Market Research Report
Artificial Grass - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||652608|
|Published||Content info||160 Pages
Delivery time: 2-3 business days
|Artificial Grass - Global Market Outlook (2017-2026)|
|Published: April 1, 2018||Content info: 160 Pages||
According to Stratistics MRC, the Global Artificial Grass Market is accounted for $3.38 billion in 2017 and is expected to reach $7.25 billion by 2026 growing at a CAGR of 8.8% during the forecast period. Factors such as growing in the number of stadiums with artificial turf, rising demand for water conservation and price compensation of artificial grass are propelling the market growth. However, health and environmental impact of artificial grass and huge field temperature related with artificial grass are hindering the growth of the market. Increasing speculation with key stakeholders such as FIFA and UEFA for infrastructural advancement and emerging nations through harsh temperature provides ample opportunities for the market.
By fiber base material, Polyethylene segment is adapted by different artificial grass manufacturers suitable to its softness, durability, and resiliency that is necessary for strictly demanding contact sports pitches. Polyethylene is mainly a common polymer for artificial grass in residential applications. Polyethylene is used for its utmost versatility and excellent balance among durability, aesthetics and softness. It is manufactured in a range of grades - C2, C4, C6 and C8 in which the number denominates the number of carbons in the polymer. It offers both the softer texture of natural grass as well as its vibrant green look. It also offers an ideal surface for athletics, including soccer, baseball and football fields. Based on infill material, Sand infill segment is used for artificial grass consume shock, deters bacteria, and maintain the similar durability as crumb rubber, manufacturing it a huge solution for playgrounds, pet areas, and yards.
In terms of geography, Asia Pacific is expected to observe the fastest growing market due to increase in growth of contact sports such as football, expansion of huge-technology parks, rapid urbanization, reputation of artificial grass in residential and commercial landscaping, municipalities and public gardens, joined throughout the strong occurrence of chinese artificial grass manufacturers.
Some of the key players in Artificial Grass Market include Tarkett S.A., Victoria PLC, ACT Global, TigerTurf, Matrix Turf, Soccer Grass, Sportlink, The Dow Chemical Company, Shaw Industries Group, Inc, Sport Group, Controlled Products, Nurteks Hali, SIS Pitches, El Espartano and Limonta.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above