The Artificial turf market is estimated at USD 76.6 billion in 2022 and is projected to reach USD 114.3 billion by 2028, at a CAGR of 6.5% from 2023 to 2028. The growing demand for artificial turf in a variety of end-use industries, such as building & construction, automotive, artificial grass, is the main driver of this market expansion. Another major factor driving the growth of the artificial turf market growth is the replacement of natural grass with artificial turf in sports venues. Artificial turf is gaining popularity due to its low maintenance cost and better durability compared to natural grass.
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Prominent companies, including DuPont (US), FieldTurf (Canada),Shaw Industries Group, Inc. (US), ACT Global (US), TigerTurf (US), Mohawk Industries, Inc. (US), Tarkett (France), Lowe’s Companies, Inc. (US), Interface, Inc. (US), Dixie Group, Inc. (US), Oriental Weavers (Egypt), Tai Ping Carpets International Limited (Hong Kong), Victoria PLC (UK), The Home Depot, Inc, (US) are recognized as key players in the global artificial turf market. These market leaders have strategically prioritized growth efforts like mergers and acquisitions, collaborations, expansions, investments, and divestitures to help them expand into previously undiscovered and attractive markets.
DuPont. (US) – In September 2017, DuPont completed a merger agreement with Dow Chemicals to form a new company, DowDuPont. The companies announced the merger in 2015, which was completed in 2017. Post-merger, the companies haves been operated as three independent divisions – Agriculture, Materials Science, and Specialty Products.
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In 2019, the dissolution of DowDuPont was completed into Dow, DuPont, and Corteva. DuPont offers a wide range of artificial grasses in collaboration with ForeverLawn, Inc. DuPont is a science and technology-based company that offers innovative products, materials, and services to meet the demands of a broad customer base. The company operates through overall thirteen business segments – Agriculture, Automotive, Building & Construction, Electronics, Energy, Food & Beverage, Government & Public Sector, Healthcare & Medical, Marine, Mining, Packaging & Printing, Plastics, and Safety & Protection. The company offers artificial grass under its home, garden & car care category products, under the brand DuPont ForeverLawn Synthetic Grass, which finds application in landscape settings.
The company’s network spans more than 90 countries in the Asia Pacific, Europe, the Middle East, and the Americas. Its subsidiaries include DuPont China Holding Co., Ltd (China), DuPont do Brasil (Brazil), DuPont (UK) Ltd (UK), and Pont (Australia) Pty Ltd (Australia).
Shaw Industries Group Inc. (US) – Shaw Industries Group, Inc. is the largest carpet manufacturer globally. The company’s product portfolio includes carpet, hardwood, laminate, tile, and stone flooring products and synthetic grass for the residential and commercial markets worldwide. Shaw Sports Turf is a part of Shaw Industries. Shaw is a Berkshire-Hathaway company, and Shaw Sports Turf is the largest American-owned and American-made synthetic turf company in the world. The company provides artificial grass under through the Specialty Markets segment. The company operates in the synthetic turf business through Sports Turf, Southwest Greens International LLC, and Watershed Geosynthetics LLC, which provide synthetic sports turf and landscape turf products.
The company operates as a subsidiary of the Berkshire Hathway Company. The companyIt operates through 50 manufacturing facilities and 45 distribution facilities at a global level. The company sells its products through its sales offices present throughout the US, as well as Australia, Brazil, Canada, Chile, China, France, India, Mexico, Singapore, the UAE, and the UK.
ACT Global (US) – ACT Global is a leading manufacturer of artificial turf for the sports, landscaping, aviation, and landfill applications. The company provides a full range of artificial grass products for sports, including football, hockey, rugby, American football, baseball, and other sports applications such as tennis, golf, lacrosse, and indoor & multipurpose use. It provides artificial landscape grass, under its brand Turfscape, with applications in lawns, gardens, road medians, pool decks, patios, rooftops, apartments, hotels, playgrounds & child care centers, batting cages, parks, and other high-use play areas. Apart from this, the company also provides pet turf used in yards, pet runs, dog daycares, and pet grooming facilities. Its LiteEarth and AvTurf affiliations add capabilities for landfills and airport applications.
The company sells its products in over 80 countries and operates through four manufacturing facilities located in the US, Europe, and Asia and offers installation services in over 70 countries. It has sales offices across Europe, Asia Pacific, the Middle East, Africa, and throughout the US.
