According to the recent study the composites in the global sporting goods market is projected to reach an estimated $1,526 million by 2030 from $768 million in 2023 at a CAGR of 10% from 2023 to 2030. Growth in this market is primarily driven by increasing use of lightweight and high-performance materials in sports equipment.
Browse 110 figures/charts
and 88 tables in this 183-page report to understand trends, opportunities and
forecast in 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 (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 the Rest of the World).
Lucintel forecasts that
golf shafts & clubs will remain the largest application segment over the
forecast period composite shafts are more lightweight, allowing designers to
increase the weight of the head of the club while keeping the total weight of
the club low.
Carbon fiber will remain
the largest segment and it is expected to witness the highest growth over the
forecast period due to its increasing uses in various applications of sporting
goods industry and several performance benefits, including lightweight and
stiffness.
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composites in the global sporting
goods market
Asia Pacific is expected
to remain the largest region and witness the highest growth over the forecast
period because APAC became the home for leading composite component
manufactures for sporting goods industry.
Major players of
composites in the global sporting goods market are adopting various growth
strategies like new product launches, expansions, merger and acquisitions,
partnerships, agreements, and collaborations to expand their presence in this
market. Mitsubishi Rayon Corporation Limited, Toray Industries Inc., Toho Tenax,
Hexcel Corporation, SGL Group, and Cytec Solvay Group are among the major
composites in the global sporting goods providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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