Carbon Fiber in Sports Equipment Market Analysis and Forecast by 2031

MARKET INTRODUCTION

Carbon fibers are highly preferred to manufacture sports equipment like rackets and sports sticks, majorly due to their exceptional properties such as lightweight, improved resistance, high strength to weight ratio, and stiffness. Carbon fibers are made up of almost 90% or more of carbon. Also, each carbon fiber filament has a diameter of 5-15 micron. Many parallel filaments are naturally and collectively grouped, and this is referred to as a carbon fiber tow.

MARKET DYNAMICS

The carbon fiber in sports equipment market has witnessed a significant growth owing to factors such as rising demand of material industry. Moreover, the growing use of lightweight carbon fibers in the manufacture of sports sticks and rackets provide a huge market opportunity for the key players operating in the carbon fiber in sports equipment market. However, availability of substitutes and counterfeit products is projected to hamper the overall growth of the carbon fiber in sports equipment market.

MARKET SCOPE

The "Global Carbon Fiber in Sports Equipment Market Analysis to 2031" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the carbon fiber in sports equipment market with detailed market segmentation type, application, and geography. The global carbon fiber in sports equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading carbon fiber in sports equipment market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global carbon fiber in sports equipment market is segmented on the basis of type and application. On the basis of type, the global carbon fiber in sports equipment market is divided into PAN-based, pitch-based and others. On the basis of application, the global carbon fiber in sports equipment market is divided into sports sticks, rackets, skis and snowboards and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global carbon fiber in sports equipment market based on various segments. It also provides marketsize and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The carbon fiber in sports equipment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the carbon fiber in sports equipment market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the carbon fiber in sports equipment market in these regions.

MARKET PLAYERS

The reports cover key developments in the carbon fiber in sports equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market pl ayers from carbon fiber in sports equipment market is anticipated to lucrative growth opportunities in the future with the rising demand for carbon fiber in sports equipment in the global market. Below mentioned is the list of few companies engaged in the carbon fiber in sports equipment market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the carbon fiber in sports equipment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Cytec Solvay Group
  
•   DowAksa
  
•   Mitsubishi Rayon
  
•   Nippon Graphite Fiber
  
•   SGL Group
  
•   Taekwang Industrial
  
•   Toray Industries
  
•   Weihei Tuozhan Fiber
  
•   Zhongfu Shenying Carbon Fiber
  
•   ZOLTEK Carbon Fiber
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Carbon Fiber in Sports Equipment Report Scope