Turf and Ornamental Grass Protection Market Overview 2024

Market-Research
Turf And Ornamental Grass Protection Market 2024

Market Overview:

Turf and Ornamental Grass Protection Market has been estimated at USD 4008.33 million in 2019 and is projected to reach USD 5266.09 million by 2024, at a CAGR of 5.61% during the forecast period from 2019 to 2024. Pesticides constitute the largest share of the Turf and Ornamental Grass Protection market, with Bio-pesticides accounting for a comparatively minute share. Although bio-pesticides have considerably lower market share, higher adoption of bio-pesticides for agricultural practices potentially can increase a company’s rate of utilization significantly. Pesticides are most commonly used as plant protection products that, as a rule, protect plants from damaging influences such as weeds, plant diseases or insects Pesticides constitute a class of agrochemicals used for preventing the destruction of crops by pests, diseases, and weeds.

Market Drivers and Restraints:

The market is driven by the growth of global golf courses and the growing awareness of quality and safety. The ever-increasing world population also supports the increasing demand for pesticides. Government regulations and consumer sentiment play a crucial role in the organic pesticide market. Strict legislation has been adopted in many countries to curb the use of pesticides to reduce environmental damage and increase consumer awareness of pesticide use, which is expected to help curb the growing demand for synthetic pesticides. The R & D costs associated with the new pesticides are also a major obstacle.

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Report segmented as

By Product Type:

  • Synthetic Pesticides
  • Synthetic Herbicides
  • Synthetic Insecticides
  • Synthetic Fungicides
  • Other Synthetic Pesticides
  • Bio-pesticides
  • Bio-herbicides
  • Bio-insecticides
  • Bio-fungicides
  • Other Bio-pesticides
  • Other Protection Products

By Type:

  • Turf
  • Ornamental

Geographical Analysis:

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 more extensive areas of golf courses and gardens, thereby justifying a faster-growing consumption of pesticides in these regions.

Important Market Players:

The leading 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 Biosciences Corp.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

About Us:

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