Press release
Sports Composites Global Market to Grow $5.14 Billion at a Surprising CAGR of 7.7% By 2028 | Amer Sports, ALDILA Inc., Fiberon LLC, Hexion Inc., Toray Industries Inc.
Sports Composites Global Market
Sports Composites Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $5.14 billion In 2028 At A CAGR Of 7.7% :
The sports composites market size has grown strongly in recent years. It will grow from $3.54 billion in 2023 to $3.81 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to weight reduction, high strength-to-weight ratio, increased sports participation.
The sports composites market size is expected to see strong growth in the next few years. It will grow to $5.14 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to rising demand for carbon fiber composites, focus on sustainability, emerging sports trends, increasing sports investment. Major trends in the forecast period include material advancements, customization, innovative manufacturing technologies.
Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=6733&type=smp
Sports Composites Market Major Segments
The sports composites market covered in this report is segmented -
1) By Fiber: Carbon, Glass, Other Fibers
2) By Rasin Type: Epoxy, Polyamide, Polyurethane, Polypropylene
3) By Application: Golf Sticks, Rackets, Bicycles, Hockey Sticks, Skis and Snowboards
Key Driver - Growth Of Sports Industry Fuels Expansion In Sports Composites Market
The rising sports industry is expected to propel the growth of the sports composites market going forward. 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.
Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=6733&type=smp
Prominent Trend - Product Innovation Revolutionize The Sports Composites Market
Product innovation have emerged as a key trend gaining popularity in the sports composite market. Major companies operating in the sports composites sector are focused on introducing new products to sustain their position. For instance, in February 2021, Teijin Ltd., a Japan-based composites manufacturer, launched Tenax PW (power series) and Tenax BM (beam series) brands of carbon fiber intermediate materials for sports applications. Tenax PW is an advanced aircraft-quality material that increases power and speed due to its remarkable endurance and toughness. It is constructed of high-tenacity, high tensile modulus resin. Additionally, Tenax PW is said to maintain a compressive strength that is higher than Teijin's regular carbon fiber prepregs while suppressing and absorbing impact pressures to reduce and localize damage after impact. Tenax BM is an additional cutting-edge material. It is perfect for applications requiring flexibility and resistance to thermal expansion because of its high stiffness, straightness, operability, and stability.
Sports Composites Market Players
Major companies operating in the sports composites market report are Fischer Sports GmbH, Callaway legally Topgolf Callaway Brands Corp., Skis Rossignol S. A., Rockman Cycles limited, Rock West Composites Inc., Mitsubishi Chemical Carbon Fiber and Composites Inc., Jarden Corporation, Hexcel Corporation, Exel Composites Oyj, EPSILON Composite SA, Du Pont De Nemours Inc., Dexcraft Sp. z o. o., Composite Technology Development Inc., Composite Horizons LLC, Composite Engineering Inc., Composite Advantage LLC, Celanese Corporation, Carbon Composites e. V., Amer Sports, ALDILA Inc., Fiberon LLC,True Temper Sports, Toray Industries Inc., Topkey Corporation, Teijin Limited, SGL Carbon Pvt. Ltd., ProKennex, Newell Brands Inc., Hexion Inc., Fujikura Composites Inc.,
View The Full Report Here - https://www.thebusinessresearchcompany.com/report/sports-composites-global-market-report
Largest And Fastest Growing Region In The Market
North America was the largest region in the sports composites market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sports composites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Sports Composites Market Report Structure
3. Sports Composites Market Trends And Strategies
4. Sports Composites Market - Macro Economic Scenario
5. Sports Composites Market Size And Growth
…..
27. Sports Composites Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sports Composites Global Market to Grow $5.14 Billion at a Surprising CAGR of 7.7% By 2028 | Amer Sports, ALDILA Inc., Fiberon LLC, Hexion Inc., Toray Industries Inc. here
News-ID: 3545105 • Views: …
More Releases from The Business research company
Technological Advancements With App Based Subscription Programs Industry Trends …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Car Washing Service Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the car washing service market size has been expanding at a consistent rate. It is projected that from $30.1 billion in 2024, it will surge to $30.75 billion in 2025, with…
Major Growth Driver Identified in 2025 Well Intervention Market: Rising Energy D …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Well Intervention Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the well intervention market has seen consistent growth over the past few years. The market, which will increase from $9.39 billion in 2024 to $9.84 billion in 2025 at a compound annual…
Growing E-Commerce Sector Fuels Demand For Telephone Call Centers: Critical Driv …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Telephone Call Centers Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for telephone call centers has seen a slight rise in recent years. The market value is predicted to increase from $136.61 billion in 2024 to $138.62 billion in 2025, maintaining a compound…
Private Household Services Market Expansion Continues, with Forecast Valuation o …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Private Household Services Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a significant expansion in the private household services market size in the past few years. This market will see an escalation from $321.58 billion in 2024 to $351.99 billion in 2025,…
More Releases for Composite
Composite Rebar Market
The "Composite Rebar Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Composite Rebar Market, 2024-2031
Verified Market Research's most recent report, "Composite Rebar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Construction Composite Market: Building for the Future with Advanced Composite M …
Coherent Market Insights added the statistic report, titled "Construction Composite Market Recent Trends, In-depth Analysis, Size and Forecast 2023-2030". The Construction Composite report includes an overview of the competitive landscape, geographic segmentation, innovation, and future developments, as well as a collection of tables and data. An examination of the competitive landscape reveals information about each vendor, including company profile, total revenue (financials), market potential, global presence, revenue, market share, pricing,…
Composite Core Mastery: Unleashing the Potential of Advanced Core Materials in C …
Core Material for Composites Market 2023 Forecast: Unveiling Opportunities and Growth
Core Material for Composites Market research report helps to recognize the market challenges and opportunities. Global Core Material for Composites Market report contains the recent forecast research for the predicted period. The report extensively offers the latest information about the technological developments and market growth prospect on the basis of the regional landscape. This Report offers a complete evaluation of…
Composite Resin
According to a new market research report published by Global Insight Services "Composite Resin Market" is expected to grow by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Download Sample of Report : https://www.globalinsightservices.com/request-sample/GIS20852
Composite resin…
Assured Composite® Presents the Best of Composite Decking
Assured Composite® ensures customer happiness by providing high-quality wood plastic composite decking, to consumers across the United Kingdom and beyond.
Leicestershire, England - UK | January 25, 2022 -- Customer satisfaction is ensured by Assured Composite®, which provides high-quality wood plastic composite decking, to customers in the United Kingdom and beyond. Because of their forward-thinking staff's attention to efficiency, quality, and customer service, customers can anticipate a hassle-free end-to-end solution at…
Global Wind Turbine Composite Materials Market, Global Wind Turbine Composite Ma …
The wind turbine composite material forms an important component of wind turbine for the production of turbine rotor blade. This composite material is made up of matrix & fiber to provide physical strength and distributes loads in composite. The matrix material acts as a binder and maintains spacing of the fiber material, therefore protecting the fiber from environmental & abrasion damage. The composite material manufactured from the fortification of matrix…
