Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Carbon Fiber in Sports Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Carbon Fiber in Sports Equipment. This report contains market size and forecasts of Carbon Fiber in Sports Equipment in global, including the following market information:
Global Carbon Fiber in Sports Equipment Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Carbon Fiber in Sports Equipment Market Sales, 2018-2023, 2024-2032, (K MT)
Global top five Carbon Fiber in Sports Equipment companies in 2022 (%)
The global Carbon Fiber in Sports Equipment market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Carbon Fiber in Sports Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Carbon Fiber in Sports Equipment Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Carbon Fiber in Sports Equipment Market Segment Percentages, by Type, 2022 (%)
PAN-Based
Pitch-Based
Others
Global Carbon Fiber in Sports Equipment Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Carbon Fiber in Sports Equipment Market Segment Percentages, by Application, 2022 (%)
Sports Sticks
Rackets
Skis and Snowboards
Others
Global Carbon Fiber in Sports Equipment Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Carbon Fiber in Sports Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Carbon Fiber in Sports Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Carbon Fiber in Sports Equipment revenues share in global market, 2022 (%)
Key companies Carbon Fiber in Sports Equipment sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Carbon Fiber in Sports Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Carbon Fiber in Sports Equipment, market overview.
Chapter 2: Global Carbon Fiber in Sports Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Carbon Fiber in Sports Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Carbon Fiber in Sports Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Carbon Fiber in Sports Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
