Real Estate, Mortgage News

Real Estate News and Press Release Distribution Services
Submit Press Release | Submit RSS Feed | About US | Contact Us

Home | Real Estate News | Mortgage Rates
Unlimited Press Release Distribution
Press release distribution service


News Media
CNN Money
Costar Group
Inman News


Los Angeles Times


National Real Estate Investor
Mortgage News Daily
New York Times
Realtor Magazine
RISMedia
Wall Street Journal
Yahoo Finance
Zawya
RSS News Feed
Get your news feed listed here as other news media shown below! Submit RSS News Feed

Mercury News
New York Post

Real Estate News Releases

Artificial Turf Market Size: 2024, Business Trends, Rising Regional Demand and Industry Competitors

 



(EstateNewsWire.com, January 19, 2024 ) The report "Artificial Turf Market by Material Type (Nylon, Polypropylene, Polyethylene), Filament Type (Monofilament, Multi-Filament), End-Use Industry (Building & Construction, Automotive, Artificial Grass), and Region - Global Forecast to 2028", is estimated at USD 76.6 billion in 2022 and is projected to reach USD 114.3 billion by 2028, at a CAGR of 6.5% from 2023 to 2028. The growing demand for artificial turf in a variety of end-use industries, such as building & construction, automotive, artificial grass, is the main driver of this market expansion.

Browse in-depth TOC on "Artificial Turf Market”

156 - Market Data Tables

47 - Figures

196 - Pages

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=121486580

Artificial Turf Market Key Players Analysis
Prominent companies in the artificial turf market include DuPont (US), FieldTurf (Canada),Shaw Industries Group, Inc. (US), ACT Global (US), TigerTurf (US), Mohawk Industries, Inc. (US), Tarkett (France), Lowe’s Companies, Inc. (US), Interface, Inc. (US), Dixie Group, Inc. (US), Oriental Weavers (Egypt), Tai Ping Carpets International Limited (Hong Kong), Victoria PLC (UK), The Home Depot, Inc, (US).

Shaw Industries Group Inc. (US)

Shaw Industries Group, Inc. is the largest carpet manufacturer globally. The company’s product portfolio includes carpet, hardwood, laminate, tile, and stone flooring products and synthetic grass for the residential and commercial markets worldwide. Shaw Sports Turf is a part of Shaw Industries. Shaw is a Berkshire-Hathaway company, and Shaw Sports Turf is the largest American-owned and American-made synthetic turf company in the world. The company provides artificial grass under through the Specialty Markets segment. The company operates in the synthetic turf business through Sports Turf, Southwest Greens International LLC, and Watershed Geosynthetics LLC, which provide synthetic sports turf and landscape turf products.

Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=121486580

Polypropylene to register the highest CAGR during the forecast period, in terms of both value and volume.

Polypropylene, a by-product of gasoline refining, continues to gain market share in the artificial grass market, due to its significantly low cost compared to nylon. It has a low melting point; hence, when used in areas prone to high temperatures, prolonged exposure will cause disfiguration, giving the blades an unnatural look. It provides a soft roll, and hence, is used by many golfers. Its light weight makes it an ideal turf base fiber for indoor use as carpets.

Monofilament is expected to witness the highest CAGR between 2023 to 2028

Monofilament artificial grass is a versatile and visually appealing synthetic turf option characterized by individual, single-strand fibers, typically made from durable polyethylene. Its natural look and feel make it suitable for various applications, including residential landscaping, commercial outdoor spaces, sports fields, playgrounds, golf greens, and pet areas. The material's resistance to UV radiation ensures long-lasting color and durability, making it ideal for high-traffic areas and challenging weather conditions. Monofilament artificial grass offers a low-maintenance alternative to natural lawns while providing a soft and comfortable surface for activities and play. Its adaptability and aesthetic qualities have made it a popular choice for creating lush and realistic green spaces in a wide range of environments.

Don't miss out on business opportunities in Artificial Turf Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=121486580

Asia Pacific account for the largest market share in the global artificial turf market

The Asia Pacific region is projected to be the fastest-growing market for artificial turf, at a CAGR of 7.1% from 2023 to 2028; it accounted for a share of 30.4% in 2022. The application of artificial turf is expected to grow at a faster pace due to the demand from the building & construction, artificial grass industry. China, India, Japan, and South Korea are the major countries covered for the study in this report. The demand for artificial turf in Asia Pacific is largely fulfilled by the import of it from North America and Europe region. Increase in income levels and purchasing power, rise in the middle-class population, and demand for artificial turf from the building & construction industry provide promising prospects for the growth of the artificial turf industry. China holds a significant market in the Asia Pacific region for the artificial turf market.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:

Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com

MarketsandMarkets™

Mr. Aashish Mehra

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com


Real Estate News by Sector
  • Appraiser
  • Consumer News
  • Commercial
  • Mortgage News
  • Property Law
  • REIT News
  • Sales, Marketing
  • Technology

  • Real Estate RSS Marketpalce

    Submit RSS news feed on Real Estate.
    Have your feed on real estate news, products or services displayed under this marketpalce and have your feed on a full page updated daily. Click on example below. Add RSS feed Now!

    EmailWire Real Estate News Releases
    News releases on real estate as posted by businesses, organizations and experts.


    Press release service

    ESTATENewswire is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2009 GroupWeb Media LLC

    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    ESTATENewswire.Com - Newswire and Press Release service of GroupWeb Media LLC