Global Turf Grass and Turf Solutions market is valued $11,777.10 million in the year 2017 and is expected to grow at a CAGR of 5.5% from 2018 to 2023

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The Turf Grass and Turf Solutions Market is
estimated to hit 16277.4 million by 2023
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Americas continue to lead the market share and
growth during 2018-2023. Americas dominated turf
grass and turf solutions market followed by
Europe. Americas turf grass and turf solutions
market generated revenue of 4141 million in 2017
and is estimated to grow at a CAGR of 4.7 during
the forecast period and is expected to reach
5467.6 million by 2023. A growing number of
Turfs to trees programs have been established in
the U.S market for reforestation. These programs
are used to protect and improve habitat and water
quality by increasing forest cover by providing
incentives to landowners for conversion of excess
turfed areas to new forests. The turf glass
industry in the U.S. is expected to continue its
dominance during the forecast period owing to the
strong demand for development of residential and
commercial property, and rising affluence.
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Selected / Sample Analysis done in the full
Report
Among all the end-user, the residential segment
is dominating the market for Turf Grass and Turf
Solutions. It is valued at 5.444 billion in 2017
and is estimated to reach revenue of 7.841
billion by 2023 with an anticipated growth of
CAGR 6.1 during 2018-2023.
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4
Excerpts on Market Growth Factors

• Increasing awareness among people in maintaining
  sports facilities and home landscapes fuels the
  market growth for turf grass and turf solutions
  market.
• Rapid promotion of tourism, increasing area of
  land under golf courses and gardens is driving
  the market with significant growth and is
  expected the same in the forecast period.
• Rise in organic farming practices and application
  of PGRs in drought resistance results in
  increased demand for use of PGRs in turf grass
  and turf solutions market.
• Technological developments of seeds and turf
  grasses promising high quality yield to propel
  the turf grass and turf solutions market growth.

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Key Players of the Turf Grass and Turf Solutions
Market

• Watlow Electrical Manufacturing Company
•   Honeywell International Inc.
•   Instrumentation Dynatherm Inc.
•   Maxim Integrated Products Inc
•   Microchip Technology Ltd 

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