Sports Segment to Boost the Artificial Turf Market Growth During the Forecast Period
Increasing
usage in sports and rising adaptability in various weather conditions are the
leading factors driving the global artificial turf market during the forecasted
period.
According to
TechSci Research report, “Artificial Turf Market – Global Industry Size,
Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” The global artificial turf
market is anticipated to project robust growth during the forecast period due
to the rising participation in sports, increasing participation
in sports, increased adaptability in various weather conditions, long-term cost
effectiveness, etc. Using eco-friendly artificial turf is a prominent trend
expected to affect new product launches throughout the forecasted period.
Artificial turf is a surface
constructed of synthetic fibers that resemble natural grass. It is mostly
utilized in arenas for sports that originated or are now played on grass.
However, it is increasingly also being utilized on both residential and
commercial lawns. Artificial turf is ideal for high-traffic areas and requires
less maintenance because it does not require pruning or irrigation. Artificial
turf is a better alternative for water conservation and consumption, especially
in dry locations. Artificial turf saves water as compared to genuine grass,
which can consume 20,000 or more gallons of water each year. Artificial turf
fields eliminate the problem of spring and fall rains, which cause multiple
games to be cancelled.
Polypropylene (PP),
polyethylene (PE), and nylon are the primary basic materials utilized in the
production of artificial turf. Raw material suppliers provide these for further
processing into yarn. Several market sellers have opted into fixed-cost contracts
with suppliers in order to minimize their overall costs. This is mostly due to
the fact that providers in the artificial grass industry also serve as
suppliers to a variety of other industries, providing them with significant
bargaining leverage when it comes to artificial turfs.
The eco-friendliness of
artificial turfs expands their usage in sports fields and landscaping.
Artificial turfs outperform real grass owing to features such as periodic
recycling, low electricity usage, and less pollution because pesticides and
fertilizers are not required. According to the Electric Power Research
Institute, water distribution consumes about 3% of a country's energy. This
results in 56 billion kilowatt hours of energy and 45 million tons of
greenhouse gas emissions. As a result, using synthetic turf cuts greenhouse gas
emissions significantly. Furthermore, soil pollution is reduced because
pesticides and fertilizers are used sparingly in artificial turfs.
In terms of value, North
America and Europe accounted for more than 70% of the worldwide artificial turf
business. This is due to the growing popularity of artificial turf in sports
stadiums and landscaping. Furthermore, European sports associations have
supported the usage of artificial turf playing grounds owing to the low risk of
player injury. Owing to its growing demand in sports stadiums and the region’s
water crisis, the artificial turf market in Asia-Pacific is expected to grow at
the fastest rate. For the Gwangju, Universiade in South Korea, CCGrass constructed
six artificial grass football pitches, all of which received the highest FIFA
field certification.
Browse over xx market data
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The artificial turf market is
segmented based on material, installation, application, infill material, and
distribution channel. Based on material, the market is segmented into
polyethylene, polypropylene, and nylon. The market is further bifurcated into
flooring and wall cladding based on installation. Based on application, the
market is segmented into residential, commercial, and sports. Based on infill
material, the market is segmented into plant, petroleum, and sand. Based on
distribution channels, the market is fragmented into offline and online. The
market analysis also studies the regional segmentation to devise regional
market segmentation, divided among Asia-Pacific, North America, Europe, Middle
East & Africa, and South America.
Key market players in the artificial
turf market include:
- Shaw Industries
Group, Inc.
- CCGrass
- Sport Group
- Tarkett
- TenCate Grass
- SYNLawn
- Victoria PLC
- Act Global
- Tiger Turf
- Matrix Turf.
For the 28th Southeast Asian
Games, the Singapore Sports Hub presented a portion of its brand-new pitch at
the National Stadium. Since, three years an Australian business called HG
Sports Turf was the exclusive supplier of the Eclipse Stabilised Turf for the
National Stadium. The turf technique blends natural and artificial grass and
has a lifespan of around 15 years. The market is predicted to increase
significantly over the forecast period due to constant evolution and rising
demand.
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"Using
eco-friendly artificial turf products is a significant trend expected to impact
growth over the forecast period. Rising participation in sports, increasing
construction activities, growing adaptability in various weather conditions,
long-term cost effectiveness and changing lifestyle are the leading factors
that will positively impact the artificial turf market during the forecast
period.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based global management consulting firm.
Artificial Turf Market – Global Industry Size, Share, Trends,
Opportunity, and Forecast, 2018-2028, Segmented By Material (Polyethylene,
Polypropylene, Nylon), By Installation (Flooring, Wall Cladding), By
Application (Residential, Commercial, Sports), By Infill Material (Plant,
Petroleum, Sand), By Distribution Channel (Offline, Online)), By Region,
Competition, has evaluated the future growth potential of artificial
turf products and provides statistics and information on
market structure, size, share, and future growth. The report is intended to
provide cutting-edge market intelligence and help decision-makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities present
in artificial turf products globally.
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