Turf Protection Chemicals Market: Introduction

  • Increase in demand for turf protection products in the sports sector is expected to drive the global turf protection chemicals market during the forecast period. Rise in demand for turf in commercial and residential properties is also anticipated to boost the demand for turf protection chemicals in the near future.
  • Turf is a layer of matted earth formed by plant roots and grass. Maintaining a lawn is difficult; hence, turf protection is used to prevent losses caused due to the attacks of weeds and pests.
  • Artificial turf is a ground cover, which looks similar to natural grass. It is made up of synthetic fibers. Artificial turfs are used in arenas of sports, especially the ones played on grass. However, these turfs have also secured their place in residential lawns and commercial applications.

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Key Drivers of Turf Protection Chemicals Market

  • Synthetic chemical is one of the widely used methods for turf protection, as they are specifically targeted towards the insects & pests. Synthetic chemicals has the balanced distribution of active ingredients, which helps in controlling the pests and insects effectively this effectiveness makes them the most widely used method for turf protection despites its stringent regulations.
  • Rise in demand for chemicals from residential and commercial property developments along with increase in number of golf courses and other related sport fields are key factors driving the turf protection chemicals market. Besides this, adoption of integrated pest management system in the turf industry is augmenting the market. However, periodic cleaning requirements, use of petroleum & toxic materials, and high health and safety concerns are hampering the turf protection chemicals market.
  • Key players operating in the global turf protection chemical market are increasingly exporting their products to generate more revenues. However, challenges such as increase in bargaining power of buyers and emphasis on high-quality products at low costs are leading to significant changes in the supply chain of the turf protection chemicals market.

Pest Protection Segment to Offer Attractive Opportunities

  • The pest protection segment accounted for major share of the turf protection chemicals market in 2018 due to the rise in usage of chemical treatment, which involves the usage of pesticides and insecticides with high level of selectivity, which helps in controlling pests present in grasses on turf.
  • The pest protection segment can be further bifurcated into chemicals and bio-pesticides. Bio-pesticides derived from plant and animal extracts such as canola oil and bacteria are majorly used in Integrated Pest Management programs.

Stringent Regulations Regarding Usage of Chemicals Likely to Hamper Market

  • Implementation of stringent regulations for synthetic chemicals and rise in research & development costs associated with formulating newer active ingredients are major factors restraining the turf protection chemicals market
  • Stringent regulations regarding uses of chemicals is likely to hamper the demand for chemical solutions. However, the usage of chemical products is still on the rise due to their cost-effectiveness and extended shelf-life.
  • High cost associated with the development of new and innovative products is expected to hamper the market during the forecast period. Additionally, preference for artificial turf, owing to the low maintenance cost, is another factor anticipated to adversely affect the global turf protection chemicals market.

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North America Expected to Hold Major Share of Global Turf Protection Chemicals Market

  • North America accounted for key share of the market in 2018. It is one of the largest consumers of turf protection chemical products. Synthetic chemicals such as pesticides and herbicides offer economical and effective solutions for turf and are widely used in the region. The U.S. has better infrastructure for the turf industry. This is fueling the demand for turf protection chemicals in the country.
  • Increase in number of sport fields in North America and significant presence of players operating in the market are major factors estimated to drive the turf protection chemicals market in the region.
  • Europe accounts for important share of the global turf protection chemical market, followed by Asia Pacific, Latin America, and the Middle East & Africa, respectively
  •  The market in Asia Pacific is projected to register comparatively faster than Europe region during the forecast period, due to rapid growth in number of sports fields in countries such as India, China, and Australia

Key Players in Turf Protection Chemicals Market

Key players operating in the global turf protection chemicals market include:

  • Dow AgroSciences LLC
  • Syngenta AG
  • The Andersons Inc.
  • FMC Corporation
  • Idemitsu Kosan Co. Ltd.
  • Epicore BioNetworks Inc.
  • Eco Sustainable Solutions Ltd.
  • Pure AG
  • CJB Industries, Inc.
  • Martenson Turf Products, Inc.
  • Sharda USA LLC
  • Vriesland Growers Cooperative, Inc.
  • Evans Turf Supplies Ltd.
  • Soil Technologies Corporation
  • Nuturf Pty. Ltd.
  • CoreBiologic, LLC
  • AMVAC Chemical Corporation

Global Turf Protection Chemicals Market: Research Scope

Global Turf Protection Chemicals Market, by Product

  • Stress Protection
  • Pest Protection
  • Scarification

Global Turf Protection Chemicals Market, by Application

  • Seed
  • Foliar
  • Soil 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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