The global Sports Composites Market size is estimated to be worth USD 5.74 billion by 2027, according to a new report by Million Insights. The market is anticipated to witness a substantial growth with a CAGR of 6.46% due to the rising demand for high-performance items for producing rigid and lightweight sporting goods.
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Market Synopsis of Sports Composites Market:
The increasing replacement of conventional steel with light-weight carbon fiber in sports clubs like golf clubs owing to higher commuting distance is likely to augment market growth from 2016 to 2027. Moreover, growing investment by players for the manufacturing of durable composites in producing sports equipment is anticipated to stimulate growth.
Carbon fiber is anticipated to observe the fastest growth by 2027 owing to its higher adoption for producing sports goods like rackets and hockey sticks. Advanced properties like impact absorption, weight reduction, durability and high tensile strength of the equipment provided by these materials are expected to boost demand in the near future.
Epoxy-based composites are likely to observe the fastest growth in the resin segment due to the high resistant characteristics which ensure its incorporation in snowboards and rackets manufacturing. These resins are extensively used with carbon fiber for producing bicycles, rackets and skis parts.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Sports Composites: Market Variables, Trends & Scope
Chapter 4 Sports Composites: Product Estimates & Trend Analysis
Chapter 5 Sports Composites: Application Estimates & Trend Analysis
Chapter 6 Sports Composites: End-use Estimates & Trend Analysis
Chapter 7 Sports Composites: Industrial End-use Estimates & Trend Analysis
Chapter 8 Sports Composites: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Sports Composites: Manufacturers Company Profiles
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