MarketResearch.biz delivers in-depth insights on the global turf protection market in its upcoming report titled, “Global Turf Protection Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global turf protection market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global turf protection market report has been segmented on the solution, product and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analysed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Turf is a layer of matted earth which is formed by plant roots and grass. Maintaining a lawn is extremely difficult and hence, it needs turf protection to prevent losses caused due to the attacks of weeds, and pests.
Increasing demand for turf from sports sector is expected to drive growth of the global turf protection market over the forecast period. In addition, increasing demand for turf in commercial and residential properties is turn expected to create demand for turf protection products thereby, driving growth of the target market over the forecast period. Adoption of integrated pest management in the turf is another factor expected to boost growth of the market over the forecast period.
Rising demand for bio based products is other factor expected to propel demand for global turf protection market over the forecast period.
However, high cost associated with the development new and innovative products is expected to hamper growth of the market over the forecast period. In addition, preference towards use of artificial turf, owing to the low maintenance cost is another factor expected to hamper growth of global turf protection market over the forecast period.
North America market dominates the global turf protection market in terms of revenue contribution as compared to that of markets in other regions. Increasing number of sport fields in the region and significant presence of players operating in the market are major factors expected to drive growth of the region over the forecast period. In addition, US accounts major revenue share in the region and is expected to witness rapid growth rate over the forecast period.
Europe accounts for second-largest revenue share contribution to the global turf protection market, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively. The market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years. Rapidly growing sports fields in countries such as India, China, Australia is expected to create demand for turf protection products, thereby driving growth of target market in the region.
Global turf protection market segmentation, by solution:
Global turf protection market segmentation, by product:
- Stress Protection
- Pest Protection
Global turf protection market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- The DOW Chemical Company
- Syngenta AG
- Epicore Bionetworks Inc.
- The Andersons Inc.
- ECO Sustainable Solutions Ltd.
- Lucerne Biotech U.K. Ltd.
- Soil Technologies Corporation
- Corebiologic, LLC
- Nuturf Pty. Ltd.
- Backyard Organics, LLC
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