Global Trends, Size, Segments, Emerging Technologies and Industry Growth by Forecast to 2028 – Daily Research Sheets

MARKET OVERVIEW

Artificial turf is a grass-like surface composed of synthetic fibres a nd is most commonly used in arenas for sports that started out on grass or are still played on grass. However, it is increasingly being utilized on both residential and commercial lawns. Consumers can benefit from artificial grass in a variety of ways. It is a great landscaping alternative because it saves both money and time. Natural grass uses 55 gallons of water per square foot per year; however, artificial grass does not, saving you money on your monthly water bill. Artificial grass provide the consumers an appearance of green grass in their landscapes without the upkeep.

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MARKET SCOPE

The “Global Artificial Turf Market Analysis to 2028” is a specialized and in-depth study of the chemicals & materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the artificial turf market with detailed market segmentation by material used, application, and geography. The report provides key statistics on the market status of the leading artificial turf market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  • On the basis of material used, the market is segmented into polyethylene, polypropylene, nylon, and others.
  • On the basis of application, the market is segmented into sports, leisure & landscaping, and others.

 

MARKET DYNAMICS

Drivers:

  • Rising demand for artificial turf from the sports industry is driving the market growth
  • Moreover, artificial turf is highly preferred for landscaping because of its durability, softness, and resiliency which is further driving the market growth.

 

Restraints

  • Higher installation price may act as a restraint to the market growth in some regions.

 

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The artificial turf market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the artificial turf market in these regions.

IMPACT OF COVID-19 ON ARTIFICIAL TURF MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products.

MARKET PLAYERS

The report covers key developments in the artificial turf market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from artificial turf market are anticipated to lucrative growth opportunities in the future with the rising demand for artificial turf in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the artificial turf market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  • Dow Inc.
  • Tarkett
  • DuPont de Nemours, Inc.
  • Tiger Turf
  • Act Global
  • CCGrass
  • Namgrass
  • SIS Pitches
  • TSB Ultimate Hygienic Premium Mats
  • SYNLAWN ARTIFICIAL GRASS
  • Hatko Sport
  • AstroTurf Corporation
  • FieldTurf
  • Maverick Turf Technologies Pvt., Ltd
  • Matrix Turf
  • Italgreen Spa
  • Grass Turf Mills
  • GreenFields BV
  • National Plastic Industries Limited
  • Evergreen Bamboo India Pvt. Ltd.

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