The artificial turf business will relinquish germination at a pace of 18.60% for the projection space of 2020 to 2027 that is presently being credited with factors such as growing demand from sports clubs and different venues which boosts the demand of the artificial turf market.
Artificial turf market has shown an exceptional penetration in countries such as Germany, U.S., and China. Growing usage of artificial turf is increasing the penetration in developed countries. In developing countries, the increase in the demand for the third generation artificial turf will act as the opportunity for the global artificial turf market.
Artificial Turf Market Scenario
According to Data Bridge Market Research, the market for artificial turf in Europe region has the highest market share followed by North America and Asia-Pacific and the market leader is Dow, which accounts an estimated market share of approximately 32% to 35% in the Europe region. The company has gained outstanding sales through their wide range of artificial turf that have wide range of applications in sports & leisure sector.
For instance,
- In May 2020, Dow recently announces the new constructed PCR plastic resin designed for shrink film sticking applications in Asia-Pacific which has been developed and commercialized, the latest resin is engineered to achieve a film output equivalent to that of traditional resins with 40 percent PCR material. The drug, XUS 60921.01, is produced with recycled plastics obtained domestically through strategic recycling partner Dow's in Nanjing, China. This latest resin leads to a circular plastics system, but without losing the efficiency of brand owners and customers.
Trends Impacting the Market
Now the question is which other regions Dow, Tarkett Group and TenCate Grass are targeting? Data Bridge Market Research has forecast a large growth in Asia-Pacific artificial turf market and the market leaders targeting China and India to be their next revenue pockets for 2020.
The artificial turf market is becoming more competitive every year with companies such as Dow, Tarkett Group and TenCate Grass as they are the market leaders for artificial turf. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the artificial turf market.
For more analysis on the artificial turf market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-artificial-turf-market
Artificial Turf Market Development
- In November 2019, Polytan GmbH releases wide range in renewable technology product, including particularly sustainable products. The procurement of a raw material from manufacturing, deployment, service and repair through disposal and recycling requires all life-cycle processes of a commodity into account. The goal is to introduce the product portfolio, phase by stage, technologies that are environmentally friendly and pass on to Green Technology in the long run, so that the development and long-life of synthetic turf structures, tartan paths and soft-impact surfaces will not have to experience any consistency loss.
Scope of the Artificial Turf Market
Artificial turf market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Hong Kong, Taiwan, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, Rest of Middle East and Africa.
- All country based analysis of artificial turf market is further analyzed based on further segmentation. On the basis of raw material, the market is segmented into nylon, polypropylene, polyethylene, polyamides, jute, rubber, and others. On the basis of infill materials, the market is segmented into petroleum-based, organic infill, sand (silica) infill, and others. On the basis of pile height, the market is segmented into less than 10 mm, 10-30 mm, 30-50 mm, 50-70 mm, 70-100 mm, more than 100 mm. On the basis of distribution channel, the market is segmented into direct sales/B2B, e-commerce, specialty stores, convenience stores, and others. On the basis of end-user, the market is segmented into households, sports & leisure, restaurant, hotels, airports, commercial offices, pet areas, and others.
To know more about the study https://www.databridgemarketresearch.com/reports/global-artificial-turf-market
Key Pointers Covered in Artificial Turf Market Industry Trends and Forecast to 2027
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
- Market Supply Chain Competiveness
- Market Value Chain Analysis
Key Market Competitors Covered in the Report
- Tarkett Group
- Victoria PLC
- Astroturf
- SYNLAWN ARTIFICIAL GRASS
- Polytan GmbH
- SpectraTurf, Inc.
- XGrass
- Italgreen Spa
- Dow
- Royal Grass
- SIS Pitches
- Condor Group
- Shawgrass
- Act Global
- Nurteks
- Matrix Turf
- LIMONTA SPORT S.p.A.
- TenCate Grass
- CCGrass
- PRACTICE SPORTS
Above are the key players covered in the report, to know about more and exhaustive list of artificial turf companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-artificial-turf-market
Research Methodology: Global Artificial Turf Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Manufacturers, Industry Professionals
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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