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Composites in Sporting Goods Market Trends and Forecast

The future of composites in the global sporting goods market looks promising with opportunities in skis & snow boards, bicycle parts, rackets, golf shafts & clubs, hockey sticks, and fishing rods applications. The composites in the global sporting goods market is expected to reach an estimated $1.2 billion by 2028 with a CAGR of 5.9% from 2022 to 2028. The major drivers for this market are increasing use of lightweight and high-performance materials in sports equipment.
Composites in Sporting Goods Market by Application, Reinforcement, Resin, and Process

Emerging Trends in the Composites in Sporting Goods Market

Emerging trend, which has a direct impact on the dynamics of the industry, includes introduction of hybrid materials for superior performance, and recycling in composites is gaining momentum.
A total of 110 figures / charts and 88 tables are provided in this 183-page report to help in your business decisions. A sample figure with insights is shown below. 
Composites in Sporting Goods Market by Segments

Composites in Sporting Goods Market by Segment

The study includes a forecast for the composites in the global sporting goods market by application, reinforcement, resin, process, and region as follows:

Composites in Sporting Goods Market by Application [Value ($M) and Volume (M lbs) Shipment Analysis for 2017 – 2028]:

  • Skis and Snow Boards
  • Bicycle Parts
  • Rackets
  • Golf Shafts and Clubs
  • Hockey Sticks
  • Fishing Rods
  • Others

Composites in Sporting Goods Market by Reinforcement Type [Value ($M) and Volume (M lbs) Shipment Analysis for 2017 – 2028]:

Composites in Sporting Goods Market by Resin [Value ($M) and Volume (M lbs) Shipment Analysis for 2017 – 2028]:

Composites in Sporting Goods Market by Process [Value ($M) and Volume (M lbs) Shipment Analysis for 2017 – 2028]:

Composites in Sporting Goods Market by Region [Value ($M) and Volume (M lbs) Shipment Analysis for 2017 – 2028]:

  • North America
  • US
  • Europe
  • Germany
  • France
  • Asia Pacific
  • China
  • Japan
  • Taiwan
  • The Rest of the World
  • Brazil
  • South Africa

List of Composites Companies in Sporting Goods Market

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies composites in sporting goods industry companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the composites in sporting goods industry companies profiled in this report includes.
  • Mitsubishi Rayon Corporation Limited
  • Toray Industries Inc, 
  • Teijin Limited
  • Hexcel Corporation
  • SGL Carbon
  • Solvay

Composites in Sporting Goods Market Insight

  • Lucintel forecasts that golf shafts & clubs will remain the largest application segment over the forecast period composite shafts are more lightweight, allowing designers to increase the weight of the head of the club while keeping the total weight of the club low.
  • Carbon fiber will remain the largest segment and it is expected to witness the highest growth over the forecast period due to its increasing uses in various applications of sporting goods industry and several performance benefits, including lightweight and stiffness.
  • Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period because APAC became the home for leading composite component manufactures for sporting goods industry

Features of Composites in Sporting Goods Market

  • Market Size Estimates: Composites in sporting goods market size estimation in terms of value ($M) and volume (M lbs)
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Market size by application, reinforcement, resin, process, and region
  • Regional Analysis: Composites in sporting goods market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different application, reinforcement, resin, process, and region for the composites in sporting goods market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the composites in sporting goods market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model. 

FAQ

Q1. What is the composite in sporting goods market size?
Answer: The composites in the global sporting goods market is expected to reach an estimated $1.2 billion by 2028.         
Q2. What is the growth forecast for composites in sporting goods market?
Answer: The composites in sporting goods market is expected to grow at a CAGR of 5.9% from 2023 to 2028. 
Q3. What are the major drivers influencing the growth of the composites in sporting goods market?
Answer: The major drivers for this market are increasing use of lightweight and high-performance materials in sports equipment.
Q4. What are the major applications or end use industries for composites in sporting goods market?
Answer: Golf shafts & clubs and skis & snow boards are the major applications for composites in sporting goods.           
Q5. What are the emerging trends in composites in sporting goods market?
Answer: Emerging trend, which has a direct impact on the dynamics of the industry, includes introduction of hybrid materials for superior performance, and recycling in composites is gaining momentum.  
Q6. Who are the key composites in sporting goods industry companies?
Answer: Some of the key composites in sporting goods industry companies are as follows:
  • Mitsubishi Rayon Corporation Limited
  • Toray Industries Inc, 
  • Teijin Limited
  • Hexcel Corporation
  • SGL Carbon
  • Solvay
Q7.Which composites in sporting goods industry material segment will be the largest in future?
Answer: Lucintel forecasts that carbon fiber will remain the largest segment and it is expected to witness highest growth over the forecast period due to its increasing uses in various end use industries.
Q8: In composites in sporting goods market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to remain the largest region and witness the highest growth over next 5 years           
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 

This report answers following 11 key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the composites in the global sporting goods market by application (skis and snow boards, bicycle parts, rackets, golf shafts and clubs, hockey sticks, fishing rods, and others), reinforcement type (carbon fiber, glass fiber, and other), resin (epoxy, polyamide, and other), process (prepreg layup, infusion, filament winding, wet layup, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
 
For any questions related to composites in the global sporting goods market or related to composite in sporting goods market size, composite in sporting goods market analysis, composite in sporting goods suppliers, composite in sporting goods manufacturers, composite in sporting goods raw material, composite in sporting goods cost, composite in sporting goods market trend and forecast, composite in sporting goods application, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
 
Table of Contents
1. Executive Summary
 
2. Composites in the Global Sporting Goods Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends and Forecasts
3.2: Composites in the Global Sporting Goods Market Trends and Forecast
3.3 Composites in the Global Sporting Goods Market by Application
3.3.1: Skis & Snow Boards 
3.3.2: Bicycle Parts  
3.3.3: Rackets 
3.3.4: Golf Shafts & Clubs 
3.3.5: Hockey Sticks 
3.3.6: Fishing Rods  
3.3.7: Other Application 
3.4: Composites in the Global Sporting Goods Market by Reinforcement 
3.4.1: Carbon Fiber 
3.4.2: Glass Fiber 
3.4.3: Other Reinforcements 
3.5: Composites in the Global Sporting Goods Market by Resin
3.5.1: Epoxy 
3.5.2: Polyamide 
3.5.3: Other Resins
3.6: Composites in the Global Sporting Goods Market by Process
3.6.1: Prepreg Layup
3.6.2: Infusion 
3.6.3: Filament Winding
3.6.3: Wet Layup
3.6.3: Other Processes      
  
4. Market Trends and Forecast Analysis by Region 
4.1: Composites in the Global Sporting Goods Market by Region
4.2: Composites in the North American Sporting Goods Market Trends and Forecast
4.2.1: Composite in the United States Sporting Goods Market 
4.3: Composite in the European Sporting Goods Market Trends and Forecast
4.3.1: Composites in German Sporting Goods Market 
4.3.2: Composites in the French Sporting Goods Market 
4.4: Composites in the APAC Sporting Goods Market Trends and Forecast 
4.4.1: Composite in the Chinese Sporting Goods Market 
4.4.2: Composite in the Taiwanese Sporting Goods Market 
4.4.3: Composite in the Japanese Sporting Goods Market 
4.5 Composites in the APAC Sporting Goods Market Trends and Forecast 
4.5.1: Composite in the Brazilian Sporting Goods Market
4.5.2: Composite in the South African Sporting Goods Market
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Composites in the Global Sporting Goods Market by Application
6.1.2: Growth Opportunities for the Composites in the Global Sporting Goods Market by Reinforcement  
6.1.3: Growth Opportunities for the Composites in the Global Sporting Goods Market by Resin 
6.1.4: Growth Opportunities for the Composites in the Global Sporting Goods Market by Process  
6.1.5: Growth Opportunities for the Composites in the Global Sporting Goods Market by Region  
6.2: Emerging Trends in the Composites in Global Sporting Goods Market
6.3: Strategic Analysis
6.3.1: Mergers and Acquisitions
 
7. Company Profiles of Leading Players
7.1: Mitsubishi Chemical Corporation 
7.2: Toray Industries Inc.
7.3: Teijin Limited
7.4: Hexcel Corporation 
7.5: SGL Carbon
7.6: Solvay
.

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110 figures/charts and 88 tables are provided in this 183 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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