Temporary Road Covers Market: Introduction
Temporary road covers are used to conceal trenches or holes within the pavement or road, to provide safe, access for work areas and to eliminate hazards and accidents at the work site. Temporary road covers are also used to improve the safety of wet and slippery and provides contractors, construction crews, event staff and utility departments affordable way to facilitate a safe place for visitors, guests, and passersby to walk, bike or drive. Temporary road covers are essential for maintaining accessibility at construction sites. Temporary road covers can be made of polymers and metals. However, polymers due to Cost-effective production, feasible profit margins, and relatively easy procurement of raw materials polymers are increasingly adopted by construction contractors in the temporary road covers applications. Among the other factors driving the use of polymers in temporary road covers applications includes, flexibility, frictional co-efficiency, flame resistance, safety and design versatility. Rising investment in the construction sector is expected to cater positive outlook for the temporary road covers market.
Temporary Road Covers Market: Dynamics
Temporary road covers market is expected to witness robust growth during the forecast period creating lucrative opportunity for the market participants. The primary driver for the growth of temporary road covers market is robust construction industry growth coupled with increasing safety concern. Driven by design, technical and structural advantages polymers such as HDPE and PVC are increasingly gaining traction in temporary road covers market. Socio-economic factors such as high rate of urbanization, population growth and substantial growth in the service and manufacturing sector is expected to have positive impact on the long-term growth of construction industry, this in turn is expected to propel the growth of temporary road covers market during the forecast period.
Manufacturers are driving efforts towards research and development in order to increase market share. The market participants are developing innovative and anti-slip technology to increase stability in the temporary road covers. One of the key trend observed in the temporary road covers market is increasing use of PVC edging to reduce slippage and glass reinforcement to maximize strength.
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Temporary Road Covers Market: Segmentation
On the basis of traffic type, Temporary Road Covers can be segmented into:
- Pedestrian Traffic
- Vehicle Traffic
On the basis of material type, Temporary Road Covers can be segmented into:
Temporary Road Covers Market: Regional Overview
North America is expected to dominate the global Temporary Road Covers market, the region is expected to witness robust growth in the near future owing to rising investment in the construction sector. Asia Pacific temporary road covers led by countries such as China, India, Indonesia, Philippines among others, is expected to witness robust growth during the forecast period. Increasing infrastructural development projects and government as well as private investment in the construction sector in China is expected to boost the growth of temporary road covers market during the forecast period. European temporary road covers market is expected to be driven by rise in construction and repair & maintenance activities, creating a moderate growth opportunity for the market participants. Middle East & Africa temporary road covers market is expected to witness robust growth over the forecast period to huge investment in construction & infrastructure industry in countries such as Turkey, Oman, Qatar, Saudi Arabia, and UAE. Moreover, government initiations to improve infrastructure in countries such as Kenya, Ethiopia, South Africa, etc. are expected to create new market opportunities in the region. Latin America temporary road covers market are expected to expand at relatively slower pace over the forecast period.
Temporary Road Covers Market: Market Participants
Examples of some of the market participants identified across the value chain of the global Temporary Road Covers Market includes
- Sonco Worldwide Group
- Groundtrax Systems Limited
- Oxford Plastics
- Australian Road Covers Pty Ltd
- Warren & Brown Technologies
- Tricel (Gloucester) limited
- Checkers Safety Group