Pune, 18, April, 2023: Maximize Market Research, a Material & Chemical business research firm has published a report on the “Turf Protection Chemicals Market”. The total market opportunity for Turf Protection Chemicals was USD 6.19 Bn in 2021 and is expected to grow at 4.7 percent CAGR through the forecast period to reach USD 8.94 Bn by 2029.
Turf Protection Chemicals Market Report Scope and Research Methodology
The report offers a detailed analysis of drivers, restraints, opportunities and challenges for the Turf Protection Chemicals Market. Both primary and secondary data were thoroughly analyzed and combined in order to offer an accurate and error-free report and to estimate and authenticate global and regional Turf Protection Chemicals Market size, the bottom-up approach was used. The primary research employed includes email interactions, telephonic interviews and face-to-face interviews for detailed and unbiased reviews on the Turf Protection Chemicals industry, while the secondary data were collected from official databases of various organizations and government sites, annual or financial reports, industry journals, etc. Furthermore, Porter’s Five Forces analysis explains buyers’ bargaining power, the threat of new entrants, suppliers’ bargaining power, the threat of substitutes and the degree of competition in the Turf Protection Chemicals Market. SWOT analysis was used to provide the strengths, weaknesses, opportunities and challenges for the key players in the Turf Protection Chemicals industry. PESTLE analysis employed helps to understand the Turf Protection Chemicals Market from various different perspectives.
Turf Protection Chemicals Market Dynamics
The market is majorly driven by the increasing number of golf courses and related sports fields. During the forecast period, the Turf Protection Chemicals market is expected to be driven by the increasing demand for turf protection products in the sports sector and the increase in the demand for turf in residential and commercial properties. The market is expected to be hampered by the use of petroleum and toxic materials with high health and safety concerns. The main factors restraining the market growth are the stringent regulations for synthetic chemicals and the increase in research and development costs.
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Turf Protection Chemicals Market Regional Insights
In 2021, the North America region dominated the global Turf Protection Chemicals Market and is expected to hold the largest revenue share during the forecast period. the factors driving the growth of the market in the region are the increasing popularity and acceptance of synthetic sports fields for outdoor and indoor sports. In the region, the market growth is also fuelled by the increasing number of residential and commercial complexes along with top-level amenities.
Turf Protection Chemicals Market Segmentation
By Product
By Application
Turf Protection Chemicals Market Key Competitors include:
Table of Content for Turf Protection Chemicals Market
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Key questions answered in the Turf Protection Chemicals Market are:
Key Offerings:
Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:
Turf Care Equipment Market – The market size is expected to reach USD 19.91 billion by 2029 at a CAGR of 7.6 percent during the forecast period. The market is expected to be driven by increasing demand for DIY landscaping projects across the world.
Artificial Turf Market – The market size is expected to reach USD 6.93 billion by 2029 at a CAGR of 9.8 percent during the forecast period. The market is driven by the increasing demand for artificial turf from commercial and residential sector.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Media ContactCompany Name: MAXIMIZE MARKET RESEARCH PVT. LTD.Contact Person: Geeta YevleEmail: Send EmailPhone: +91 9607365656Address:3rd Floor, Navale IT Park, Phase 2, Pune Banglore Highway, Narhe,City: PuneState: MaharashtraCountry: IndiaWebsite: https://www.maximizemarketresearch.com/market-report/global-turf-protection-chemicals-market/80708/