$4.45 Billion Artificial Grass Market by Installation, Fiber Base Material, Application, Infill Material and Region - Global Forecast to 2022
DUBLIN, April 25, 2018 /PRNewswire/ --
The "Artificial Grass Market by Installation (Flooring, Wall Cladding), Fiber Base Material (Polyethylene, Polypropylene, Nylon), Application (Contact Sports, Non-contact Sports, Leisure, Landscaping), Infill Material and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The artificial grass market is estimated to be valued at USD 3.20 Billion in 2017 and is projected to reach USD 4.45 Billion by 2022, at a CAGR of 6.8% during the forecast period.
The market is driven by factors such as increased applications in the landscaping segment, recycling of artificial grass pitches, and development of different solutions for producing infill materials and yarn technology.
Based on installation, the market has been segmented into flooring and wall cladding. 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 market has been segmented into polyethylene, polypropylene, and nylon. 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 artificial grass market has been segmented into contact sports, non-contact sports, landscaping, and leisure. 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.
Europe is estimated to occupy the largest share of the global artificial grass market, in terms of value, in 2017, owing to the mature artificial grass industry and the presence of major companies such as Tarkett (France), SportGroup (Germany), Victoria PLC (UK), and SIS Pitches (UK).
The increase in research & development activities for artificial grass due to safety concerns of sports players, government support for the maintenance of artificial grass facilities, and infrastructure to promote sports activities, mainly football, is expected to drive the artificial grass market in this region during the forecast period. In the Asia Pacific region, India is projected to be the fastest-growing market during the forecast period.
The growing trend of landscaping, growing investment by key stakeholders, and government support for infrastructure upgradation, mainly hockey, is expected to drive the artificial grass market in India. Key players in Europe and the US are expected to focus on the untapped opportunities in the artificial grass market in countries such as India and China, owing to which Asia Pacific is expected to witness high growth in the coming years.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Artificial Grass Market
4.2 Artificial Grass Market, By Region
4.3 Europe: Artificial Grass Market, By Installation & Country
4.4 Artificial Grass Market, By Application & Region
4.5 Artificial Grass Market Share: Key Countries
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand From Sports Venues
5.2.1.2 Increase in the Number of Stadiums Using Artificial Turf
5.2.1.3 Cost Advantages of Artificial Grass
5.2.2 Restraints
5.2.2.1 Health and Environmental Impact of Artificial Grass
5.2.3 Opportunities
5.2.3.1 Opportunities in Developing Countries and Countries With Harsh Climate
5.2.3.2 R&D Activities and Advancements in Technology
5.2.4 Challenges
5.2.4.1 High Field Temperatures Associated With Artificial Grass
5.3 Regulations
5.3.1 Introduction
5.3.2 Fedration Internationale De Football Association (FIFA)
5.3.3 World Rugby
5.3.4 The International Tennis Federation (ITF)
5.3.5 International Hockey Federation (FIH)
6 Artificial Grass Market, By Installation
6.1 Introduction
6.2 Wall Cladding
6.3 Flooring
7 Artificial Grass Market, By Application
7.1 Introduction
7.2 Contact Sports
7.2.1 Football
7.2.2 Rugby
7.2.3 Hockey
7.2.4 Other Contact Sports
7.3 Non-Contact Sports
7.3.1 Tennis
7.3.2 Golf
7.3.3 Other Non-Contact Sports
7.4 Leisure
7.5 Landscaping
8 Artificial Grass Market, By Fiber Base Material
8.1 Introduction
8.2 Polyethylene
8.3 Polypropylene
8.4 Nylon
9 Artificial Grass Market, By Infill Material
9.1 Introduction
9.2 Petroleum-Based Infills
9.2.1 Styrene-Butadiene Rubber (SBR)
9.2.2 Ethylene Propylene Diene Monomer (EPDM)
9.2.3 Thermoplastic Elastomers (TPE)
9.2.4 Others (Acrylic/Polymer Coated Sand, and Post-Industrial Product Grinds)
9.3 Sand Infill
9.4 Plant-Based Infills
10 Artificial Grass Market, By Region
11 Competitive Landscape
11.1 Overview
11.2 Market Ranking
11.3 Competitive Scenario
11.3.1 Expansions & Investments
11.3.2 Mergers & Acquisitions
11.3.3 New Product Launches
12 Company Profiles
12.1 Introduction
12.2 Dowdupont
12.3 Tarkett
12.4 Shaw Industries
12.5 Victoria PLC
12.6 Controlled Products
12.7 ACT Global
12.8 Sport Group
12.9 Tigerturf
12.10 SIS Pitches
12.11 Matrix Turf
12.12 Nurteks Hali
12.13 Soccer Grass
12.14 Limonta
12.15 Sportlink
12.16 El Espartano
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