Artificial Turf Market By Material (Polyethylene, Polypropylene, And Polyamides), Application (Contact Sport, Leisure & Landscaping, And Others) - Global Forecast 2020 To 2025

Report Code: CMR 66364 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

The Artificial Turf Market is forecast to reach $7 billion by 2025, growing at a CAGR of 6.84% during 2020-2025. The boom in the demand for landscaping and water savings have significantly increased the demand for artificial turfs in the market. The multiple trends such as cooler temperatures, potential urban wildlife habitat, healthy soils that can sequester carbon, stormwater infiltration, and much lower installation costs are fueling market growth. The report covers Artificial Turf Market size by material and applications, Artificial Turf Market share by top 5 companies and also the market share by start-ups during the forecast period.

Report Coverage

The report: “Artificial Turf Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Artificial Turf Market.


Key Takeaways

  • Europe dominates the Artificial Turf market owing to increasing demand from applications such as contact sports and landscaping.
  • The contact sports segment held the major share in the application segment. The high demand is attributed to lower installation costs and newer generation materials being used in the market.
  • By material, polyethylene and nylon are the major segments.

By Material - Segment Analysis

Artificial turf is manufactured from yarn made up of two types of polymers: Polyolefin, comprising polyethylene and polypropylene. Polyamide, also known as nylons. Polyethylenes are the major segment in the market. Using synthetic turf and synthetic fibers has also helped environmentally conscientious builders and specifiers with Leadership in Energy and Environmental Design (LEED) project certification from the US Green Building Council. It helps builders in the areas of water-efficient landscaping, recycled content, rapidly renewable material and innovation in design.

Fibers for synthetic grass were usually one of two forms, monofilaments or slit-film tape. Monofilament fibers are single strands while slit-film fibers are cut from sheets of polymers to a predetermined width and later perforated by design. But the durability and quality of the turf are not merely dependent on the fibers. It also has a lot to do with the turf construction, face weight, and infill choice and amount.

Artificial grass also eliminates the need for any kind of pesticides or fertilizers thus reducing the amount of chemicals that make their way into the water table. It eliminates the need for any lawn maintenance equipment thus reducing the dangerous emissions, a key ingredient of smog. With rapid leaps in materials and technology we have finally been able to begin mimicking natural grass in touch and comfort. There are now upwards of 8000 artificial turf fields in the US and thousands of homes, institutions, businesses and municipalities that are using artificial turf in landscaping.

By Application - Segment Analysis

The use of artificial turf around the world has grown rapidly from being used just for sports. Its use in homes, for decorative purposes or in landscaping, has seen a huge leap over the years, as is apparent from the figures. Rapidly improving quality of synthetic grass has been one of the biggest contributors to sports in the recent years. The collapse of the housing market has not affected the synthetic grass industry. More and more people are adopting the use of artificial turf in homes, businesses and institutions. The fact that it requires little to no water, very little maintenance and longevity (it can last for 15-20 years), and thus is cost-effective in the long run has worked vastly in the market’s favor.

Geography - Segment Analysis

Europe dominated the artificial Turf market with a share of more than 35%, followed by North America and APAC. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, but with growing foreign direct investment for economic development of South East Asia, the current scenario is changing. The demand for synthetic turf has been on the up and up all over the world. Europe and Asia present two of the biggest markets albeit accreditation for synthetic grass manufacturers outside of Europe and the US is difficult. But this in no way has dulled the desire of people to have their very own synthetic lawn. Aesthetically pleasing use of synthetic grass can add up to 15% to the home property values. Having started out for sporting purposes, almost one-third of the synthetic grass market around the world now caters to landscape and recreational uses.

Drivers – Artificial Turf Market

·         Rising sport investment

Rapid growth of technology has helped synthetic grass yarn grow with leaps and bounds making it more acceptable in sports and homes alike. Primary stakeholders of this technology like FIFA and UEFA Champions League have taken great interest in it, giving it a much-needed boost. Stronger fibers which are more environmentally friendly, sustainable and yet high-performance solutions are being developed as well.

·         Growing demand for Water Saving & Waste Elimination

The total amount of synthetic turf installed in North America manages to save more than 3 billion gallons of water. But water conservation is not the only benefit. Crumb rubber, manufactured from recycled tires, is now used as infill for synthetic grass; this has caused over a 100 million used tires to stay out of landfills.

·         Growing demand from landscaping and leisure

With more and more areas across the globe being affected by drought maintaining a lush lawn has become an expensive affair. Also, the rising awareness of environmental degradation has led people to reduce the use of chemical-based fertilizers and pesticides. With designers and architects continuously finding different ways to use synthetic grass, it has managed to find its way in everyone’s life. Many have found uses for it in the form of wallpaper, or head-rests for beds, among other things. Manufacturers have also found ways to weave in fiber optics into synthetic turf, essentially converting synthetic playing fields into huge jumbotrons.

Challenges – Artificial Turf Market

·         Volatile raw material prices

In the second half of 2018, the oil market exhibited high volatility not only in terms of price levels but also time spreads and quality spreads. After reaching highs of $81/b and $71/b in October, monthly Brent and WTI prices ended the year in December at $57/b and $49/b respectively. At the same time, time spreads switched from backwardation to contango, as inventories rose above their 5-year average and the prospects for global demand worsened amid supplies increasing. The spreads between light sweet-medium sour crude also exhibited wide volatility, with the Brent-Dubai and WTI-Dubai spreads collapsing signaling a shortage of heavier sour crude globally.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Artificial Turf market. In 2018, the top five players accounted for xx% of the share. Major players in the Artificial Turf Market are Victoria PLC (Avalon Grass), Sportfield Deutschland Holding GmbH (AstroTurf), CoCreation Grass Corporation, FieldTurf, Global Syn-Turf, Inc., Controlled Products, LLC (GrassTex), ForestGrass, Synlawn Artificial Grass, The Dow Chemical Company (DOW), and TigerTurf, among others. 

1. Artificial Turf Market - Overview
        1.1 Definitions and Scope
2. Artificial Turf Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Artificial Turf Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Artificial Turf Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Artificial Turf Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Artificial Turf Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Artificial Turf Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Artificial Turf Market - By Product (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Artificial Turf Market - By Material (Market Size -$Million / $Billion)
9.1 Polyethylene
9.2 Polypropylene
9.3 Polyamide
10. Artificial Turf - By Application Type (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Contact Sport
            10.3.2 Leisure And Landscaping
11. Artificial Turf- By Geography (Market Size -$Million / $Billion)
        11.1 Artificial Turf Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Artificial Turf- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Artificial Turf- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Artificial Turf - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Artificial Turf - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Artificial Turf Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Artificial Turf Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Artificial Turf Market - Key Company List by Country Premium
15. Artificial Turf Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Cocreation Grass Corporation
        15.3 Controlled Products, Llc
        15.4 Fieldturf
        15.5 Forestgrass
        15.6 Sportfield Deutschland Holding Gmbh
        15.7 Syn-Turf, Inc
        15.8 Synlawn Artificial Grass
        15.9 The Dow Chemical Company
        15.10 Tigerturf
        15.11 Victoria Plc
        15.12 Company 12
        15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. Artificial Turf Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Artificial Turf Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Artificial Turf Market, By Material Market 2019-2024 ($M)
1.1 Polyethylene Market 2019-2024 ($M) - Global Industry Research
1.2 Polypropylene Market 2019-2024 ($M) - Global Industry Research
1.3 Polyamide Market 2019-2024 ($M) - Global Industry Research
2.Global Artificial Turf Market, By Material Market 2019-2024 (Volume/Units)
2.1 Polyethylene Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Polypropylene Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 Polyamide Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Artificial Turf Market, By Material Market 2019-2024 ($M)
3.1 Polyethylene Market 2019-2024 ($M) - Regional Industry Research
3.2 Polypropylene Market 2019-2024 ($M) - Regional Industry Research
3.3 Polyamide Market 2019-2024 ($M) - Regional Industry Research
4.South America Artificial Turf Market, By Material Market 2019-2024 ($M)
4.1 Polyethylene Market 2019-2024 ($M) - Regional Industry Research
4.2 Polypropylene Market 2019-2024 ($M) - Regional Industry Research
4.3 Polyamide Market 2019-2024 ($M) - Regional Industry Research
5.Europe Artificial Turf Market, By Material Market 2019-2024 ($M)
5.1 Polyethylene Market 2019-2024 ($M) - Regional Industry Research
5.2 Polypropylene Market 2019-2024 ($M) - Regional Industry Research
5.3 Polyamide Market 2019-2024 ($M) - Regional Industry Research
6.APAC Artificial Turf Market, By Material Market 2019-2024 ($M)
6.1 Polyethylene Market 2019-2024 ($M) - Regional Industry Research
6.2 Polypropylene Market 2019-2024 ($M) - Regional Industry Research
6.3 Polyamide Market 2019-2024 ($M) - Regional Industry Research
7.MENA Artificial Turf Market, By Material Market 2019-2024 ($M)
7.1 Polyethylene Market 2019-2024 ($M) - Regional Industry Research
7.2 Polypropylene Market 2019-2024 ($M) - Regional Industry Research
7.3 Polyamide Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Artificial Turf Market Revenue, 2019-2024 ($M)
2.Canada Artificial Turf Market Revenue, 2019-2024 ($M)
3.Mexico Artificial Turf Market Revenue, 2019-2024 ($M)
4.Brazil Artificial Turf Market Revenue, 2019-2024 ($M)
5.Argentina Artificial Turf Market Revenue, 2019-2024 ($M)
6.Peru Artificial Turf Market Revenue, 2019-2024 ($M)
7.Colombia Artificial Turf Market Revenue, 2019-2024 ($M)
8.Chile Artificial Turf Market Revenue, 2019-2024 ($M)
9.Rest of South America Artificial Turf Market Revenue, 2019-2024 ($M)
10.UK Artificial Turf Market Revenue, 2019-2024 ($M)
11.Germany Artificial Turf Market Revenue, 2019-2024 ($M)
12.France Artificial Turf Market Revenue, 2019-2024 ($M)
13.Italy Artificial Turf Market Revenue, 2019-2024 ($M)
14.Spain Artificial Turf Market Revenue, 2019-2024 ($M)
15.Rest of Europe Artificial Turf Market Revenue, 2019-2024 ($M)
16.China Artificial Turf Market Revenue, 2019-2024 ($M)
17.India Artificial Turf Market Revenue, 2019-2024 ($M)
18.Japan Artificial Turf Market Revenue, 2019-2024 ($M)
19.South Korea Artificial Turf Market Revenue, 2019-2024 ($M)
20.South Africa Artificial Turf Market Revenue, 2019-2024 ($M)
21.North America Artificial Turf By Application
22.South America Artificial Turf By Application
23.Europe Artificial Turf By Application
24.APAC Artificial Turf By Application
25.MENA Artificial Turf By Application
26.Victoria Plc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Sportfield Deutschland Holding Gmbh, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Cocreation Grass Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Fieldturf, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Syn-Turf, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Controlled Products, Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Forestgrass, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Synlawn Artificial Grass, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.The Dow Chemical Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Tigerturf, Sales /Revenue, 2015-2018 ($Mn/$Bn)