Global Carbon Fiber In Sports Equipment Market, By Sports Type (Golf, Racquet Sports, Snowboarding & Skiing, Cycling, Hockey, Others), By Carbon Type (PAN-based, Pitch-based), By Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, Online), and opportunities and forecast 2020-2027
Covid-19 Impact on Carbon Fiber In Sports Equipment Market:
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Carbon Fiber In Sports Equipment Market Overview
The Global Carbon Fiber in Sports Equipment Market is expected to witness significant growth in the next few years. Carbon fiber is a lightweight polymer made up of carbon atoms and it is five times stronger than steel and twice stiff. Owing to its lightweight and incomparable strength it is very popular in aerospace, military, automotive, and sports equipment. In addition, sporting equipment such as golf shafts, tennis racquets, and carbon fiber bicycles are made up of carbon fiber. Therefore, technological advancement in the sporting goods industry is expected to boost the growth of the Global Carbon Fiber in the Sports Equipment Market in the forthcoming years.
In recent years, there has been remarkable activity in the market of watersports, particularly in the area of paddleboard fins. Many companies have started coming up with inventive composite designs, they designed new fin products aimed at reducing landfill waste. Hence, the increasing participation in watersports is projected to fuel the growth of Carbon Fiber in the Sports Equipment Market in the coming years.
However, the availability of substitutes and counterfeit products is projected to hamper the growth of market in the coming years.
Carbon Fiber In Sports Equipment Market Segment Overview
The carbon fibers used in the manufacturing of golf club shafts are primarily preferred due to their better swing and overall balance of the golf clubs. This key factor significantly contributing to the overall development of the Carbon Fiber In Sports Equipment Market in the forecast period.
In addition, both PAN and pitch can be made into precursor fibers. Pitch is usually more costly, as it is more difficult to make a fiber with it than PAN. Pitch is usually stiffer than PAN fibers. PAN is usually cheaper due to the wider variety of carbon fibers made from it. Hence, due to all these super properties of PAN, it is expected that this segment has significant growth in the market.
Additionally, vendor competition is expected to strengthen in the future in most of the developed countries, which would result in more consumption of carbon fibers in sports equipment and lowering of prices. This crucial factor contributing remarkably to the growth of carbon fiber in the sports equipment market in the forthcoming years.
Carbon Fiber In Sports Equipment Market, By Sports Type
Carbon Fiber In Sports Equipment Market Regional Overview
In terms of region, Asia Pacific is anticipated to dominate the market for carbon fiber in sports equipment during the forecast period. Factors such as availability of labor at a low cost, growing manufacturing industry, and increasing popularity of various sports such as golf, tennis, and badminton are expected to propel the growth of market in this region. Similarly, Europe is also anticipated to be a potential market for carbon fiber in sports equipment owing to high demand for bicycles in Sweden, Norway, and The Netherlands.
Carbon Fiber In Sports Equipment Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Carbon Fiber In Sports Equipment Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Carbon Fiber In Sports Equipment are highlighted below.
· In June 2021, Researchers at UL’s Bernal Institute have produced carbon fibre from waste bio-resources, paving the way in sustainable material production. This technology drastically reduces energy usage and carbon emissions during production, as well as the cost of carbon fibers.
Carbon Fiber In Sports Equipment Market, Key Players
Carbon Fiber In Sports Equipment Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Carbon Fiber In Sports Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Sports Type
5.2.1. Golf
5.2.2. Racquet Sports
5.2.3. Snowboarding & Skiing
5.2.4. Cycling
5.2.5. Hockey
5.2.6. Others
5.3. Market Analysis, Insights and Forecast – By Carbon Type
5.3.1. PAN-based
5.3.2. Pitch-based
5.4. Market Analysis, Insights and Forecast – By Distribution Channel
5.4.1. Specialty Stores
5.4.2. Supermarkets/Hypermarkets
5.4.3. Online
5.5. Market Analysis, Insights and Forecast – By Region
5.5.1. North America
5.5.2. Latin America
5.5.3. Europe
5.5.4. Asia Pacific
5.5.5. Middle East and Africa
6. North America Carbon Fiber In Sports Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Sports Type
6.2.1. Golf
6.2.2. Racquet Sports
6.2.3. Snowboarding & Skiing
6.2.4. Cycling
6.2.5. Hockey
6.2.6. Others
6.3. Market Analysis, Insights and Forecast – By Carbon Type
6.3.1. PAN-based
6.3.2. Pitch-based
6.4. Market Analysis, Insights and Forecast – By Distribution Channel
6.4.1. Specialty Stores
6.4.2. Supermarkets/Hypermarkets
6.4.3. Online
6.5. Market Analysis, Insights and Forecast – By Country
6.5.1. U.S.
6.5.2. Canada
7. Latin America Carbon Fiber In Sports Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Sports Type
7.2.1. Arthroscopy Implants
7.2.2. Golf
7.2.3. Racquet Sports
7.2.4. Snowboarding & Skiing
7.2.5. Cycling
7.2.6. Hockey
7.2.7. Others
7.3. Market Analysis, Insights and Forecast – By Carbon Type
7.3.1. PAN-based
7.3.2. Pitch-based
7.4. Market Analysis, Insights and Forecast – By Distribution Channel
7.4.1. Specialty Stores
7.4.2. Supermarkets/Hypermarkets
7.4.3. Online
7.5. Insights and Forecast – By Country
7.5.1. Brazil
7.5.2. Mexico
7.5.3. Rest of Latin America
8. Europe Carbon Fiber In Sports Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Sports Type
8.2.1. Golf
8.2.2. Racquet Sports
8.2.3. Snowboarding & Skiing
8.2.4. Cycling
8.2.5. Hockey
8.2.6. Others
8.3. Market Analysis, Insights and Forecast – By Carbon Type
8.3.1. PAN-based
8.3.2. Pitch-based
8.4. Market Analysis, Insights and Forecast – By Distribution Channel
8.4.1. Specialty Stores
8.4.2. Supermarkets/Hypermarkets
8.4.3. Online
8.5. Market Analysis, Insights and Forecast – By Country
8.5.1. UK
8.5.2. Germany
8.5.3. France
8.5.4. Italy
8.5.5. Spain
8.5.6. Russia
8.5.7. Rest of Europe
9. Asia Pacific Carbon Fiber In Sports Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Sports Type
9.2.1. Golf
9.2.2. Racquet Sports
9.2.3. Snowboarding & Skiing
9.2.4. Cycling
9.2.5. Hockey
9.2.6. Others
9.3. Market Analysis, Insights and Forecast – By Carbon Type
9.3.1. PAN-based
9.3.2. Pitch-based
9.4. Market Analysis, Insights and Forecast – By Distribution Channel
9.4.1. Specialty Stores
9.4.2. Supermarkets/Hypermarkets
9.4.3. Online
9.5. Market Analysis, Insights and Forecast – By Country
9.5.1. China
9.5.2. India
9.5.3. Japan
9.5.4. Australia
9.5.5. South East Asia
9.5.6. Rest of Asia Pacific
10. Middle East & Africa Carbon Fiber In Sports Equipment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
10.1. Key Findings / Summary
10.2. Market Analysis, Insights and Forecast – By Sports Type
10.2.1. Golf
10.2.2. Racquet Sports
10.2.3. Snowboarding & Skiing
10.2.4. Cycling
10.2.5. Hockey
10.2.6. Others
10.3. Market Analysis, Insights and Forecast – By Carbon Type
10.3.1. PAN-based
10.3.2. Pitch-based
10.4. Market Analysis, Insights and Forecast – By Distribution Channel
10.4.1. Specialty Stores
10.4.2. Supermarkets/Hypermarkets
10.4.3. Online
10.5. Market Analysis, Insights and Forecast – By Country
10.5.1. GCC
10.5.2. South Africa
10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
11.1. Company Market Share Analysis, 2018
11.2. Key Industry Developments
11.3. Company Profile
11.4. Hexcel
11.4.1. Business Overview
11.4.2. Segment 1 & Service Offering
11.4.3. Overall Revenue
11.4.4. Geographic Presence
11.4.5. Recent Development
*Similar details will be provided for the following companies
11.5. SGL Group
11.6. TEIJIN
11.7. Toray Industries
11.8. Cytec Solvay Group
11.9. DowAksa
11.10. Reliance Industries
11.11. Nippon Graphite Fiber
11.12. Taekwang Industrial
11.13. Weihei Tuozhan Fiber
11.14. ZOLTEK Carbon Fiber
List of Figures
Figure 1: Global Carbon Fiber In Sports Equipment Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Carbon Fiber In Sports Equipment Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Carbon Fiber In Sports Equipment Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Carbon Fiber In Sports Equipment Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Carbon Fiber In Sports Equipment Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Carbon Fiber In Sports Equipment Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Carbon Fiber In Sports Equipment Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Carbon Fiber In Sports Equipment Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Carbon Fiber In Sports Equipment Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Carbon Fiber In Sports Equipment Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Carbon Fiber In Sports Equipment Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Carbon Fiber In Sports Equipment Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Carbon Fiber In Sports Equipment Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Market Revenue (USD Billion) Forecast, by Country, 2016-2027