The sports composites market has emerged as one of the most innovative sectors. Sports composites are specialized composite materials used in sports equipment manufacturing owing to their lightweight, high strength, and high stiffness properties. Composites offer rigidity and durability along with excellent energy absorption which provides safety and comfort. For instance, carbon fiber composite bicycles and tennis racquets are 30-40% lighter than their metal counterparts yet offer superior strength and flexibility. Composites are also increasingly replacing wood in manufacturing durable yet lightweight sports goods like surfboards, fishing rods, kayaks, and sailing boats.

The Global Sports Composites Market is estimated to be valued at USD 4.73 Bn in 2024 and is expected to exhibit a CAGR of 4.9% over the forecast period 2024 To 2031.

Key players operating in the sports composites market are Toray Industries, Solvay, SGL Group, Royal DSM, Teijin, and Hexion among others.

These players are focused on developing innovative lightweight composite materials as well as expanding their production capacities to meet the growing Sports Composites Market Demand from the sports industry. For instance, in 2021, Toray Industries expanded its carbon fiber production capacity in Japan to cater to the growing demand from markets such as automotive, aircraft, and sports goods manufacturing.

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