Market Outlook By Credence Research Artificial Turf Market 2018-2026 | Page 2

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Market Insight
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According to a new market research
report published by Credence Research
“Artificial Turf Market (Material Type
– Polyethylene, Polypropylene, and
Polyamides; Installation – Wall Cladding
and Flooring; Application – Contact
Sports, Non-contact Sports and Leisure
and Landscaping) – Growth, Future
Prospects and Competitive Analysis,
2018 – 2026”, the artificial turf market
was valued at US$ 3.25 Bn in 2017 and
will be reaching US$ 8.56 Bn in 2026
growing at a CAGR of 10.5% during the
forecast period from 2018 to 2026.
Market Insights
The artificial turf market stood at US$
3.25 Bn in 2017 and expected to reach
US$ 8.56 Bn in 2026 growing at a CAGR
of 10.5% during the forecast period
from 2017 to 2026. In recent years,
artificial turfs are finding increased
application across sports stadiums and
commercial
playground
surfaces.
Artificial
turfs
provide
numerous
advantages over natural grass. As
compared to natural grass, artificial turfs
involve a much lesser maintenance cost.
Moreover, other benefits such as