Global Carbon Fiber In Sports Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Equipment Type;

Tennis Rackets, Golf Clubs, Hockey Sticks, Bicycle Frames, and Fishing Rods

By Fiber Type;

High Modulus Carbon Fiber, Intermediate Modulus Carbon Fiber, and Standard Modulus Carbon Fiber

By Construction Method;

Prepreg, Wet Lay-Up, and Vacuum Bagging

By Application;

Professional Sports, Recreational Sports, Fitness, and Training

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn141357726 Published Date: May, 2025 Updated Date: June, 2025

Carbon Fiber In Sports Equipment Market Overview

Carbon Fiber In Sports Equipment Market (USD Million)

Carbon Fiber In Sports Equipment Market was valued at USD 334.21 million in the year 2024. The size of this market is expected to increase to USD 509.21 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.


Global Carbon Fiber In Sports Equipment Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.2 %
Market Size (2024)USD 334.21 Million
Market Size (2031)USD 509.21 Million
Market ConcentrationMedium
Report Pages309
334.21
2024
509.21
2031

Major Players

  • Hexcel Corporation
  • Mitsubishi Chemical Corporation
  • SGL Carbon SE (formerly SGL Group)
  • Teijin Limited (TEIJIN)
  • Toray Industries, Inc.
  • Zoltek Corporation
  • DowAksa
  • Formosa Plastics Corporation
  • Hyosung Advanced Materials

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Carbon Fiber In Sports Equipment Market

Fragmented - Highly competitive market without dominant players


The carbon fiber in sports equipment market is gaining strong traction due to the increasing demand for lightweight, high-durability materials in sports gear. With its excellent strength-to-weight ratio, carbon fiber significantly improves user agility and comfort across various sports. Nearly 55% of premium sports equipment now features carbon fiber components to boost responsiveness and performance. This growing preference highlights the shift toward advanced materials that offer a competitive advantage in athletic performance.

Boosting Athletic Performance and Protection
The inherent shock absorption and impact resistance of carbon fiber make it a reliable choice for modern sports gear. It provides greater structural support and reduces the risk of injuries, enhancing athlete confidence. Studies show that about 48% of professional users opt for carbon fiber-based products because of their stability and comfort during rigorous activity. This indicates the rising focus on performance-driven and safety-enhancing materials in sports gear design.

Growing Adoption Across Sports Disciplines
A steady rise in sports participation is pushing up the use of carbon fiber in equipment like bicycles, racquets, hockey sticks, and golf clubs. Close to 42% of newly launched products in these categories now integrate carbon fiber, demonstrating its growing role in sports innovation. Athletes and consumers are showing strong interest in gear that enhances stamina and control, propelling carbon fiber’s relevance in both professional and recreational sports markets.

Innovations in Manufacturing Processes
Advanced production techniques such as resin transfer molding and automated carbon layup systems are making carbon fiber equipment more accessible and affordable. These developments ensure consistent product quality while increasing output efficiency. Approximately 38% of sports manufacturing innovations now target carbon fiber applications, ensuring a steady stream of enhanced products entering the market. These trends are expanding the appeal of carbon fiber beyond niche, high-performance use cases.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Equipment Type
    2. Market Snapshot, By Fiber Type
    3. Market Snapshot, By Construction Method
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Carbon Fiber In Sports Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for lightweight sports gear
        2. Rising interest in high-performance equipment
        3. Growth in professional and recreational sports
        4. Advancements in composite material manufacturing
      2. Restraints
        1. High cost of carbon fiber materials
        2. Limited accessibility in price-sensitive markets
        3. Complex manufacturing and design limitations
        4. Challenges in recycling carbon-based products
      3. Opportunities
        1. Growing demand for sustainable materials
        2. Advancements in carbon fiber production techniques
        3. Customization and personalization in sports equipment
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Carbon Fiber In Sports Equipment Market, By Equipment Type, 2021 - 2031 (USD Million)
      1. Tennis Rackets
      2. Golf Clubs
      3. Hockey Sticks
      4. Bicycle Frames
      5. Fishing Rods
    2. Carbon Fiber In Sports Equipment Market, By Fiber Type, 2021 - 2031 (USD Million)
      1. High Modulus Carbon Fiber
      2. Intermediate Modulus Carbon Fiber
      3. Standard Modulus Carbon Fiber
    3. Carbon Fiber In Sports Equipment Market, By Construction Method, 2021 - 2031 (USD Million)
      1. Prepreg
      2. Wet Lay-up
      3. Vacuum Bagging
    4. Carbon Fiber In Sports Equipment Market, By Application, 2021 - 2031 (USD Million)
      1. Professional Sports
      2. Recreational Sports
      3. Fitness and Training
    5. Carbon Fiber In Sports Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Hexcel Corporation
      2. Mitsubishi Chemical Corporation
      3. SGL Carbon SE (formerly SGL Group)
      4. Teijin Limited (TEIJIN)
      5. Toray Industries, Inc.
      6. Zoltek Corporation
      7. DowAksa
      8. Formosa Plastics Corporation
      9. Hyosung Advanced Materials
  7. Analyst Views
  8. Future Outlook of the Market