Global Artificial Grass Turf Market Is Expected To Grow At A CAGR of 12% By 2019: Radiant Insights

Global Artificial Grass Turf Market Trends, Growth Report 2019: Radiant Insights

Market outlook of the artificial grass turf market
The artificial grass turf surface is made of plastic pellets, and the grass consists of filaments threaded into the surface. The increased demand for artificial grass turf in regions where the environmental conditions are arid and hostile is the primary driver for the market growth. Technavios market research analyst predicts the global artificial grass turf market to grow at a CAGR of 12% during the forecast period.

However, the high setup cost is expected to deter the market growth during the forecast period. The initial cost of installing an artificial grass turf is high and ranges from USD 1.59 to USD 4.00 per square foot depending on the type of artificial turf. Consumers in such regions prefer using the natural grass turf as it is cheaper rather than purchasing the costlier artificial grass turf.

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Segmentation by application and analysis of the artificial grass turf market
Contact sports
Leisure
Landscaping
Hockey
Tennis

Contact sports accounted for 44% of the market shares during 2014. The use of artificial grass turf for American football has been popular since the 1960's due to the unfavorable environment conditions in America.

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Global Aluminum Extrusion Market To Witness A Tremendous Growth At A Rate Of Around 7% By 2019: Radiant Insights

Global Aluminum Extrusion Market Share, Size Report 2019 By Radiant Insights

Outlook of the aluminum extrusion market
Aluminum extrusions are used for their strength, flexibility, durability and sustainability in various sectors such as construction, transportation, electrical, machinery and consumer durables. They are 100% recyclable and emits no significant hazardous gasses during processing. The increased usage in green initiatives is driving the growth of the aluminum extrusion market. Technavios market research analyst estimates the global aluminum extrusion market to witness a tremendous growth at a rate of around 7% during the forecast period.

The growth of the automobile industry is anticipated to drive the growth of this market during the forecast period. Aluminum extrusion is replacing steel in automobiles and transport. It is preferred over other metals due to its light weight leading to reduced fuel consumption and reduced greenhouse gas emission. Moreover, aluminum is easily recyclable and resistant to corrosion, thus ensuring sustainability and durability of the vehicle.

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Product segmentation and analysis of the global aluminum extrusion market
Mill finished
Anodized
Powder coated

The mill finished segment accounted for 58% of the market share during 2014 and is expected to reach around 13 million metric tons by the end of 2019. Mill finished products are mainly used in applications that do not demand additional corrosive resistivity.

Segmentation by end user and analysis of the global aluminum extrusion market
Building and construction
Transportation
Machinery and equipment
Consumer durables
Electrical

Building and construction segment is the largest market for aluminum extrusion. The growth of this segment is anticipated to be at a rate of 7% during the forecast period. Around 65% of the aluminum content in construction is estimated to be recycled annually. Its usage in building and construction is expected to increase during the forecast period, especially in doors, windows, panels, windows frames, ladders, and bridges.

Geographical segmentation and analysis of the global aluminum extrusion market
China
Other Asia
Europe
North America
Latin America

China accounted for around 62% of the global market share during 2014 and is expected to grow at a rate of 7% during the forecast period. The increase in industrial consumption of extruded aluminum is driving the market in China.

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About Us:
Radiant Insights Inc. is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA

Radiant Insights, Inc
28 2nd Street,
Suite 3036 San Francisco,
CA 94105 United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Website: http://www.radiantinsights.com/
Email: sales@radiantinsights.com