Artificial Turf Market Exploring Future Growth 2017-2023 and Key Players – Victoria (Avalon Grass), Sportfield Deutschland Holding (AstroTurf), CoCreation Grass Corporation
Artificial Turf Market was valued at $2,530 million in 2016, and is projected to reach $5,842 million by 2023, growing at a CAGR of 12.7% from 2017 to 2023.
Artificial turf are man-made surfaces that are designed to resemble natural grass surfaces. The grass on artificial turfs are made from polymer fibers such as polyethylene, polypropylene, and polyamides; the use of which depends on their characteristic features. For instance, polyethylene grass fibers are long lasting and gentle to the skin, whereas polypropylene grass fibers last longer, but is harsh to human skin. Artificial turfs has been proven to have a low impact on the environment as these are recyclable, require less water, and reduce the use of pesticides & fertilizers. These turfs is widely used for as sports pitches due to its high durability, low maintenance, superior quality, all weather utility, virtual appeal, and eco-friendly attribute. Furthermore, these turfs have applications in leisure & landscaping sector. Thus, the potential advantages offered by artificial turfs increases it scope of applications in the market. This is expected to offer lucrative opportunities to players in the market in near future.
Major Key Players of the Artificial Turf Market are:
Victoria (Avalon Grass), Sportfield Deutschland Holding (AstroTurf), CoCreation Grass Corporation, FieldTurf, Global Syn-Turf, Controlled Products, (GrassTex), ForestGrass, Synlawn Artificial Grass, The Dow Chemical Company (DOW), and TigerTurf.
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Factors such as replacement of natural grass with artificial turf in sports stadiums and eco-friendly attributes of artificial turf drive the growth of the artificial turf market. Moreover, increase in disposable income in developing and emerging economics has raised the purchasing power of the people, which in turn has led to use of artificial turfs for landscaping. However, high surface temperature of artificial turf and high cost of artificial turf hamper the market growth. The introduction of hybrid artificial turf offers new opportunities to market players in the near future.
Major Types of Artificial Turf covered are:
Major Applications of Artificial Turf covered are:
Leisure & Landscaping
– To study and analyze the global Artificial Turf consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Artificial Turf market by identifying its various sub-segments.
– Focuses on the key global Artificial Turf manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Artificial Turf with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Artificial Turf Market Size
2.2 Artificial Turf Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Artificial Turf Market Size by Manufacturers
3.2 Artificial Turf Key Players Head office and Area Served
3.3 Key Players Artificial Turf Product/Solution/Service
3.4 Date of Enter into Artificial Turf Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Artificial Turf Sales by Product
4.2 Global Artificial Turf Revenue by Product
4.3 Artificial Turf Price by Product
5 Breakdown Data by End User
5.2 Global Artificial Turf Breakdown Data by End User
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In the end, Artificial Turf industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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