Press release
Sports Composites Market 2024 Global Key Players Amer Sports Corporation, Rossignol, Fischer Sports, Saint-Gobain
Sports Composites Market
Composites have been primarily used in various industries including sports & recreation, aerospace, architecture, automotive, energy, marine, pipe & tank, transportation, etc. However, sports industry has been the primary market adopting the innovations in composite materials. Rising government investment to strengthen the sports profile of their respective countries will also help attain promising gains to the sports composites market size in the next few years.
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The alternatives to composites have been wood, steel, metals such as iron, aluminium, etc. The anisotropic nature of wood resulted in low resistance and the variation in properties and high moisture absorption provided various deformations. In case of aluminium, even small stresses could cause great fatigue. Composites can be up to 70% lighter compared to cast steel, whose single cubic foot weighs about 490 pounds. Carbon fibres are 70% lighter, 5 times stronger than steel and are 40% lighter than aluminium. Owing to the aforementioned factors, composites have been the most preferred materials in sports industry.
The anisotropy of composites allowed the inclusion of greater resistance in applications where it is very necessary, like skis and protective gear. Carbon fibres have been contributing to the highest preference amongst the other composites materials such as boron, titanium, ceramics, glass, and other composite alloys.
Based on the resin used, the sports composites market is divided into: epoxy, polyamide, polyurethane (PU), polypropylene (PP) and others such as thermoplastic (TP), polyethylene terephthalate (PET), etc. As per the type of fibre used, the sports composites market is classified as: carbon fiber, glass fibre, boron fibre others including: silicon carbide, carbide, acrylic, spandex, aramid, man-made fibres, etc.
According to the application the segmentation is observed as: golf shafts, hockey stick, rackets, bicycle frames, helmets, winter sports (skis, ski poles, snowboards, ski boots), water sports (paddles, windsurfing masts, kayaks) and other applications like (inline skates, hover boards, archery bows, harness racing, knee braces, racing car steering wheels, sports bike wheels, etc.
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Carbon fibre usage in sports equipment offer a controlled performance to the golfers, riders, skiers and other sportspersons. The boron fibre imparts good compressive properties and it is used as a raw material in the production of golf rods. Fibber glass is highly preferred in manufacture of kayaks. Yet, the sports composites market is probable to face the challenge of higher prices of advanced fibre materials as compared to metals in the forecast period. Also, any irregularity in the supply of raw materials would fluctuate the production rates.
In recent years, the developed North American and European countries have used their advantages in the field of materials and engineering technologies to the vast extents. North America with highest production capacity of carbon fiber is likely to be the most demanding region for the sports composites industry by 2024.
Asia Pacific will be the fastest growing region in sports composites market by 2024. The sports industry in India and China hold huge business potential, particularly in the fields of sponsorship, marketing, goods or apparel exports. Indian television sports viewership grew 30% in the year 2015 over the year 2014. The Indian sports industry was about USD 713 million in 2015 and bears huge growth aspects. The rising Indian sports industry coupled with increasing sports viewership will in turn propel the Asia Pacific sports composites market over the forecast period.
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Significant market players in resistant starch manufacturing include: Aldila Inc., Head Inc., Topkey Corporation, Amer Sports, Rossignol, Zoltek Carbon Fiber, Fischer Sports GmbH, Rockwood Composites Limited, Bell Helmets Inc., Protech Composites, Entropy Resins Inc., Saint-Gobain Vetrotex, Völkl Int. GmbH, Oxeon AB, United States Ski Pole Company, UST Mamiya, Paderson Shafts, TPT Golf Inc., Perception Kayaks, BMC Group Holding AG, etc.
The industry players have been gaining the competitive edge by incorporating innovative materials and refining their designs. Bell Helmets Inc. has reduced the weight of its top-of-the-line motorcycle racing helmet by 21%, using the carbon fiber reinforcement. The helmet shell was so thin, that the company could add more padding foam to its interior to enhance the rider’s safety.
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