The global recycled carbon fiber market size was US$ 125.3 million in 2021. The global recycled carbon fiber market size is forecast to reach US$ 440.9 million by 2030, growing at a compound annual growth rate (CAGR) of 15% during the forecast period from 2022 to 2030.
By recycling carbon fiber, you can generate recycled carbon fibers. Various prepreg scrap and dry fiber sources combine to produce recycled carbon fiber and thermoset carbon fiber composites. Nearly 30% of carbon fiber produced to make carbon fiber-based products end up as waste. Furthermore, recycled carbon fibers possess properties similar to virgin carbon fiber, including low thermal expansion, lightweight, high tensile strength, and chemical resistance.
Factors Influencing Market Growth
Impact Analysis of COVID-19
In 2020, the recycled carbon fiber market suffered from the ongoing COVID-19 pandemic. Many regions at that time adopted social distancing norms and global lockdowns, which affected the global market. In addition, the global pandemic, the production, demand, supply, investors, and many others have been negatively affected. In general, the recycled carbon fiber market trend appears to have slowed down. In spite of this, the continued efforts of key players have helped the global market slowly recover from the pandemic. Presently, the global market is forecast to have a higher share of recycled carbon fiber.
Regional Insights
In terms of value, Europe dominated the recycled carbon fiber market in 2021. A number of leading companies manufacture recycled carbon fiber in the region. In this region, the composites market is forecast to grow due to the development of composite technologies and the increasing penetration of composites in industries such as aerospace & defense, pipe & tank, construction & infrastructure, automotive & transportation, and wind energy. Many countries in the region are promoting the use of environmentally friendly products. As a result, Europe's market for recycled carbon fiber is growing.
Leading Competitors
The leading prominent companies profiled in the global recycled carbon fiber market are:
Scope of the Report
The global recycled carbon fiber market segmentation focuses on Type, Source, End-use Industry, and Region.
Segmentation based on Type
Segmentation based on Source
Segmentation based on End-use Industry
Segmentation based on Region
Table of Content
1 INTRODUCTION
1.1 MARKET DEFINITION
1.2 MARKET SEGMENTATION
1.3 RESEARCH TIMELINES
1.4 ASSUMPTIONS
1.5 LIMITATIONS
2 RESEARCH METHODOLOGY
2.1 DATA MINING
2.2 SECONDARY RESEARCH
2.3 PRIMARY RESEARCH
2.4 SUBJECT MATTER EXPERT ADVICE
2.5 QUALITY CHECK
2.6 FINAL REVIEW
2.7 DATA TRIANGULATION
2.8 BOTTOM-UP APPROACH
2.9 TOP-DOWN APPROACH
2.10 RESEARCH FLOW
3 EXECUTIVE SUMMARY
3.1 MARKET OVERVIEW
3.2 GLOBAL RECYCLED CARBON FIBER MARKET GEOGRAPHICAL ANALYSIS (CAGR %)
3.3 GLOBAL RECYCLED CARBON FIBER MARKET, BY Type
3.4 GLOBAL RECYCLED CARBON FIBER MARKET, BY Source
3.5 GLOBAL RECYCLED CARBON FIBER MARKET, BY End-Use
3.6 FUTURE MARKET OPPORTUNITIES
3.7 GLOBAL MARKET SPLIT
4 MARKET OUTLOOK
4.1 GLOBAL RECYCLED CARBON FIBER MARKET OUTLOOK
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 IMPACT OF COVID – 19 ON RECYCLED CARBON FIBER MARKET
5 MARKET, BY TYPE
5.1 OVERVIEW
5.2 CHOPPED
5.3 MILLED
6 MARKET, BY SOURCE
6.1 OVERVIEW
6.2 AEROSPACE SCRAP
6.3 AUTOMOTIVE SCRAP
6.4 OTHERS
7 MARKET, BY END-USE INDUSTRY
7.1 OVERVIEW
7.2 AUTOMOTIVE & TRANSPORTATION
7.3 CONSUMER GOODS
7.4 SPORTING GOODS
7.5 INDUSTRIAL
7.6 MARINE
7.7 AEROSPACE & DEFENCE
7.8 OTHERS
8 MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 Western Europe
8.3.2.1The UK
8.3.2.2Germany
8.3.2.3France
8.3.2.4Italy
8.3.2.5Spain
8.3.2.6Rest of Western Europe
8.3.3Eastern Europe
8.3.3.1Poland
8.3.3.2Russia
|8.3.3.3Rest of Eastern Europe
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 Australia & New Zealand
8.4.6 ASEAN
8.4.7 Rest of Asia Pacific
8.5 Middle East & Africa
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 Saudi Arabia
8.5.4 South Africa
8.5.5 Rest of MEA
8.6 South America
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 Brazil
8.6.3 Argentina
8.6.4 Rest of South America
9 COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPETITIVE SCENARIO
9.3 COMPANY MARKET RANKING ANALYSIS
10 COMPANY PROFILES
10.1 TORAY INDUSTRIES INCORPORATED
10.1.1 COMPANY OVERVIEW
10.1.2 COMPANY INSIGHTS
10.1.3 SEGMENT BREAKDOWN
10.1.4 PRODUCT BENCHMARKING
10.1.5 KEY DEVELOPMENTS
10.1.6 SWOT ANALYSIS
10.2 ELG Carbon Fibre Limited
10.2.1 COMPANY OVERVIEW
10.2.2 COMPANY INSIGHTS
10.2.3 SEGMENT BREAKDOWN
10.2.4 PRODUCT BENCHMARKING
10.2.5 KEY DEVELOPMENTS
10.2.6 SWOT ANALYSIS
10.3 SGL CARBONN
10.3.1 COMPANY OVERVIEW
10.3.2 COMPANY INSIGHTS
10.3.3 SEGMENT BREAKDOWN
10.3.4 PRODUCT BENCHMARKING
10.3.5 KEY DEVELOPMENTS
10.3.6 SWOT ANALYSIS
10.4 CARBON CONVERSIONS INCORPORATED
10.4.1 COMPANY OVERVIEW
10.4.2 COMPANY INSIGHTS
10.4.3 SEGMENT BREAKDOWN
10.4.4 PRODUCT BENCHMARKING
10.4.5 KEY DEVELOPMENTS
10.4.6 SWOT ANALYSIS
10.5 CARBON FIBER RECYCLING, INCORPORATED
10.5.1 COMPANY OVERVIEW
10.5.2 COMPANY INSIGHTS
10.5.3 SEGMENT BREAKDOWN
10.5.4 PRODUCT BENCHMARKING
10.5.5 SWOT ANALYSIS
10.6 SHOCKER COMPOSITES LLC.
10.6.1 COMPANY OVERVIEW
10.6.2 COMPANY INSIGHTS
10.6.3 SEGMENT BREAKDOWN
10.6.4 PRODUCT BENCHMARKING
10.6.5 KEY DEVELOPMENTS
10.7 PROCOTEX CORPORATION SA
10.7.1 COMPANY OVERVIEW
10.7.2 COMPANY INSIGHTS
10.7.3 SEGMENT BREAKDOWN
10.7.4 PRODUCT BENCHMARKING
10.8 ALPHA RECYCLAGE COMPOSITES
10.8.1 COMPANY OVERVIEW
10.8.2 COMPANY INSIGHTS
10.8.3 PRODUCT BENCHMARKING
10.8.4 KEY DEVELOPMENTS
10.9 CARBON FIBER REMANUFACTURING
10.9.1 COMPANY OVERVIEW
10.9.2 COMPANY INSIGHTS
10.9.3 PRODUCT BENCHMARKING
10.9.4 KEY DEVELOPMENTS
10.10 VARTEGA INCORPORATED
10.10.1 COMPANY OVERVIEW
10.10.2 COMPANY INSIGHTS
10.10.3 PRODUCT BENCHMARKING
10.10.4 KEY DEVELOPMENTS
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