Artificial turf is manufactured from synthetic fibers and made to imitate natural grass. Raw materials for producing artificial turf include polyethylene (PE), polypropylene (PP), polyamide (Nylon), rubber compounds, polyester foam, different colors, other additives, etc. An artificial turf is a suitable option for covered stadiums due to the difficulty of getting grass enough sunlight. It is also used in outdoor sports arenas as it allows games to be played in any type of weather.
Increasing Demand for Artificial Turf from Commercial and Residential Sector to Boost the Global Artificial Turf Market
Further, the growth of the construction sector is fueling the demand for artificial turf in various applications. There is a high demand for artificial turf from the residential and commercial application sectors. Due to the various advantages of artificial turf, it has become a valid substitute for lawns in many places. Artificial turfs are used in backyards, edgings, pavers, medians, and poolside areas. In addition, artificial turf surfaces are used to create commercial and residential playgrounds, focusing on children’s safety. They are also being produced containing anti-bacterial properties. Moreover, the product is not exposed to hazardous pesticides and fertilizers, unlike natural grass that makes the product children and pet friendly. Furthermore, artificial turf is increasingly used for airport ground cover. In 2017, London City Airport installed a special type of artificial turf from the Danish company. London City Airport is the first European airport with artificial turf produced by the Danish company Evergreen Aviation. Further, various developing and developed countries are experiencing rapid urbanization, leading to the rapid growth of the construction sector across the globe, thereby fueling demand for low-maintenance products such as artificial turf. Thus, the growth of the construction sector globally is driving the artificial turf market.
The Dow Chemical Company; Tarkett; Act Global; CCGrass; TenCate Grass; SIS Pitches; Victoria PLC; GreenFields BV; HATKO; Hellas Construction, Inc.; are among the major market players operating in the artificial turf market. These companies offer their products worldwide, which helps them in catering to a wider customer base. These major players in the market are highly focused on the development of high quality and innovative products to fulfill the customer’s requirements. Over the past few years, the companies operating in the market have realized the immense potential pertaining to the artificial turf market and were highly involved in strategies such as mergers & acquisition and product launch. For instance, in 2020, FieldTurf, a Tarkett Sports company, announced the acquisition of the assets of Grass Manufacturers Pty Limited (Grassman), an Australian artificial turf manufacturer. The acquisition of Grassman expanded FieldTurf’s presence in the Australian market, particularly in tennis, hockey, landscape, and utility segments, therefore complementing applications for soccer and rugby.