What Has Been the Growth Trajectory of the Turf Protection Market?
The turf protection market has seen considerable growth due to a variety of factors.
•The size of the turf protection market has significantly expanded in the past years, and it is projected to further increase from $6.87 billion in 2024 to $7.22 billion in 2025, with a compound annual growth rate (CAGR) of 5.1%.
This remarkable growth during the historic period was propelled by factors such as biopharmaceutical industry expansion, development of advanced therapeutics, prevailing public health concerns, investments in research and development, and the escalating incidents of viral infections.
What Does the Future Hold for the Turf Protection Market?
The turf protection market is expected to maintain its strong growth trajectory in upcoming years.
• The size of the turf protection market is projected to experience a stable expansion in the upcoming years. It is set to reach "$8.67 billion by 2029, with a compound annual growth rate (CAGR) of 4.7%.
This growth during the projected period can be credited to the demand for vaccine production, expansion of bioprocessing industry, cell and gene therapies, globalization of clinical trials, personalized medicine, and environmental sustainability. Notable trends during the projected period encompass digitization and automation, public and private partnerships, the introduction of single-use technologies, viral safety in cell and gene therapies, and risk mitigation strategies.
What Are The Leading Drivers Of Growth In The Turf Protection Market?
An escalating interest in sports is presumed to boost the turf protection market's expansion in the future. Sports pertain to activities that require physical and mental prowess, with the main emphasis being on participation and competitive elements. Most commonly found on sports grounds or stadiums, turf protection serves as a synthetic surface that emulates the appearance and functionality of natural grass. It aids in water drainage, reduces the need for storage space, and protects against damage. For example, in September 2022, the University Campus of Football Business (UCFB) Limited, a UK-based institution for higher education specialising in the football and sports industry, estimated the sports sector's worth at an impressive $39 billion in the UK. Furthermore, from 2022 to 2026, the total income is predicted to grow at an average yearly rate of 9.15%. As such, the augmented emphasis on sports is a significant factor contributing to the expansion of the turf protection market.
How Are The Segments Defined Within The Global Turf Protection Market?
The turf protection market covered in this report is segmented –
1) By Product: Stress Protection, Pest Protection, Scarification
2) By Type: Mechanical, Chemical, Biological
3) By Application: Landscaping, Golf, Sports, Sod Growers
Subsegments:
1) By Stress Protection: Drought Tolerance Solutions, Cold Tolerance Solutions, Heat Tolerance Solutions
2) By Pest Protection: Insecticides, Herbicides, Fungicides
3) By Scarification: Mechanical Scarifiers, Manual Scarifiers, Chemical Treatments
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How Are New Trends Expected To Influence The Growth Of The Turf Protection Market?
In the turf protection market, product innovation is emerging as a predominant trend. Many top-notch companies in this market are concentrating on introducing innovative products to solidify their market standing. For example, in October 2024, SIPCAM AGRO, an agriculture chemical manufacturing company based in the USA, launched ETQ Flex - a new product engineered to shield turf from environmental stressors such as heat, drought, and ultraviolet rays. Aimed at entities like golf course superintendents, lawn care professionals, turfgrass managers, and sod manufacturers, ETQ Flex offers the benefit of being used concurrently with other plant support goods. Once applied, the product seeps into the grass, defending it from the shoots right down to the roots while maintaining a normal rate of respiration and photosynthesis under extreme stress conditions.
Who Are the Key Players in the Turf Protection Market?
Major companies operating in the turf protection market include:
• Backyard Organics LLC
• Corebiologic LLC
• Eco Sustainable Solutions Ltd.
• Epicore Bionetworks Inc.
• Evans Turf Supplies Ltd.
• FMC Corporation
• Idemitsu Kosan Company Ltd.
• Nuturf Pty. Ltd.
• Dow Agro Sciences LLC
• Pure Ag LLC
• Syngenta AG
• AMVAC Chemical Corporation
• BASF SE
• Bayer AG
• UPL Limited
• The Andersons Inc.
• Lallemand Inc.
• Lucerne biotech
• Soil Technologies Corp.
• TeraGanix
• SePro Corporation
• Liphatech Inc.
• Precision Laboratories LLC
• Corteva Inc.
• Sumitomo Chemical Australia
• ADAMA Ltd.
• Verdegaal Brothers Inc.
• Certis LLC
• Isagro S.p.A.
• Valent Biosciences LLC
What Is The Most Dominant Region In The Turf Protection Market?
North America was the largest region in the turf protection market in 2024. 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
