Global Sports Composites Market Analysis 2022
The Global Sports Composites Sports Composites Market is expected to reach $6.62 billion by 2028 growing at a CAGR of 6.8% from 2021 to 2028. Sports composites are the fibers used for manufacturing sports equipment to upsurge its strength, decrease the cost, and decrease its weight. A composite material is a combination of two or more materials and is used in sports equipment. It has an excellent shock absorption capacity, which is why it is commonly used as a raw material in the manufacturing of sports equipment.
Factors such as increasing demand for lightweight and high-performance sports equipment and growing demand for durable items in the manufacturing of skis, hover boards are driving the growth of the market. However, rising costs of raw and auxiliary materials increasing cost of composite resins and glass fiber are restraining the growth of the market.
Based on application, the bicycle segment is going to have a lucrative growth during the forecast period which can be attributed to the due to the increasing demand for lightweight bicycles in competitive sports as well as recreation activities. Moreover, substantial weight decrease advances bike control due to the use of carbon composites in the bicycle frames. Also, the increasing demand for carbon-reinforced bicycle frames due to a decrease in cost is expected to drive the demand over the forecast period. The increasing use of glass-reinforced plastics as a protective layer in skis and snowboards results in better control of the boards by the players. In addition, the use of glass composites in skis results in better geometry, lower equipment cost, and lower instances of bond failures which are expected to drive the market growth over the forecast period.
The key vendors mentioned are Amer Sports, ALDILA, Inc., Rossignol, Newell Brands, Ficher Sports, Topkey Corporation, Fujikura Composites, Callway Golf, True Temper, Prokennex, Toray Industries, Teijin Ltd., Hexion Inc., SGL Carbon.
Resin Types Covered:
- Vinyl Ester
- Polyurethane
- Polypropylene
- Polyamide
- Epoxy
- Wet Layup
- Prepreg Layup
- Infusion
- Filament Winding
- Fiber Glass
- Carbon Fiber
- Boron Fiber
- Other Products
- Skis & Snowboards
- Tennis Racquets
- Hockey Sticks
- Golf Sticks
- Fishing Rods
- Bicycles
- Frames
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
- How this market evolved since the year 2020
- Market size estimations, forecasts and CAGR for all the segments presented in the scope
- Key Market Developments and financials of the key players
- Opportunity Analysis for the new entrants
- SWOT Analysis of the key players
- Fastest growing markets analyzed during the forecast period
- 1 Market Synopsis
- 2 Research Outline
- 2.1 Research Snapshot
- 2.2 Research Methodology
- 2.3 Research Sources
- 2.3.1 Primary Research Sources
- 2.3.2 Secondary Research Sources
- 3 Market Dynamics
- 3.1 Drivers
- 3.2 Restraints
- 4 Market Environment
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Sports Composites Market, By Resin Type
- 5.1 Introduction
- 5.2 Vinyl Ester
- 5.3 Polyurethane
- 5.4 Polypropylene
- 5.5 Polyamide
- 5.6 Epoxy
- 6 Global Sports Composites Sports Composites Market, By Manufacturing Process
- 6.1 Introduction
- 6.2 Wet Layup
- 6.3 Prepreg Layup
- 6.4 Infusion
- 6.5 Filament Winding
- 7 Global Sports Composites Market, By Product
- 7.1 Introduction
- 7.2 Fiber Glass
- 7.3 Carbon Fiber
- 7.4 Boron Fiber
- 7.5 Other Products
- 8 Global Sports Composites Market, By Application
- 8.1 Introduction
- 8.2 Skis & Snowboards
- 8.3 Tennis Racquets
- 8.4 Hockey Sticks
- 8.5 Golf Sticks
- 8.6 Fishing Rods
- 8.7 Bicycles
- 8.8 Frames
- 9 Global Sports Composites Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.3 Europe
- 9.4 Asia Pacific
- 9.5 South America
- 9.6 Middle East & Africa
- 10 Strategic Benchmarking
- 11 Vendors Landscape
- 11.1 Amer Sports
- 11.2 ALDILA, Inc
- 11.3 Rossignol
- 11.4 Newell Brands
- 11.5 Ficher Sports
- 11.6 Topkey Corporation
- 11.7 Fujikura Composites
- 11.8 Callway Golf
- 11.9 True Temper
- 11.10 Prokennex
- 11.11 Toray Industries
- 11.12 Teijin Ltd
- 11.13 Hexion Inc
- 11.14 SGL Carbon
- List of Data Tables
- Table 1 Global Sports Composites Outlook, By Resin Type (2020-2028) ($MN)
- Table 2 Global Sports Composites Outlook, By Vinyl Ester(2020-2028) ($MN)
- Table 3 Global Sports Composites Outlook, By Polyurethane(2020-2028) ($MN)
- Table 4 Global Sports Composites Outlook, By Polypropylene(2020-2028) ($MN)
- Table 5 Global Sports Composites Outlook, By Polyamide(2020-2028) ($MN)
- Table 6 Global Sports Composites Outlook, By Epoxy(2020-2028) ($MN)
- Table 7 Global Sports Composites Outlook, By Manufacuring Process (2020-2028) ($MN)
- Table 8 Global Sports Composites Outlook, By Wet Layup(2020-2028) ($MN)
- Table 9 Global Sports Composites Outlook, By Prepreg Layup(2020-2028) ($MN)
- Table 10 Global Sports Composites Outlook, By Infusion(2020-2028) ($MN)
- Table 11 Global Sports Composites Outlook, By Filament Winding(2020-2028) ($MN)
- Table 12 Global Sports Composites Outlook, By Product (2020-2028) ($MN)
- Table 13 Global Sports Composites Outlook, By Fiber Glass(2020-2028) ($MN)
- Table 14 Global Sports Composites Outlook, By Carbon Fiber(2020-2028) ($MN)
- Table 15 Global Sports Composites Outlook, By Boron Fiber(2020-2028) ($MN)
- Table 16 Global Sports Composites Outlook, By Other Products(2020-2028) ($MN)
- 17 Global Sports Composites Outlook, By Application (2020-2028) ($MN)
- Table 18 Global Sports Composites Outlook, By Skis & Snowboards(2020-2028) ($MN)
- Table 19 Global Sports Composites Outlook, By Tennis Racquets(2020-2028) ($MN)
- Table 20 Global Sports Composites Outlook, By Hockey Sticks(2020-2028) ($MN)
- Table 21 Global Sports Composites Outlook, By Golf Sticks(2020-2028) ($MN)
- Table 22 Global Sports Composites Outlook, By Fishing Rods(2020-2028) ($MN)
- Table 23 Global Sports Composites Outlook, By Bicycles(2020-2028) ($MN)
- Table 24 Global Sports Composites Outlook, By Frames(2020-2028) ($MN)
- Table 25 North America Sports Composites Outlook, By Resin Type (2020-2028) ($MN)
- Table 26 North America Sports Composites Outlook, By Manufacuring Process (2020-2028) ($MN)
- Table 27 North America Sports Composites Outlook, By Product (2020-2028) ($MN)
- Table 28 North America Sports Composites Outlook, By Application (2020-2028) ($MN)
- Table 29 Europe Sports Composites Outlook, By Resin Type (2020-2028) ($MN)
- Table 30 Europe Sports Composites Outlook, By Manufacuring Process (2020-2028) ($MN)
- Table 31 Europe Sports Composites Outlook, By Product (2020-2028) ($MN)
- Table 32 Europe Sports Composites Outlook, By Application (2020-2028) ($MN)
- Table 33 Asia Pacific Sports Composites Outlook, By Resin Type (2020-2028) ($MN)
- Table 34 Asia Pacific Sports Composites Outlook, By Manufacuring Process (2020-2028) ($MN)
- Table 35 Asia Pacific Sports Composites Outlook, By Product (2020-2028) ($MN)
- Table 36 Asia Pacific Sports Composites Outlook, By Application (2020-2028) ($MN)
- Table 37 South America Sports Composites Outlook, By Resin Type (2020-2028) ($MN)
- Table 38 South America Sports Composites Outlook, By Manufacuring Process (2020-2028) ($MN)
- Table 39 South America Sports Composites Outlook, By Product (2020-2028) ($MN)
- Table 40 South America Sports Composites Outlook, By Application (2020-2028) ($MN)
- Table 41 Middle East & Africa Sports Composites Outlook, By Resin Type (2020-2028) ($MN)
- Table 42 Middle East & Africa Sports Composites Outlook, By Manufacuring Process (2020-2028) ($MN)
- Table 43 Middle East & Africa Sports Composites Outlook, By Product (2020-2028) ($MN)
- Table 44 Middle East & Africa Sports Composites Outlook, By Application (2020-2028) ($MN)
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