Sports Composite Market Estimated to Experience a Hike in Growth by 2027

Composites are combination of two or more materials. The physical properties of these composites are more enhanced than the individual ingredient of the composite. Sports composites carve high performing and lightweight sports equipment with precision which gives an extra edge to its requirement in present-day scenario. Lighter sports equipment is way easier to carry especially in sports like golf, hockey, etc. Thus sports composite are specially designed to produce lighter sports equipment. Equipment made by carbon fiber is in trend because sports like hockey, tennis, badminton and bicycle race needs lighter equipment.

The sports composite market is growing at a significant pace owing to driving factors such as growing demand for lightweight sports equipment. The high cost of carbon fiber may hinder the growth of the sports composite market. Awareness of people towards fuel less transport like bicycles may create an opportunity for the sports composite market.

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MARKET SEGMENTATION
The sports composite market is segmented on the basis of type and application. On the basis of resin type, the sports composite market is segmented into, epoxy, polyurethane, polyamide, polypropylene, others. On the basis of fiber type, the sports composite market is segmented into, carbon, glass, and others. On the basis of application, the sports composite market is bifurcated into, golf clubs, hockey sticks, rackets, bicycle, skis and snowboards, and, others.

MARKET PLAYERS

• Aldila Inc.
• Amer Sports
• Fischer Sports GmbH
• Jarden Corporation
• Rossignol
• Topkey Corporation
• E. I. Du Pont De Nemours and Company
• Hexion Inc.
• SGL Group
• Toray Industries Inc.