Carbon Fiber in Sports Equipment
Market
Carbon Fiber in Sports Equipment Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Carbon Fiber in Sports Equipment Market Size and Growth
The global market for carbon fiber in sports equipment is projected to reach $3.5 billion by 2025, with a CAGR of 6.2%. Factors driving growth include increasing demand for lightweight and high-performance sports equipment among athletes, coupled with advancements in carbon fiber technology. Key players in the market include Adidas, Nike, and Under Armour. Request
Companies Covered (Covid 19 Impact Covered)
◍ Hexcel
◍ SGL Group
◍ TEIJIN
◍ Toray Industries
◍ Cytec Solvay Group
◍ DowAksa
◍ Reliance Industries
◍ Nippon Graphite Fiber
◍ Taekwang Industrial
◍ Weihei Tuozhan Fiber
◍ ZOLTEK Carbon Fiber
◍ Zhongfu Shenying Carbon Fiber
The competitive landscape of Carbon Fiber in Sports Equipment Market includes companies like Hexcel, SGL Group, TEIJIN, Toray Industries, Cytec Solvay Group, DowAksa, Reliance Industries, Nippon Graphite Fiber, Taekwang Industrial, Weihei Tuozhan Fiber, ZOLTEK Carbon Fiber, and Zhongfu Shenying Carbon Fiber. These companies utilize carbon fiber to produce highperformance sports equipment, such as tennis rackets, golf clubs, and bicycles, leading to the growth of the market.
- Hexcel: $2.012 billion in sales revenue
- SGL Group: $1.200 billion in sales revenue
- TEIJIN: $1.763 billion in sales revenue
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