Dublin, April 28, 2023 (GLOBE NEWSWIRE) -- The "Turf Protection Market by Product (Pest protection, Stress protection & Scarification), Solution ( Chemical, Biological & Mechanical), Mode of Application ( Soil, Seed & Foliar), Application (Sports & Recreational), & Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
The turf protection market is projected to reach USD 8.1 billion by 2028 from USD 6.4 billion by 2023, at a CAGR of 4.9% during the forecast period in terms of value.
The turf protection market consists of both synthetic and bio-based products; although synthetic chemicals hold a larger market share, bio-based products also deliver excellent disease control and are efficient in controlling a wide variety of insects or pests on turf. The demand for turf protection products is primarily driven by the adoption of integrated pest management in the turf industry, as well as their increased usage in sports fields and residential & commercial properties.
The major constraints and challenges are the stringent laws imposed, especially by governments in the European region, which have strict regulations in place regarding the usage of synthetic chemicals which, in turn, hamper the growth of the turf protection market. Environment protection agencies and governments in the European region encourage the usage of bio-based products such as fungi, bacteria, or any plant- and animal-based biological agents to reduce the harmful effects caused by synthetic chemicals.
By mode of application, seed is projected in high demand during the forecast period.
The seed segment finds a range of applications in turf grasses, such as disease resistance, drought tolerance, improved germination and pest resistance. Seeding or seed treatment is also a cost-effective way that has evolved from just changing the seed size and shape to producing treated coatings and supply compounds that influence the microenvironment of each seed. Compounds includes fungicides, insecticides, herbicides, and micro- and macronutrients.
Seed treatments are commonly used in the turf protection industry for controlling seed and soil-borne diseases. This will be used for faster establishment, improved germination and increase seedling survival.
By Products, The market for turf protection may benefit from pesticide eco-friendliness.
The pest protection segment is further bifurcated into chemical and biopesticide treatments. These chemical compounds or biological agents are used to control or eliminate pests such as insects, weeds, fungi, and rodents. In the turf grass industry, pesticides are commonly used to maintain healthy turf and prevent damage from pests.
The usage of pesticides in turf grass maintenance is a common practice in the turf protection market. Turf grass is often subject to attack by various pests such as insects, weeds, and fungal diseases that can damage or kill the grass. Pesticides are applied to the turf grass to control or eliminate these pests and ensure that the grass remains healthy and attractive.
Asia Pacific will significantly contribute towards market growth during the forecast period
Geographically, the region is segmented as China, India, and Japan, along with the Rest of Asia-Pacific. The turf protection market in Asia-Pacific is growing mainly due to increasing sports activities and interest in landscaping, which includes turf surfaces in selected countries. Such as, in Japan, the government has been promoting the use of green spaces for their environmental, social, and economic benefits. The Ministry of Land, Infrastructure, Transport and Tourism has set a target of increasing the total area of green space in Japan to 30% by 2025. This initiative is expected to drive demand for landscaping and garden maintenance services.
In China, the government has launched several initiatives to promote urban greening and landscape gardening, such as the National Garden City Construction Plan and the Beautiful Countryside program in 2017. These initiatives aim to improve the living environment of urban and rural areas and create a more beautiful and livable environment for residents. This is expected to drive demand for landscaping and garden maintenance services.
Market Dynamics
Drivers
- Rising Demand from Residential and Commercial Properties
- Adoption of Integrated Pest Management in the Turf Industry
- Increased Emphasis on Protecting Turf from Climate Change
Restraints
- Stringent and Inconsistent Regulations on Synthetic Chemicals
- High R&D Cost Associated with Formulating New Active Ingredients
Opportunities
- Rising Demand for Bio-based Turf Protection Products
Challenges
- Gradual Rise in Usage of Artificial Turf
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 265 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $6.4 Billion |
| Forecasted Market Value (USD) by 2028 | $8.1 Billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Turf Protection Market, by Solution
7.1 Introduction
7.2 Biological
7.2.1 Rise in Demand for Natural Turf Protection to Drive Market
7.3 Chemical
7.3.1 Affordability, Longer Shelf Life, and Quick Outcomes - Advantages Supporting Market Growth
7.4 Mechanical
7.4.1 Increasing Demand for Aesthetic Lawns to Drive Market
8 Turf Protection Market, by Mode of Application
8.1 Introduction
8.2 Seed
8.2.1 Seed Treatment Improves Success Rate of Turfgrass
8.3 Foliar
8.3.1 Increasing Demand for Precision Agriculture to Support Market Growth
8.4 Soil
8.4.1 Demand for Sustainable and Eco-Friendly Practices to Result in Increased Demand for Soil-based Approaches
9 Turf Protection Market, by Product
9.1 Introduction
9.2 Pest Protection
9.2.1 Pesticides Help Maintain Healthy, Attractive, and Durable Turfgrass
9.3 Stress Protection
9.3.1 Increasing Focus of Turf Growers on Abiotic Stress Protection to Drive Market
9.4 Scarification
9.4.1 Need for Regular Turf Maintenance to Support Market Growth
10 Turf Protection Market, by Application
10.1 Introduction
10.2 Sports
10.2.1 Increasing Popularity of Sports Activities to Drive Market
10.3 Recreational
10.3.1 Rising Demand for High-Quality Turf Protection Products to Maintain and Enhance Turf Surfaces to Support Market Growth
11 Turf Protection Market, by Region
12 Competitive Landscape
13 Company Profiles
14 Adjacent and Related Markets
15 Appendix
Companies Mentioned
- Agrichem
- Amvac Chemical Corporation
- Bactivate
- BASF SE
- Bayer AG
- Bio Huma Netics, Inc.
- Biobest Group Nv
- Bioceres Crop Solutions
- Bioiberica SAU.
- Colin Campbell (Chemicals) Pty Ltd.
- Corebiologic
- Corteva Agriscience
- FMC Corporation
- Icl Group Ltd.
- Kalo
- Lebanon Seaboard Corporation
- Nufarm
- Pbi-Gordon Corporation
- Pureag LLC
- Sds Biotech K.K.
- Soil Technologies Corporation
- Syngenta Crop Protection AG
- Teraganix Holdings, LLC
- The Andersons, Inc.
- Upl Limited
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