The Turf Protection Global Market Report 2023, provides comprehensive information on the turf protection market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Turf Protection Global Market Report 2023, the global turf protection market size is expected to grow from $6.18 billion in 2022 to $6.52 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global turf protection market size is expected to reach $7.81 billion in 2027 at a CAGR of 4.6%.
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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. For instance, in May 2021, BASF SE, a Germany-based chemical company introduced the insecticide Alucion 35 WG, a type of insecticide used for golf courses. This solution helps in controlling a wide range of surface-feeding insects, including nuisance ants, plant-eating ground bugs, caterpillars, and yearly bluegrass beetles. Alucion 35 WG insecticide is the only pyrethroid-containing insecticide for golf courses with a non-restricted use label and is anchored in an excellent formulation for easy mixing and handling to deliver healthy greens and uninterrupted play.
The turf protection market is segmented:
1) By Product: Stress Protection, Pest Protection, Scarification
2) By Type: Mechanical, Chemical, Biological
3) By Application: Landscaping, Golf, Sports, Sod Growers
North America was the largest region in the turf protection market in 2022.
The table of contents in TBRC’s turf protection market report includes:
1. Executive Summary
2. Turf Protection Market Characteristics
3. Turf Protection Market Trends And Strategies
4. Turf Protection Market – Macro Economic Scenario
5. Turf Protection Market Size And Growth
…
27. Turf Protection Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Turf Protection Market
29. Turf Protection Market Future Outlook and Potential Analysis
30. Appendix
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