The global sports composites market was USD 2.73 Billion in 2015, registering a CAGR of 5.59% between 2016 and 2021. In this study, 2014 has been considered as the historical year, 2015 as the base year, and 2016-2021 as forecast period for estimating the market size of composites-based sporting goods. In this research report, the market for composites-based sporting goods has been categorized based on resin type, fiber type, application, and region and forecasts revenue growth and analysis of trends on each of the submarkets.
Different secondary sources such as company websites, encyclopedias, directories, and databases have been used to identify and collect information that is useful for this extensive commercial study of the global sports composites market.
The primary sources, which include experts from related industries have been interviewed to verify and collect critical information as well as to assess the future prospects of the market. The top-down approach has been implemented to validate the market size, in terms of value and volume. With the data triangulation procedure and validation of data through primaries, the exact values of the overall parent market size and individual market sizes have been determined and confirmed in this study.
The market of composites-based sporting goods have a diversified and established ecosystem of its upstream players such as the raw material suppliers and the downstream stakeholders such as manufacturers, vendors, end users, and government organizations. Most of the major players in the market for composites-based sporting goods have backward and forward integrated to strengthen their position in the prevailing market.
Some of the major raw material suppliers as well as manufacturers include Toray Industries Inc. (Japan), Teijin Limited (Japan), SGL Group (Germany), Hexion Inc. (U.S.), E. I. du Pont de Nemours and Company (U.S.), and others. The composite-based sporting goods manufacturers comprises Aldila Inc. (U.S.), Amer Sports (Finland), Jarden Composites (U.S.), Fischer Sports GmbH (Austria), Topkey Corporation (Taiwan), and Rossingol (France).
Industries: Sports & Leisure
Terms: Composite materials