Turf protection market is estimated at USD 5.15 Billion in 2017


Posted July 10, 2017 by pankaj_kaware

Turf protection market is estimated at USD 5.15 Billion in 2017| Industry Trends, Growth Rate forecast to 2022

 
The turf protection market is estimated at USD 5.15 Billion in 2017, and is projected to reach USD 6.41 Billion by 2022. The factors influencing the turf protection market growth are the rising demand from residential & commercial properties (including sports fields) and adoption of Integrated Pest Management in the turf industry, which uses a broad and systematic approach to control pests, in turn fueling the demand for turf protection products.

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The global market is segmented by solution, product, mode of application, and region. On the basis of solution, the chemical segment held the largest share in 2016. Synthetic chemical is still one of the most widely used methods for turf protection; this segment is dynamically growing in terms of product range. Stringent regulations have hampered the market for chemical solutions; however, the usage of synthetic/chemical products is still on the rise due to their cost-effectiveness and extended shelf-life.

The North American region held the largest market share followed by the European region in 2016. This is due to a rise in the number of sports fields and the adoption of Integrated Pest Management, which requires an organized method of pest protection for turfs. The major restraining factors affecting the turf protection market are stringent & inconsistent regulations for synthetic chemicals and the rising R&D costs associated with formulating newer active ingredients.
The key manufacturers in the value chain include Dow AgroSciences LLC (U.S.), Syngenta AG (Switzerland), The Andersons Inc. (U.S.), FMC Corporation (U.S.), Idemitsu Kosan Co. Ltd. (Japan), Epicore BioNetworks Inc. (U.S.), Eco Sustainable Solutions Ltd. (U.K.), Pure AG (U.S.), CJB Industries, Inc. (U.S.), Martenson Turf Products, Inc. (U.S.), Sharda USA LLC, Vriesland Growers Cooperative, Inc. (U.S.), Evans Turf Supplies Ltd. (New Zealand), Soil Technologies Corporation (U.S.), Nuturf Pty. Ltd. (Australia), Lallemand Inc. (Canada), CoreBiologic, LLC (U.S.), AMVAC Chemical Corporation (U.S.), Growth Products Ltd. (U.S.), Oasis Turf & Tree (U.S.), Backyard Organics, LLC (U.S.), TeraGanix, Inc. (U.S.), Howard Fertilizer & Chemical (U.S.), and Lucerne Biotech UK Ltd. (U.K.).

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The stakeholders for the turf protection market are mentioned below:
• Agrochemical importers/exporters
• Pesticide manufacturers/suppliers
• Turf and lawn growers
• Intermediary suppliers
o Wholesalers
o Traders
• Regulatory bodies

Scope of the Report:
This research report categorizes the turf protection market based on solution, product, mode of application, and region.

On the basis of Solution, the market has been segmented into the following:
• Biological
• Chemical
• Mechanical
On the basis of Product, the market has been segmented into the following:
• Stress protection
• Pest protection
• Scarification

On the basis of mode of Application, the market has been segmented into the following:
• Seed
• Foliar
• Soil

On the basis of Region, the market has been segmented into the following:
• North America
• Europe
• Asia-Pacific
• South America
• Rest of the World (Middle East & South Africa)

Available Customizations
With the given market data, MarketsandMarkets offers customizations according to client-specific needs.
The following customization options are available for the report:
Product Analysis
• Product matrix, which gives a detailed comparison of the product portfolio of each company
Regional Analysis
• Further breakdown of the Rest of Asia-Pacific turf protection market into Australia & New Zealand
• Further breakdown of the Rest of European market into the U.K., Belgium, Denmark, Greece, Ireland, and the Netherlands
• Further breakdown of the Rest of South American market into countries such as Chile, Paraguay, Honduras, and Costa Rica
• Further breakdown of the RoW market into the Middle East and South Africa
Company Information
• Detailed analysis and profiling of additional market players (up to five)

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Issued By pankaj
Country India
Categories Automotive
Tags turf protection market
Last Updated July 10, 2017