Artificial Turf Market Share | Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2021 to 2027
Market Overview:
The global artificial turf
market share has been segmented by raw material, installation type, infill
material, application, and region.
Based on raw material, the
global artificial turf market has been segmented into polyethylene,
polypropylene, nylon, and others. Among them, the polyethylene segment held the
largest market share in 2017 due to its widescale preference for technically
demanding sports applications on account of its softness, and durability, and
resiliency.
On the basis of installation
type, the global Artificial Turf Market Share has
been categorized into flooring and wall cladding. The flooring segment
accounted for a larger market share in 2017 due to the rising popularity of
artificial turfs in sports fields, playgrounds, residential lawns, terrace
gardens, and commercial lawns, among others.
Based on infill material, the
global artificial turf market has been segregated into petroleum based infills,
sand based infills, and others. Petroleum based infill material segment
dominate the global artificial turf market under infill material category in
2017, owing to its guaranteed performance characteristics such as proper fiber
support, energy restitution, enhanced shock absorption characteristics, proper
drainage, and excellent weather resistance, which is a necessary requirement in
formal sports fields.
Based on application, the global
artificial turf market has been segmented into sports field, residential
landscape, non-residential landscape, and commercial landscape. Among them, the
sports field segment held the larger market share in 2017, in terms of both
value and volume, due to the increasing investment in sports across the globe.
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Regional Analysis
The global artificial turf
market Share has been studied with respect to five regions, namely,
Asia-Pacific, North America, Europe, Latin America, and the Middle East &
Africa. Europe held the largest market share in 2017, followed by
Asia-Pacifc, which is further trailed by North America. The Middle East & Africa
market is likely to show high growth during the forecast period. Latin America
market is expected to experience increasing demand for artificial turf during
the forecast period.
Competitive Analysis
Some of the key players
operating in the global artificial turf market share are Altius Sports &
Leisure Pvt. Ltd (India), GreenFields BV (The Netherlands), DowDuPont (US),
Tarkett (France), Shaw Sports Turf (US), Victoria PLC (UK), Controlled Products
LLC (US), Act Global (US), Sport Group (UK), Matrix Turf (US), TenCate Grass
(The Netherlands), Soccer Grass (Brazil), SIS Pitches (England), and Limonta
Sport SpA (Italy).
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