Sports Composites Global Market Report 2023

Description

“Sports Composites Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on sports composites market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for sports composites? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The sports composites market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

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

Companies Mentioned: Ficher Sports; Topkey Corporation; Toray Industries; Teijin Ltd.; Hexion Inc.,

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Executive Summary

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, Newell Brands, Sree Industrial Composite Products, EPP Composites, and Bucci Composites.

The global sports composites market grew from $3.27 billion in 2022 to $3.52 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sports composites market is expected to grow to $4.51 billion in 2027 at a CAGR of 6.4%.

The sports composites market consists of sales of polymer matrix composites (PMCs), metal matrix composites (MMCs), ceramic matrix composites (CMCs), and carbon matrix composites (CAMCs). Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Sports composites are fibers that are used to improve the strength of sports equipment, decrease its weight, and reduce its cost. Composites reduce the weight of the helmet that protects motorcyclists. They are used to upgrade sports equipment and protect athletes from injury.

North America was the largest region in the sports composites market in 2022. 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 and Africa.

The main types of fibers in sports composites are carbon, glass, and others. Carbon sports composites are widely used in the production of sports equipment such as sports sticks and rackets, owing to their advanced qualities such as being a lightweight, high strength-to-weight ratio, increased resistance, and stiffness. This is also called graphite fiber. The various resin types include epoxy, polyamide, polyurethane, and polypropylene, which are used in numerous applications such as golf sticks, rackets, bicycles, hockey sticks, skis and snowboards.

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.

Technological advancements 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 technological products to sustain their position. For instance, in 2020, Aldila, a US-based company that manufactures sports equipment, launched ALDILA ASCENT, an ultra-light golf shaft series. This model delivers an easy, high launch angle and also helps in controlling spin and face deflection for a higher ball flight with long descent roll out. It also has FlyDrive Technology, which is a full-length Visco-Elastic Isolation Layer (VEIL) that boosts the shaft's resistance to ovaling while improving overall strength and feel.

In April 2022, Kordsa, a Turkey-based company providing reinforcement technologies for automobiles, airplanes, motorcycles, and agricultural and industrial tires, acquired the majority of the share of Microtex Composites for a deal amount of € 24.6 million euros ($25.2 million). With this acquisition, Kordsa aims to diversify its product offering and expand its client base, and its service offering in the automotive and motorsport industries. Microtex Composites is an Italy-based company that specializes in the production of a composite including carbon fiber for automotive, motorsport, marine, and transport.

The countries covered in the sports composites market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The sports composites market research report is one of a series of new reports from The Business Research Company that provides sports composites market statistics, including global market size, regional shares, competitors with a sports composites market share, detailed sports composites market segments, market trends and opportunities, and any further data you may need to thrive in the sports composites industry. This sports composites market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Product Code: r3980

1. Executive Summary

2. Sports Composites Market Characteristics

3. Sports Composites Market Trends And Strategies

4. Sports Composites Market - Macro Economic Scenario

4.1 COVID-19 Impact On Sports Composites Market
4.2 Ukraine-Russia War Impact On Sports Composites Market
4.3 Impact Of High Inflation On Sports Composites Market

5. Sports Composites Market Size And Growth

5.1. Global Sports Composites Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
5.2. Global Sports Composites Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market

6. Sports Composites Market Segmentation

6.1. Global Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Carbon
Glass
Other Fibers
6.2. Global Sports Composites Market, Segmentation By Rasin Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Epoxy
Polyamide
Polyurethane
Polypropylene
6.3. Global Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Golf Sticks
Rackets
Bicycles
Hockey Sticks
Skis and Snowboards

7. Sports Composites Market Regional And Country Analysis

7.1. Global Sports Composites Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Sports Composites Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Sports Composites Market

8.1. Asia-Pacific Sports Composites Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8.3. Asia-Pacific Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Sports Composites Market

9.1. China Sports Composites Market Overview
9.2. China Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Sports Composites Market

10.1. India Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Sports Composites Market

11.1. Japan Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Sports Composites Market

12.1. Australia Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Sports Composites Market

13.1. Indonesia Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Sports Composites Market

14.1. South Korea Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Sports Composites Market

15.1. Western Europe Sports Composites Market Overview
15.2. Western Europe Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Sports Composites Market

16.1. UK Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Sports Composites Market

17.1. Germany Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Sports Composites Market

18.1. France Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Sports Composites Market

19.1. Eastern Europe Sports Composites Market Overview
19.2. Eastern Europe Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Sports Composites Market

20.1. Russia Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Sports Composites Market

21.1. North America Sports Composites Market Overview
21.2. North America Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Sports Composites Market

22.1. USA Sports Composites Market Overview
22.2. USA Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Sports Composites Market

23.1. South America Sports Composites Market Overview
23.2. South America Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Sports Composites Market

24.1. Brazil Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Sports Composites Market

25.1. Middle East Sports Composites Market Overview
25.2. Middle East Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Sports Composites Market

26.1. Africa Sports Composites Market Overview
26.2. Africa Sports Composites Market, Segmentation By Fiber, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Sports Composites Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Sports Composites Market Competitive Landscape And Company Profiles

27.1. Sports Composites Market Competitive Landscape
27.2. Sports Composites Market Company Profiles
- 27.2.1. Ficher Sports
  - 27.2.1.1. Overview
  - 27.2.1.2. Products and Services
  - 27.2.1.3. Strategy
  - 27.2.1.4. Financial Performance
- 27.2.2. Topkey Corporation
  - 27.2.2.1. Overview
  - 27.2.2.2. Products and Services
  - 27.2.2.3. Strategy
  - 27.2.2.4. Financial Performance
- 27.2.3. Toray Industries
  - 27.2.3.1. Overview
  - 27.2.3.2. Products and Services
  - 27.2.3.3. Strategy
  - 27.2.3.4. Financial Performance
- 27.2.4. Teijin Ltd.
  - 27.2.4.1. Overview
  - 27.2.4.2. Products and Services
  - 27.2.4.3. Strategy
  - 27.2.4.4. Financial Performance
- 27.2.5. Hexion Inc.
  - 27.2.5.1. Overview
  - 27.2.5.2. Products and Services
  - 27.2.5.3. Strategy
  - 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Sports Composites Market

29. Sports Composites Market Future Outlook and Potential Analysis

30. Appendix

30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer