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Turf Protection Market Overview:
Turf Protection Market was valued at $24 million in 2020 & is projected to reach $34 million by 2030. It is expected to grow at a 5% CAGR between 2021 and 2030.
The Turf Protection Market 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 Turf Protection Market 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 the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources.
Our analysts have analyzed 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 the future.
Turf is a layer of matted earth that 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 the sports sector is expected to drive the growth of the global turf protection market over the forecast period.
In addition, increasing demand for turf in commercial and residential properties in turn expected to create demand for turf protection products thereby, driving the growth of the target market over the forecast period.
The adoption of integrated pest management in the turf is another factor expected to boost the growth of the market over the forecast period.
The rising demand for bio-based products is another factor expected to propel the demand for the global turf protection market over the forecast period.
However, the high cost associated with the development of new and innovative products is expected to hamper the growth of the market over the forecast period.
In addition, the preference for the use of artificial turf, owing to the low maintenance cost is another factor expected to hamper the growth of the global turf protection market over the forecast period.
The North American market dominates the global turf protection market in terms of revenue contribution as compared to that of markets in other regions.
An increasing number of sports fields in the region and a significant presence of players operating in the market are major factors expected to drive the growth of the region over the forecast period.
In addition, the US accounts major revenue share in the region and is expected to witness a rapid growth rate over the forecast period.
Europe accounts for the 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, and Australia are expected to create demand for turf protection products, thereby driving the growth of the target market in the region.
Global Turf Protection Market Segmentation:
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
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- 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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