Press Release / Industry / Industry Outlook of Global Artificial Grass Market Forecasted to Achieve an Admirable Growth during 2016-21
Industry Outlook of Global Artificial Grass Market Forecasted to Achieve an Admirable Growth during 2016-21
By MarketResearchHub on January 23 2017 | 580 Views
The market research analyst predicts the global artificial grass market to grow at a CAGR of 12% during the forecast period. The initial cost of installing an artificial grass is high and ranges from
Albany, New York, January 23, 2017: Due to various technological advancements, installation of artificial grass has come a long way. Accordingly, a maximum number of people are converting their natural grass lawns to artificial grass, which makes this industry stronger. The latest report titled “Global Artificial Grass Market Analysis” 2016 to 2021 centering on the global market of artificial grass has been added to the vast archive of Market Research Hub (MRH). With an extensive five-year forecast, the study provides comprehensive information about the market by focusing on several key regions such as Europe, Asia-Pacific, North America, Middle East and Africa. Additionally, competitive landscape section of the report provides a clear insight into the market share analysis of key industry vendors.
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In the starting section, the report briefly describes the overview of the market along with the introduction, key trends, market drivers and the market segmentation overview. The artificial grass turf surface is made of synthetic fibers and the grass consists of filaments threaded into the surface. It is generally used in areas where grass cannot grow, or in those areas where grass maintenance is difficult. Some of the broadly used areas are- sports stadium, fields, public parks and playgrounds. In residential areas, artificial grass proves to serve a variety of purposes for any household. Domed, covered and partly covered stadiums may require artificial turf because of the difficulty of getting grass enough sunlight to stay healthy. The most important benefit of artificial grass is they are maintenance friendly and extremely long lasting. The historical overview of the market describes that third generation of the turf system are most widely used today because it offers infills, a mixture of sand and granules of recycled rubber.
Moreover, the report further carries out an analysis of the factors prompting the supply & demand for artificial grass and the opportunities as well as challenges faced by industry participants. It has been examined by the study that a combination of better manufacturing techniques combined with an increasing awareness of the longer term environmental and economic benefits is driving the market growth. It has been noted that in the coming few years the market will grow significantly.
Lastly, the report also profiles major players operating in the artificial grass market in order to analyze the competitive hierarchy of the market. List of the key players are:
Co Creation Grass (China)
Mondo (USA)
Polytan Group (Germany)
FieldTurf (USA)
Limonta (Spain)
STR Fabrication (USA)
TenCate Group (Netherlands)
Taishan (China)
Nurteks (Turkey)
Qingdao Bellinturf (China)
ACT Global Sports (USA)
AVG (China)
Read Full Report with TOC: http://www.marketresearchhub.com/report/global-artificial-grass-market-outlook-2016-2021-report.html
All of these key players are highlighted in detail with information related to technological developments in recent times and key strategies to stay competitive in the market.
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