Artificial Turf Market 2019 Global Industry Overview, Current Scenario, Size, Share, Regional Trends, Revenue Growth By Forecast To 2023

The Global Artificial Turf Market Is Estimated to Grow Exponentially at A Significant CAGR Over the Forecast Period Of 2018 To 2023. Artificial Turf Market Information: By Raw Material, Installation Type, Infill Material, Application, And Region

Pune, India - August 6, 2019 /MarketersMedia/ —

Artificial Turf Market – Overview

Artificial Turf Market is the synthetic substitute for natural grass and is most often used in residential landscapes such as lawns, terrace gardens, and others, and non-residential landscapes such as school playgrounds, sports stadiums, and others. Artificial turf has gained immense popularity over the years owing to its superior properties in comparison to natural grass, such as the high durability, low maintenance requirement, high weather resistance, no irrigation and garnishing requirement, and aesthetic appeal. The major driving factors for the global artificial turf market is the replacement of natural grass in a sports stadium, which, coupled with the thriving sports industry, has risen the demand for artificial turf installments exponentially.

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According to a report published by Market Research Future (MRFR), the global artificial turf market is estimated to grow exponentially at a significant CAGR over the forecast period of 2018 to 2023.

However, the high expenditure associated with artificial turf and the environmental concerns and government regulations regarding the microplastic waste produced by artificial turf as well as the presence of petroleum-based products can be a hindering factor for the growth in the global artificial turf market.

Artificial Turf Market: Key Players

The Key Market Players In The Global Artificial Turf Market are DowDuPont (U.S.), Controlled Products LLC (U.S.), Act Global (U.S.), Sport Group (UK), Matrix Turf (U.S.), GreenFields BV (The Netherlands), Tarkett (France), Shaw Sports Turf (U.S.), Grass (The Netherlands), Soccer Grass (Brazil), SIS Pitches (England), Victoria PLC (UK), TenCate and Limonta Sport SpA (Italy), Altius Sports & Leisure Pvt. Ltd (India).

Artificial Turf Market: Segmental Analysis

The Global Artificial Turf Market is segmented based on raw material, installation type, infill material, application, and region.

By raw material, the market is segmented into nylon, polyethylene, polypropylene, and others. Among these, the polyethylene has been accounted to hold the highest market share over the forecast period, owing to its high demand in sports application for its properties such as durability, resiliency, and softness.

By installation type, the artificial turf market has been segmented into flooring, and wall cladding. Among these, the flooring segment is account for the largest market share due to its wide popularity in commercial lawns, playgrounds, residential lawns, sports fields, terrace gardens, and among others.

By infill material, the global market for artificial turf is segmented into petroleum-based infills, sand-based infills, and others. Among these, petroleum-based infills have been expected to lead the market share over the forecast period, owing to its superior properties such as appropriate fiber support, energy restitution, heightened shock absorption characteristics, proper drainage, and exceptional weather resistance, which is an essential requirement in official sports fields.

By application, the global artificial turf market is segmented into the commercial landscape, residential landscape, non-residential landscape, and sports fields.

Based on the region, the global artificial turf market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

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Artificial Turf Market: Regional Analysis

Europe has been assessed as the largest regional market for artificial turfs and is expected to dominate the global market share over the forecast period.

North America is an essential region of the global artificial turf market and is estimated to showcase substantial growth over the forecast period, owing to the established sports industry, and the presence of notable market players. The regional market for artificial turf market.

The Asia Pacific is the fastest growing region in the global artificial turf market and is expected to witness immense growth over the forecast period, owing to the increase in disposable income of consumers, growing government efforts towards infrastructural development, and the changing trends in landscaping.

Latin America has been assessed as an emerging region in the global artificial turf market, owing to the rise in the sports industry in the region.

The Middle East and Africa are estimated to showcase significant growth over the forecast period, due to the growing demand for artificial turf in the region.

Browse the market data and information spread across 140 pages with 59 data tables and 14 figures of the report “ Artificial Turf Market Research Report – Global Forecast till 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/artificial-turf-market-7159

Table Of Contents:

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope Of The Study

2.3 List Of Assumptions

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

4 Market Dynamics Of Global Artificial Turf Market

4.1 Introduction

4.2 Drivers

4.3 Restraints

4.4 Opportunities

5 Market Factor Analysis Of Global Artificial Turf Market

5.1 Supply Chain Analysis

5.1.1 Raw Materials

5.1.2 Manufacturers/Producers

To Be Continue……

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