ID: 451 | August 2016 | Region: Global
The Global Turf and Ornamental Grass Protection Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Global Turf and Ornamental Grass Protection Market is estimated to be $5.20 USD billion and predicted to rise to $ 6.45 USD billion with a CAGR of 4.4%. The market is segmented by type (Turf, ornamental), and by products (Herbicides, Insecticides, Fungicides, Bio-herbicides, Bio-insecticides, Bio-fungicides, other grass protection products). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
The market is mainly driven by the growth in lands that promote sports like Golf, and also landscapes and gardens that have ornamentals and turf surfaces which is ultimately increasing demand for Pesticides for better protection and maintenance. Also, increasing awareness about the benefits of pesticides is also increasing the market growth. Many countries came up with stringent laws related to decreasing the use of pesticide for increasing environmental damage, is expected to be crucial in slowing down demand for grass protection pesticides.
Global market for Turf and Ornamental grass protection is Segmented into Type and Product. Each of these segments are further sub segmented into Type: Turf, ornamental, and Product: Synthetic Pesticides, Synthetic Herbicides, Synthetic Insecticides, Synthetic Fungicides, Other Synthetic Pesticides, Bio-pesticides, Bio-herbicides, Bio-insecticides, Bio-fungicides, Other Bio-pesticides, other crop protection products. Crop protection chemicals market is being dominated by herbicides, accounting for over 41% of the total pesticide volume.
Geographically Global market for Turf & Ornamental grass protection is segmented into North America, Asia-Pacific, Africa, Latin America and Europe. North America and Europe dominate the global volume of pesticides used in maintaining Turf & Ornamental Grasses, given the predominance of golf courses and gardens in these regions. However, selected areas in Asia-Pacific and Latin America have been promoting sports and tourism by planting wider areas of golf courses and gardens, thereby justifying a faster growing consumption of pesticides in these regions.
The main companies that are prominent in the market for Turf and Ornamental Grass Protection market are Adama Agricultural Solutions LTD, American Vanguard Corporation, AMVAC Chemical Corporation, Arysta Lifescience, Bayer cropscience AG, Bio-works Inc, Cheminova A/S, Chemtura agrosolutions, DuPont, FMC Corporation, Syngenta International AG and Valent Bio-sciences Corp.
Browse through the full report at “http://www.marketdataforecast.com/market-reports/global-turf-and-ornamental-grass-protection-market-438/” and checkout our recent reports in the Agrochemicals category at “http://www.marketdataforecast.com/research-reports/agriculture/agrochemicals-8/”. For more insights and up-to-date industry news don’t forget subscribing to our newsletters.
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