Sports Composites Market – Global Industry Analysis and Forecast (2023-2029)
Sports Composites Market Overview:
The recently published “Sports Composites Market” Report by Maximize Market Research is available in the market. Maximize Market research is an international business consultancy firm, serving large and medium size players across the world. It has got clients in the capital goods and automobile segments in more than 34 countries.
The research analyst has said that the APAC region is... moreSports Composites Market – Global Industry Analysis and Forecast (2023-2029)
Sports Composites Market Overview:
The recently published “Sports Composites Market” Report by Maximize Market Research is available in the market. Maximize Market research is an international business consultancy firm, serving large and medium size players across the world. It has got clients in the capital goods and automobile segments in more than 34 countries.
The research analyst has said that the APAC region is a lucrative opportunity for the Sports Composites market and components manufacturers for the next ten years. The impact of the market is normal after the Covid Lockdown has been analyzed in the report and the market is showing an upward trend even in the midst of an economic slowdown.
The report focuses on the major key drivers and restraints for key companies, as well as the current competitive benchmarking and development prospects. The report provides current Sports Composites market trends and future insights in terms of demand, supply chain, and sales, as well as recent changes in the market. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin & Sales by Product are all included in this Sports Composites market research report. For the competitive analysis, the report includes the profile of the key market players in the Sports Composites market including company overview, financial performance, product portfolio, and strategies. SWOT and PESTLE analysis were used for the research that combines quantitative and qualitative research methods.
Five categories make up the global sports composites market: polyurethane, epoxy, polyamide, polypropylene, and others. The qualities of polyamide resin are light weight, strength, resistance to corrosion, and improved energy transfer. It is utilized in the ice hockey stick's tape blade to make the stick lightweight while shielding the blade from the growing force of collisions during play. Consequently, during the projection period, the growing demand for ice hockey sticks is anticipated to fuel the growth of the Polyamide resin type.
The market for sports composites worldwide is divided into four categories: glass fiber, carbon fiber, boron fiber, and others (such as artificial, carbide, and silicon carbide fiber). Because carbon fiber is used so extensively in the manufacturing of sports equipment such as hockey sticks, golf sticks, bicycle frames, badminton racquets, and tennis racquets, it had a commanding 63% of the market share in 2022. Throughout the projection period, the utilization of cutting-edge technology in production is anticipated to propel expansion, and carbon fiber is readily available as a raw material. A thorough examination of every kind of fiber has also been included in the paper.
by Application
• Golf sticks
• Hockey sticks
• Racquets
• Bicycles
• Skies and Snowboards
• Windsurfing masts and boards
• Others
Six categories make up the worldwide sports composites market: racquets, golf sticks, hockey sticks, bicycles, skis and snowboards, windsurfing masts, and other boards. Strong increase is anticipated in the bicycle segment over the projection period. The growing demand for lightweight bicycles for both home use and participation in various international competitive events is the driving force behind the expansion. Carbon composites are used to reduce the weight of bicycles, making them easier for riders to manage and decreasing in value over time. By 2029, it is anticipated that these crucial factors would boost the demand for bicycles with carbon reinforcement. A thorough analysis of every application has also been included in the report.
Sports Composites Market Key Players:
• Aldila, Inc.
• Amer Sports Oyj
• E.I. DuPont de Nemours, Inc.
• Entropy Resins, Inc.
• Fischer Sports GmbH
• Hexion Inc.
• Protech Composites
• Rockwood Composites Ltd.
• Saint-Gobain Vetrotex
• SGL Carbon SE
• Topkey Corporation
• Toray Industries, Inc.
• ZOLTEK Corporation
• Jarden Corporation
• Rossignol
• Polyone
• Solvay
• Mitsubishi Chemical
• Owens Corning
• Zhongfu Shenying
• GW COMPOS
• Teijin
• Lanxess
• Rock West Composites
• Fujikura Composites, Inc.
• Others
The report on the Sports Composites Market's growth provides a detailed regional analysis. It demonstrates the most significant regional divides, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, has global influence. To keep ahead of the competition, market research gains a better perspective and understanding of the market and target audience.
Key Questions answered in the Sports Composites Market Report are:
What is Sports Composites Market?
What is the forecast period of the Sports Composites Market?
What is the competitive scenario of the Sports Composites market?
Which region held the largest market share in the Sports Composites Market?
What are the opportunities for the Sports Composites Market?
What factors are affecting the Sports Composites market growth?
Who are the key players of the Sports Composites market?
Which company held the largest share in the Sports Composites market?
What will be the CAGR of the Sports Composites market during the forecast period?
What key trends are likely to emerge in the Sports Composites market in the coming years?
Key offerings:
Market Share, Size, and Forecast by Revenue|2023-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Sports Composites Market
Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
