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Advanced Sports Materials Market Share

Report ID: GMI10529
Published Date: Jul 2024
Report Format: PDF

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Advanced Sports Materials Market Share

BASF SE and DuPont de Nemours, Inc. hold a significant share in the market. BASF SE, a global leader in chemicals, offers a diverse range of high-performance polymers and composites that enhance the durability and functionality of sports gear. DuPont de Nemours, Inc. has a strong presence in the market with its advanced materials and technologies that cater to various sports applications. Their focus on innovation and quality has established them as a key player, particularly in developing cutting-edge materials for sportswear and equipment. Both companies leverage their extensive research and development capabilities to drive growth and maintain leadership in the evolving advanced sports materials sector.

Advanced Sports Materials Market Companies

Major players operating in the advanced sports materials industry are:

3M Company
BASF SE
DuPont de Nemours, Inc.
Hexcel Corporation
Mitsubishi Chemical Holdings Corporation
Teijin Limited
Toray Industries, Inc.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global advanced sports materials industry was valued at USD 2.55 million in 2023 and is anticipated to register over 5% CAGR between 2024 and 2032 due to the increasing demand for high-performance sports equipment and apparel.

The polymers segment in the market is expected to reach USD 1 billion by 2032 due to their versatility, lightweight, durable properties, and innovations in high-performance thermoplastics, composites, and smart polymers.

North America advanced sports materials market held 35% revenue share in 2023 driven by high disposable incomes and the strong consumer culture focused on sports and fitness.

3M Company, BASF SE, DuPont de Nemours, Inc., Hexcel Corporation, Mitsubishi Chemical Holdings Corporation, Teijin Limited, and Toray Industries, Inc.