Artificial Turf Market Is Expected To Reach Approximately USD 6.61 Billion By 2023, While Registering Itself At A Compound Annual Growth Rate (CAGR) Of 10.70%
Artificial Turf Market from Qurate’s Repository provides detailed information, in-depth analysis, and forecast which is developed by a team of experts and professionals
(EMAILWIRE.COM, August 31, 2018 ) Industry Outlook and Trend Analysis
The global Artificial Turf Market was worth USD 2.65 billion in 2014 and is expected to reach approximately USD 6.61 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 10.70% during the forecast period. Artificial turf is a surface of manufactured fibre, made to seem like common grass. At first, artificial turfs were made use of as a part of game fields that were played on grass. Nonetheless, they are currently broadly made use of for different residential and commercial application. Artificial turf were fundamentally presented in the market as a substitute of natural grass, used to limit undesired support of grass and used as a part of regions where grass isn’t adequately developed. For example, artificial turf was first used as a part of 1996 at Tropicana b-ball field situated in Houston where enough daylight was not accessible for the development of grass.
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Type Outlook and Trend Analysis
Based on type the market is segmented into Superturf, Astroturf and Fieldturf. One of the most recent patterns that is foreseen gain prominence in the worldwide artificial grass turf market is the development of half and half grass. There are diverse kinds of cross breed grass offered by sellers with enhanced functionality and strength. One of the conspicuous players in the market, Natural grass, has outlined a high innovation turf that joins genuine grass with synthetic cork and microfibres.
Application Outlook and Trend Analysis
Based on application the sports portion held around 45 to half market measure in the year 2014. The usage of artificial grass turf for American football is from 1960s attributable to the uncomplimentary air conditions in America. The manufactured turf holds additional heat; thus the probabilities of burns and injuries for sports players are more prominent than with natural grassland.
Regional Outlook and trend Analysis
Geographically, Europe, Middle East and Africa are anticipated to register the maximum market stake trailed by the Americas and Asia Pacific. Significant market stake of EMEA can be attributed to its wide-ranging sports setup and high attractiveness of sporting occasions such as hockey, tennis, football, and golf in this area.
Competitive Insights
The leading players in the market are AstroTurf, Avalon, SIS Pitches, Challenger Industries Inc, DuPont, Turf & Garden Inc and Garden Grass. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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The Artificial Turf Market is segmented as follows-
By Type:
Astroturf
Superturf
Fieldturf
By Application:
Hockey
Tennis
Contact Sports
American Football
Rugby
Leisure
Landscaping
By Region
North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific
Rest of the World
Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others
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Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
The global Artificial Turf Market was worth USD 2.65 billion in 2014 and is expected to reach approximately USD 6.61 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 10.70% during the forecast period. Artificial turf is a surface of manufactured fibre, made to seem like common grass. At first, artificial turfs were made use of as a part of game fields that were played on grass. Nonetheless, they are currently broadly made use of for different residential and commercial application. Artificial turf were fundamentally presented in the market as a substitute of natural grass, used to limit undesired support of grass and used as a part of regions where grass isn’t adequately developed. For example, artificial turf was first used as a part of 1996 at Tropicana b-ball field situated in Houston where enough daylight was not accessible for the development of grass.
Request for Free Sample@ https://www.qurateresearch.com/report/sample/CnM/QBI-CMR-CnM-54585
Type Outlook and Trend Analysis
Based on type the market is segmented into Superturf, Astroturf and Fieldturf. One of the most recent patterns that is foreseen gain prominence in the worldwide artificial grass turf market is the development of half and half grass. There are diverse kinds of cross breed grass offered by sellers with enhanced functionality and strength. One of the conspicuous players in the market, Natural grass, has outlined a high innovation turf that joins genuine grass with synthetic cork and microfibres.
Application Outlook and Trend Analysis
Based on application the sports portion held around 45 to half market measure in the year 2014. The usage of artificial grass turf for American football is from 1960s attributable to the uncomplimentary air conditions in America. The manufactured turf holds additional heat; thus the probabilities of burns and injuries for sports players are more prominent than with natural grassland.
Regional Outlook and trend Analysis
Geographically, Europe, Middle East and Africa are anticipated to register the maximum market stake trailed by the Americas and Asia Pacific. Significant market stake of EMEA can be attributed to its wide-ranging sports setup and high attractiveness of sporting occasions such as hockey, tennis, football, and golf in this area.
Competitive Insights
The leading players in the market are AstroTurf, Avalon, SIS Pitches, Challenger Industries Inc, DuPont, Turf & Garden Inc and Garden Grass. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Enquiry About Report@ https://www.qurateresearch.com/report/enquiry/CnM/QBI-CMR-CnM-54585
The Artificial Turf Market is segmented as follows-
By Type:
Astroturf
Superturf
Fieldturf
By Application:
Hockey
Tennis
Contact Sports
American Football
Rugby
Leisure
Landscaping
By Region
North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific
Rest of the World
Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others
Click on the link to Buy Now@ https://www.qurateresearch.com/report/buy/CnM/QBI-CMR-CnM-54585
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Contact Information:
Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
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Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results