Title: Global Turf Protection Market
1Global Turf Protection Market
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2The turf protection market is projected to grow
at a CAGR of 4.45
The turf protection market is estimated at USD
5.15 billion in 2017, and is projected to reach
USD 6.41 billion by 2022, at a CAGR of 4.45
during the forecast period. The primary factors
driving the turf protection market are in the
rising demand from residential commercial
property development including increasing number
of golf courses other sports fields around the
globe,
3and the usage of turf protection products in
Integrated Pest Management programs. The major
restraining factors are stringent, yet
inconsistent regulations for synthetic chemicals
and the rising RD costs associated with
formulating newer active ingredients.
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5The biological segment is projected to grow at
the highest CAGR, by solution, during the
forecast period
The biological segment is projected to grow at
the highest CAGR during the forecast period.
Stringent regulations in the European region and
in several U.S. states against the usage of
synthetic chemicals have led to a shift toward
the usage of bio-based products. Biological
products are easy to register due to not
involving synthetic chemicals as a part of the
formulation which makes them more popular among
turf managers.
6The Asia-Pacific region is projected to grow at
the highest CAGR during the forecast period
The Asia-Pacific region is projected to grow at
the highest CAGR during the forecast period. This
is due to the rise in the number of sports
fields, golf courses, and garden areas in
countries of the Asia-Pacific region where the
leisure sports-related infrastructure and tourism
are promoted by governments, which in turn will
increase the consumption of turf protection
products in these countries.
7Research Coverage
This report provides a picture of the turf
protection market across different segments. It
aims at estimating the market size and future
growth potential of the market across different
solutions, products, modes of application, and
regions. The report also includes an in-depth
competitive analysis of the key players in the
market along with their company profiles, key
market strategies such as product offerings with
scorecards based on selected parameters, business
strategies, and recent developments.
8Key Reasons to Buy the Report
- It provides an overview of the turf protection
market. - From an insight perspective, this research
report has detailed analyses industry, market
strategy of companies covering the value chain,
and company profiles. - This report also explains high-growth segments
of the turf protection market, its high-growth
regions, and drivers, restraints, opportunities,
and challenges. - The value chain for the turf protection market
has been segmented into vanguard, dynamic,
innovator, and emerging.
9Full Report
Global Turf Protection Market
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