Sports Composites Market Analysis, Share & Forecast | 2022-2031

The global sports composites market report by the business research company the rising sports industry to be a major growth driver for the sports composites market. The sports industry refers to an industry in which people, activities, and organizations are involved in producing, facilitating, promoting, or organizing any activities that are focused on sports. Sports composites are used to make lightweight sports equipment. For instance, in 2021, according to GroupM ESP, an India-based media investment management company, in 2021, the Indian sports business invested $1.22 billion, representing a 62% increase over the previous year. In addition, media spending on cricket climbed by 8.1% in 2021 to $728.6 million, up from $673.8 million in 2019. Therefore, the rising sports industry is driving the growth of the sports composites market.

The global sports composites market size is expected to grow from $3.01 billion in 2021 to $3.25 billion in 2022 at a compound annual growth rate (CAGR) of 8%. The global sports composites market size is expected to reach $4.11 billion in 2026 at a CAGR of 6.1%.

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North America was the largest region in the sports composites market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global sports composites market during the forecast period. The regions covered in the global sports composites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the sports composites market are Ficher Sports, Topkey Corporation, Toray Industries, Teijin Ltd., Hexion Inc., SGL Carbon SE, Fujikura Composites, Callway Golf, True Temper, Prokennex.

The global sports composites market is segmented -
1) By Fiber: Carbon, Glass, Other Fibers
2) By Resin Type: Epoxy, Polyamide, Polyurethane, Polypropylene
3) By Application: Golf Sticks, Rackets, Bicycles, Hockey Sticks, Skis and Snowboards.

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The Sports Composites Market Report Contents Include
1. Executive Summary
2. Sports Composites Market Characteristics
3. Sports Composites Market Trends And Strategies
4. Impact Of COVID-19 On Sports Composites
5. Sports Composites Market Size And Growth
....
26. Africa Sports Composites Market
27. Sports Composites Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sports Composites Market
29. Sports Composites Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the Sports Composites market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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