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Artificial Turf Market is expected to increase with a CAGR of 5.8% by 2017 – 2027

Increasing Sports Events Across the Globe to Boost Global Artificial Turf Market Growth in the Coming Decade

/EIN News/ -- VALLEY COTTAGE, N.Y. , April 24, 2018 (GLOBE NEWSWIRE) --

According to the recently published report by Future Market Insights titled, “Artificial Turf Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027),” the global artificial turf market is estimated to be valued at US$ 3,803.1 Mn by 2017 end and is expected to expand with a CAGR of 5.8% over the forecast period and reach US$ 6,660.6 Mn by the end of 2027. Globally, the consumption of artificial turfs was pegged at 130.0 (Mn meter sq) in 2016 and is expected to increase with a CAGR of 5.4% over the forecast period and reach approximately 231 (Mn meter sq) by the end of 2027.

Global Artificial Turf Market: Trends

  • Extensive use of artificial grass turfs in various applications
  • Replacement of natural grass with artificial grass at sports venues
  • Low replacement rate
  • Growing popularity of sports events in Western Europe
  • The availability and visibility of different types of products will help in the growth of the artificial turf market
  • Growing installation of artificial grass in MEA region

Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-2063

Global Artificial Turf Market: Forecast by Region

Seven regions of North America, Latin America, Eastern Europe, Western Europe, Japan, APEJ and MEA have been examined for this report. The APEJ region is a key market that accounts for a major share in the global artificial turf market. The market in APEJ is expected to register relatively high CAGR over the forecast period and is expected to represent a high opportunity in the global artificial turf market, owing to growing infrastructure development and rising per capita expenditure. The market in APEJ was valued at US$ 1,162.2 Mn during 2017 and is expected to reach a value of US$ 2,454.9 Mn by 2027 end. The APEJ market for artificial turfs is expected to dominate the global artificial turf market during the forecast period.

Global Artificial Turf Market: Forecast by Infill Materials

On the basis of infill materials, the global market for artificial turf is segmented into rubber, sand, rubber & sand and others. Rubber & Sand segment is anticipated to dominate the global artificial turf market in terms of revenue in 2016 and the trend is projected to continue throughout the forecast period. The segment is expected to represent market attractiveness index of 3.1 over the forecast period. Rubber segment is expected to represent market attractiveness index of 0.8. The others segment is expected to remain least attractive in the global market in terms of revenue during the forecast period.

Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you https://www.futuremarketinsights.com/askus/rep-gb-2063

Global Artificial Turf Market: Forecast by Application

On the basis of applications, the global artificial turf market is segmented into contact sports, non-contact sports, leisure, and landscaping. Among application segments, the contact sports segment is expected to drive the market and account for a major share of the artificial turf market over the forecast period. 

View Report Preview at Artificial Turf Market Segmentation By Infill Materials - Rubber, Sand and Others; By Application - Contact Sports, Non-Contact Sports, Leisure, Landscaping: https://www.futuremarketinsights.com/reports/artificial-turf-market

Global Artificial Turf Market: Key Players

Some of the key players operating in the global market for artificial turf are Koninklijke Ten Cate N.V., ForeverLawn, Inc., Cocreation Grass Corporation, Challenger Industries, Inc., All Victory Grass (Guangzhou) Co., Ltd., Act Global LIMONTA SPORT S.p.A., AstroTurf, LLC, Fieldturf Inc, SIS Pitches, POLYTAN GMBH, SYNLawn and GardenGrass.

Browse More: Chemicals & Materials Market Insights

More from FMI’s Chemicals & Materials Market Intelligence:

Biobased Biodegradable Plastics Market By Application – Packaging, Fiber, Agriculture and Medical; By Product Type – Polyester, PLA, PHA and Cellulose Biobased Biodegradable Plastics: https://www.futuremarketinsights.com/reports/global-biobased-biodegradable-plastics-market

Membrane Chemicals Market Segmentation By End Use – Wastewater Treatment, Power, Food And Beverage, Desalination, Chemicals, Paper & Pulp; By Product Type – Scale Inhibitors, Coagulants & Flocculants, Biocides, PH Adjusters, Dechlorinants, Other; Landscape – Veolia Water, Nalco, Kemira, GE Water & Process Technologies, BWA Water Additives, Genesys International: https://www.futuremarketinsights.com/reports/membrane-chemicals-market

Low Density Polyethylene (LDPE) Market Segmentation By Application – Film And Sheets, Extrusion Coatings, Injection Moulding; By Technology – Autoclave, Tubular: https://www.futuremarketinsights.com/reports/low-density-polyethylene-market

ABOUT US:

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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Future Market Insights     
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