Minneapolis-based Your Boat Club (YBC) accepted a multimillion-dollar investment from Groupe Beneteau, a French boat manufacturer, for a 40% stake in YBC, according to the Minneapolis Star Tribune newspaper. YBC was launched in 2021 and is the largest privately-owned boat club in the world, offering more than 300 fishing boats and ski boats at 24 [...]
The Sailboat Sales Trends section of the National Marine Manufacturers Association (NMMA) 2020 U.S. Recreational Boating Statistical Abstract is now available on NMMA.org. This report includes production and retail unit sales data, export unit sales by length, import unit sales by length, estimated total annual retail sales and retail sales by length. Key insights from [...]
The Boat and Engine Exports and Imports section of the National Marine Manufacturers Association (NMMA) 2020 U.S. Recreational Boating Statistical Abstract is now available on NMMA.org. The report examines 24 years of historical data on the different categories of recreational boats and marine engines imported to and exported from the U.S. each year. Key insights [...]
The United States Coast Guard (USCG) and American Boat and Yacht Council (ABYC) are launching a new series of one-day events dedicated to mitigating the risk in designing and building recreational boats. The first event, USCG Risk Mitigation: Series 1—Regulations and Electrification, will be held virtually on Tuesday, November 9, 2021, and will focus on [...]
The National Marine Manufacturers Association (NMMA) reports new boat sales remained healthy through May, according to the latest New Powerboat Registration Report. Data shows retail unit sales of new powerboats were up 24 percent on a rolling 12-month (R12M) year-over-year (YOY) basis through May, reflecting the continued interest and demand for boating over the past [...]
According to a report by ResearchAndMarkets.com, the global antiviral fabric market is expected to grow at a significant rate in various end-use applications with a total addressable market size of $226.92 billion. Face masks are the leading segment in the antiviral fabric adoption rate during the forecast years of 2021-2026. Face masks accounted for the [...]
A new report published by market research firm Fact.MR says the global market for marine composites was valued at $4 billion (USD) in 2020 and is projected to top $5 billion by 2031, expanding at a compound annual growth rate of 6 percent. The study projects that demand for carbon fiber polymer matrix composites will [...]
According to a report by ResearchandMarkets.com, the global synthetic fibers market is expected to reach $85.07 billion in 2025, progressing at a CAGR of 7.39 percent between 2021–2025. The fastest-growing regional market is Asia Pacific due to a rising demand for clothing and an increasing demand for synthetic fibers in the automotive sector as [...]
Massachusetts Governor Charlie Baker recently signed the 2022 state budget, which includes $150,000 in funding for workforce development and career technical education initiatives within the recreational boating industry, according to a press release from the Massachusetts Marine Trades Association (MMTA). The funds were introduced via budget amendments sponsored in the House by Representative William Straus [...]
According to a report by ResearchAndMarkets.com, the global carbon fiber market is projected to grow from $3.7 billion in 2020 to $8.9 billion by 2031, at a CAGR of 8.6% between 2020 and 2031. Carbon fibers are popular in aerospace, civil engineering, military and motorsports due to their high tensile strength, low weight and high [...]
1801 County Road B W, Suite 100
Roseville, MN 55113-4052, USA
+1 651 222 2508
800 225 4324
1801 County Road B W, Suite 100
Roseville, MN 55113-4052, USA
+1 651 222 2508 | 800 225 4324
Copyright @ 2024 Advanced Textiles Association. All rights reserved.
Copyright @ 2024 Advanced Textiles Association. All rights reserved.
