Sports Composites Market Report 2025

This Sports Composites report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The sports composites market size has grown strongly in recent years. It will grow from $3.79 billion in 2024 to $4.07 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to weight reduction, high strength-to-weight ratio, increased sports participation.

The sports composites market size is expected to see strong growth in the next few years. It will grow to $5.64 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to rising demand for carbon fiber composites, focus on sustainability, emerging sports trends, increasing sports investment. Major trends in the forecast period include material advancements, customization, innovative manufacturing technologies.

The growing popularity of cycling is expected to drive the expansion of the sports composites market in the future. This rise in cycling's popularity is due to its health benefits, eco-friendliness, and increasing adoption as a sustainable mode of transportation, along with a growing interest in fitness and recreational activities. Sports composites enhance cycling by reducing the weight of bicycles while improving their strength, durability, and aerodynamic performance, allowing cyclists to reach higher speeds with greater efficiency and comfort. For example, in August 2024, GOV.UK, a UK-based government services and information provider, reported that in 2023, people in England cycled a total of 0.9 billion stages. On average, an individual completed 15 cycling trips and 16 stages, covering a distance of 47 miles. Thus, the rising popularity of cycling is fueling the growth of the sports composites market.

The growth of sports activities is expected to play a pivotal role in propelling the sports composites market. Sports activities encompass organized physical endeavors, games, or exercises with competitive elements, pursued for purposes such as recreation, entertainment, physical fitness, or competition. Sports composites, tailored to enhance performance, safety, and durability, find application in various sports. According to the Department of Health and Aged Care, a department of the Australian Government, over 90% of Australian adults participated in sports in January 2023. With three million youngsters and almost 13 million adults engaging in athletics annually, and 3. 1 million Australians volunteering in sports and active leisure, the growing prevalence of sports activities is contributing significantly to the expansion of the sports composites market.

Product innovation has become a key trend gaining traction in the sports composites market. Leading companies in the sector are focusing on launching new products to maintain their market position. For example, in March 2023, SGL Carbon, a Germany-based manufacturer of carbon and graphite products, introduced the SIGRAFIL C T50-4.9/235 carbon fiber for sports and other applications requiring high strength and fiber elongation. While primarily designed for pressure vessels in hydrogen storage for fuel cell vehicles, this carbon fiber also has potential applications in the sports industry, especially in equipment that benefits from lightweight yet durable materials.

Major companies in the sports composites market are focusing on introducing an advanced range of solutions to maximize their profits. Technological advancements in sports composites involve innovations in materials and manufacturing processes to enhance the performance, durability, and weight of composite materials. Hexcel Corporation, a US-based industrial materials company, launched the HexPly Nature Range in May 2022, offering material solutions for automotive, wind energy, marine, and winter sports applications by combining Hexcel resin systems with natural fiber reinforcements developed from biotechnology. The Nature Range products, containing epoxy resin derived from plants, maintain outstanding mechanical performance and consistent processing features, showcasing the ongoing commitment to technological advancements in the sports composites market.

In April 2022, Kordsa, a Turkey-based provider of reinforcement technologies, acquired the majority of shares in Microtex Composites for €24. 6 million euros ($25. 2 million). This strategic acquisition aims to diversify Kordsa's product offering, expand its client base, and enhance its service offering in the automotive and motorsport industries. Microtex Composites, an Italy-based company specializing in composite production, including carbon fiber for automotive, motorsport, marine, and transport, aligns with Kordsa's vision for growth in the sports composites market.

Major companies operating in the sports composites market include Fischer Sports GmbH, Callaway legally Topgolf Callaway Brands Corp., Skis Rossignol S. A., Rockman Cycles limited, Rock West Composites Inc., Mitsubishi Chemical Carbon Fiber and Composites Inc., Jarden Corporation, Hexcel Corporation, Exel Composites Oyj, EPSILON Composite SA, Du Pont De Nemours Inc., Dexcraft Sp. z o. o., Composite Technology Development Inc., Composite Horizons LLC, Composite Engineering Inc., Composite Advantage LLC, Celanese Corporation, Carbon Composites e. V., Amer Sports, ALDILA Inc., Fiberon LLC,True Temper Sports, Toray Industries Inc., Topkey Corporation, Teijin Limited, SGL Carbon Pvt. Ltd., ProKennex, Newell Brands Inc., Hexion Inc., Fujikura Composites Inc.,

North America was the largest region in the sports composites market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sports composites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the sports composites market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

Sports composites are fibers utilized to enhance the strength, reduce the weight, and lower the cost of sports equipment. They play a crucial role in reducing the weight of protective gear like helmets for motorcyclists, contributing to the enhancement of sports equipment and the safeguarding of athletes against injuries.

The primary types of fibers employed in sports composites include carbon, glass, and others. Carbon sports composites, also known as graphite fibers, are extensively used in manufacturing sports equipment such as sticks and rackets due to their exceptional qualities, including being lightweight, possessing a high strength-to-weight ratio, increased resistance, and stiffness. Various resin types, such as epoxy, polyamide, polyurethane, and polypropylene, find applications in diverse sports equipment like golf sticks, rackets, bicycles, hockey sticks, as well as skis and snowboards.

The sports composites market research report is one of a series of new reports that provides sports composites market statistics, including global market size, regional shares, competitors with a sports composites market share, detailed sports composites market segments, market trends and opportunities, and any further data you may need to thrive in the sports composites industry. This sports composites market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The sports composites market consists of sales of polymer matrix composites (PMCs), metal matrix composites (MMCs), ceramic matrix composites (CMCs), and carbon matrix composites (CAMCs). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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