PUBLISHER: IMARC | PRODUCT CODE: 1518600
PUBLISHER: IMARC | PRODUCT CODE: 1518600
Carbon Fiber in Sports Equipment Market Report by Carbon Fiber Type (PAN-based, Pitch-based, and Others), Application (Sports Sticks, Rackets, Skis and Snowboards, and Others), and Region 2024-2032
The global carbon fiber in sports equipment market size reached US$ 339.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 524.6 Million by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032. The growing demand for durable and comfortable sports equipment, increasing preferences for carbon fiber bikes among cyclists, and rising utilization to manufacture various rackets represent some of the key factors driving the market.
Carbon fiber, also known as graphite fiber, comprising numerous filaments and it is manufactured through the thermal conversion of organic fibers with low carbon content, such as polyacrylonitrile (PAN). It is cost-effective, strong, and lightweight and provides superior strength and durability. It is also chemical, corrosion, and stress resistant; has temperature tolerance; and does not get affected by wind or water. Besides this, it assists in providing flexibility in designs, increasing performance, and has low-density as compared to other fibers. As it is widely utilized to produce equipment for various sports, such as cricket, badminton, swimming, and cycling, the demand for carbon fiber in sports equipment is rising across the globe.
Carbon Fiber in Sports Equipment Market Trends:
At present, the increasing utilization of carbon fiber to manufacture lightweight, better grip, and unique shape tennis, badminton, and squash rackets worldwide represents one of the key factors contributing to the growth of the market. Additionally, there is a rise in the demand for durable, comfortable, flexible, and high-quality sports equipment among sportspeople around the world. This, coupled with the increasing preference for carbon fiber bikes as compared to aluminum alloy among cyclists, is bolstering the growth of the market. Besides this, the growing application of carbon fiber in sports shoes among cyclists to prevent foot injury and maintain balance on the road is offering a positive market outlook. In addition to this, the increasing adoption of carbon fiber in golf equipment, as it provides better control and stiffness and does not create dents or cracks, is strengthening the growth of the market. Apart from this, the rising demand for carbon fiber in skis and snowboards to produce tougher and lighter carbon fiberboards is offering lucrative growth opportunities to industry investors. Moreover, the increasing employment of carbon fiber in various water sports equipment, as it offers increased tensile strength and withstands high impact, and does not erode with water, is supporting the growth of the market. In line with this, the rising demand for sports equipment among individuals as leisure activities are propelling the growth of the market. Furthermore, the increasing adoption of sports equipment due to rising health consciousness and to maintain physical health and fitness among individuals across the globe is impelling the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global carbon fiber in sports equipment market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on carbon fiber type and application.
Carbon Fiber Type Insights:
Carbon Fiber in Sports Equipment Market Report
PAN-based
Pitch-based
Others
The report has provided a detailed breakup and analysis of the carbon fiber in sports equipment market based on the carbon fiber type. This includes PAN-based, pitch-based, and others. According to the report, PAN-based represented the largest segment.
Application Insights:
Sports Sticks
Rackets
Skis and Snowboards
Others
A detailed breakup and analysis of the carbon fiber in sports equipment market based on the application has also been provided in the report. This includes sports sticks, rackets, skis and snowboards, and others. According to the report, sports sticks accounted for the largest market share.
Regional Insights:
Carbon Fiber in Sports Equipment Market Report
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others) was the largest market for carbon fiber in sports equipment. Some of the factors driving the Asia Pacific carbon fiber in sports equipment market included the growing health consciousness among individuals, increasing employment in water sports equipment, rising preferences for durable and lightweight sports equipment, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global carbon fiber in sports equipment market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Hexcel Corporation, Mitsubishi Chemical Carbon Fiber and Composites Inc. (Mitsubishi Chemical Group Corporation), Nippon Graphite Fiber Co. Ltd., SGL Carbon SE, Solvay, Taekwang Industrial Co. Ltd., Teijin Limited, Toray Industries Inc., Weihai Guangwei composite material Co. Ltd., Zhongfu Shenying Carbon Fiber Co. Ltd., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global carbon fiber in sports equipment market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global carbon fiber in sports equipment market?
- What is the impact of each driver, restraint, and opportunity on the global carbon fiber in sports equipment market?
- What are the key regional markets?
- Which countries represent the most attractive carbon fiber in the sports equipment market?
- What is the breakup of the market based on the carbon fiber type?
- Which is the most attractive carbon fiber type in the carbon fiber in sports equipment market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the carbon fiber in sports equipment market?
- What is the competitive structure of the global carbon fiber in sports equipment market?
- Who are the key players/companies in the global carbon fiber in sports equipment market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Carbon Fiber in Sports Equipment Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Carbon Fiber Type
- 6.1 PAN-based
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Pitch-based
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Sports Sticks
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Rackets
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Skis and Snowboards
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Hexcel Corporation
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Mitsubishi Chemical Carbon Fiber and Composites Inc. (Mitsubishi Chemical Group Corporation)
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Nippon Graphite Fiber Co. Ltd.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 SGL Carbon SE
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 Solvay
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 Taekwang Industrial Co. Ltd.
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.7 Teijin Limited
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Toray Industries Inc.
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.8.4 SWOT Analysis
- 13.3.9 Weihai Guangwei composite material Co. Ltd.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 SWOT Analysis
- 13.3.10 Zhongfu Shenying Carbon Fiber Co. Ltd.
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 SWOT Analysis
- 13.3.1 Hexcel Corporation
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Carbon Fiber in Sports Equipment Market: Major Drivers and Challenges
- Figure 2: Global: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 4: Global: Carbon Fiber in Sports Equipment Market: Breakup by Carbon Fiber Type (in %), 2023
- Figure 5: Global: Carbon Fiber in Sports Equipment Market: Breakup by Application (in %), 2023
- Figure 6: Global: Carbon Fiber in Sports Equipment Market: Breakup by Region (in %), 2023
- Figure 7: Global: Carbon Fiber in Sports Equipment (PAN-based) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Carbon Fiber in Sports Equipment (PAN-based) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Carbon Fiber in Sports Equipment (Pitch-based) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Carbon Fiber in Sports Equipment (Pitch-based) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Carbon Fiber in Sports Equipment (Other Carbon Fiber Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Carbon Fiber in Sports Equipment (Other Carbon Fiber Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Carbon Fiber in Sports Equipment (Sports Sticks) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Carbon Fiber in Sports Equipment (Sports Sticks) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Carbon Fiber in Sports Equipment (Rackets) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Carbon Fiber in Sports Equipment (Rackets) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Carbon Fiber in Sports Equipment (Skis and Snowboards) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Carbon Fiber in Sports Equipment (Skis and Snowboards) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Carbon Fiber in Sports Equipment (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Carbon Fiber in Sports Equipment (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: North America: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: North America: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: United States: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: United States: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Canada: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Canada: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Asia-Pacific: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Asia-Pacific: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: China: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: China: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Japan: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Japan: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: India: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: India: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: South Korea: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: South Korea: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Australia: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Australia: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Indonesia: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Indonesia: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Others: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Others: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Europe: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Europe: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Germany: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Germany: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: France: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: France: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: United Kingdom: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: United Kingdom: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Italy: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Italy: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Spain: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Spain: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Russia: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Russia: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Others: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Others: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Latin America: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Latin America: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Brazil: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Brazil: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Mexico: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Mexico: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Others: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Others: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Middle East and Africa: Carbon Fiber in Sports Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Middle East and Africa: Carbon Fiber in Sports Equipment Market: Breakup by Country (in %), 2023
- Figure 69: Middle East and Africa: Carbon Fiber in Sports Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Global: Carbon Fiber in Sports Equipment Industry: Drivers, Restraints, and Opportunities
- Figure 71: Global: Carbon Fiber in Sports Equipment Industry: Value Chain Analysis
- Figure 72: Global: Carbon Fiber in Sports Equipment Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Carbon Fiber in Sports Equipment Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Carbon Fiber in Sports Equipment Market Forecast: Breakup by Carbon Fiber Type (in Million US$), 2024-2032
- Table 3: Global: Carbon Fiber in Sports Equipment Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Carbon Fiber in Sports Equipment Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Carbon Fiber in Sports Equipment Market: Competitive Structure
- Table 6: Global: Carbon Fiber in Sports Equipment Market: Key Players
