The Worldwide Market for Grass - Forecast to 2022: Analysis by Installation, Fiber Base Material, Application, Infill Material and Region - ResearchAndMarkets.com
Based on installation, the flooring segment dominated the market in terms of both value and volume in 2016. Rising popularity and acceptance of synthetic sports fields for indoor as well as outdoor sports, along with extended applications in landscaping are the key factors that drive the flooring segment in the artificial grass market. In developed countries, the backing of advanced technologies with regard to product development and sports infrastructure development has fueled the demand for artificial grass.
Based on fiber base material, the polyethylene segment is estimated to account for the largest share of the artificial grass market in 2017. It is widely preferred by various artificial grass manufacturers due to due to its durability, softness, and resiliency, which is required for technically demanding contact sports pitches.
Based on application, the contact sports segment is estimated to be the largest segment in 2017 and this trend is expected to continue through the forecast period owing to factors such as the increase in number of football pitches across the world, increase in investments in hockey in countries such as India, and growth in popularity of American football in the US.
DriversGrowing Demand From Sports VenuesIncrease in the Number of Stadiums Using Artificial TurfCost Advantages of Artificial Grass
RestraintsHealth and Environmental Impact of Artificial Grass
OpportunitiesOpportunities in Developing Countries and Countries With Harsh ClimateR&D Activities and Advancements in Technology
ChallengesHigh Field Temperatures Associated With Artificial Grass
Companies ProfiledACT GlobalControlled ProductsDowDuPontEl EspartanoLimontaMatrix TurfNurteks HaliSIS PitchesShaw IndustriesSoccer GrassSport GroupSportlinkTarkettTigerturfVictoria PLC
For more information about this report visit https://www.researchandmarkets.com/research/b3zmd6/the_worldwide?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181009005509/en/
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SOURCE: Research and Markets
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PUB: 10/09/2018 05:15 AM/DISC: 10/09/2018 05:15 AM