20th February 2020 – The Sports
Composites Market report provides in-depth analysis and insights into
developments impacting businesses and enterprises on global and regional level.
The study covers the global Sports Composites Market presentation regarding
revenue contribution from multiple segments and covers a comprehensive analysis
of key market trends, drivers, restraints, and opportunities influencing
revenue growth of the industry. This research report studies the market size,
industry status and forecast, competition landscape and growth opportunities.
The global Sports Composites Market was
appreciated at US$ 2.60 billion in the year 2015 and is anticipated to reach at
USD 4.58 billion by 2024. It is estimated to develop at a substantial CAGR for
the duration of the prediction. Increasing demand for tough materials in the
manufacture of hover boards, skis, and rackets is estimated to motivate the
progress over the prediction period. Furthermore, increasing spending on the
way to the improvement of new-fangled products that upsurge the strength and
set in golf clubs and hockey sticks, by means of decreasing the general
heaviness, is estimated to strengthen the demand for the carbon composites.
Additionally, growing usage of carbon fiber in the procedure of prepreg and
fabric in numerous sports uses, projected to increase demand.
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The sports composites market on the
source of Type of Application could span Snowboards& Skis, Rackets, Golf
Clubs, Bicycles, Hockey Sticks. The subdivision of bicycle is estimated to
observe greater development above the prediction period, because of growing
demand for the lightweight bicycles in leisure actions and in competitive
sports too. The growing demand for carbon reinforced bicycle frames owing to a
decline in price, projected to motivate the demand above the prediction period.
The growing usage of glass-reinforced
plastics by means of a protecting coating in snowboards and skis results in
enhanced control of the boards by the performers. Furthermore, the usage of
glass composites in skis outcomes in enhanced geometry, lesser price of the
apparatus and inferior cases of failures of bond , that are estimated to
motivate the progress of the market above the prediction period.
The European demand for the sports
composites, was prized by more than US$ 900 million during the year 2015. The
area was motivated by the existence of a great sum of sports composites
manufacturing companies; therefore growing the general accessibility of the
product by a reasonable rate. Furthermore, growing acceptance of tennis and
hockey in European nations such as France and Germany, estimated to motivate
the progress over the prediction period.
Some of the major objectives of this
report:
·
To present detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of global Sports Composites Market.
·
To provide insights about
factors affecting the market growth. To analyze the Sports Composites Market
based on various factors- price analysis, supply chain analysis, porter five
force analysis etc.
·
To provide historical and
forecast revenue of the Sports Composites Market segments and sub-segments with
respect to four main geographies and their countries- North America, Europe,
Asia, and Rest of the World.
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
Trace and analyze competitive
developments such as joint ventures, strategic alliances, mergers and acquisitions,
new product evolutions, and research and developments in the Market.
·
To present strategic profiling
of key players in the market, comprehensively analyzing their basic
capabilities.
Some
of the Major Market Players Are:
Aldila Inc., Toray Industries Inc.,
Jarden Composites, SGL Group, and Rossignol. Additional notable companies
operating in the market are Saint-Gobain Vetrotex, Protech Composites, Zoltek
Carbon Fibers, Entropy Resins Inc., Rockwood Composites Limited, Fischer Sports
GmbH, Top key Corporation, Amer Sports, and ProKennex.
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