The global composites in the global sporting goods market is projected to reach $0.7 billion by 2026 at a CAGR of 5.8% from 2021 to 2026. The growth of composites in the global sporting goods market is driven by increasing use of lightweight and high-performance materials in sports equipment.
Some of the Key Questions answered in
this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the composites in the
global sporting goods market by application (skis and snow boards, bicycle
parts, rackets, golf shafts and clubs, hockey sticks, fishing rods, and others),
reinforcement type (carbon fiber, glass fiber, and other), resin (epoxy,
polyamide, and other), process (prepreg layup, infusion, filament winding, wet
layup, and others), and region (North America, Europe, Asia Pacific, and Rest
of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the composites in the global sporting goods
market?
Q.4 What are some
changing demands of customers in the composites in the global sporting goods
market?
Q.5 What are the new
developments in the composites in the global sporting goods market? Which
companies are leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this composites in the global sporting
goods area and how big of a threat do they pose for loss of market share via
product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this composites in the global sporting
goods market?
Emerging trends, which
have a direct impact on the dynamics of the industry, include introduction of
hybrid materials for superior performance, and recycling in composites is
gaining momentum.
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Market Segmentation:
Based on reinforcement
type, the composites in the global sporting goods market is segmented into
carbon fiber, glass fiber, and other. The carbon fiber segment accounted for
the largest share of the market in 2020 and is expected to register the highest
CAGR during the forecast period, due to its increasing uses in various end use
industries.
APAC is expected to
remain the largest market by value and volume and it is also expected to
witness the highest growth over the forecast period because APAC became the
home for leading composite component manufactures for sporting goods industry.
Key Players in the
composites in the global sporting goods market are Mitsubishi, Toray, Toho
Tenax, Hexcel, and SGL.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/composites-in-sporting-goods-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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