Asia Pacific Artificial Turf Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Polyethylene, Polypropylene, Polyamide, and Others) and Application (Residential, Commercial, and Sport)

Asia Pacific Artificial Turf Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Polyethylene, Polypropylene, Polyamide, and Others) and Application (Residential, Commercial, and Sport)

The artificial turf market in APAC is expected to grow from US$ 1,123.71 million in 2021 to US$ 1,581.64 million by 2028. It is estimated to grow at a CAGR of 5.0% from 2021 to 2028.

In response to an ever-increasing demand for artificial turf from various application domains, competitors in the artificial turf market focus on offering innovative and new products. For instance, in April 2021, Sumitomo Rubber Industries Ltd. launched Hybrid-Turf EXII, a new long-pile artificial turf product. The product is designed specifically for use in sports and is the successor to the original Hybrid-Turf EX, launched in 2015. In February 2021, SYNLawn, the artificial grass manufacturer in North America, unveiled new and enhanced artificial turf products. Products include more soy content, advanced drainage, and additional color options. In 2021, smart turf launched a range of athletic turf products treated with Microban for health and sports clubs, along with athletic arenas. The new product line provides an athletic artificial turf product with built-in antimicrobial protection. Furthermore, with the growing demand for bio-based products expanding, players in the artificial turf market continue to focus on green and sustainable product offerings.

Based on material, the APAC artificial turf market is segmented into polyethylene, polypropylene, polyamide, and others. The polyethylene segment led the market in 2020. Polyethylene is the most popular type of plastic used. There are various types of polyethylene with a wide range of densities and are one of the most commonly used materials in the artificial turf industry. Polyethylene is highly resistant to water absorption. It does not keep pet odors and has a good combination of toughness and ductile strength. In its raw form, polyethylene is susceptible to UV degradation. Hence, it is always combined with UV stabilizers. It is suitable for a variety of applications. Polyethylene grass is ideal for front and backyard applications, sports, and pets due to a combination of softness, realism, and the lack of moisture absorption.

The COVID-19 pandemic severely affected many industries across APAC, including the chemicals & materials industry. Due to the shutdown of manufacturing units, disruption of supply chains, and raw material shortage. However, China was the first of all the APAC countries to recover from losses due to rapid vaccination and effective government regulations. This is projected to impact the growth of the artificial turf market positively. Furthermore, the rising penetration of e-commerce platforms across the region is projected to boost the sales of artificial turfs over the coming years.

The overall size of the APAC artificial turf market has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the APAC artificial turf market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the APAC. Act Global, CCGrass, GreenFields BV, HATKO, Tarkett, TenCate Grass, The Dow Chemical Company, and Victoria PLC are key players operating in the artificial turf market in this region.

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