Turf Grass and Turf Solution Market will project a compound annual growth rate (CAGR) of 5.50%, Size, Segments, Industry Trends, Opportunities

ata Bridge Market Research analyses that the turf grass and turf solution market will project a compound annual growth rate (CAGR) of 5.50% during the forecast period of 2021-2028. Rise in the participation of sports and related activities,, surge in the application of turf grass and turf solution by a wide range of end users such as landscapers, commercial, residential, sports and athletic facilities, and others, and rapidly increasing industry competitiveness are the major factors attributable to the growth of turf grass and turf solution market. This means that the turf grass and turf solution market value, which was USD 11.8 billion in 2020, will climb up to USD 18.11 billion by the year 2028.

Turf is a surface of grass that is smooth in texture and high in quality. The turfgrass and turf solutions are helpful in controlling the soil erosion and minimize the growth of weeds. Turf grass is therefore, environmental friendly and recyclable in nature.

View Detailed Report: https://www.databridgemarketresearch.com/reports/global-turf-grass-and-turf-solution-market

Rising construction of smart homes coupled with growing awareness about turf grass will emerge as the major factor fostering the growth of market. Growth in the number of sports centres or sports facilities will also act as an important factor determining the growth of market. Rising industrialization, globalization, and increased application of turf grass in the residential lawns will also carve the way for the growth of the market.

However, lower resistance to heat and harshness of turf grass will pose a major challenge to the growth of market. Increasing application of artificial and synthetic materials in turf grass can lead to soil pollution, and this will further slow down the market growth rate.

GLOBAL TURF GRASS AND TURF SOLUTION MARKET SCOPE AND MARKET SIZE

The global turf grass and turf solution market is segmented on the basis of type, inputs, and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of type, the turf grass and turf solution market is segmented into cold season turf grasses and warm-season turf grasses.  Cold season turf grasses segment is further sub-segmented into Kentucky blue grass, tall fescue, rye grass, fine fescue, and others. Fine fescue segment is further bifurcated into chewing fescue, creeping red fescue and hard fescue. Warm season turf grasses segment is further sub-segmented into zoysia grass, Bermuda grass, centipede grass, St. Augustine grass, blue grama, and others.
The turf grass and turf solution market is also segmented on the basis of inputs. The application is segmented into agrochemicals, seeds, and equipment. Agrochemicals segment is sub-segmented into fertilizers, pesticides, plant growth regulators and others. Pesticides segment is further bifurcated into insecticides, rodenticides, fungicides, herbicides and others. Plant growth regulators segment is further bifurcated into ethylene, cytokinins, auxins, gibberelins, mepiquat chloride, and others.
On the basis of end user, the turf grass and turf solution market is segmented into landscapers, commercial, residential, sports and athletic facilities, and others.

Key Players Analysis:

The major players covered in the turf grass and turf solution market report are Honeywell International Inc., Watlow Electric Company., Dynatherm, Microchip Technology Inc., Maxim Integrated, Jimboomba Turf Group, SPRINTURF, PBI-Gordon Companies, Inc., Turf Star, Sierra Pacific Turf Supply, Turf Products., Turf Solutions Ltd, SPORTS TURF SOLUTIONS, Exmark.com, EasyTurf, HG Turf PTY LTD, Hume Turf, All About Turf, Premier Tech Home and Garden and Professional Turf Products among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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