Carbon Fiber in Sports Equipment Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Carbon Fiber in Sports Equipment market including various factors related to and dependent influencing the market growth.
The high-strength, high modulus (stiffness) and light-weight properties of carbon fiber have taken sporting goods to the next level of performance. Golf shafts, racquets, skis, snowboards, hockey sticks, fishing rods, bats, and bicycles have all been advanced through carbon fiber reinforcements and the opportunities to further improve sporting good applications are boundless. The reason for using carbon fiber for sporting good applications is not only its light-weight and durable properties, but also the freedom it provides when designing highly-specific applications. The precise feeling and shape of a piece of equipment, which is critical to its performance, are easily achieved when working with carbon fiber materials.
Carbon fibers are highly preferred for the manufacture of sports equipment like rackets and sports sticks, majorly due to their exceptional properties such as light weight, improved resistance, high strength to weight ratio, and stiffness. With the increasing demand for advanced sports equipment, the requirement for carbon fibers to produce such advanced equipment is increasing substantially. Carbon fibers possess properties like fiber yield, consistent sizing content, and processing characteristics like low fuzz or even tow spreadability, which make them suitable for applications in the sports industry. Also, by using carbon fibers, the sports equipment manufacturers can control the tensile strength and the tensile modulus of the high-performance equipment.
North America accounted for over 35.0% of the revenue share in 2015 owing to high technological advancement leading to increasing use of composites for various sports equipment such as polo sticks and lacrosse sticks. Growing demand for artificial turf for American football, basketball courts, and golf is expected to drive growth over the forecast period.
Europe demand for sports composites was valued at over USD 900 million in 2015. The region is driven by the presence of a large number of sports composites manufacturers, thus increasing the widespread availability of the product at a competitive price. In addition, increasing adoption of hockey and tennis in European countries such as Germany and France is expected to drive growth over the forecast period.
Global Carbon Fiber in Sports Equipment market size will increase to xx Million US$ by 2030, from xx Million US$ in 2020, at a CAGR of xx% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Carbon Fiber in Sports Equipment.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Carbon Fiber in Sports Equipment market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Carbon Fiber in Sports Equipment market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Carbon Fiber in Sports Equipment market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Carbon Fiber in Sports Equipment Market:
The major competitors working in the market are:
, Hexcel, SGL Group, TEIJIN, Toray Industries, Cytec Solvay Group, DowAksa, Kemrock Industries and Exports, Nippon Graphite Fiber, Taekwang Industrial, Weihei Tuozhan Fiber, ZOLTEK Carbon Fiber, Zhongfu Shenying Carbon Fiber
Market by Order Type
PAN-Based
Pitch-Based
Others
Carbon Fiber in Sports Equipment Data by Application
Sports Sticks
Rackets
Skis and Snowboards
Others
Carbon Fiber in Sports Equipment Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Carbon Fiber in Sports Equipment market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Carbon Fiber in Sports Equipment Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Carbon Fiber in Sports Equipment market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Carbon Fiber in Sports Equipment market size and their forecasts
- To provide strategic profiles of the key players operating in the Carbon Fiber in Sports Equipment market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Carbon Fiber in Sports Equipment market
Target Audiences for Carbon Fiber in Sports Equipment Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
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