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Advanced Sports Materials Market Trends

Report ID: GMI10529
Published Date: Jul 2024
Report Format: PDF

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Advanced Sports Materials Market Trends

The market is seeing a surge in the integration of smart textiles and wearable technology, revolutionizing sports apparel and equipment. By embedding sensors and electronics directly into the fabric, smart textiles monitor an athlete's physiological parameters, such as heart rate, body temperature, and muscle activity, providing real-time data to enhance performance and prevent injuries. This trend is fueled by advancements in nanotechnology and flexible electronics, resulting in lightweight, durable, and highly functional sportswear.

For instance, In April 2024, MIT researchers introduced FibeRobo, a low-cost, programmable fiber that changes shape with temperature. Compatible with traditional textile techniques, it offers digital control over fabric form. This innovation promises new possibilities for adaptive wear, such as sports bras and pet jackets, transforming the textile industry.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global advanced sports materials industry was valued at USD 2.55 million in 2023 and is anticipated to register over 5% CAGR between 2024 and 2032 due to the increasing demand for high-performance sports equipment and apparel.

The polymers segment in the market is expected to reach USD 1 billion by 2032 due to their versatility, lightweight, durable properties, and innovations in high-performance thermoplastics, composites, and smart polymers.

North America advanced sports materials market held 35% revenue share in 2023 driven by high disposable incomes and the strong consumer culture focused on sports and fitness.

3M Company, BASF SE, DuPont de Nemours, Inc., Hexcel Corporation, Mitsubishi Chemical Holdings Corporation, Teijin Limited, and Toray Industries, Inc.