Market Outlook By Credence Research Artificial Turf Market 2018-2026 | Page 4
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By material type, the polyethylene
segment held the largest market share
in 2017. Polyethylene on account of its
characteristics
such
as
softness,
durability and resiliency is the most
preferred when it comes to turf material
type. On the other hand, factors such as
excellent wear resistance, high melting
point and long color holding capacity
would contribute to the growth of the
polyamides segment in the coming
years.
In
terms
of
geography,
Europe
accounted for the largest market in
2017. The region houses a large number
of sports stadiums. Moreover, many
leading artificial turf manufacturers such
as Victoria PLC, Tarkett, SportGroup and
SIS
Pitches
among
others
are
headquartered in the region. Growing
number of commercial playground
surfaces,
high
investment
in
infrastructure and rapid urbanization
would drive the growth of the artificial
turf market in Asia Pacific. Countries
such as India and China helped by the
growth of the construction sector and
rising disposable income would lead this
growth.