Global Carbon Fiber in Sports Equipment Market Growth 2023-2029

Global Carbon Fiber in Sports Equipment Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Carbon Fiber in Sports Equipment Industry Forecast” looks at past sales and reviews total world Carbon Fiber in Sports Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Carbon Fiber in Sports Equipment sales for 2023 through 2029. With Carbon Fiber in Sports Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Carbon Fiber in Sports Equipment industry.

This Insight Report provides a comprehensive analysis of the global Carbon Fiber in Sports Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Carbon Fiber in Sports Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Carbon Fiber in Sports Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Carbon Fiber in Sports Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Carbon Fiber in Sports Equipment.

The global Carbon Fiber in Sports Equipment market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Carbon Fiber in Sports Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
PAN-Based
Pitch-Based
Others

Segmentation by application
Sports Sticks
Rackets
Skis and Snowboards
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Carbon Fiber in Sports Equipment market?

What factors are driving Carbon Fiber in Sports Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Carbon Fiber in Sports Equipment market opportunities vary by end market size?

How does Carbon Fiber in Sports Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.