Press release
Global Artificial Turf Market Analysis to 2027 Lead By Sport Group, Tarkett, TenCate Grass, The Dow Chemical Company, TIGERTURF, Victoria, Controlled Products, FieldTurf, ForestGrass and Global Syn-Turf
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global artificial turf market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 for five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central 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.Some of the leading players in global market are Controlled Products, FieldTurf, ForestGrass, Global Syn-Turf, Sport Group, Tarkett, TenCate Grass, The Dow Chemical Company, TIGERTURF, Victoria PLC
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Artificial turfs are man-made alternatives to natural grass surfaces. These are made from polymer fibers such as polyethylene, polypropylene, and polyamides and are mostly used in sports ground where weather is likely to affect the natural grass cover. Artificial turfs are virtually appealing, highly durable, eco-friendly in nature and require low maintenance. The engineering and design of artificial turfs are constantly improving, enabling its use for residential lawns and commercial applications as well.
The artificial turf market is anticipated to grow in the forecast period on account of growing disposable income and eco-friendly nature of the turf. Another major factor responsible for the growth of the artificial turf market is the fast-paced replacement of grass surfaced sports arenas with artificial turf due to their superior quality and all-weather utility. However, high surface temperatures and high costs of artificial turfs restrict the market growth. The artificial turf market is likely to showcase opportunities for the untapped markets and key players with the introduction of hybrid artificial turfs.
The global artificial turf market is segmented on the basis of material and application. Based on material, the market is segmented as polyethylene, polypropylene, and polyamides. On the basis of the application, the market is segmented as contact sport, leisure & landscaping, and others. The report analyzes factors affecting artificial turf 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 & Central America after evaluating political, economic, social and technological factors affecting the artificial turf market in these regions.
The reports cover 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 the way for the expansion of business and customer base of market players. The market players from the artificial turf market are anticipated to lucrative growth opportunities in the future with the rising demand for artificial turf in the global market. Below mentioned is the list of few companies engaged in the artificial turf market.
The report also includes the profiles of key artificial turf companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information for last three years, and key developments in the past five years.
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