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Steel Framed Rig Mats Market
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Steel Framed Rig Mats Market

Author: Chandra Mohan - Sr. Industry Consultant, Report ID - DS2402062, Published - February 2025

Segmented in Material (Stainless steel, Galvanized steel), Application (Oil & Gas exploration, Construction, Mining, Others), Product Type, Customer Type and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Steel Framed Rig Mats Market Outlook

The market, for Steel framed rig mats was estimated at $473.0 million in 2024; and it is anticipated to increase to $698.0 million by 2030 with projections indicating a growth to around $965.3 million by 2035. This expansion represents a compound annual growth rate (CAGR) of 6.7% over the forecast period. The importance of steel framed rig mats in industries remains strong due to their durability and resistance to corrosive elements which make them ideal for withstanding heavy loads in tough environments such as construction sites or oil and gas fields where stability is crucial, for work efficiency and safety. Moreover the continuous progress in technology and growing environmental awareness have also boosted the demand for these resources supporting their continued presence, in the market.


Steel framed rig mats are easily transportable platforms primarily crafted from high quality steel materials with a non slip surface and excellent weight bearing capabilities, for effortless installation processes. These mats are commonly utilized in projects that demand pathways or stable foundations for heavy equipment and storage spaces. The popularity of steel framed rig mats has been steadily increasing in times owing to their environmentally friendly attributes.


Market Size Forecast & Key Insights

2019
$473M2024
2029
$904M2034

Absolute Growth Opportunity = $432M

The Steel Framed Rig Mats market is projected to grow from $473.0 million in 2024 to $904 million in 2034. This represents a CAGR of 6.7%, reflecting rising demand across Temporary Road Construction, Oil and Gas Industry and Renewable Energy Sites.

The Steel Framed Rig Mats market is set to add $432 million between 2024 and 2034, with manufacturer targeting Construction & Mining Application projected to gain a larger market share.

With Robust demand from offshore drilling activities, and Paradigm shift towards environmentally sustainable practices, Steel Framed Rig Mats market to expand 91% between 2024 and 2034.

Opportunities in the Steel Framed Rig Mats Market

Strategic Partnerships for Market Growth

Working together with construction and mining firms to establish partnerships can broaden the reach and usage of steel framed rig mats in various projects effectively and directly tailored to the specific requirements and scenarios of each collaborating company.

Expansion into Renewable Energy Projects and Technological Advancements in Durability

The increasing global focus on using energy has created an opportunity for steel framed rig mats to broaden their market presence significantly. They are sturdy structures that offer a stable foundation for a variety of renewable ventures like wind farms and solar energy fields. Utilizing these mats can streamline the process of installing equipment and running operations result in less downtime and bolster safety measures while ensuring effective project completion. This expansion in the market has the potential to boost the demand, sales and overall growth opportunities for steel framed rig mats, within the energy sector.

Enhanced durability and longevity in steel framed rig mats could present a market opportunity if manufacturers harness technological advancements to develop resilient mats capable of enduring harsh environmental conditions, over extended durations. These upgraded mats would not only fulfill the demanding needs of various industries but also lower overall ownership costs which could attract more buyers.

Growth Opportunities in North America and Asia Pacific

Asia Pacific Outlook

In the Asia Pacific regions construction and oil and gas sectors are seeing a rise in the use of steel framed rig mats due to their durability and strength benefits on terrains like those in China and India where these solutions are gaining popularity to meet market demands for reliable rig matting options amid increasing operations. Key players such, as ZHENGZHOU EVERBRIGHT CONSTRUCTION MATERIAL CO., LTD and Liaoning Jushang New Materials Co., Ltd are actively shaping the market dynamics in this region.

North America Outlook

In North America the need for steel framed rig mats has risen notably due to the thriving oil and gas sectors in the region— region's where these mats are widely used. This adaptable rigging system is perfect for unstable terrains and offers a solid foundation, for heavy duty tasks—perfectly suiting the regions active industrial scene. The infrastructure industry in North America plays a role in driving the demand for reliable and long lasting rig mats used in various tasks both regular and specialized ones. In this regions market are leading companies such as Rig Mat Systems and Northern Mat & Bridge that have had a considerable impact on theindustry'sdevelopment. Nevertheless there remains a potential, for innovators aiming to enhance the durability, portability and eco friendliness of these rig mats.

North America Outlook

In North America the need for steel framed rig mats has risen notably due to the thriving oil and gas sectors in the region— region's where these mats are widely used. This adaptable rigging system is perfect for unstable terrains and offers a solid foundation, for heavy duty tasks—perfectly suiting the regions active industrial scene. The infrastructure industry in North America plays a role in driving the demand for reliable and long lasting rig mats used in various tasks both regular and specialized ones. In this regions market are leading companies such as Rig Mat Systems and Northern Mat & Bridge that have had a considerable impact on theindustry'sdevelopment. Nevertheless there remains a potential, for innovators aiming to enhance the durability, portability and eco friendliness of these rig mats.

Asia Pacific Outlook

In the Asia Pacific regions construction and oil and gas sectors are seeing a rise in the use of steel framed rig mats due to their durability and strength benefits on terrains like those in China and India where these solutions are gaining popularity to meet market demands for reliable rig matting options amid increasing operations. Key players such, as ZHENGZHOU EVERBRIGHT CONSTRUCTION MATERIAL CO., LTD and Liaoning Jushang New Materials Co., Ltd are actively shaping the market dynamics in this region.

Growth Opportunities in North America and Asia Pacific

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : United States, Canada, Australia, Saudi Arabia, United Arab Emirates are expected to grow at 4.4% to 6.4% CAGR

2

Emerging Markets : Brazil, Indonesia, Nigeria are expected to grow at 7.7% to 9.2% CAGR

Market Analysis Chart

The changing environment of industries worldwide has led to a growing need for sturdy steel framed rig mats due to their strength and versatility in various industrial settings where heavy machinery is essential, for construction projects.

Recent Developments and Technological Advancement

November 2024

RigTech Steel introduced a line of composite rig mats that are lightweight and eco friendly while maintaining durability—a move that marks a shift, in the market towards sustainable rigging solutions.

September 2024

During the quarter of the year MegaMat Industries unveiled their latest collection of durable rig mats featuring strong steel frames and enhanced with corrosion resistant alloys to meet the growing need, for sturdy rig solutions.

The demand for steel framed rig mats has seen a surge in recent times due to the rising requirements in the construction sector—particularly in challenging terrains where safe and durable temporary access is essential, for heavy machinery and workers alike. The industry of steel framed rig mats is currently witnessing a wave of advancements that are reshaping its landscape and capabilities.

Impact of Industry Transitions on the Steel Framed Rig Mats Market

As a core segment of the Oil & Gas industry, the Steel Framed Rig Mats market develops in line with broader industry shifts. Over recent years, transitions such as Advancements in Material Technology and Increasing Demand for Eco-friendly Solutions have redefined priorities across the Oil & Gas sector, influencing how the Steel Framed Rig Mats market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Advancements in Material Technology:

The steel framed rig mats industry is embracing progress with the adoption of high strength yet lightweight steel, for manufacturing rig mats instead of the conventional heavy steel material used previously. This shift has had an impact both financially and operationally by streamlining transport and installation processes while also enhancing safety measures through the use of lighter materials that are easier to handle in the work environment.

2

Increasing Demand for Eco-friendly Solutions:

The business sector is experiencing a move towards environmentally friendly methods these days. Manufacturers of steel framed rig mats are now focusing more on eco options by integrating recyclable materials into their designs. This change not only complies with worldwide environmental standards but also meets the needs of customers who value eco friendliness. Such a shift in focus is affecting production processes. Prompting companies in related fields to think about their impact, on the environment too. These significant changes indicate a future, for the steel framed rig mats industrythat'sboth sustainable and efficient moving in a positive direction.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Oil & Gas industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Oil & Gas industry cascade into the Steel Framed Rig Mats market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Robust Demand from Offshore Drilling Activities, and Technological Innovation in Material Science

The market has also seen a surge in the need for steel framed rig mats for drilling work due, to their high load capacity and corrosion resistance properties that make them perfect for tough offshore conditions. This is also expected to lead to growth in this area.
Recent progress in material science has also resulted in the creation of effective steel framed rig mats that offer improved stability and durability, for use in a wide range of industrial settings.
The business sector is also experiencing a change towards embracing environmentally friendly practices. In line with this shift in mindset and due, to their reusability and recyclability features steel framed rig mats fit well with this emerging trend. The use of these mats is also expected to see a rise as more industries embrace sustainable processes and practices.

Restraint: High Costs Implications

Investment in steel framed rig mats can be quite expensive because of the materials needed for their construction come at a cost. Increased steel prices can make these rig mats less appealing, to budget buyers. When labor costs are factored in well during construction process it could deter many potential customers and slow down the growth of the steel framed rig mats market.

Challenge: Restricted Market Visibility

The steel framed rig mats face a unique challenge due to their limited market awareness beyond the construction and industrial fields despite their various advantages. They are not only widely recognized which hinders their adoption. The complex and specialized uses of these mats may be daunting for those, with them resulting in hesitance to use them. This lack of visibility restricts market demand and impacts market trends.

Supply Chain Landscape

Raw Material Acquisition

ArcelorMittal

Voestalpine AG

Production of Key Components

BaoTou Steel

Tata Steel

Assembly & Manufacturing
Access Terrain Services / Oilfield Mats Supply
Distribution & End-Users
Industrial Construction / Oil and Gas Exploration
Raw Material Acquisition

ArcelorMittal

Voestalpine AG

Production of Key Components

BaoTou Steel

Tata Steel

Assembly & Manufacturing

Access Terrain Services

Oilfield Mats Supply

Distribution & End-Users

Industrial Construction

Oil and Gas Exploration

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Leading Providers and Their Strategies

Application AreaIndustryLeading Providers / ConsumersProvider Strategies
Construction Sites
Construction
Schlumberger Limited
Rigorous quality control in manufacturing processes to ensure durability of steel frames
Crane Support
Oil & Gas
Halliburton
Adoption of technologically advanced materials to ensure maximum load-bearing capacity
Temporary Access Roads
Pipeline Industry
Baker Hughes
Implementing strategies for ecological and environmentally friendly product designs
Bridge Decks
Heavy Machinery
Hybrid Energy Services
Development of modular designs for ease of assembly and flexibility in varying environment conditions

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Steel Framed Rig Mats market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Steel Framed Rig Mats in Renewable Energy Sites, Oil and Gas Industry and Temporary Road Construction

Renewable Energy Sites

Steel framed rig mats are commonly used at energy sites to enhance safety and facilitate the installation of wind turbines and solar panels efficiently and securely by companies such, as Access Terrain Services and RigMat Systems who prioritize sustainability and operational safety.

Oil and Gas Industry

Steel framed rig mats have a role in the oil and gas sector due to their durability in harsh weather and heavy load capacities which streamline site preparations efficiently used by companies like Strad Inc and Northern Mat & Bridge to improve safety and productivity, in operations.

Temporary Road Construction

Steel framed rig mats are commonly employed in constructing roads due to their remarkable durability and strength properties that make them a perfect fit for the job by providing unparalleled support to heavy machinery and vehicles alike. Key players in this field who are known to maximize the advantages of these rig mats are Brownings Transport and Horizon North Logistics. Renowned for their dedication, to safety and excellence.

Steel Framed Rig Mats vs. Substitutes:
Performance and Positioning Analysis

Steel framed rig mats provide superior durability and ease of transportation compared to wood or composite mats. Their unique market position lies in their potential growth in energy, mining, and construction sectors

Steel Framed Rig Mats
    High durability, significant load-bearing capabilities
    heavy weight, lack of corrosion resistance
    High loading capacity, great durability
    Limited flexibility, challenging transportation and installation

Steel Framed Rig Mats vs. Substitutes:
Performance and Positioning Analysis

Steel Framed Rig Mats

  • High durability, significant load-bearing capabilities
  • heavy weight, lack of corrosion resistance

Wood Rig Mats / composite mats

  • High loading capacity, great durability
  • Limited flexibility, challenging transportation and installation

Steel framed rig mats provide superior durability and ease of transportation compared to wood or composite mats. Their unique market position lies in their potential growth in energy, mining, and construction sectors

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Research Methodology

This market research methodology defines the Steel Framed Rig Mats market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the Oil & Gas ecosystem, we analyze Steel Framed Rig Mats across Oil & Gas exploration, Construction, and Mining Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:

Statistical Review of World Energy - Energy Institute

EIA / EIA STEO / IEA

JODI data

UN Data

IRENA - Renewable Energy

JRC - Europe Power Plants

US Power Sector - Form 860

Annual Reports / Industry Magazines / Country Level Ministerial Sources

We benchmark competitors such as Newpark Resources Inc., Horizon North Logistics Inc., and Signature Systems Group LLC. by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Raw Material Acquisition, Production of Key Components, and Assembly & Manufacturing. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global Oil & Gas revenues to estimate the Steel Framed Rig Mats segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Raw Material Acquisition (ArcelorMittal, Voestalpine AG), Production of Key Components (BaoTou Steel, Tata Steel), and Assembly & Manufacturing. Our parallel substitute analysis examines Wood Rig Mats and composite mats, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Newpark Resources Inc., Horizon North Logistics Inc., and Signature Systems Group LLC., analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Steel Framed Rig Mats market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Steel Framed Rig Mats Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 504 million
Revenue Forecast in 2034USD 904 million
Growth RateCAGR of 6.7% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 2024473 million
Growth OpportunityUSD 432 million
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD million and Industry Statistics
Market Size 2024473 million USD
Market Size 2027574 million USD
Market Size 2029654 million USD
Market Size 2030698 million USD
Market Size 2034904 million USD
Market Size 2035965 million USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredMaterial, Application, Product Type, Customer Type
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledNewpark Resources Inc., Horizon North Logistics Inc., Signature Systems Group LLC., Northern Mat & Bridge, Strad Energy Services Ltd., Access Terrain Services, GFS Corp., MaXXiMaT Ltd., Rig Mats of America Inc., Outrigger Mats, Quality Mat Company and Rumber Materials Inc.
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Steel Framed Rig Mats Market Size, Opportunities & Strategic Insights, by Material

4.1Stainless steel
4.2Galvanized steel
Chapter 5

Steel Framed Rig Mats Market Size, Opportunities & Strategic Insights, by Application

5.1Oil & Gas exploration
5.2Construction
5.3Mining
5.4Others
Chapter 6

Steel Framed Rig Mats Market Size, Opportunities & Strategic Insights, by Product Type

6.1Heavy duty
6.2Light duty
Chapter 7

Steel Framed Rig Mats Market Size, Opportunities & Strategic Insights, by Customer Type

7.1Direct sales
7.2Distributors
Chapter 8

Steel Framed Rig Mats Market, by Region

8.1North America Steel Framed Rig Mats Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe Steel Framed Rig Mats Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific Steel Framed Rig Mats Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa Steel Framed Rig Mats Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America Steel Framed Rig Mats Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS Steel Framed Rig Mats Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1Newpark Resources Inc.
9.2.2Horizon North Logistics Inc.
9.2.3Signature Systems Group LLC.
9.2.4Northern Mat & Bridge
9.2.5Strad Energy Services Ltd.
9.2.6Access Terrain Services
9.2.7GFS Corp.
9.2.8MaXXiMaT Ltd.
9.2.9Rig Mats of America Inc.
9.2.10Outrigger Mats
9.2.11Quality Mat Company
9.2.12Rumber Materials Inc.