Sports Composites Market Growth Prospects till 2027
Stratview Research, a global market research firm announces the release of the report titled – Sports Composites Market which provides an in-depth analysis of the market dynamics, current and emerging trends, industry forecast, and competitive landscape.
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According to this report, the global Sports Composites Market is estimated to growth at a healthy CAGR of 5% by 2027.
Market Segments Analysis
The market researchers have studied the Sports Composites Market minutely for better understanding. The report consists of segment-wise details to assist the users in making suitable decisions for better growth opportunities. Below is the short piece of information -
Key Players
Aldila Inc.
Amer Sports
E. I. Du Pont De Nemours and Company
Fischer Sports GmbH
Hexion Inc.
Jarden Corporation
Topkey Corporation
Toray Industries Inc.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Sports Composites Market value and growth drivers over the trend period of 2022-27. According to the report -
Sports composites market is likely to witness an impressive CAGR of 7.2% during the forecast period. The growing number of patents sought for composites-based sporting goods by global companies, growing manufacturing sectors, and incessant new product unveilings, contracts, and development activities adopted by companies are the major drivers bolstering the growth of the global sports composites market.
Segment Analysis:
Based on Resin Type:
Based on the resin type, the market is segmented as epoxy resin, polyamide resin, polyurethane resin, polypropylene resin, and others. The epoxy resin segment is estimated to be the fastest-growing segment in the coming five years. The growth is attributed to its remarkable properties, such as elevated heat, mechanical, and electrical resistance.
Based on Region:
In terms of regions, Asia-Pacific is the largest market for sports composites and is estimated to depict the highest growth in the coming five years. China and India are the growth engines of the region. The market is driven by the growing demand for premium performance products in the skis & snowboards application segment, hassle-free availability of raw materials, and low-labor cost in the region. North America and Europe are also expected to offer considerable growth opportunities during the forecast period.
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What else are available in this report?
The answer lies in the TOC and other details. Take a sneak-peek into the TOCs of this report.
- Report Scope
- Report Objectives
- Research Methodology
- Market Segmentation
- Secondary Research
- Primary Research
- Breakdown of Primary Interviews by Region, Designation, and Value Chain
- Data Analysis and Triangulation
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About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
