Polyethylene Segment to Dominate Europe Artificial Turf Market during 2020–2028      

According to a new market research study on “Europe Artificial Turf Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Material and Application” is expected to reach US$ 1,343.13 million by 2028 from 918.60 US$ million in 2021. The market is estimated to grow at a CAGR of 5.6% from 2021 to 2028. The report provides trends prevailing in the Europe artificial turf market along with the drivers and restraints pertaining to the market growth. Commercial and residential sector raising the demand for artificial turf is the major factor driving the growth of the Europe artificial turf market. However, issues associated with huge volumes of plastics being used hinders the growth of Europe artificial turf market.

Europe artificial turf market is segmented into material, application, and country. Based on material, the Europe artificial turf market is segmented into polyethylene, polypropylene, polyamide, and others. The polyethylene segment led the Europe artificial turf market in 2020. Based on the application, the Europe artificial turf market has been segmented into residential, commercial, and sport. The sports segment held the largest share of the Europe artificial turf market in 2020. Based on country, the Europe artificial turf market is segmented into France, Germany, Italy, UK, Russia, and Rest of Europe. Rest of Europe held the largest market share in 2020.

In Europe, France, Russia, and the UK are among the worst-hit countries by the COVID-19 pandemic. These countries suffered economic downfall due to restrictions on industrial activities because of the lockdowns and border restrictions. The artificial turf market across the region suffered huge losses as people preferred buying essential goods over non-essential and luxury commodities. However, the lockdown restrictions are being slowly lifted in some of the countries in Europe. This factor will have a positive impact on the chemicals & materials industries, including the artificial turf market.

Act Global; CCGrass; GreenFields BV; HATKO; Hellas Construction, Inc.; SIS Pitches; Tarkett; TenCate Grass; and The Dow Chemical Company; Victoria PLC are among the leading companies in the Europe artificial turf market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Act Global announced launch of custom turnkey solutions to aid private schools and institutions plan, design, and install a synthetic turf sports field that fits their budget and meets their athletic as well as community needs.  

Europe Artificial Turf Market, By Country, 2020 and 2028 (%)

  

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