Sports Composites Market- New Business Opportunities & Investment Research Report| Markets and Markets Study

The report "Sports Composites Market by Resin Type, by Fiber Type (Carbon, Glass, and Other Fibers), by Application (Golf Stick, Rackets, Bicycle, Hockey Stick, Skis & Snowboards, and Others), and by Region - Global Forecasts to 2021", The global sports composites market is projected to reach USD 3.75 Billion by 2021, registering a CAGR of 5.59% between 2016 and 2021. The major factors fueling the growth of the sports composites market are increasing use of lightweight materials in sporting goods equipment and growing demand of composites from golf stick and racket application segments.

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Golf stick application is expected to drive the sports composites market

Composites are being used to manufacture and produce golf club shafts and club heads as these materials offer lighter weight, a high tech image to a rather affluent market, and variety of design options that are not available with traditional steel material. The use of carbon fiber or boron fiber in the designing of golf shaft decreases the shaft mass, which allows the club designer to increase the head mass while still maintaining a low overall club mass. Providing a heavier club head while keeping a lower overall club mass helps the golfer to swing the club faster, resulting in increased carry distance. Thus, the innovation in the golf comprising lightweight shafts, oversized heads, and larger sweet spots have opened the game to broader group of players at numerous ability levels.
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