Global Artificial Turf Market is expected to grow with the CAGR of 18.6% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Global artificial turf market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in global artificial turf market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in January 2018, FieldTurf, Tarkett Group Sports subsidiary and a worldwide industry pioneer in artificial turf, confirms the purchase of the holdings of Grass Manufacturers Pty Ltd (Grassman), the first Australian producer of artificial turf. Grassman’s acquisition extends Field Turf’s footprint in Australia, particularly in the field of soccer, basketball, landscape and services and further complements football and rugby applications. Furthermore, the purchase is a good forum for land builders and businessmen in Australia.
Dow is the dominating player in global artificial turf market. The other key players existing in the market includes Tarkett Group, Victoria PLC, Astroturf, SYNLAWN ARTIFICIAL GRASS, Polytan GmbH, SpectraTurf, Inc., XGrass, Italgreen Spa, Royal Grass, SIS Pitches, Condor Group, Shawgrass, Act Global, Nurteks, Matrix Turf, LIMONTA SPORT S.p.A., TenCate Grass, CCGrass, and PRACTICE SPORTS among others.
Dow headquartered in Michigan, U.S. and was incorporated in 2018 which is engaged in the manufacturing and commercializing of wide range of products including chemical, automation, and agriculture across the world. The company deals in the business segments including packaging & specialty plastics, industrial intermediates & infrastructure, performance materials & coatings out of which industrial intermediates & infrastructure is the market focused segment. The products offered by company lies under various categories such as additives and modifiers, adhesives and sealants, amines and chelants, conductive materials, elastomers and plastomers, emulsions, fluids, blends and dispersions, foam control agents, gels, encapsulants and conformal coatings, lubricants, heat transfer and deicing fluids, monomers, optical materials, plastic additives, polyethylene, polyurethanes, release coatings and agents, resins, binders and film formers, silanes and siliconates, solvents and glycols, specialty polymers and compounds, surfactants, emulsifiers and polyglycols, waxes and powders and the market focused product lies under polyethylene category in the artificial turf market.
The company has wide global presence across the globe such as Europe, Middle East and Africa, Americas, and Asia-Pacific. The company has various subsidiaries namely Dow Chemical Taiwan Limited (Taiwan), Rofan Services LLC (Delaware), Rohm and Haas Colombia Ltda (Colombia), Siam Polystyrene Company Limited (Thailand), Santa Vitoria Acucar e Alcool Ltda. (Brazil) among others.
Tarkett Group founded in 1880 and is headquartered in Paris, France. The company is engaged in the manufacturing of flooring and sports surface solutions for the home, education, workplace, healthcare & aged care, stores & shops, hospitality, travel & leisure marine, aviation, transport & industry, sports & wellness. The company deals in the business segments including sports surfaces, flooring out of which sports surfaces is the market focused segment. The products offered by company lies under various categories such as vinyl, linoleum, carpet, wood, laminate, rubber, accessories, artificial & hybrid turf, tracks and the market focused product lies under artificial & hybrid turf category in the artificial turf market.
The company has wide global presence in Europe, Middle East and Africa, North America, and CIS, Asia-Pacific and Latin America. In addition to it, the company also generates its revenue from the various subsidiary companies such as Tarkett Doo Backa Palanka (Serbia), AO Tarkett (Russia), AO Tarkett RUS (Russia), Tarkett GDL SA (Luxembourg) and Tarkett Finance Inc (USA) among others.
TenCate Grass is headquartered in Nijverdal, The Netherlands. The company is engaged in manufacturing of turf fibers and components of artificial grass surface for the sport, leisure or landscaping. The company offers various products under categories such as synthetic turf fibers, backing, woven technology, base layers, systems among which synthetic turf fibers is market focused category.
The company has wide global presence in Americas, Europe, Asia-Pacific, and Middle East and Africa.
Global Artificial Turf Market – Industry Trends and Forecast to 2028
Europe Artificial Turf Market – Industry Trends and Forecast to 2028
North America Artificial Turf Market – Industry Trends and Forecast to 2027
Middle East and Africa Artificial Turf Market – Industry Trends and Forecast to 2027
Asia-Pacific Artificial Turf Market – Industry Trends and Forecast to 2027
Polytan GmbH, Dow and Italgreen Spa are Dominating in the Europe Artificial Turf Market in 2021