Turf Protection Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
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LONDON, GREATER LONDON, UK, August 9, 2024 /EINPresswire.com/ -- The turf protection market has experienced robust growth in recent years, expanding from $6.52 billion in 2023 to $6.87 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to biopharmaceutical industry growth, advance therapeutics, public health concerns, r&d investments, rising incidence of viral infections..
Strong Future Growth Anticipated The turf protection market is projected to continue its strong growth, reaching $8.21 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to vaccine production demand, cell and gene therapies, bioprocessing industry expansion, globalization of clinical trials, focus on personalized medicine, environmental sustainability.
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Growth Driver Of The Turf Protection MarketThe increasing focus on sports is expected to propel the growth of the turf protection market going forward. Sport refers to an activity involving physical and mental skills, with a primary focus on the activity and elements of competition or social participation. Turf protection is primarily used on sports fields or on stadiums as an artificial surface that looks and performs such as real grass. It helps drain water away, minimizes required storage space, and prevent from damages.
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Major Players And Market TrendsKey players in the turf protection market include Backyard Organics LLC, Corebiologic LLC, Eco Sustainable Solutions Ltd., Epicore Bionetworks Inc., Evans Turf Supplies Ltd., FMC Corporation.Product innovation is a key trend gaining popularity in the turf protection market. Major companies operating in the turf protection market are focused on developing innovative products to strengthen their position in the market.
Segments:1) By Product: Stress Protection, Pest Protection, Scarification2) By Type: Mechanical, Chemical, Biological3) By Application: Landscaping, Golf, Sports, Sod Growers
Geographical Insights: North America Leading The MarketNorth America was the largest region in the turf protection market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global turf protection market during the forecast period. The regions covered in the turf protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Turf Protection Market DefinitionTurf protection refers to flooring materials that are perforated, allowing air, water, and light to saturate the subsurface and protect turf from melting. It is used to protect and improve the appearance of turfgrass by reducing damage.
Turf Protection Global Market Report 2024 from The Business Research Company covers the following information:• Market size data for the forecast period: Historical and Future• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.The Turf Protection Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on turf protection market size, turf protection market drivers and trends, turf protection market major players, turf protection competitors' revenues, turf protection market positioning, and turf protection market growth across geographies. The turf protection market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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August 09, 2024, 11:11 GMT
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Originally published at https://www.einpresswire.com/article/734211073/turf-protection-market-size-share-revenue-trends-and-drivers-for-2024-2033
