Press release
Artificial Turf Market 2024 Projections, Trends and Forecast 2024-2031 - DowDuPont, Tarkett, Controlled Products.
DataM Intelligence has released a new research report on the Artificial Turf market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.Artificial Turf Market is valued at at a promising CAGR of 10.50% during the forecast period (2024-2031).
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Artificial turf, also known as synthetic grass, is a man-made surface designed to resemble natural grass, primarily used in sports fields, playgrounds, and landscaping. Made from a combination of plastic fibers such as polyethylene, polypropylene, and nylon, artificial turf offers a durable and low-maintenance alternative to natural grass. It is engineered to provide consistent playing conditions, reducing the risk of mud and uneven surfaces during inclement weather. The installation of artificial turf involves a layered system, including a base material for drainage, infill for stability, and the synthetic grass itself. One of the primary benefits of artificial turf is its ability to withstand heavy foot traffic without the need for regular watering, mowing, or fertilization, making it an environmentally friendly option. Additionally, advancements in technology have led to the development of turf that mimics the look and feel of real grass more closely, enhancing its appeal for various applications, including sports, residential lawns, and commercial landscapes.
List of the Key Players in the Artificial Turf Market:
DowDuPont, Tarkett, Controlled Products, Shaw Industries Group, Victoria PLC, Act Global Sport Group, TigerTurf, SIS Pitches, Matrix Turf, Nurteks Hali, Soccer Grass, Xuzhou Liufenliu E-commerce Co., Ltd., Wuxi HISOA Rubber & Plastic Material Type Co., Ltd., Wenan Green Hong Simulation Lawn Co., Ltd, Dorelom Artificial Grass Group Co., Ltd and Wuxi Like Green Lawn Co., Ltd.
Key Developments:
Additionally, the Asia Pacific region is expected to achieve a compound annual growth rate (CAGR) of 6.0% in volume throughout the assessment period, driven by a surge in construction activities supported by rising investments from foreign multinational companies. The hospitality sector and the growth of tourism are significant factors contributing to the increased consumption of products in commercial applications. Furthermore, the rapid urbanization and the development of commercial playgrounds are likely to bolster market growth in this region.
Research Process:
Both primary and secondary data sources have been used in the global Artificial Turf Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Artificial Turf Market:
By Material Type: Polyamides, Polyethylene.
By End-Use: Contact sports, Non-contact Sports, Landscaping, Leisure.
By Application: Sports, Residential, Commercial.
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Regional Analysis:
➣ North America (US, Canada, Mexico)
➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)
➣ South America (Brazil, Argentina, Rest of South America)
➣ Middle East and Africa
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Artificial Turf market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Artificial Turf Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Artificial Turf market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Artificial Turf Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
Have any Query? Talk to our Expert @ https://www.datamintelligence.com/enquiry/artificial-turf-market
The Research Report Offers Answers To The Following Questions:
☛ What is the expected growth rate of the global market for the forecast period?
☛ What are the key driving factors that are responsible to shape the fate of the Artificial Turf market during the forecast period?
☛ What will be the overall size of the market during the analysis period?
☛ What are the prominent market trends which influence the development of the Artificial Turf market across various regions?
☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Artificial Turf market?
☛ What are the major opportunities that the companies can get to attain success in the world?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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