Artificial Turf Market: Projected CAGR of 6.1% and Surging US$ 5.2 billion Sales in the Coming Years 2030

 

The artificial turf market has experienced significant growth and transformation in recent years. Artificial turf, also known as synthetic grass or fake grass, has become a popular alternative to natural grass for various applications, including residential lawns, sports fields, and landscaping projects. This surge in demand can be attributed to its low maintenance requirements, durability, and aesthetic appeal. Moreover, the increasing awareness of water conservation and environmental sustainability has fueled the adoption of artificial turf, as it requires no watering and reduces the need for harmful pesticides and fertilizers. As a result, the artificial turf market is expected to continue expanding, driven by evolving technologies and a growing emphasis on sustainability in landscaping and sports surfaces. This market introduction sets the stage for exploring the various facets of this dynamic industry.

Artificial Turf Market accounted for US$ 2.9 billion in 2020 and is estimated to be US$ 5.2 billion by 2030 and is anticipated to register a CAGR of 6.1%.

Key Market Insights from the report:

  • By Material- Global Artificial Turf Market is segmented into Polyethylene, Polypropylene, and Polyamides (Nylon).
  • By Application- Global Artificial Turf Market is segmented into Contact Sport, Leisure & Landscaping, and Others.
  • By Region- the Global Artificial Turf Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

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Competitive Landscape:

The key players operating the global Artificial Turf market involves,

  • Sport Group
  • Victoria PLC (Avalon Grass)
  • FieldTurf, CoCreation Grass Corporation
  • Global Syn-Turf, Inc.
  • ForestGrass
  • Controlled Products
  • LLC (GrassTex)
  • Synlawn Artificial Grass
  • The Dow Chemical Company (DOW)
  • TigerTurf, and Challenger Industries Inc.

Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, For instance, in 2015, CCGrass has installed six artificial grass football pitches for the Gwangju 2015 Universiade in South Korea. All of them have gained the highest FIFA field certification.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Key evolving technologies in this market include:

  • Advanced Materials: The development of new materials, such as polyethylene and polypropylene, has significantly improved the durability and appearance of artificial turf. These materials are resistant to UV radiation and offer a more natural look and feel.
  • Fiber Technology: Evolving fiber technologies have led to the creation of longer, softer, and more realistic-looking artificial grass blades. These fibers are designed to mimic the characteristics of natural grass, providing better traction and reducing abrasion during sports activities.
  • Cooling and Heat-Reduction Technologies: To address the issue of synthetic turf getting too hot in direct sunlight, innovative cooling technologies have been introduced. These technologies incorporate reflective coatings and advanced infill materials that reduce surface temperatures and make artificial turf more comfortable to play or walk on, even in warm climates.
  • Environmentally-Friendly Infills: Traditional infill materials like crumb rubber have faced environmental concerns. Evolving technologies have led to the development of more eco-friendly infill options, such as coconut husk and cork, which offer improved drainage, reduced odors, and a safer playing surface.
  • Smart Turf Systems: Artificial turf is increasingly being integrated with technology to monitor and manage playing surfaces. These smart turf systems use sensors and data analytics to assess field conditions, monitor player performance, and even prevent overuse and damage to the turf. This technology helps optimize maintenance and prolong the lifespan of artificial turf.

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