The global Sports Composites Market growth is driven by increasing demand in food and beverage, personal care, home care, industrial and pharmaceutical applications. In addition, the market demand is on the rise as the demand for ready-to-eat foods increases due to busy schedules and changing consumer preferences for appropriate packaging options. In addition, the changing importance of decorative and stand-up packages in the retail industry is expected to increase the demand for the Sports Composites Market. However, market growth is limited by strict government regulations on polymer consumption and fluctuating polymer costs due to fluctuating petrochemical prices. Increasing R&D investment to innovate efficient design and improve utility among manufacturers is expected to revitalize spout and non-markets in the future. In particular, technological advancements and product innovations for infant foods with excellent flexibility, anti-puncture properties, ease of use, wide shelf life and cost effectiveness are expected to create new growth opportunities in the market.
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Sports Composites Market: Segmentation
By Resin Type:
• Epoxy
• Polyurethane
• Polyamide
• Polypropylene
• Others
By Fiber Type:
• Carbon
• Glass
• Others
By Application Type:
• Golf Clubs
• Hockey Sticks
• Rackets
• Bicycle
• Skis and Snowboards
• Others
Key Player
• Aldila, Inc.
• Amer Sports Oyj
• DuPont de Nemours, Inc.
• Entropy Resins, Inc.
• Fischer Sports GmbH
• Hexion Inc.
• Protech Composites
• Rockwood Composites Ltd.
• Saint-Gobain Vetrotex
• SGL Carbon SE
• Topkey Corporation
• Toray Industries, Inc.
• ZOLTEK Corporation
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)