Sports Composites Market Size Worth USD 6.92 Billion by 2034 | CAGR: 5.6%

The global sports composites market size is expected to reach USD 6.92 billion by 2034, according to a new study by Polaris Market Research. The report “Sports Composites Market Share, Size, Trends, Industry Analysis Report: By Reinforcement Material (Carbon Fiber, Glass Fiber, and Others), Resin Type, Process Type, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Segment Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The sports composites market includes a wide range of products designed for various athletic activities, such as cycling, golf, tennis, hockey, and winter sports. These products are made using advanced composite materials such as carbon fiber, glass fiber, and epoxy resins to improve performance by providing better strength-to-weight ratios, durability, and flexibility. Moreover, as athletes and sports enthusiasts increasingly seek high-performance gear that enhances their abilities, the demand for lightweight and durable composites continues to rise. This market caters to professional-grade equipment and recreational sports products, meeting the needs of a diverse range of users across different sports disciplines.

In July 2024, The Amflow PL launched an electric mountain bike, which offers 850 watts of peak power in an ultra-light build weighing 19.2 kg and is a full-power eMTB. The ultra-light carbon fiber frame weighs just 2.27 kg and has been designed and expertly crafted to deliver the ultimate ride wherever the rider is headed.

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The sports composites market is being transformed by technological advancements and material innovation. Manufacturers are using 3D printing and hybrid materials, particularly carbon fiber composites, to create more efficient and customized sports equipment tailored to specific sport’s needs. These innovations improve the performance, strength, and durability of equipment such as bicycles, tennis rackets, and golf clubs. Offering more specialized and high-quality products, manufacturers are driving market growth and meeting the demands of athletes seeking performance-boosting gear.

Top of FormSports Composites Market Report Highlights

• By reinforcement material, the carbon fiber segment accounted for the largest market share in 2024 due to the exceptional strength-to-weight ratio, stiffness, and durability.
• The epoxy resin segment, based on resin type, dominated the sports composites market share in 2024 due to its superior fastening and mechanical properties. Epoxy resin offers excellent bonding to various reinforcement materials, such as carbon and glass fibers, resulting in strong and durable composite structures for bicycles, golf clubs, and tennis rackets.
• In 2024, Asia Pacific dominated the market due to the region's rapidly expanding sports culture, which has increased the demand for high-performance sports equipment, particularly composites.
• The North America sports composites market is expected to register the highest CAGR in the forecast period due to the region’s well-established sporting goods industry with significant investments in research and development from leading manufacturers.
• A few global key market players include Mitsubishi Chemical Group Corp.; TORAY INDUSTRIES, INC.; TEIJIN LIMITED; SGL Carbon; Arvind Composite; Epsilon Composite; Advanced Composites, Inc; Hexcel; Rockman Advanced Composites; New Era Materials; ACP COMPOSITES, INC; and ARRIS Composites, Inc.

Polaris Market Research has segmented the sports composites market report on the basis of reinforcement material, resin type, process type, application, and region:

By Reinforcement Material Outlook (Revenue, USD Billion, Kilotons, 2020–2034)

• • Carbon Fiber
  • Glass Fiber
  • Others

By Resin Type Outlook (Revenue, USD Billion, Kilotons, 2020–2034)

• • Epoxy Resin
  • Polyamide
  • Others

By Process Type Outlook (Revenue, USD Billion, Kilotons, 2020–2034)

• • Prepreg Layup
  • Infusion
  • Filament Winding
  • Wet Layup
  • Others

By Application Outlook (Revenue, USD Billion, Kilotons, 2020–2034)

• • Skis & Snowboards
  • Bicycle Parts
  • Rackets & Bats
  • Golf Equipment
  • Hockey Sticks
  • Others

By Regional Outlook (Revenue, USD Billion, Kilotons, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of Middle East & Africa

Sports Composites Market Report Scope