October 21, 2020 21:00 ET | Source: Reports and Data
New York, New York, United States
New York, October 21, 2020 (Global News Agency)-The increasing demand for landscape applications and sports is the main driving force of the artificial turf market.
By 2027, the global artificial turf market is expected to reach 4.2 billion U.S. dollars. Due to less water and chemicals, low maintenance costs, no need for irrigation, and weather resistance, the market is driven by the increasing demand for artificial turf for sports facilities. The environmentally friendly quality of artificial turf, coupled with the increase in disposable income, is expected to increase in different developing countries Demand for artificial turf. The application of artificial turf in the leisure and landscape sense is expected to provide key incentives for industry participants to gain a foothold in the industry.
With the rise of globalization, the growth of the construction industry is becoming a key factor conducive to the market. The artificial turf market has recorded demand from homes, sports fields, stadiums and commercial gardens in construction projects.
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The marketing strategies adopted by industry participants include manufacturing high-quality artificial turf recognized by ITF, FIFA, FIH, etc. , Partnerships, diversified brands, investment, mergers and acquisitions, and research and development.
The further main findings of the report indicate
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Market segments covered by the report:
In this report, the report and data subdivide the global artificial turf industry report according to installation type, base material, application, filling material, pile height and the region of this study:
Installation type outlook (revenue, billion US dollars; 2019-2027)
Basic materials outlook (revenue, billion US dollars; 2017-2027)
Application outlook (revenue, billion US dollars; 2017-2027)
Filling materials outlook (revenue, billion US dollars; 2017-2027)
Pile height outlook (revenue, billion US dollars; 2017-2027)
To identify the main trends in the industry, please click on the following link: https://www.reportsanddata.com/report-detail/artificial-turf-market
Regional outlook (revenue, billion US dollars; 2017-2027)
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