Global Carbon Fiber in Sports Equipment Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Carbon Fiber in Sports Equipment market size was valued at USD 868.1 million in 2023 and is forecast to a readjusted size of USD 1079.2 million by 2030 with a CAGR of 3.2% during review period.
The high-strength, high modulus (stiffness) and light-weight properties of carbon fiber have taken sporting goods to the next level of performance. Golf shafts, racquets, skis, snowboards, hockey sticks, fishing rods, bats, and bicycles have all been advanced through carbon fiber reinforcements and the opportunities to further improve sporting good applications are boundless. The reason for using carbon fiber for sporting good applications is not only its light-weight and durable properties, but also the freedom it provides when designing highly-specific applications. The precise feeling and shape of a piece of equipment, which is critical to its performance, are easily achieved when working with carbon fiber materials.
Carbon fibers are highly preferred for the manufacture of sports equipment like rackets and sports sticks, majorly due to their exceptional properties such as light weight, improved resistance, high strength to weight ratio, and stiffness. With the increasing demand for advanced sports equipment, the requirement for carbon fibers to produce such advanced equipment is increasing substantially. Carbon fibers possess properties like fiber yield, consistent sizing content, and processing characteristics like low fuzz or even tow spreadability, which make them suitable for applications in the sports industry. Also, by using carbon fibers, the sports equipment manufacturers can control the tensile strength and the tensile modulus of the high-performance equipment.
North America accounted for over 35.0% of the revenue share in 2015 owing to high technological advancement leading to increasing use of composites for various sports equipment such as polo sticks and lacrosse sticks. Growing demand for artificial turf for American football, basketball courts, and golf is expected to drive growth over the forecast period.
Europe demand for sports composites was valued at over USD 900 million in 2015. The region is driven by the presence of a large number of sports composites manufacturers, thus increasing the widespread availability of the product at a competitive price. In addition, increasing adoption of hockey and tennis in European countries such as Germany and France is expected to drive growth over the forecast period.
The Global Info Research report includes an overview of the development of the Carbon Fiber in Sports Equipment industry chain, the market status of Sports Sticks (PAN-Based, Pitch-Based), Rackets (PAN-Based, Pitch-Based), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Carbon Fiber in Sports Equipment.
Regionally, the report analyzes the Carbon Fiber in Sports Equipment markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Carbon Fiber in Sports Equipment market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Carbon Fiber in Sports Equipment market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Carbon Fiber in Sports Equipment industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., PAN-Based, Pitch-Based).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Carbon Fiber in Sports Equipment market.
Regional Analysis: The report involves examining the Carbon Fiber in Sports Equipment market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Carbon Fiber in Sports Equipment market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Carbon Fiber in Sports Equipment:
Company Analysis: Report covers individual Carbon Fiber in Sports Equipment manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Carbon Fiber in Sports Equipment This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Sports Sticks, Rackets).
Technology Analysis: Report covers specific technologies relevant to Carbon Fiber in Sports Equipment. It assesses the current state, advancements, and potential future developments in Carbon Fiber in Sports Equipment areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Carbon Fiber in Sports Equipment market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Carbon Fiber in Sports Equipment market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
PAN-Based
Pitch-Based
Others
Market segment by Application
Sports Sticks
Rackets
Skis and Snowboards
Others
Major players 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
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Carbon Fiber in Sports Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Carbon Fiber in Sports Equipment, with price, sales, revenue and global market share of Carbon Fiber in Sports Equipment from 2019 to 2024.
Chapter 3, the Carbon Fiber in Sports Equipment competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Carbon Fiber in Sports Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Carbon Fiber in Sports Equipment market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Carbon Fiber in Sports Equipment.
Chapter 14 and 15, to describe Carbon Fiber in Sports Equipment sales channel, distributors, customers, research findings and conclusion.