Turf Protection Market Scope:
Market Research Future estimated that the global turf protection market to reach the maximum valuation and attain a CAGR of 3.4% during the forecast period, 2021-2028. It accounted for USD 5.7 Billion in 2028.
Turf Protection Market Dynamics:
Rapid urbanization, the growth of the tourism sector, progress in infrastructure development, and the growing emphasis on sport are the most important determinants of the growing demand for turf and turf products in various applications. Due to the growing demand and awareness of the importance of turf care and protection, the global turf protection industry is expected to see significant growth over the forecast period. In addition, the introduction of integrated pest control to protect turfs from various biotic and abiotic stresses is driving the growth of the turf protection market.
The promotion of sport and tourism by creating large areas with golf courses and gardens is the most vital factor behind this momentum. Turf protection has reached a professional level in maintaining sports facilities and home landscapes. Therefore, the use of pesticides to eliminate unwanted pests in these environments is desperately needed. However, the general growth prospects for pesticides in grass turf applications are anticipated to sustain the modest growth as their use in smaller quantities is necessary compared to other fields of application.
In addition, the significant investments required in research and development to develop new active principles for turf protection systems in the global turf protection industry are an important factor hindering turf expansion turf protection sector. The global Turf Protection Industry Forecast is facing growth problems due to the lack of consistency in complying with strict regulations against the use of artificial turf protection systems or chemicals.
Major Key Players:
The global New Turf Trends market participants involved in industry related actions include some of renowned key players such as The Andersons Inc., Idemitsu Kosan Co., Ltd., Nuturf Pty. Ltd., Lucerne Biotech UK Ltd., Eco Sustainable Solutions Ltd., Epicore BioNetworks Inc., FMC Corporation, Pure AG, Syngenta AG, Backyard Organics, LLC, Pure AG, CoreBiologic, LLC, Corteva Agriscience, The Andersons Inc., Soil Technologies Corporation, Syngenta AG, and Corteva Agriscience.
What market sectors is the Turf Protection Industry research covering?
The Global Turf Protection Industry is segmented on the basis of Solution, Product Type, Mode of Application, and Geography.
Turf Protection Market Segmental Review:
The global turf protection market is segmented by product type and application. The global turf protection market is classified in the mechanical, chemical, and biological fields by product type. The chemical segment accounted for the largest market share in 2018. However, the organic segment is expected to record highest CAGR over the forecast period.
Based on the applications, the global turf care market is classified as scarification, pest protection, stress protection, etc. The pest protection industry is expected to account for most of the revenue and have the highest growth rate during the reporting period.
Regional Analysis:
The US market is expected to dominate the size of the global turf protection market during the reporting period due to the strong acceptance of the turf in various US and Canadian applications. However, the Asia Pacific market is expected to see the highest growth rate during the forecast period due to the rapid urbanization and growing importance of the turf in residential and commercial buildings due to its usefulness.
Recent Updates:
AZ Turf Equipment, Z-Spray's new brand of lawn care equipment introduced its full line of commercial lawn care equipment in 2020. Highlights include the new Z-Spray LTS, Z-Spray and Z spreading machines. New orders increase application accuracy for optimum results and less material loss. Constant agitation in the tank keeps materials in suspension for consistent spray performance even when using dry liquids and wettable powders.
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