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Artificial Turf Market Technological Advancement, Competitive Strategies; Progressive CAGR 10.70% and Forecast to 2023|Growth by Top Key Players: AstroTurf, Avalon, SIS Pitches, Challenger Industries Inc, DuPont, Turf & Garden Inc and Garden Grass

10-09-2018 07:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Crystal Market Research

/ PR Agency: Crystal Market Research
Artificial Turf Market Status, Artificial Turf Market Growth, Artificial Turf Market Scope

Artificial Turf Market Status, Artificial Turf Market Growth, Artificial Turf Market Scope

The global Artificial Turf Market was worth USD 2.65 billion in 2014 and is expected to reach approximately USD 6.61 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 10.70% during the forecast period. Artificial turf is a surface of manufactured fibre, made to seem like common grass. At first, artificial turfs were made use of as a part of game fields that were played on grass. Nonetheless, they are currently broadly made use of for different residential and commercial application. Artificial turf were fundamentally presented in the market as a substitute of natural grass, used to limit undesired support of grass and used as a part of regions where grass isn't adequately developed. For example, artificial turf was first used as a part of 1996 at Tropicana b-ball field situated in Houston where enough daylight was not accessible for the development of grass.

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Application Outlook and Trend Analysis:
Based on application the sports portion held around 45 to half market measure in the year 2014. The usage of artificial grass turf for American football is from 1960's attributable to the uncomplimentary air conditions in America. The manufactured turf holds additional heat; thus the probabilities of burns and injuries for sports players are more prominent than with natural grassland.

Regional Outlook and trend Analysis:
Geographically, Europe, Middle East and Africa are anticipated to register the maximum market stake trailed by the Americas and Asia Pacific. Significant market stake of EMEA can be attributed to its wide-ranging sports setup and high attractiveness of sporting occasions such as hockey, tennis, football, and golf in this area.

Competitive Insights:
The leading players in the market are AstroTurf, Avalon, SIS Pitches, Challenger Industries Inc, DuPont, Turf & Garden Inc and Garden Grass. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Browse Full Report With TOC @ https://www.crystalmarketresearch.com/report/artificial-turf-market

Table of Contents:
1. Introduction
1.1. Report Description
1.2. Research Methodology

2. Executive Summary
2.1. Key Highlights

3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Government initiative for the use of artificial turf for sports field
3.2.2. Restraints
3.2.2.1. Rising number of injuries due to skin scratch and blisters
3.2.3. Opportunities
...CONTINUED FOR TOC

Type Outlook and Trend Analysis:
Based on type the market is segmented into Superturf, Astroturf and Fieldturf. One of the most recent patterns that is foreseen gain prominence in the worldwide artificial grass turf market is the development of half and half grass. There are diverse kinds of cross breed grass offered by sellers with enhanced functionality and strength. One of the conspicuous players in the market, Natural grass, has outlined a high innovation turf that joins genuine grass with synthetic cork and microfibres.

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Data Mining:
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

Contact:
Crystal Market Research
Judy
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com

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