DUBLIN, April 29, 2022 /PRNewswire/ — The “Artificial Grass Market – Forecast 2022 to 2027” report has been added to from ResearchAndMarkets.com offer.
The artificial turf market was valued at US$3.111 billion in 2020 and is expected to grow at a CAGR of 7.54% over the forecast period to reach a total market size of US$5.175 billion by 2027.
Artificial grass is made of man-made synthetic fibers that mimic the look of natural grass. These grasses are green in color and come in a variety of pile heights. It is made in the same way as carpet, with a strong backing and machine-stitched strips. Wall covering and flooring are two types of fake grass installation procedures. It is used in a variety of applications including contact and non-contact sports, recreation and landscaping. Polyethylene, polypropylene and nylon are the fiber-based materials used in artificial grass. This grass is made with fillers such as petroleum-based fillers, sand fillers, and herbal fillers.
Manufacturers usually offer artificial grass in different sizes and varieties to meet various consumer demands. In June 2020for example, Synlawn Artificial Grass, one of the leading manufacturers and innovators of artificial grass, has launched a product line of the safest and cleanest turf that uses super yarn technology along with various sanitized additives in its material to Avoid grass infection to the user.
Renovation of sports grounds and modernization of facilities have a significant impact on the growth of the artificial turf market. A growing number of high schools, universities, professional sports teams, governments and major hotels are turning to artificial turf for its aesthetics and utility.
In addition, due to the irregular quality of natural grass and weather problems, the installation of artificial grass is on the rise. Artificial grass is low maintenance and retains its color and durability for many years. For a more authentic feel, most artificial turfs today have a brown thatch that mimics the look of dead grass. With current technology, artificial grass has come a long way in terms of resemblance to natural grass.
However, artificial turf recycling issues and geographic challenges are expected to remain a major challenge in its widespread adoption.
The European artificial turf market will witness rapid growth during the forecast period. The region includes a significant number of sports fields and is experiencing a shift in preference from natural grass to synthetic grass, including the growing popularity of outdoor sports. The growing use of this herb in residential and commercial buildings will also accelerate its demand over the next six years.
the Asia Pacific The artificial turf market is expected to grow due to the increase in construction activities and increase in investments from foreign multinational companies. The booming tourism and hospitality sectors are also driving the deployment of artificial turf for commercial purposes. Additionally, an increasing number of commercial playground buildings and rapid urbanization are expected to aid in the expansion of the market.
Increase outdoor activities:
The increasing participation of children and adults in various sporting activities increases the need for sports club buildings and hence the growing need for sod patches. According to the State of the Industry report published by the Sports & Fitness Industry Association, 229.7 million people in United States were active in 2020, with a participation rate of 75.6%. This is an increase from 2019, when 221.6 million people were engaged at a rate of 73.2%. The artificial turf industry is expected to grow rapidly due to low maintenance requirements and growing demand for artificial turf from sports and residential sectors.
Strict government rules and regulations:
Strict restrictions in many countries regulating the use of infill materials used in artificial grass are hampering the expansion of the market. For example, the European Chemicals Agency (ECHA) has recommended the European Union (EU) a six-year transition period to ban synthetic granules used as filler in artificial turf. This is expected to stifle market expansion in a number of European countries. Artificial grass does not burn, but due to its high surface temperature, it melts easily if exposed to reflected sunlight from a window or if something hot, such as charcoal, is dropped on it. In addition, challenges such as volatility in raw material costs for the production of artificial turf and high cost of the product are expected to restrain the expansion of the market.
Impact of COVID-19 on the Artificial Grass market
The economic impact of COVID-19 is undeniably severe. He had an influence on all industries. Covid-19 is having a detrimental impact on the artificial turf market. There has been a decrease in outdoor activities due to the lockdown, which has reduced the demand for artificial turf. In addition, the disruption of end-user sector operations has indirectly reduced the demand for artificial turf. Nevertheless, the ease of lockdown, growing number of construction projects, and increasing usage in residential and commercial sectors are expected to drive the artificial grass market over the next few years.
Main topics covered:
2. Research methodology
3. Executive Summary
4. Market dynamics
4.1. Market factors
4.2. Market constraints
4.3. Analysis of the five forces of carriers
4.3.1. Bargaining power of end users
4.3.2. The bargaining power of buyers
4.3.3. The threat of new entrants
4.3.4. The threat of substitutes
4.3.5. Competitive rivalry in the industry
4.4. Industry Value Chain Analysis
5. Artificial Grass Market Analysis, By Fiber Base Material
6. Artificial Grass Market Analysis, By Application
7. Artificial Turf Market Analysis, By Geography
7.2. North America
7.2.1. UNITED STATES
7.3. South America
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. United Arab Emirates
7.5.3. South Africa
7.6. Asia Pacific
7.6.4. South Korea
8. Competitive environment and analysis
8.1. Key Players and Strategic Analysis
8.2. Emerging players and market profitability
8.3. Mergers, acquisitions, agreements and collaborations
8.4. Supplier Competitiveness Matrix
9. Company Profiles
9.2. SmartGrass, LLC
9.3. Celestial Greens
9.4. Du Pont
9.5. Matrix grass
9.7. Limonta Sport SpA.
9.8. Sports group
9.9. Tarkett Group
9.10. Tencate Grass
9.11. SIS locations
9.12. CC Grass
For more information about this report visit https://www.researchandmarkets.com/r/wxr0t7
Research and Markets
For EST office hours, call +1-917-300-0470
For USA/CAN call toll free +1-800-526-8630
For GMT office hours call +353-1-416-8900
US Fax: 646-607-1907
Fax (outside the US): +353-1-481-1716
SOURCE Research and Markets