Artificial Turf Market Analysis Trends Revenue Opportunities and Size 2024-2030

The Artificial Turf  Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Artificial Turf  Market, as well as the causes for variances in the industry’s growth in various places

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Artificial Turf  Market Scope:

To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.

Artificial Turf  Market Drivers:

The growing construction industry is driving the demand for artificial turf, which is used in artificial turfs for sports fields, stadiums, commercial gardens, and selected residential houses. For instance, Qatar is constructing eight stadiums for FIFA 2022, which will require a high amount of artificial turf. Moreover, water-scarce regions are also adopting artificial turf, as they cannot grow natural grass easily. So, rising concern for water scarcity, globally, is also driving the growth of the artificial turf market. Another major factor responsible for the market growth is the fast-paced replacement of grass-surfaced sports arenas with artificial turf, due to its superior quality, easy replacement, and eco-friendly nature.

The use of synthetic grass has been widened in the areas like residential and commercial landscaping rather than athletic fields. Artificial turf has been widely used at airports. Some of the Astroturf/artificial grass can be integrated with optical fibers for runway lighting in the artificial landing surfaces for aircraft. Both the rubber granules and the synthetic fibers of artificial turf are subject to wear and can be washed into the environment. The rubber granulates from artificial turf infill constitute a significant source of rubber pollution. Fragments from the artificial reeds make their way into the environment as microplastic pollution in both marines as well as the soil environment.

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Artificial Turf  Market Segmentation:

by Material Type

Polyethylene
Nylon
Polypropylene
Others

by Installation Type

Flooring
Wall Cladding

by Infill Material

Rubber-based
Plant-based
Sand-based

by Application

Sports
Leisure
Landscaping
Others

Artificial Turf  Market Key Players: The key players are

1. Sport Group Holding GmbH (Germany)
2. Global Syn-Turf (US)
3. ForeverLawn (US)
4. Dow dupont (US)
5. Shaw Industries (US)
6. Act Global (US)
7. Controlled Products (US)
8. Tigerturf (US)
9. Matrix Turf (US)
10. El Espartano (US)
11. Integriturf (US)
12. Challenger Industries Inc. (US)
13. Tarkett Group (France)
14. Tencate Grass (Netherlands)
15. SiS Pitches (UK)
16. Terraplas.com (UK)
17. Victoria PLC (Uk)
18. CoCreation Grass Co (China)
19. Creative Recreation Solutions (CRS) (Australia)
20. Nurteks Hali (Turkey)
21. Limonta (Italy)

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Regional Analysis:

Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Artificial Turf  Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.

Key Questions Answered in the Artificial Turf  Market Report are:

1. What are the growth drivers for the Artificial Turf market?
Ans. The increasing automotive sector, increasing commercialization, growing building activity, rapidly changing customer preferences for customized automobiles, as well as increased demand for lightweight and fuel-efficient vehicles, are expected to be the major driver for the Artificial Turf market.

2. What is the major restraint for the Artificial Turf market growth?
Ans. The Stringent Regulations on Artificial Turf adoption are expected to be the major restraining factor for the Artificial Turf market growth.

3. Which region is expected to lead the global Artificial Turf market during the forecast period?
Ans. The Asia-Pacific market is expected to lead the global Artificial Turf market during the forecast period due to the increased number of production plants in the Asia-Pacific region increasing the demand for Artificial Turf products and eventually driving the market growth.

4. What is the projected market size & growth rate of the Artificial Turf Market?
Ans. The Artificial Turf Market size was valued at USD 3.95 Bn. in 2023 and the total Artificial Turf revenue is expected to grow at a CAGR of 9.8% from 2024 to 2030, reaching nearly USD 7.60 Bn.

5. What segments are covered in the Artificial Turf Market report?
Ans. The segments covered in the Artificial Turf market report are Material Type, Installation Type, Infill Material, Application, and Region.

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