Sports Composites Market is Anticipated to Witness High Growth Owing to Increasing Demand from Athletic Goods Industry

Global Sports Composites Market 


 Sports composites are materials made by combining two or more constituent materials, specifically designed to be used in athletic goods applications to provide performance and strength benefits. Some key types of sports composites include carbon fiber reinforced composites, glass fiber reinforced composites, and aramid fiber reinforced composites. Sports composites find widespread application in manufacturing of various sports equipment and goods including tennis rackets, golf clubs, bicycles, fishing rods, kayaks, snowboards, surfboards and other protective gear. They provide advantages like strength to weight ratio, design flexibility, impact resistance and durability over traditional materials.


The global demand for sports and athletic goods has been steadily rising owing to increasing health awareness and participation in sports and fitness activities. Sports composites help address the need for high performance equipment that can withstand repetitive stresses during activities while being lightweight.

The Global Sports Composites Market Share is estimated to be valued at US$ 6.62 Bn in 2024 and is expected to exhibit a CAGR of 4.9% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the Sports Composites are Toray Industries Inc., SGL Carbon, Fischer Sports Gmbh, TOPKEY CORPORATION, DUPONT DE NEMOURS, INC, Hexion, Inc, Toray Industries, Inc, SGL CARBON SE, Callaway Golf Company, Rockwest Composites, Arvind Composites, REIN4CED, Protech Composites, Protension Composites, Arevo, Inc, Entropy Resins. Key players dominate the market and account for majority market share.

The market provides numerous growth opportunities including increasing R&D investments to expand product portfolios, tapping opportunities in emerging economies, and focus on sustainable composite materials.

Global expansion remains key strategy of major players. Companies are investing in expanding production facilities and distribution networks across regions like Asia Pacific, Europe, Middle East and Africa to leverage opportunities and strengthen global market presence.

Market Drivers

Growing popularity and demand for non-wood tennis rackets, golf clubs, bicycles and other athletic goods made using composites as they provide advantages like strength, durability and flex properties over wooden goods. This drives volume consumption.

Stringent environment protection norms favoring use of recyclable and eco-friendly composite materials in sports equipment manufacturing over plastics and metals. Properties like lightweight and recyclability promote adoption.

Market Restraints

Volatility in raw material prices especially of carbon and glass fibers impacts overall production costs. Prices of epoxy and polyamide resins also fluctuate.

High R&D and manufacturing costs restrain mass production of certain composite types and applications thus limiting penetration.

Segment Analysis
The dominant sub-segment in the global sports composites market is glass/carbon fiber composites. Sports composites made from glass/carbon fibers account for over 50% of the market share. These composites have superior structural strength and rigidity as compared to aluminum or steel. In applications like golf shafts, tennis rackets, bikes, helmets, protective gear etc., glass/carbon fiber composites offer considerable weight saving benefits while maintaining high durability and stiffness. This makes them ideal for performance critical sporting goods. Other sub-segments include carbon fiber composites and aramid fiber composites, however glass/carbon hybrids dominate owing to their balanced strength and cost advantages.

Global Analysis
North America currently dominates the global sports composites market, accounting for over 35% share. Presence of leading sporting goods manufacturers, developed infrastructure for composite processing and high consumer spending on sporting goods drives the North American market. Asia Pacific region is projected to be the fastest growing market during the forecast period. Countries like China, Japan and India are witnessing heightened investments in sports infrastructure and participation. Rising middle class incomes coupled with improving standards of living in the region will propel the demand for high performance sports equipment incorporating advanced composite materials. Europe represents another major regional market, supported by well-established players and higher focus on specialty sporting activities in countries like Germany, UK, France and Italy.

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