How Carbon Fiber is Transforming Sports Equipment Market: Growth Projections and Future Insights Global Carbon Fiber for Sports Market demonstrates steady expansion, with its valuation reaching USD 284 million in 2024. Recent industry projections indicate a compound annual growth rate (CAGR) of 4.5%, pushing the market to approximately USD 385 million by 2032. This upward trajectory stems from increasing adoption in high-performance sports equipment where weight reduction and structural integrity are paramount.