide comprehensive and up-to-date information about the KEYWORDS market to help companies make informed decisions.
- Our research methodology combines primary and secondary sources to collect data and analyze market trends.
- We have access to industry-leading databases and use advanced tools to analyze the data and generate meaningful insights.
- Our team works closely with industry experts to validate our findings and ensure the accuracy of our reports.
- Our reports are designed to be easy to use and understand, providing essential information such as market size, growth rate, key players and market trends.
The Lawn Reinforcement Mat report answers questions such as:
1. What is a lawn reinforcement mat?
A turf reinforcement mat is a product designed to stabilize and reinforce vegetation in areas subject to erosion, slope instability or heavy traffic.
2. Which factors are driving the growth of the Lawn Reinforcement Mat market?
The growth of the turf reinforcement mat market is being driven by increasing demand for erosion control solutions, an increasing focus on sustainable land management practices and a general increase in construction activity.
3. What materials are commonly used in grass reinforcement mats?
Common materials used in grass reinforcement mats include natural fibers such as coir and straw and high-strength synthetic materials such as polyethylene and polypropylene.
4. What are the main advantages of using lawn reinforcement mats?
Lawn reinforcement mats offer numerous benefits including increased soil stability, reduced erosion, increased water infiltration and retention, and increased vegetation growth. They can also be an ecological alternative to traditional erosion control measures such as concrete or rockfill.
5. Who are some of the top players in the Lawn Reinforcement Mat market?
Some of the major companies operating in the turf reinforcement mat market are Propex Global, BonarInc, Tensar International Corporation and Presto Geosystems.
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To view the original version on Prime PR Wire, visitGlobal Lawn Reinforcement Mats Market Analysis Report provides a comprehensive study of the market size and forecasts growth opportunities during the period 2023-2030 with a CAGR of 5.2%.
COMTEX_428612942/2788/2023-04-07T08:24:01
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