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Impact of COVID-19 on Global Lawn Care Chemicals Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2019 to 2029

06-11-2021 12:46 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

A lawn is an area covered with various species of grasses used around houses, apartments, commercial buildings, & offices. Lawns are specially used as parks, turfs, golf courses, pitch, or fields depending on the sport or application. Lawn chemicals are the fertilizers, herbicides, and insecticides used for lawn and garden care. Lawn care chemicals provide necessary macronutrients and protect lawns by restricting the growth of unwanted plants and from insects.

Lawn care chemicals focus on the nourishment of grass and increase its resistivity to weeds, diseases, and pests. Lawn care fertilizers usually contain nitrogen, phosphorus, and potassium (potash). In the United States of America every year around 70 million pounds of pesticides (including herbicides) are used in lawns.

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Lawn Care Chemicals Market: Dynamics
Lawn and garden consumables demand is expected to rise as there is healthy growth in the residential construction market. There has been continued growth in organic products, which will also boost the market growth in upcoming years. Lawns are also contributing to increasing market values of homes, which is another reason for increasing demand for lawn care chemicals in the forecasted period. Consumers pay a lot of money to lawn-care companies to fertilize their yards, to see greenery and perfection.

Lawns are seen as outlets of leisure to escape the grind of daily life, used for meditation and exercise, or as playground, hence, people are willing to invest in the market. The preference for lush, green parks, and colorful gardens will be the key driving factor for the residential market growth of lawn care chemicals. Furthermore, rising interest in gardening will boost the growth in upcoming years.

Everyone wants some green space in front of their households or commercial establishment to increase the beauty, to be decorative or to have some fresh air. Consistent market growth in the lawn care chemicals market is enabling new opportunities in this particular niche. And all these factors are increasing lawn care companies every year.

Lawn Care Chemicals Market: Regional Outlook
The lawn care market is segmented into the following seven regions, including North America, Latin America, Europe, East Asia, South Asia & Oceania, and Middle East & Africa (MEA). The development of new residential areas & rapid urbanization has resulted in tremendous growth in the lawn care chemicals market. This growth is expected to continue in the forecasted period.

North American countries such as the US & Canada, are the most prominent users of lawn care chemical products. Healthy growth has been observed in the professional lawn care segment and expected to rise per year in the forecasted period. Lawn care chemicals are gaining momentum in European countries such as Germany, the UK, & others, and the market is anticipated to reach values of more than billion USD by the end of 2029.

East Asian countries like China, India, South Korea, & others share the largest market share in the production as well as in the consumption of lawn care chemicals. A substantial growth in the market has been seen in various countries like Switzerland, Australia, & others.

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The Research
The research report presents a comprehensive assessment of the lawn care chemicals market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The lawn care chemicals market report provides analysis and information according to market segments such as geographies, application, and industry.

The Lawn Care Chemicals Market Report Covers Exhaustive Analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Lawn Care Chemicals Market: Segmentation
The lawn care chemicals market is segmented into application, product type, business, and region.

Based on Application: Segmentation of Lawn Care Chemicals Market
Households, Playfields, turfs, greenhouse, and ornamental professionals

Based on Product Type: Segmentation of Lawn Care Chemicals Market
Fertilizer, fungicide, insecticide, herbicide and plant growth regulators

Based on Business: Segmentation of Lawn Care Chemicals Market
The lawn care business can be divided into two types, residential and commercial.

Lawn care fertilizers usually contain nitrogen, phosphorus, and potassium (potash), which are the essential macronutrients for plant growth. Herbicide, commonly known as a weed killer, is used to kill unwanted plants to increase the productivity of desired plants in the lawn. On the other hand, insecticides are used to kill grubs, ticks, and fleas that damage grass.

Read More Trending and Similar Reports from Fact.MR – http://www.globenewswire.com/en/news-release/2018/03/16/1441373/0/en/Demand-of-Fumaric-Acid-in-Animal-Feed-Application-to-Soar-at-a-Higher-Pace-During-the-Forecast-Period.html

Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

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About Fact.MR
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